Rocket Lab signs a multi-launch deployment deal

*Photo of Rocket Lab’s third launch for Synspective, The Owl Spreads Its Wings, that was launched in September of 2022. Image is courtesy of the company.*

Rocket Lab USA, Inc. (Nasdaq: RKLB) has signed a deal with Synspective to launch two, dedicated, Electron missions — these new missions bring the total number of Electron launches contracted by Synspective to six in number.

Rocket Lab has been launching for Synspective since 2020 when the Company deployed the first satellite in their synthetic aperture radar (SAR) constellation that is designed to deliver imagery that can detect millimeter-level changes to the Earth’s surface from space. Since that first mission, Rocket Lab has been the sole launch provider for Synspective’s StriX constellation to date, successfully deploying three StriX satellites across three dedicated Electron launches.

*Artistic rendition of Synspective’s StrX 100 kg. SAR smallsat on-orbit.*

Including the two new missions, Rocket Lab is now scheduled to launch three missions for Synspective beginning in late 2023 from Launch Complex 1 in New Zealand.

*Aerial photo of Rocket Lab’s Launch Complex 1 in New Zealand.*

In addition to providing Synspective with a high degree over schedule and orbit by flying as a dedicated mission, Rocket Lab also delivers the unique ability to perform an advanced mid-mission maneuver with the Electron rocket’s Kick Stage to shield the StriX satellite from the sun to reduce radiation exposure ahead of payload deployment.

Synspective joins several commercial constellation operators that have signed multi-launch agreements on Electron this year, including HawkEye 360 and Capella Space.

“It’s an honor to be entrusted with the continued deployment of Synspective’s constellation. We’re proud to enable them to build out their constellation with precision and efficiency, giving Synspective ultimate schedule and orbit flexibility with frequent dedicated launch opportunities. We’re delighted to continue delivering this unique ability to Synspective through our continued partnership.” — Peter Beck, Founder and CEO, Rocket Lab

“As we celebrate our three-year partnership with Rocket Lab, which began with our first StriX-α satellite in 2020, we are thrilled to entrust them with two more contracts for our StriX satellite launches. Their unwavering reliability and precision have been pivotal to our successful deployments. We’re looking forward to the upcoming launches and the new insights to enhance our satellite data and solution service in line with our customer needs.” — Dr. Motoyuki Arai, Founder and CEO, Synspective