Rocket Lab Welcomes New Board Members for Strategic Expansion and Growth

Rocket Lab announced appointing two new independent Board Members on 4th June. Merline Saintil and Jon Olson will bring their technical experience to keep moving the leading US launch provider forward. Both Rocket Lab board members will help Rocket Lab prepare to become a publicly-traded company on the Nasdaq index.

About New Rocket Lab Board Members

Merline Saintil has been appointed a Lead Independent Director. With over 20 years of experience as a technology business executive, Ms. Saintil has an established reputation for building internationally acknowledged products, such as Yahoo!, PayPal, Adobe, and many others.

Mr. Olson, who will serve as the Chair of the Audit Committee, has over 40 years of experience in the semiconductor industry. For over 20 years, he has been responsible for financial decision-making at Intel and has served as a board member in many major international companies.

Both Mr.Olson and Ms. Saintil will assist Rocket Lab during the company’s strategic expansion. The deal comes at the right time, as just recently, Rocket Lab announced its new development – a medium-lift Neutron rocket with up to 8-ton payload capacity. The rocket will be used not only for building constellations of satellites but also for manned spaceflight and interplanetary missions.

Rocket Lab Founder Peter Beck on the Appointment

Peter Beck, company founder and CEO, is excited to welcome new Rocket Lab Board members. He says that it is an ‘absolute privilege’ to collaborate with people who have such extensive experience in technology leadership. Right now, when the company expands its space services, it is necessary to collaborate with experts who could ensure continuous company growth. According to Peter Beck, Rocket Lab plans to build on its successful Electron launch experience to offer Neutron services to various commercial and government clients. And new Rocket Lab board members will help the company on this path.