Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, today confirmed its Photon Lunar spacecraft successfully ignited its HyperCurie engine for a fifth time, further carrying NASA’s CAPSTONE satellite toward the Moon.

This fifth burn of the HyperCurie engine has propelled CAPSTONE and Photon deeper into space, successfully raising the spacecraft’s elliptical orbit. With this latest completed orbit-raising maneuver, Rocket Lab’s delivery of CAPSTONE to the Moon on Photon has now passed the half-way point of the mission’s second phase with Photon.

At the end of this mission phase, Photon will accelerate to more than 24,500 mph to break free of Earth’s orbit and deploy CAPSTONE on a ballistic lunar transfer trajectory to the Moon. CAPSTONE will then be controlled by Advanced Space (which owns and operates CAPSTONE on behalf of NASA) to enter an elongated orbit at the Moon called a near rectilinear halo orbit. The final HyperCurie engine ignition on Photon to help set CAPSTONE on its course to the Moon is expected in the coming days.

ABOUT CAPSTONE:

The Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment (CAPSTONE) CubeSat was successfully launched to space on Rocket Lab’s Electron launch vehicle at 09:55 UTC, June 28.

Designed and built by Tyvak Nano-Satellite Systems, a Terran Orbital Corporation, and owned and operated by Advanced Space on behalf of NASA, the Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment (CAPSTONE) CubeSat will be the first spacecraft to test the Near Rectilinear Halo Orbit (NRHO) around the Moon. This is the same orbit intended for NASA’s Gateway, a multipurpose Moon-orbiting station that will provide essential support for long-term astronaut lunar missions as part of the Artemis program.

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+ 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 and the Photon satellite platform and is developing the Neutron 8-ton payload class launch vehicle. 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 147 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 second launch site in Virginia, USA which is expected to become operational in 2022. To learn more, visit www.rocketlabusa.com.

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