SpaceX and Rocket Lab complete two launches overnight

Though one SpaceX launch early last night had a launch abort, both SpaceX and Rocket Lab completed additional launches later in the evening.

First, SpaceX completed its second Bandwagon in which 30 payloads were sent to mid-inclination orbits, its Falcon 9 rocket lifting off from Vandenberg in California. The first stage flew its twenty-first flight, landing successfully back its landing site at Vandenberg. The two fairings completed their 14th and 18th flights.

Next, Rocket Lab completed its sixth launch of sixteen for the commercial satellite company Synspective, its Electron rocket lifting off from one of its two launchpads in New Zealand. This was the 14th successful launch for Rocket Lab in 2024, a significant increase from the nine and eight launches it flew in 2022 and 2023.

The leaders in the 2024 launch race:

133 SpaceX
64 China
16 Russia
14 Rocket Lab

American private enterprise now leads the rest of the world combined in successful launches 153 to 96, while SpaceX by itself leads the entire world, including American companies, 133 to 116.

Rocket Lab gets a new 10-launch contract from Japanese satellite company

Rocket Lab yesterday signed a new 10-launch contract with the Japanese satellite company Synspective, with the launches scheduled for the 2025-2027 timeframe.

Rocket Lab has been Synspective’s sole launch provider since 2020, having already launched four of its satellites, with two other launches already under contract. Thus, the satellite company has bought sixteen total launches from Rocket Lab. Its constellation is designed to provide surface data in any weather condition, using radar.

Japanese satellite startup Synspective raises $100 million

Capitalism in space: The Japanese satellite startup Synspective announced today that it has successfully raised $100 million in private investment capital.

The latest funding was led by Sompo Japan Insurance Inc. (Tokyo, Japan), Nomura SPARX Investment, Inc. (Tokyo, Japan), and Pavilion Capital Pte. Ltd. (Singapore) among others, as well as bank loans, and it is supposed to be ranked within the top ten largest startups in Japan. This puts our total funding value at US $200M (22.8 billion yen) since our founding.

The company plans to launch a constellation of 30 radar satellites by 2026, designed to do Earth resource observations.

Synspective had hoped to launch its first demonstration satellite in ’23 on a Soyuz rocket. That launch is presently threatened by Russia’s invasion of the Ukraine, though it is not clear if it has been cancelled.