Launching on Electron in Q4 2021, the mission
will deploy a range of pocket-sized satellites designed to
demonstrate innovative radio and night-time Earth observation
technologies
Rocket Lab, a leading launch provider and space systems company,
today announced it has signed a rideshare agreement with Scottish /
American PocketQube satellite manufacturer, Alba Orbital, to launch
a cluster of small satellites designed to demonstrate innovative
radio and night-time Earth observation technologies.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210818005379/en/
Alba Orbital Team in Rocket Lab Payload
Integration Cleanroom at Launch Complex 1 (Photo: Business
Wire)
The four pico-satellites in Alba Orbital’s cluster will fly as
part of a rideshare mission on Rocket Lab’s Electron launch
vehicle, lifting-off from Launch Complex 1 on New Zealand’s Mahia
Peninsula in Q4, 2021. The cluster includes Alba Orbital’s own
Unicorn-2 PocketQube satellites, as well as the TRSI-2, TRSI-3, and
MyRadar-1 satellites for Alba Orbital’s customers. Each small
satellite carries a unique sensor designed to demonstrate
innovative technologies on orbit.
Unicorn-2 will be carrying an optical night-time imaging payload
designed to monitor light pollution across the globe. Night-time
satellite imagery, otherwise known as ‘Night Lights’ data, provides
crucial insights into human activities. This data enables a host of
applications such as tracking urbanization and socioeconomic
dynamics, evaluating conflict and disasters, investigating
fisheries, assessing greenhouse gas emissions and energy use, and
analyzing light pollution and health effects.
All four PocketQubes will be deployed to a circular orbit by
Electron’s Kick Stage, a nimble spacecraft that provides in-space
propulsion and maneuvering capability to ensure each satellite is
deployed to a precise and unique orbit defined by the customer.
“We’re delighted to be Alba Orbital’s mission partner once
again,” said Rocket Lab Founder and Chief Executive, Peter Beck.
“The Alba Orbital team have proven that incredibly small satellites
can be highly capable and deliver tangible insights and services
back down to Earth at a fraction of traditional satellite costs.
Making it faster, easier and more affordable to access space is a
mission we share, so we’re excited to make it possible with
Electron.”
“It’s a pleasure to be working with Rocket Lab again on this
exciting mission,'' said Tom Walkinshaw, CEO and Founder of Alba
Orbital. “We successfully flew six satellites on board Rocket Lab’s
‘Running Out of Fingers’ flight in 2019, and we are thrilled to
launch the first of our imaging constellation dedicated to imaging
the Earth at night on board the Electron rocket. From day one, Alba
Orbital’s mission has always been to democratize access to space,
and Rocket Lab has demonstrated that they are whole-heartedly
committed to the same vision.”
The Alba cluster joins this mission alongside AuroraSat-1 from
Aurora Propulsion Technologies, a Finnish company dedicated to the
sustainable use of space. The mission is one of many scheduled to
lift off on Electron from Launch Complex 1 this year, including
three back-to-back dedicated launches for BlackSky Global, and the
CAPSTONE mission to the Moon in support of NASA’s Artemis
program.
About Rocket Lab:
Rocket Lab is a global leader in space, building rockets and
spacecraft that make it easier to get to orbit and to do amazing
things there. Founded in 2006, Rocket Lab provides end-to-end
mission services that provide frequent and reliable access to space
for civil, defense, and commercial markets. Headquartered in Long
Beach, California, Rocket Lab designs and manufactures the Electron
and Neutron launch vehicles and Photon satellite platform. Rocket
Lab’s Electron launch vehicle is the second most frequently
launched U.S. rocket annually and has delivered more than 100
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 and Vector Acquisition Corporation
(Nasdaq: VACQ), a publicly-traded special purpose acquisition
company, announced a proposed business combination in the first
quarter of 2021 (https://bwnews.pr/3yBYYzd). The transaction is
expected to be completed in the third quarter of 2021. Upon
closing, the combined company is expected to remain listed on the
Nasdaq with its common stock and warrants trading under the new
ticker symbols, “RKLB” and “RKLBW”, respectively.
About Alba Orbital:
Alba Orbital (UK, USA, Germany) is the world’s leading
PocketQube satellite manufacturer and launch broker. Alba is a
vertically integrated NewSpace company ‘democratising access to
space’, providing turnkey solutions from advanced pico-satellite
platforms, low-cost launch opportunities, ground station services
and Earth observation data. Alba has worked with over 25 customers
across three continents, including prestigious clients such as
Stanford University, Carnegie Mellon University and TU Delft. For
more information visit www.albaorbital.com or get in touch at
contact@albaorbital.com.
Additional Information
This press release relates to a proposed transaction between
Rocket Lab USA, Inc. (“Rocket Lab”) and Vector Acquisition
Corporation (“Vector”). This press release does not constitute an
offer to sell or exchange, or the solicitation of an offer to buy
or exchange, any securities, nor shall there be any sale of
securities in any jurisdiction in which such offer, sale or
exchange would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. Vector and
Rocket Lab filed a registration statement on Form S-4 with the U.S.
Securities and Exchange Commission (the “SEC”), which includes a
document that serves as a joint prospectus and proxy statement,
referred to as a proxy statement/prospectus. The proxy
statement/prospectus has been sent to all Rocket Lab and Vector
shareholders. Rocket Lab and Vector will also file other documents
regarding the proposed transaction with the SEC. Before making any
voting decision, investors and security holders of Rocket Lab and
Vector are urged to read the registration statement, the proxy
statement/prospectus and all other relevant documents filed or that
will be filed with the SEC in connection with the proposed
transaction as they become available because they will contain
important information about the proposed transaction.
Investors and security holders will be able to obtain free
copies of the registration statement, the proxy
statement/prospectus and all other relevant documents filed or that
will be filed with the SEC by Rocket Lab and Vector through the
website maintained by the SEC at www.sec.gov.
The documents filed by Vector with the SEC also may be obtained
free of charge upon written request to Vector Acquisition
Corporation, One Market Street, Steuart Tower, 23rd Floor, San
Francisco, CA 94105. The documents filed by Rocket Lab with the SEC
also may be obtained free of charge upon written request to Rocket
Lab USA, Inc., 3881 McGowen Street, Long Beach, CA 90808.
Participants in the Solicitation
Rocket Lab, Vector and their respective directors and executive
officers may be deemed to be participants in the solicitation of
proxies from Vector’s shareholders in connection with the proposed
transaction. A list of the names of such directors, executive
officers, other members of management, and employees, and
information regarding their interests in the proposed transaction
are contained in Vector’s filings with the SEC, including Vector’s
Annual Report on Form 10-K for the year ended December 31, 2020,
filed with the SEC on March 30, 2021, as amended by Amendment No. 1
on May 3, 2021, certain of its Current Reports filed on Form 8-K
and the definitive proxy statement/prospectus relating to the
proposed transaction filed on July 22, 2021, and such information
and names of Rocket Lab’s directors and executive officers is in
the definitive proxy statement/prospectus relating to the proposed
transaction filed on July 22, 2021. Additional information
regarding the interests of such potential participants in the
solicitation process are included in the registration statement
(and included in the proxy statement/prospectus) and other relevant
documents when they are filed with the SEC.
Forward-Looking Statements
This press release may contain certain “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995, Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities and Exchange Act of
1934, as amended, including statements regarding Vector’s, Rocket
Lab’s or their respective management teams’ expectations, hopes,
beliefs, intentions or strategies regarding the future. The words
“anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”,
“intends”, “may”, “might”, “plan”, “possible”, “potential”,
“predict”, “project”, “should”, “would” and similar expressions may
identify forward-looking statements, but the absence of these words
does not mean that a statement is not forward-looking. These
forward-looking statements are based on Rocket Lab’s current
expectations and beliefs concerning future developments and their
potential effects. Many factors could cause actual future events to
differ materially from the forward-looking statements in this press
release, including but not limited to: (i) the risk that the
proposed transaction with Vector may not be completed in a timely
manner or at all, (ii) the failure to satisfy the conditions to the
consummation of the proposed transaction with Vector, including the
adoption of the merger agreement governing the proposed transaction
by Vector’s shareholders, and (iii) the occurrence of any event,
change or other circumstance that could give rise to the
termination of the merger agreement. There can be no assurance that
the future developments affecting Rocket Lab will be those that we
have anticipated. These forward-looking statements involve a number
of risks, uncertainties (some of which are beyond Rocket Lab’s
control) or other assumptions that may cause actual results or
performance to be materially different from those expressed or
implied by these forward-looking statements. Except as required by
law, Rocket Lab is not undertaking any obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20210818005379/en/
Rocket Lab Media Contact: Morgan Bailey | (+64) 27 538
9039 | media@rocketlabusa.com
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