Rocket Lab Welcomes Lt. Gen. Nina Armagno to Board of Directors
Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has signed a multi-launch agreement with a confidential commercial satellite constellation operator for its new medium-lift rocket Neutron.
Under the contract, Rocket Lab will launch two dedicated missions on Neutron starting from mid-2026. The missions will launch from Rocket Lab Launch Complex 3 on Wallops Island, Virginia. The launch service agreement for these missions signifies the beginning of a productive collaboration that could see Neutron deploy the entire constellation.
Under the contract, Rocket Lab will launch two dedicated missions on Neutron starting from mid-2026. The missions will launch from Rocket Lab Launch Complex 3 on Wallops Island, Virginia. The launch service agreement for these missions signifies the beginning of a productive collaboration that could see Neutron deploy the entire constellation.
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Neutron is strongly positioned to capitalize on the medium-lift launch requirements for future commercial and government missions, with more than 10,000 satellites projected to need launch services by 2030 in a total addressable market valued at approximately ~$10 billion*. Neutron’s expected debut launch in 2025 also puts the launch vehicle in a strong position to on-ramp onto the U.S. Government’s National Security Space Launch (NSSL) Lane 1 program, an indefinite delivery indefinite quantity (IDIQ) contract valued at $5.6 billion over a five-year period. RFPs for the program opened on October 30th 2024 with approved new launch vehicles to be on-ramped to the program in Spring 2025. The NSSL Lane 1 program is designed by the U.S. Space Force to build up a reliable domestic industrial base of commercial launch vehicles to serve national security missions. If on-ramped in 2025, Rocket Lab would be only the fourth launch provider accepted into the program. Neutron is also eligible to compete for missions under the United States Space Force’s OSP-4 program, a separate $986m IDIQ contract.
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Mission success.
2 launches in less than 24 hours from 2 pads in 2 different hemispheres.
2 launches in less than 24 hours from 2 pads in 2 different hemispheres.
Rocket Lab Successfully Launches Two Missions in Less Than 24 Hours
https://www.youtube.com/live/i081vyh3WO0?si=KoH8OUNDBFp1PHPM
https://www.youtube.com/live/i081vyh3WO0?si=KoH8OUNDBFp1PHPM
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Rocket Lab - 'Ice AIS Baby' Launch
Mission Name: 'Ice AIS Baby
Launch Date: 25 November 2024 NZDT
Launch Site: Launch Complex 1, Mahia, New Zealand
Customers: Kinéis
Payloads (Satellites) Launched: 5x Internet of Things Satellites
The “Ice AIS Baby” mission launched successfully on November…
Launch Date: 25 November 2024 NZDT
Launch Site: Launch Complex 1, Mahia, New Zealand
Customers: Kinéis
Payloads (Satellites) Launched: 5x Internet of Things Satellites
The “Ice AIS Baby” mission launched successfully on November…