Rocket Lab (NASDAQ:RKLB) said on Monday that it has secured a second multi-launch contract with Synspective, a Synthetic Aperture Radar satellite data and analytics company from Japan.
The new contract for a further 10 dedicated Electron launches brings the total number of upcoming Synspective missions to 21—marking the largest order of dedicated Electron missions with a single customer to date.
This latest contract secures the launch of 21 StriX SAR satellites across multiple missions through to the end of the decade.
Rocket Lab has been Synspective’s sole launch provider to-date, successfully deploying six StriX satellites across six dedicated launches from Rocket Lab Launch Complex 1 in New Zealand.
The next 21 Synspective launches will take place from the same launch site, with Rocket Lab’s schedule flexibility.
Rocket Lab (NASDAQ:RKLB) shares were up more than 2% in post-market trading.
