![]() ![]() Rocket Lab has also created the highest efficiency space solar cell technology in the world at 33.3% efficiency which is incredible, while it's also 40% lighter than traditional solar cells. ![]() The company accomplishes this through reusable fairings, and they are even working on a Parachute system that can then be captured by a helicopter, which is like something out of a James Bond movie. Part of Rocket Lab's secret sauce is its ability to reuse the first stage of its Electron rocket, which saves up to 65% of the total build cost. Turnaround (Investor presentation September 2022) For example, Rocket Lab takes just 15 days to turnaround, which is much faster than other small launch providers such as Astra which takes 115 days and Virgin Orbit which takes 164 days. These customers use Rocket Lab because they offer dedicated, cost-effective launches and rapid turnaround. Projects (Investor presentation September 2022) The company has supplied hardware and software to big-name projects such as the NASA James Webb Space Telescope and the Mars Ingenuity Helicopter. They include big names such as NASA, the US Space Force, Canon, HawkEye, and many more.Ĭustomers (Investor Day Presentation September 2022)Īpproximately 1,700 satellites in orbit currently use Rocket Lab. Its customers include 50% commercial, followed by defense at 30% and then Civil at 20%. The company's rocket is the 2nd most frequently launched in the US, and they provide a variety of services from small to large payload launches. It offers 132 launch slots annually which can be booked, and then launches can occur from one of its 3 launch sites in the US or New Zealand. The company currently has 150 satellites deployed to orbit across 27 successful missions. Rocket Lab is a rocket company that aims to provide open access to space to improve life on earth. Thus, in this post, I'm going to break down the company's business model, financials, and valuation, let's take off. Now although this company isn't on the same scale as SpaceX they do offer a cheap payload to space service, while SpaceX is focusing more on larger scale services (such as getting to Mars) with its enormous Starship rocket. However, all jokes aside, Rocket Lab has a $2 billion market capitalization while SpaceX has a private market valuation of $125 billion. Its profit margins are difficult to analyze, as the old joke says how does a "billionaire become a millionaire, start a rocket company". ![]() In addition, the stock is undervalued intrinsically and analysts from Stifel have a $15 buy price, which indicates the stock could more than triple from this point. This company has recently beat analyst revenue estimates for the second quarter and has half a billion dollars' worth of backlog from government contracts. Now, although many SPACs were slaughtered due to zero revenue and high valuations, Rocket Lab is the opposite. The company went public via a SPAC merger in 2021 with Vector Acquisition Corporation. The business has recently helped with the NASA Artemis program, which will be human's first return to the moon in a very long time. Rocket Lab ( NASDAQ: RKLB) is a leading rocket company that has an elite list of customers which includes NASA and the Space Force. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |