Rocket Lab Awarded $14m in Contracts to Supply Satellite Separation Systems for Space Development Agency’s Tranche 1 Transport Layer
Rocket Lab USA, Inc. (Nasdaq: RKLB) (Rocket Lab or the Company), a leading launch and space systems company, has been awarded two contracts worth a total of $14 million to provide satellite separation systems for Space Development Agencys (SDA) Tranche 1 Transport Layer (T1TL) satellites.
- Rocket Lab USA, Inc. (Nasdaq: RKLB) (Rocket Lab or the Company), a leading launch and space systems company, has been awarded two contracts worth a total of $14 million to provide satellite separation systems for Space Development Agencys (SDA) Tranche 1 Transport Layer (T1TL) satellites.
- Rocket Lab will supply more than 80 total Lightband Separation Systems (Lightbands) to prime contractor Lockheed Martin and another an undisclosed customer, both of whom are manufacturing satellites for the SDAs Tranche 1 Transport Layer.
- Lightbands are separation systems that are used to attach satellites to rockets and release them in space once the rocket reaches its intended orbit.
- Rocket Labs separation systems were designed by Planetary Systems Corp, which was acquired by the Company in 2021, and have a 100% mission success rate across more than 140 missions.