Rocket Lab Secures (Another) Multi-Launch Agreement to Liftoff This Month

Caitlin Cook
Caitlin Cook is an editorial intern at dot.LA, currently earning her master's degree in mass communication from California State University, Northridge. A devoted multimedia journalist with an interest in both tech and entertainment, Cook also works as a reporter and production assistant for MUSE TV. She got her Bachelor of Fine Arts in Filmmaking from University of North Carolina School of the Arts.
Rocket Lab Secures (Another) Multi-Launch Agreement to Liftoff This Month

It looks like Rocket Lab will be lifting off again very soon.

The first of three back-to-back launches is expected to take place at an unspecified date later this month as part of a multi-launch agreement between the Long Beach-based space systems company and BlackSky, a global monitoring company with offices in Herndon, Virginia, and Seattle, Washington.

"Love at First Insight," as the first launch has been named, will be taking off from Rocket Lab's Launch Complex 1 on the Mahia Peninsula in New Zealand.

If the final of the three launches takes place in September as planned, it will mark Rocket Lab's fastest launch cadence to date, surpassing a series of three launches from late October to mid-December 2020.

Rocket Lab will use its 59-foot tall Electron rocket for the launches, the first of which will mark the Electron rocket's 22nd launch. Two of BlackSky's Gen-2 satellites will be carried on each launch, adding a total of six new satellites to BlackSky's growing satellite constellation.

With Rocket Lab's help, BlackSky plans to have a total of 14 satellites in their constellation by the end of the year. Currently, seven out of the 30 total planned satellites have been deployed. The constellation will aid BlackSky in providing satellite images of the Earth's surface for its commercial and U.S. military clients.

"This cadence of rapid launches demonstrates the accelerated pace at which we are able to expand our constellation and reinforces our commitment to delivering global real-time data and intelligence," BlackSky CEO Brian O'Toole said in a statement. "With these additional satellites in our constellation, we can increase revisit rates and rapidly add capacity to ensure our customers will be the first-to-know about what is most important to them."

Launch services provider Spaceflight arranged the agreement between the two aerospace companies, which was signed earlier this year. The first launch under the agreement took place this past May, but a malfunction caused the Electron to fail to go into orbit, and the satellites were lost.

The news comes just days after Rocket Lab announced its first mission to the moon, which is slated to launch in the fourth quarter of the year as part of NASA's Artemis program.

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Energy Shares Gears Up To Bring Equity Crowdfunding to Retail Investors

David Shultz

David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.

Energy Shares Gears Up To Bring Equity Crowdfunding to Retail Investors
Photo by Red Zeppelin on Unsplash

The Inflation Reduction Act contains almost $400 billion in funding for clean energy initiatives. There’s $250 billion for energy projects. $23 billion for transportation and EVs. $46 billion for environment. $21 billion for agriculture, and so on. With so much cash flowing into the sector, the possibilities for investment and growth are gigantic.

These investment opportunities, however, have typically been inaccessible for everyday retail investors until much later in a company’s development–after an IPO, usually. Meaning that the best returns are likely to be captured by banks and other institutions who have the capital and financing to invest large sums of money earlier in the process.

That’s where Pasadena-based Energy Shares comes in. The company wants to help democratize access to these investment opportunities and simultaneously give early-stage utility-scale energy projects another revenue stream.

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Why These Ukrainian Entrepreneurs Are Making LA Their Home

Aisha Counts
Aisha Counts is a business reporter covering the technology industry. She has written extensively about tech giants, emerging technologies, startups and venture capital. Before becoming a journalist she spent several years as a management consultant at Ernst & Young.
Why These Ukrainian Entrepreneurs Are Making LA Their Home
Joey Mota

Fleeing war and chasing new opportunities, more than a dozen Ukrainian entrepreneurs have landed in Los Angeles, finding an unexpected community in the city of dreams. These entrepreneurs have started companies that are collectively worth more than $300 million, in industries ranging from electric vehicle charging stations to audience monetization platforms to social networks.

Dot.LA spent an evening with this group of Ukrainian citizens, learning what it was like to build startups in Ukraine, to cope with the unimaginable fear of fleeing war, and to garner the resilience to rebuild.

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