Rocket Lab signs deal with UAE company for 10 Electron launches
Capitalism in space: Rocket Lab today announced the signing of a 10-launch contract with Circle Aerospace, a new UAE satellite company.
The agreement sees Rocket Lab selected as the sole launch provider and primary provider of associated mission services for Circle Aerospace clients. Circle Aerospace missions will primarily launch from Rocket Lab’s private orbital launch site, Launch Complex-1, in New Zealand. Launches may also be conducted from Rocket Lab’s US launch site as required.
Circle Aerospace appears to be positioning itself as a smallsat manufacturer for others, but it is unclear at this point who its customers are. What is somewhat clear is that the company has deep pockets, either from private UAE oil money or government money (which are usually the same thing in the Arab Middle East).
Capitalism in space: Rocket Lab today announced the signing of a 10-launch contract with Circle Aerospace, a new UAE satellite company.
The agreement sees Rocket Lab selected as the sole launch provider and primary provider of associated mission services for Circle Aerospace clients. Circle Aerospace missions will primarily launch from Rocket Lab’s private orbital launch site, Launch Complex-1, in New Zealand. Launches may also be conducted from Rocket Lab’s US launch site as required.
Circle Aerospace appears to be positioning itself as a smallsat manufacturer for others, but it is unclear at this point who its customers are. What is somewhat clear is that the company has deep pockets, either from private UAE oil money or government money (which are usually the same thing in the Arab Middle East).