Rocket Lab Successfully Launches 61st Electron Mission, Second Launch for iQPS
MAHIA, New Zealand--(BUSINESS WIRE)--Mar 14, 2025--
Rocket Lab USA, Inc. (Nasdaq: RKLB) ('Rocket Lab' or 'the Company'), a global leader in launch services and space systems, today successfully launched its second mission for Japanese customer, the Institute for Q-shu Pioneers of Space, Inc. (iQPS).
This press release features multimedia. View the full release here:
'The Lightning God Reigns' mission lifted-off from Rocket Lab Launch Complex 1 in Mahia, New Zealand at 1:00 p.m. NZDT (00:00 UTC) on March 15, 2025 to successfully deploy iQPS' QPS-SAR-9 spacecraft to a 575km circular Earth orbit. The mission follows Rocket Lab's first launch for the company in December 2023, when Electron deployed another QPS-SAR satellite as part of iQPS' newly established radar imaging constellation.
'The Lightning God Reigns' is the first of eight new launches for iQPS that are scheduled to launch throughout 2025 and 2026 as part of one of the largest Electron launch agreements to date. Five more launches are expected to take place in 2025, with the remaining two scheduled for 2026. Rocket Lab's next mission for iQPS is scheduled to launch no earlier than May 2025.
Each mission has been commissioned to build out iQPS' planned constellation of up to 36 synthetic aperture radar (SAR) satellites. The constellation is capable of imaging the Earth day and night and through any weather, to provide near real-time observation data for almost any location in the world.
Rocket Lab founder and CEO, Sir Peter Beck, says: 'Congratulations to the Rocket Lab and iQPS teams on yet another successful mission together. Every Electron launch in 2025 so far has been to expand a satellite constellation and with this latest mission success, you can see why. Electron provides our customers with total flexibility and control over their schedule, orbit, and other critical mission elements to create their constellation exactly as they need it. We're looking forward to continuing our constellation build out for iQPS this year and next.'
iQPS CEO, Dr. Shunsuke Onishi, says: 'I sincerely appreciate the dedication and hard work of the teams at iQPS and Rocket Lab in making this launch mission a success, and I am truly impressed by the short timeline from QPS-SAR-9's departure from Fukuoka, Japan, through its journey via Mahia Peninsula, to its successful deployment into LEO. As we prepare for the launch of seven more QPS-SARs between this year and next year, I am reassured by the reliability and efficiency of Electron in executing missions like this one.'
Rocket Lab's next mission is scheduled to launch from Rocket Lab Launch Complex 1 in just three days' time on March 18, 2025 NZDT.
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, 2024, 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.
INDUSTRY KEYWORD: TECHNOLOGY RESEARCH PUBLIC RELATIONS/INVESTOR RELATIONS SATELLITE AEROSPACE COMMUNICATIONS MANUFACTURING OTHER SCIENCE SCIENCE
SOURCE: Rocket Lab USA, Inc.
Copyright Business Wire 2025.
PUB: 03/14/2025 10:15 PM/DISC: 03/14/2025 10:17 PM
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