Rocket Lab Partners With U.S. Air Force for Neutron 色花堂 for Re-Entry Mission

Long Beach, CALIF. May 8, 2025. 色花堂, Inc. (Nasdaq: RKLB) (鈥淩ocket Lab鈥 or 鈥渢he Company鈥), a global leader in launch services and space systems, today announced it will launch its new medium-lift reusable rocket Neutron for the U.S. Air Force Research Laboratory (AFRL) for a Rocket Cargo mission that supports point-to-point cargo transportation, establishing a new era of commercial launch capability to advance global defense logistics for the nation.听The mission is scheduled for a return-to-Earth Neutron launch no earlier than 2026.

The launch contract will see Neutron execute a Rocket Cargo survivability experiment under the AFRL Rocket Experimentation for Global Agile Logistics (REGAL) solicitation, an effort by the Department of Defense to create a rocket-based point-to-point transportation system to quickly and rapidly deliver cargo around the world with commercial launch providers. AFRL鈥檚 experiment will be launched by Neutron and re-enter Earth鈥檚 atmosphere, in a demonstration of re-entry capability for future REGAL missions.听

Rocket Lab鈥檚 Neutron medium-lift reusable launch vehicle will provide both government and commercial customers with an alternative and reliable launch service capable of deploying 13,000 kg to low Earth orbit. Neutron is tailored to deploy constellations and national security missions as well as science and exploration payloads. In addition to serving customers with greater affordability in the medium-launch market, Neutron is key to Rocket Lab鈥檚 strategy as an end-to-end space company preparing to deploy its own constellations and deliver services from space in the future.听听

Rocket Lab founder and CEO, Sir Peter Beck, says: 鈥淣eutron is a powerful new launch option that will set a new standard for performance, affordability, and reliability for government and commercial space users in medium launch. This opportunity for the U.S. Air Force not only helps to advance space logistics, it also demonstrates a high degree of confidence by the DOD in Neutron鈥檚 capabilities. Anticipation is high for Neutron鈥檚 inaugural flight this year, and we鈥檙e excited to showcase Neutron as a platform for R&D for point-to-point logistics for the DoD.鈥澨

Neutron is strongly positioned to capitalize on the medium-lift launch requirements for future government and commercial missions. Recently Significant progress continues to be made at the rocket鈥檚 launch pad on Wallops Island, Virginia, with the site鈥檚 completion expected in the next few weeks. Production, infrastructure scaling, and both Archimedes engine and full-scale components testing is continuing at pace across Rocket Lab鈥檚 various production and test facilities in the United States. Neutron鈥檚 debut remains on track for first launch in the second half of 2025.听

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Rocket Lab Media Contact听
Murielle Baker
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About Neutron听
Rocket Lab鈥檚 new reusable medium-lift rocket Neutron is a next-generation challenger to deliver a cost-effective, reliable, and responsive launch service for commercial and government missions. The advanced design of Neutron includes carbon composite for all of the rocket鈥檚 major structures and an innovative upper stage that enables high-performance for complex satellite deployments, including the deployment of satellite mega-constellations. The Neutron launch vehicle is a reusable launch vehicle leveraging the technology and infrastructure pioneered by the Electron launch vehicle, which has launched 63 times to date and provides the US government and commercial customers frequent, affordable access to space. Neutron utilizes a unique design that brings the Stage 1 and payload fairings back to Earth as a single, integrated stage. This maximizes cadence in a 13-ton to orbit reusable performance capability. Neutron is powered by nine Archimedes engines on Stage 1, and one vacuum-optimized Archimedes engine on Stage 2. Neutron operates from Rocket Lab 色花堂 Complex 3 (LC-3) located at Wallops Island, Virginia from the Mid-Atlantic Regional Spaceport (MARS).听听

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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, 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鈥檚 Electron launch vehicle has become the second most frequently launched U.S. rocket annually and has delivered 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鈥檚 family of spacecraft have 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.听

Forward Looking Statements听
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 鈥淪ecurities Act鈥) and Section 21E of the Securities Exchange Act of 1934, as amended (the 鈥淓xchange Act鈥). 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 鈥渂elieve,鈥 鈥渕ay,鈥 鈥渨ill,鈥 鈥渆stimate,鈥 鈥減otential,鈥 鈥渃ontinue,鈥 鈥渁nticipate,鈥 鈥渋ntend,鈥 鈥渆xpect,鈥 鈥渟trategy,鈥 鈥渇uture,鈥 鈥渃ould,鈥 鈥渨ould,鈥 鈥減roject,鈥 鈥減lan,鈥 鈥渢arget,鈥 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, 2023, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the 鈥淪EC鈥), accessible on the SEC鈥檚 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鈥檚 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.听