Rocket Lab Successfully Deploys Satellite for Synspective, Caps Off Year with 60% Increase in Launches YoY

News

Rocket Lab Successfully Deploys Satellite for Synspective, Caps Off Year with 60% Increase in Launches YoY

2024-12-22 00:26 Last Updated At：00:40

MAHIA, New Zealand--(BUSINESS WIRE)--Dec 21, 2024--

Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it successfully completed the Company’s 16 th launch for the year, deploying a satellite for Japanese Earth-observation constellation operator Synspective.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241221492452/en/

The “Owl The Way Up” mission lifted off from Rocket Lab Launch Complex 1 in Mahia, New Zealand on 22 December at 03:17 NZT deploying a single StriX satellite to orbit from the Electron launch vehicle. The mission was the sixth in a total of 16 launches booked on Electron for Synspective, an Earth observation company operating a constellation of synthetic aperture radar (SAR) satellites designed to deliver imagery that can detect millimetre-level changes to the Earth’s surface from space. Rocket Lab first launched for Synspective in December 2020 and has been the sole launch provider for Synspective’s constellation to date.

Rocket Lab founder and CEO, Sir Peter Beck, says: “Mission success once again for Synspective, capping off our busiest launch year to date. We look forward to continuing to increase our launch cadence in the new year as we strengthen Electron’s position as the leading small rocket globally, and also enter the medium launch market with Neutron’s debut. In 2024 we launched missions for NASA, the NRO, deployed multiple missions for commercial constellation operators like Synspective, launched suborbital HASTE missions advancing hypersonic flight test capability, and to top it all off, we achieved a world first by launching two missions from two different hemispheres in less than 24 hours. Thank you and congratulations to the Rocket Lab team, our customers, and our mission partners for another stellar year.”

Rocket Lab launched 16 missions in 2024, besting the Company’s previous annual launch record of 10 missions, achieved in 2023 and representing a launch cadence increase of 60% year-on-year. Rocket Lab maintained a record of 100% mission success for all launches in 2024. The “Owl The Way” up launch was Rocket Lab’s final scheduled launch for 2024 with the next Electron launch scheduled in Q1 2025.

Rocket Lab Images and Videos:www.flickr.com/photos/rocketlab/

Launch webcast:https://www.youtube.com/watch?v=-7VZB4pHJrQ

About Synspective’s constellation:

Synspective's small SAR satellites, StriX, are equipped with a synthetic aperture radar (SAR) sensor, which can observe the Earth's surface in any weather condition day or night. Not affected by clouds or rainSAR is suitable for persistent monitoring of disasters and detailed changes to secure critical infrastructure and other facilities. Example use cases include:

About Rocket Lab

Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. We deliver reliable launch services, satellite manufacture, spacecraft components, and on-orbit management solutions that make it faster, easier, and more affordable to access space. Headquartered in Long Beach, California, Rocket Lab designs and manufactures the Electron small orbital launch vehicle, a family of flight-proven spacecraft, and the Company is developing the large Neutron launch vehicle for constellation deployment. Since its first orbital launch in January 2018, Rocket Lab’s Electron launch vehicle has become the second most frequently launched U.S. rocket annually and has delivered more than 200 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. Rocket Lab’s Photon spacecraft platform has been selected to support NASA missions to the Moon and Mars, as well as the first private commercial mission to Venus. Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia. To learn more, visit www.rocketlabusa.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our launch and space systems operations, launch schedule and window, safe and repeatable access to space, Neutron development, operational expansion and business strategy are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “strategy,” “future,” “could,” “would,” “project,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at www.rocketlabusa.com, which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

A 9-year-old is among 5 killed in the Christmas market attack in Germany

2024-12-22 00:32 Last Updated At：00:40

MAGDEBURG, Germany (AP) — A 9-year-old was among five people killed when a Saudi doctor drove into a Christmas market teeming with holiday shoppers in the German city of Magdeburg, an official said Saturday, as people mourned the victims and their shaken sense of security.

City official Ronni Krug said he didn’t have further information on the adults who were killed on Friday night. He said 200 people were injured, of whom 41 in serious or very serious condition.

Prosecutor Horst Nopens said the suspect, a 50-year-old Saudi doctor, is under investigation on suspicion of murder, attempted murder and bodily harm. He is currently being questioned. He has lived in Germany since 2006, practicing medicine in Bernburg, about 40 kilometers (25 miles) south of Magdeburg, officials said.

“There is no more peaceful and cheerful place than a Christmas market,” Chancellor Olaf Scholz said. “What a terrible act it is to injure and kill so many people there with such brutality.”

Neurosurgeon Mahmoud Elenbaby said some 80 patients were brought to Magdeburg’s university hospital on Friday night.

“We managed to stabilize most of them, but many are still in intensive care, and some are also in critical condition,” Elenbaby told The Associated Press as he dashed into the hospital cafeteria to buy himself a cola.

Several German media outlets identified the suspect as Taleb A., withholding his last name in line with privacy laws, and reported that he was a specialist in psychiatry and psychotherapy.

Mourners lit candles and placed flowers outside a church near the market on the cold and gloomy day. Several people stopped and cried. A Berlin church choir whose members witnessed a previous Christmas market attack in 2016 sang Amazing Grace, a hymn about God's mercy, offering their prayers and solidarity with the victims.

There were still no answers Saturday as to what motivated the man to drive his black BMW into a crowd in the eastern German city.

Describing himself as a former Muslim, the suspect shared dozens of tweets and retweets daily focusing on anti-Islam themes, criticizing the religion and congratulating Muslims who left the faith.

He also accused German authorities of failing to do enough to combat what he said was the “Islamism of Europe.”

Nopens, the prosecutor, said the motive may have been “dissatisfaction with the treatment of Saudi refugees in Germany” but investigators are still trying to get to the bottom of what was behind the attack.

“He has at least talked about the motive,” Nopens said. “And we have to clear up how much of that is true.”

Investigators have to analyze computers, mobile devices and other evidence, “and at the end of the day we will know, or at least hope to know, what drove him to this act.”

“We have talked about an attack,” he said. “Whether it was a terror attack, we don’t know yet.”

The violence shocked Germany and the city, bringing its mayor to the verge of tears and marring a festive event that’s part of a centuries-old German tradition. It prompted several other German towns to cancel their weekend Christmas markets as a precaution and out of solidarity with Magdeburg’s loss. Berlin kept its markets open but has increased its police presence at them.

Germany has suffered a string of extremist attacks in recent years, including a knife attack that killed three people and wounded eight at a festival in the western city of Solingen in August.

Those attacks have led cities to beef up security at Christmas markets and other events.

On Friday the suspect used a special escape and rescue route to enter the market, according to Tom-Oliver Langhans, director of the Magdeburg police.

Magdeburg is a city of about 240,000 people, west of Berlin, that serves as Saxony-Anhalt’s capital. Friday’s attack came eight years after an Islamic extremist drove a truck into a crowded Christmas market in Berlin, killing 13 people and injuring many others. The attacker was killed days later in a shootout in Italy.

Chancellor Scholz and Interior Minister Nancy Faeser traveled to Magdeburg on Saturday, and a memorial service is to take place in the city cathedral in the evening. Faeser ordered flags lowered to half-staff at federal buildings across the country.

Verified bystander footage distributed by the German news agency dpa showed the suspect’s arrest at a tram stop in the middle of the road. A nearby police officer pointing a handgun at the man shouted at him as he lay prone, his head arched up slightly. Other officers swarmed around the suspect and took him into custody.

Thi Linh Chi Nguyen, a 34-year-old manicurist from Vietnam whose salon is located in a mall across from the Christmas market, was on the phone during a break when she heard loud bangs and thought at first they were fireworks. She then saw a car drive through the market at high speed. People screamed and a child was thrown into the air by the car.

Shaking as she described the horror of what she witnessed, she recalled seeing the car bursting out of the market and turning right onto Ernst-Reuter-Allee street and then coming to a standstill at the tram stop where the suspect was arrested.

The number of injured people was overwhelming.

“My husband and I helped them for two hours. He ran back home and grabbed as many blankets as he could find because they didn’t have enough to cover the injured people. And it was so cold," she said.

The market itself was still cordoned off Saturday with red-and-white tape and police vans every 50 meters (yards). Police with machine pistols guarded every entry to the market. Some thermal security blankets still lay on the street.

Christmas markets are a German holiday tradition cherished since the Middle Ages, now successfully exported to much of the Western world.

Moulson reported from Berlin and Gera from Warsaw, Poland.