Rocket Lab to launch seventh StriX satellite for Synspective

LONG BEACH, Calif. - Rocket Lab Corporation (NASDAQ:RKLB), whose stock has surged over 470% in the past year according to InvestingPro data, announced Monday that it will launch the seventh StriX satellite for Japanese company Synspective on October 14 UTC from its Launch Complex 1 in New Zealand.

The mission, named "Owl New World," will deploy the first of Synspective’s new generation of Synthetic Aperture Radar (SAR) satellites, which provide Earth observation data for disaster response, national security, and environmental monitoring.

This launch marks Rocket Lab’s seventh mission for Synspective and is part of a series of 21 upcoming launches to complete Synspective’s Earth-imaging constellation by the end of the decade. Rocket Lab has been the sole launch provider for the StriX constellation to date.

The upcoming mission will be Rocket Lab’s 15th launch in 2025 and 73rd overall. The company reports maintaining 100% mission success across all launches this year and projects more than 20 launches by year-end.

Rocket Lab’s Electron rocket, which will carry the StriX satellite, is described in the company’s press release as "the world’s most frequently launched commercial small orbital rocket."

The launch window opens at 16:30 UTC on October 14, corresponding to 5:30 am NZDT on October 15 in New Zealand and 12:30 pm ET on October 14 in the United States.

Rocket Lab Corporation provides launch services, spacecraft, and satellite components for commercial, government, and national security markets. While the company maintains a healthy liquidity position with a current ratio of 2.67, InvestingPro analysis suggests the stock is currently trading above its Fair Value. Investors can access 15 additional ProTips and comprehensive financial analysis through InvestingPro’s detailed research reports, available for over 1,400 US stocks including RKLB.

In other recent news, Rocket Lab USA has announced several significant developments. The company secured a second multi-launch agreement with Japanese satellite firm Synspective for 10 additional dedicated Electron launches, bringing the total planned missions to 21. This marks the largest order of dedicated Electron launches from a single customer. In a separate announcement, Rocket Lab delivered two identical spacecraft to Kennedy Space Center for NASA’s ESCAPADE mission, aimed at studying solar wind interactions with Mars’ magnetosphere. Additionally, Rocket Lab launched a $750 million at-the-market offering program to sell common stock, partnering with several investment banks as sales agents. Meanwhile, Veeco Instruments Inc. launched its new Lumina+ metal-organic chemical vapor deposition system, with Rocket Lab securing the first multi-tool order. This purchase supports Rocket Lab’s project to expand production capacity for space-grade solar cells under the Department of Commerce’s CHIPS and Science Act. These developments highlight Rocket Lab’s ongoing efforts to expand its launch capabilities and support space technology advancements.

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