{"id":530296,"date":"2021-08-23T07:03:22","date_gmt":"2021-08-23T11:03:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\/"},"modified":"2021-08-23T07:03:22","modified_gmt":"2021-08-23T11:03:22","slug":"rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\/","title":{"rendered":"Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission<\/b><\/p>\n<p class=\"bwalignc\"><i>The ESCAPADE mission &#8211; led by the University of California Berkeley Space Sciences Laboratory to study Mars\u2019 magnetosphere &#8211; with two Rocket Lab Photon spacecraft has received NASA approval to move toward launch.<\/i><\/p>\n<p>LONG BEACH, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nRocket Lab, a global leader in dedicated launch and space systems, today announced it will begin final mission design and manufacture to supply two interplanetary Photon spacecraft for a science mission to Mars, delivering Decadal-class science at a fraction of the cost of typical planetary missions.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210823005300\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210823005300\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210823005300\/en\/1183896\/4\/Rocket_Lab_Photon_Blue_%26_Gold_ESCAPADE_Mission.jpg\" alt=\"A render of Rocket Lab's Photon spacecraft orbiting Mars for the ESCAPADE mission. (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">A render of Rocket Lab&#8217;s Photon spacecraft orbiting Mars for the ESCAPADE mission. (Photo: Business Wire)<\/p>\n<\/div>\n<p>\nThe Escape and Plasma Acceleration and Dynamics Explorers (ESCAPADE) mission will orbit two Rocket Lab-built Photon spacecraft around Mars to understand the structure, composition, variability, and dynamics of Mars&#8217; unique hybrid magnetosphere. The mission will also support crewed exploration programs like Artemis through improved solar storm prediction.\n<\/p>\n<p>\nESCAPADE is the latest of only three missions proceeding under the current round of NASA\u2019s Small Innovative Missions for Planetary Exploration (SIMPLEX) program to conduct compelling planetary space science with small satellites and provide more opportunities for flight experience to the science community. The ESCAPADE mission, led by principal investigator Robert Lillis at the University of California, Berkeley, is the latest SIMPLEX mission to pass Key Decision Point-C (KDP-C), confirming it for implementation in preparation for launch to Mars in 2024. The ESCAPADE mission is managed by the NASA Science Mission Directorate\u2019s Heliophysics Division and will be the first Heliophysics mission to visit another planet.\n<\/p>\n<p>\nFollowing deployment from a NASA-provided commercial launch vehicle, the pair of Photons will conduct an 11-month interplanetary cruise before inserting themselves into elliptical orbits around Mars to begin the science phase. Both Photons incorporate satellite subsystems developed and manufactured by Rocket Lab, including star trackers, reaction wheels, ranging transceivers for deep space navigation, and in-space propulsion systems. By leveraging vertically-integrated spacecraft manufacturing, the ESCAPADE mission will be delivered at a fraction of the cost of traditional planetary missions. This supports U.S. national strategy for Decadal-class science by increasing the pace of scientific discovery and more sustainable crewed exploration by improving our understanding of the space environment.\n<\/p>\n<p>\nRocket Lab\u2019s founder and CEO, Peter Beck, says \u201cESCAPADE is an innovative mission that demonstrates that advanced interplanetary science is now within reach for a fraction of traditional costs, and we\u2019re proud to make it possible with Photon,\u201d he said. \u201cPassing the Key Decision Point is a critical milestone in ESCAPADE\u2019s development and is testament to the world-class science and engineering work of the UC Berkeley and Rocket Lab teams. We are delighted to receive the green light from NASA to proceed to flight.\u201d\n<\/p>\n<p>\nESCAPADE is one of several missions beyond Earth orbit currently under development by Rocket Lab using the Photon spacecraft, including the CAPSTONE mission to the Moon in support of NASA\u2019s Artemis program and Rocket Lab\u2019s own privately-funded science mission to Venus.\n<\/p>\n<p><b>Images and video content:<br \/>\n<br \/><\/b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rocketlabusa.com%2Fnews%2Fupdates%2Flink-to-rocket-lab-imagery-and-video&amp;esheet=52480366&amp;newsitemid=20210823005300&amp;lan=en-US&amp;anchor=www.rocketlabusa.com%2Fnews%2Fupdates%2Flink-to-rocket-lab-imagery-and-video&amp;index=1&amp;md5=27ba28f7d17928497f4c40ae0592a04f\">www.rocketlabusa.com\/news\/updates\/link-to-rocket-lab-imagery-and-video<\/a><\/p>\n<p><b>About Rocket Lab:<\/b><\/p>\n<p>\nRocket Lab is a global leader in space, building rockets and spacecraft that make it easier to get to orbit and to do amazing things there. Founded in 2006, Rocket Lab provides end-to-end mission services that provide frequent and reliable access to space for civil, defense, and commercial markets. Headquartered in Long Beach, California, Rocket Lab designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab\u2019s Electron launch vehicle is the second most frequently launched U.S. rocket annually and has delivered more than 100 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 and Vector Acquisition Corporation (Nasdaq: VACQ), a publicly-traded special purpose acquisition company, announced a proposed business combination in the first quarter of 2021 (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbwnews.pr%2F3yBYYzd&amp;esheet=52480366&amp;newsitemid=20210823005300&amp;lan=en-US&amp;anchor=https%3A%2F%2Fbwnews.pr%2F3yBYYzd&amp;index=2&amp;md5=18c118d69fe2b429238a5a03c601143f\">https:\/\/bwnews.pr\/3yBYYzd<\/a>). Vector\u2019s shareholders voted to approve its proposed merger with Rocket Lab USA, Inc. at its annual general meeting of shareholders held on August 20, 2021. The merger is scheduled to close on August 25, 2021, and the common stock and warrants of the combined company, which will be renamed &#8220;Rocket Lab USA, Inc.&#8221;, are set to commence trading on the Nasdaq Capital Market on August 25, 2021, under the new ticker symbols, \u201cRKLB\u201d and \u201cRKLBW\u201d, respectively.\n<\/p>\n<p><b>Forward-Looking Statements <\/b><\/p>\n<p>\nThis press release may contain certain \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, including statements regarding Vector\u2019s, Rocket Lab\u2019s or their respective management teams\u2019 expectations, hopes, beliefs, intentions or strategies regarding the future. The words \u201canticipate\u201d, \u201cbelieve\u201d, \u201ccontinue\u201d, \u201ccould\u201d, \u201cestimate\u201d, \u201cexpect\u201d, \u201cintends\u201d, \u201cmay\u201d, \u201cmight\u201d, \u201cplan\u201d, \u201cpossible\u201d, \u201cpotential\u201d, \u201cpredict\u201d, \u201cproject\u201d, \u201cshould\u201d, \u201cwould\u201d and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Rocket Lab\u2019s current expectations and beliefs concerning future developments and their potential effects. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the risk that the proposed transaction with Vector may not be completed in a timely manner or at all, (ii) the failure to satisfy the conditions to the consummation of the proposed transaction with Vector, including the adoption of the merger agreement governing the proposed transaction by Vector\u2019s shareholders, and (iii) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement. There can be no assurance that the future developments affecting Rocket Lab will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond Rocket Lab\u2019s control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Except as required by law, Rocket Lab is not undertaking any obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210823005300r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210823005300\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210823005300\/en\/<\/a><\/span><\/p>\n<p><b>Rocket Lab Media Contact:<br \/>\n<\/b><br \/>Murielle Baker | +6427 538 9040<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:media@rocketlabusa.com\">media@rocketlabusa.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Engineering Satellite Technology Aerospace Manufacturing Research Science<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210823005300\/en\/1183894\/3\/Rocket_Lab_Logo_Inverted_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210823005300\/en\/1183896\/3\/Rocket_Lab_Photon_Blue_%26_Gold_ESCAPADE_Mission.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">A render of Rocket Lab&#8217;s Photon spacecraft orbiting Mars for the ESCAPADE mission. (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission The ESCAPADE mission &#8211; led by the University of California Berkeley Space Sciences Laboratory to study Mars\u2019 magnetosphere &#8211; with two Rocket Lab Photon spacecraft has received NASA approval to move toward launch. LONG BEACH, Calif.&#8211;(BUSINESS WIRE)&#8211; Rocket Lab, a global leader in dedicated launch and space systems, today announced it will begin final mission design and manufacture to supply two interplanetary Photon spacecraft for a science mission to Mars, delivering Decadal-class science at a fraction of the cost of typical planetary missions. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210823005300\/en\/ A render of Rocket Lab&#8217;s Photon spacecraft orbiting Mars for the ESCAPADE &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-530296","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission The ESCAPADE mission &#8211; led by the University of California Berkeley Space Sciences Laboratory to study Mars\u2019 magnetosphere &#8211; with two Rocket Lab Photon spacecraft has received NASA approval to move toward launch. LONG BEACH, Calif.&#8211;(BUSINESS WIRE)&#8211; Rocket Lab, a global leader in dedicated launch and space systems, today announced it will begin final mission design and manufacture to supply two interplanetary Photon spacecraft for a science mission to Mars, delivering Decadal-class science at a fraction of the cost of typical planetary missions. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210823005300\/en\/ A render of Rocket Lab&#8217;s Photon spacecraft orbiting Mars for the ESCAPADE &hellip; Continue reading &quot;Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-23T11:03:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20210823005300\/en\/1183896\/4\/Rocket_Lab_Photon_Blue_%26_Gold_ESCAPADE_Mission.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission\",\"datePublished\":\"2021-08-23T11:03:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\\\/\"},\"wordCount\":1129,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20210823005300\\\/en\\\/1183896\\\/4\\\/Rocket_Lab_Photon_Blue_%26_Gold_ESCAPADE_Mission.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\\\/\",\"name\":\"Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission - 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LONG BEACH, Calif.&#8211;(BUSINESS WIRE)&#8211; Rocket Lab, a global leader in dedicated launch and space systems, today announced it will begin final mission design and manufacture to supply two interplanetary Photon spacecraft for a science mission to Mars, delivering Decadal-class science at a fraction of the cost of typical planetary missions. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210823005300\/en\/ A render of Rocket Lab&#8217;s Photon spacecraft orbiting Mars for the ESCAPADE &hellip; Continue reading \"Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\/","og_site_name":"Market Newsdesk","article_published_time":"2021-08-23T11:03:22+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20210823005300\/en\/1183896\/4\/Rocket_Lab_Photon_Blue_%26_Gold_ESCAPADE_Mission.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission","datePublished":"2021-08-23T11:03:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\/"},"wordCount":1129,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20210823005300\/en\/1183896\/4\/Rocket_Lab_Photon_Blue_%26_Gold_ESCAPADE_Mission.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-lab-spacecraft-confirmed-for-mars-as-nasa-greenlights-escapade-small-satellite-interplanetary-mission\/","name":"Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission - 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