"Ken's deep aerospace and defense industry experience, combined with accomplished financial leadership, adds even more horsepower to Rocket Lab's already impressive board line-up," said Rocket Lab's founder and Chief Executive Officer, Sir Peter Beck. "We're building the space company of the future here - an end-to-end space company that truly unleashes the potential of space as the next industrial revolution in human history. Ken played a key role in the growth and success of the traditional space model. Now we're excited to have him help us build the future."

Reflecting on his new role, Mr. Possenriede stated, "Rocket Lab has quickly but strategically risen to the ranks of global space leader and I'm incredibly excited to join the formidable team behind this. From the success of Electron as the world's leading small launcher, and the impressive growth of Rocket Lab's extensive space systems business, to the impressive progress on Neutron, I've long admired Rocket Lab's ability to execute and shake up the industry by overdelivering and outperforming. I look forward to supporting this trajectory as the Company executes on the vision to be the leading end-to-end space company."

Mr. Possenriede brings significant expertise in capital markets, customer relations, and business scaling to Rocket Lab. Before serving as CFO at Lockheed Martin, he held several key positions, including Vice President of Finance and Program Management for Lockheed Martin Aeronautics Company, Vice President and Treasurer for Lockheed Martin Corporation, and Vice President of Finance for Lockheed Martin's Electronic Systems division.

Mr. Possenriede earned his Master of Business Administration from the University of Michigan and holds a bachelor's degree in economics from Rutgers University. He also serves as an advisor to the Rutgers Foundation Board of Directors.

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