Rocket Lab to Launch 150th Satellite on Upcoming Mission for Synspective

Rocket Lab USA, Inc (Nasdaq: RKLB) today announced its upcoming 30^th Electron launch will deliver its 150^th payload and 300^th Rutherford engine to space. The mission is a dedicated launch for Japanese Earth-imaging satellite constellation operator Synspective.

“The Owl Spreads Its Wings” mission is scheduled to lift-off from Pad B at Rocket Lab Launch Complex 1 in New Zealand during a launch window opening in mid-September. The mission is the second of a bulk buy of three Electron launches by Synspective to deliver their StriX satellites to low Earth orbit. StriX-1 is Synspective’s first commercial satellite for its synthetic aperture radar (SAR) satellite constellation to deliver imagery that can detect millimeter-level changes to the Earth’s surface from space, independent of weather conditions on Earth and at any time of the day or night. “The Owl Spreads Its Wings” will be Rocket Lab’s third mission for Synspective after successful launches in December 2020 and February 2022.

Rocket Lab founder and CEO, Peter Beck, says: “From launching Synspective’s first demonstration spacecraft to now helping to build their SAR constellation with this launch of their first commercial StriX satellite, it’s an honor to once again be the trusted launch partner for Synspective. As the sole payload on this dedicated Electron launch, Synspective are able to build their constellation to a specific LTAN (Local Time of the Ascending Node) that couldn’t be achieved if StriX was launched on a rideshare mission with other satellites – a highly important differentiator when building a new satellite constellation.”

The mission for Synspective will mark a series of company milestones for Rocket Lab.

30^th Electron launch

“The Owl Spreads Its Wings” mission will be Rocket Lab’s 30^th launch of its Electron rocket. From its first launch in 2017, Electron quickly made regular and reliable launch to space accessible for small satellites. As the United States’ second most-frequently launched rocket, with this mission Electron will have successfully launched to orbit more times in 2022 than all other small launch providers combined.

150^th satellite to orbit

The single StriX-1 satellite manifested on this Electron launch will bring Rocket Lab’s tally of satellites delivered to orbit to 150 – a quarter of those delivered to space in the past three months alone, including the CAPSTONE satellite to the Moon for NASA and spacecraft conducting Earth-imaging, technology demonstrations, marine monitoring, space junk removal tests, and internet connectivity.

300^th Rutherford engine

This mission will see Rocket Lab reach 300 Rutherford engines launched to space. Designed and built by Rocket Lab, Rutherford is the world’s first 3D-printed, electric pump-fed rocket engine. Rutherford engines are used as both first and second stage engines on Electron and have been integral to the rocket’s success as the industry’s premier small launch vehicle. Developed in 2013 and first test fired within the same year, Rutherford’s unique design was driven by Rocket Lab’s desire to create a reliable and high-performing rocket engine that could be produced in high volume, reliably, and efficiently.

“The Owl Spreads Its Wings” launch details:

• Launch Window Opens: mid-September, 2022
• Launch vehicle: Electron
• Customer: Synspective
• Launch site: Rocket Lab Launch Complex 1, Pad B
• Mission type: Dedicated
• Payload: StriX-1

Real-time mission updates can be found on Rocket Lab’s Twitter @rocketlab and via www.rocketlabusa.com/missions/next-mission

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+ About Rocket Lab

Rocket Lab (Nasdaq: RKLB) is a global leader in space, delivering proven and reliable space services spanning launch, spacecraft manufacture, satellite subsystems, flight software, and on-orbit operations. Since 2018, the company’s Electron rocket has delivered proven and reliable launch for civil, national security, defense, and commercial customers, deploying more than 149 satellites to orbit. Building on the achievements of Electron, Rocket Lab is developing a next generation large reusable launch vehicle, Neutron, designed for constellation deployment, cargo resupply, interplanetary missions. Rocket Lab also develops mission-ready spacecraft and satellite subsystems. More than 1,700 spacecraft on orbit feature Rocket Lab technology including space solar power, radios, separation systems, propulsion, flight software, star trackers, and reaction wheels. Headquartered in Long Beach, California, Rocket Lab operates three launch pads at two launch sites across New Zealand and Virginia, and has operations in Virginia, Colorado, Maryland, New Mexico, and Toronto. Visit www.rocketlabusa.com.

+ FORWARD LOOKING STATEMENTS

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