Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has signed a dedicated launch contract with Astroscale Japan Inc. (“Astroscale Japan”), a subsidiary of Astroscale Holdings Inc. (“Astroscale”), a market leader in satellite servicing and long-term orbital sustainability. Scheduled for lift-off from Rocket Lab Launch Complex 1 in 2023, the Electron rocket will launch the Active Debris Removal by Astroscale-Japan (ADRAS-J) satellite, which has been selected by the Japan Aerospace Exploration Agency (JAXA) for Phase I of its Commercial Removal of Debris Demonstration Project (CRD2), one of the world’s first technology demonstrations of removing large-scale debris from orbit.

Once deployed to a precise orbit by Electron’s Kick Stage, the ADRAS-J satellite is designed to rendezvous with a piece of orbital debris, a long abandoned upper stage rocket body. ADRAS-J aims to demonstrate proximity operations and obtain images of the rocket body, delivering observational data to better understand the debris environment. A planned second phase of the mission, which has yet to be competed, intends to demonstrate the de-orbit of the debris.

“The ability to actively remove satellites and debris from orbit at the end of their operational life will likely play a key role in ensuring a sustainable space environment for the future, so we’re delighted to enable Astroscale to demonstrate new and innovative solutions in this field,” said Rocket Lab Founder and Chief Executive Officer, Peter Beck. “Rendezvousing with a piece of debris on orbit, travelling at around 27,000 km per hour, is a highly complex task that requires absolute precision when it comes to orbital deployment. Electron’s Kick Stage has demonstrated this precision across 18 missions, providing in-space transportation to place our customers’ satellites exactly where they need to go.”

“Reliable and commercially viable launch vehicles like Rocket Lab’s Electron rocket enable frequent and flexible access to space, allowing us to advance our on-orbit services which are fundamental to the growth of the space infrastructure and economy,” said Nobu Okada, Founder and CEO of Astroscale. “Rocket Lab and Astroscale have become leaders in our respective markets and I am thrilled to collaborate on ADRAS-J, a ground breaking mission that will shape the technologies and policies needed to drive space sustainability forward.”

A visualization of the ADRAS-J mission can be viewed here: https://youtu.be/5u_X33krhHY

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, spacecraft components, satellites and other spacecraft 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 105 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, one of which is currently operational, and a second launch site in Virginia, USA which is expected to become operational by the end of 2021. To learn more, visit www.rocketlabusa.com.

About Astroscale

Astroscale is the first private company with a vision to secure the safe and sustainable development of space for the benefit of future generations, and the only company solely dedicated to on-orbit servicing across all orbits. Founded in 2013, Astroscale is developing innovative and scalable solutions across the spectrum of on-orbit servicing missions, including life extension, in-situ space situational awareness, end-of-life services, and active debris removal, to create sustainable space systems and mitigate the growing and hazardous buildup of debris in space. Astroscale is also defining business cases and working with government and commercial stakeholders to develop norms, regulations, and incentives for the responsible use of space. Headquartered in Japan, Astroscale has an international presence with subsidiaries in the United Kingdom, the United States, Israel, and Singapore. Astroscale is a rapidly expanding venture company, working to advance safe and sustainable growth in space and solve a growing environmental concern. Find out more about Astroscale at www.astroscale.com.