Rocket Lab Successfully Deploys 34 Satellites and Catches Rocket Booster Returning from Space with Helicopter

Electron launches on May 3, 2022. (Credit: Rocket Lab)

LONG BEACH, Calif., May 2, 2022 (Rocket Lab PR) — Rocket Lab (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, has successfully launched its 26th Electron mission, deploying 34 satellites to orbit. Rocket Lab has now deployed a total of 146 satellites to orbit with the Electron launch vehicle.

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Rocket Lab to Attempt First Mid-Air Helicopter Capture of the Electron Rocket During Next Mission

Rocket Lab’s Sikorsky S-92 helicopter arrives in preparation for first Electron mid-air capture attempt (Credit: Business Wire)

For the first time, Rocket Lab will attempt a mid-air helicopter capture of an Electron rocket as it returns to Earth from space, furthering the company’s program to make Electron the first reusable orbital small launch vehicle

LONG BEACH, Calif. (Rocket Lab PR) — Rocket Lab USA, Inc (Nasdaq: RKLB) (“Rocket Lab”), a leading launch and space systems company, has announced today that during its next Electron launch, a commercial rideshare mission currently scheduled in April 2022, the company will attempt a mid-air helicopter capture of the Electron launch vehicle for the first time.

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Hat-trick for Exolaunch with SpaceX Transporter Missions

  • Exolaunch’s Most Technologically and Geographically Diverse Mission of Smallsats Launched via SpaceX’s Transporter-3 Rideshare Mission
  • Company Completed International Launch Campaign for 29 Satellites, Including Microsatellites, Cubesats up to 16U and PocketQubes
  • New and Returning Customers from Four Continents and Seventeen Countries

CAPE CANAVERAL, Fla., & BERLIN, Germany, January 27, 2022 (Exolaunch PR) – In its third dedicated rideshare mission with SpaceX, Exolaunch, the leading global provider of launch, in-space logistics and deployment services, successfully integrated and launched 29 small satellites from customers across the globe. The company’s rideshare clusters aboard the SpaceX  Transporter-3 mission were an amalgamation of microsats, cubesats (up to 16U) and PocketQubes. The combination of customers from 17 countries across four continents, and an unprecedented number of very sophisticated payloads made it the most technologically rich and geographically spread integration effort for the company yet.

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Rocket Lab Announces Third Quarter 2021 Financial Results, Issues Guidance for Fourth Quarter

Electron launches with OHB satellite. (Credit: Rocket Lab webcast)

Q3 2021 Financial Results Highlights

  • Revenue above high end of prior guidance range at $5.3 million
  • Backlog increased from $141 million at June 30, 2021 to $183 million as of September 30, 2021, and currently stands at $237 million as of November 15, 2021
  • Space Systems revenue in the third quarter 2021 grew 360% over the same quarterly period in 2020 to represent 27% of total revenue for the nine months ended September 30, 2021
  • Successfully completed the merger with Vector Acquisition Corporation resulting in ending cash balance at September 30, 2021 of $792.7 million

Q4 2021 Guidance

  • Revenue to range between $23 million to $25 million
  • GAAP and non-GAAP gross margins of 13 percent and 27 percent, respectively
  • GAAP and non-GAAP operating expenses between $24 million to $26 million, and $19 million to $21 million, respectively
  • GAAP Net Loss between $24 million and $26 million, and Adjusted EBITDA loss of $9 million to $11 million, which reflects adjustments for stock-based compensation, 3rd party fees associated with M&A activity, depreciation and amortization, FX gains and losses, interest expense, taxes and other recurring and non-recurring items
  • All of the above exclude any warrant expense impacts from the public and private warrants assumed from the Vector Acquisition Corporation merger that closed on August 25, 2021, and also excludes any impacts from the Advance Solutions Inc. acquisition and related purchase price accounting, and excludes any financial contributions and accounting impacts from the pending Planetary Systems Corporation acquisition announced today

LONG BEACH, Calif. (Rocket Lab PR) — Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced financial results for its fiscal third quarter ended September 30, 2021.

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Rocket Lab to Launch Four PocketQube Satellites for Alba Orbital

Electron launches with 10 satellites on Oct. 29, 2020. (Credit: Rocket Lab webcast)

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

LONG BEACH, Calif., August 18, 2021 (Rocket Lab PR) – 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. 

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Alba Orbital Raises $3.4 Million in Seed Round from Founders of Skype & Fitbit

GLASGOW, Scotland (Alba Orbital PR) — Alba Orbital is pleased to announce we have closed our Seed round to accelerate our mission to image everywhere on earth every 15 minutes.

The round was led by Metaplanet Holdings and included Y Combinator, Liquid2, Soma, Uncommon Denominator, Zillionize and a number of angel investors

To date Alba Orbital has launched 6 satellites, more than all the other Y Combinator companies combined, with another 9 integrated and ready to launch in a few months.

‘We are thrilled to have closed our first external investment round, which was so popular we could have filled two or three times over. We are excited to kick on and start building out our fleet at scale, starting with our 11 satellite constellation for night time imagery’.

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Momentus and Alba Orbital Sign Contract for Up To 10 PocketQubes

SANTA CLARA, Calif. (Momentus PR) — Momentus, provider of in-space transportation services for satellites, and  Alba Orbital, builder and designer of the world’s smallest commercial satellite platforms, today announced a contract for three Alba Albapods to ride on plaza deck of the Falcon 9 vehicle, which will launch in December 2020 from Kennedy Space Center in Cape Canaveral.

Alba Orbital is actively working with customers to launch clusters to their mission requirements via PocketQube deployers suitable for 1p, 1.5p, 2p or 3p PocketQube format satellites. A PocketQube is a type of miniaturized satellite for space research that usually has a size of 5 cm cubed (one eighth the volume of a CubeSat), has a mass of no more than 250 grams per unit or ‘p’.

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Rocket Lab Launches Satellites, Tests Next-Gen Reusable Booster

Electron booster blasts into space. (Credit: Rocket Lab)

by Douglas Messier
Managing Editor

A Rocket Lab next-generation Electron rocket blasted off from New Zealand on Friday, placing seven small satellites into Earth orbit and conducting the first test of a new reusable first stage.

The Electron’s 10th launch, nicknamed “Running Out of Fingers,” included six PocketQube micro-satellites measuring a mere 5 cm built by Alba Orbital. A seventh satellite built by a Japanese company will release particles that will create an artificial meteor shower.

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Vector to Conduct Dedicated Launch of Alba Orbital PocketQube Satellites on First Orbital Attempt

TUCSON, Ariz., March 8, 2018 (Vector PR) — Vector, a nanosatellite launch company comprised of new-space and enterprise software industry veterans from SpaceX, Virgin Galactic, McDonnell Douglas, Boeing, Sea Launch and VMware, today announced it will conduct a dedicated launch of two PocketQube satellites using an Alba Orbital deployer (AlbaPOD) on the Vector-R launch vehicle later this year from the Pacific Spaceport Complex – Alaska (PSCA) in Kodiak.

Alba Orbital, a manufacturer of PocketQube satellites, will launch the Unicorn-2a satellite platform and a satellite developed by Delft University of Technology, Delfi-PQ1. The launch itself marks a historic moment for both Vector and Alba Orbital as its first orbital launch attempt and the world’s first PocketQube dedicated launch.

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Alba Orbital Announces Off-the-Shelf CubeSat Solar Panels

DHV PQ solar panel.
DHV PQ solar panel.

GLASGOW, Scotland (Alba Orbital PR) — Alba Orbital Ltd (PocketQube Shop) announced today the addition of the DHV Technology PocketQube Solar Panel product to its online satellite shop. The Solar Panels are the first off the shelf power subsystem to be developed for the new PocketQube Standard.

The PocketQube Solar panels are available in a number of configuration including 1p, 2p and 3p. They leverage flight heritage gained from the Unisat-6 Microsatellite which launched earlier this year using DHV Solar panels. Panels can be tailored to different structures on request.

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