One of the things, I like about Rocket Lab is they have a very clear vision of where they're going and they don't allow pressure from the stock market to determine how that's going to proceed. Also, their upfront honesty, Peter's explanation regarding the number of launchers just made sense and cleared up a lot of confusion. When you compare Peter to Elon, I know who I put my trust in.
One should be thoughtful though, looking out for ones shares, willing to raise questions that must be asked. Fore example. In my opinion, after more than 4 years in development, taking NEUTRON out of the race was a serious mistake. Now here comes the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
Peter makes a great point about how their competition with Space X will help everyone by bringing the price down. Without rocket lab Space X could set any price they want leaving some who want to use them out. Rocket Lab will always have customers because there are so few companies who can do what they do.
Indeed, capitalism is best, free competition on a level playing field. I would add this to your comment. The real coming competitor to FALCON 9 (22,800 kg lift) and FALCON HEAVY (62,000 kg lift) is NEW GLENN (45,000 kg lift.) NEUTRON is no threat. If the long delayed rocket, now even longer, ever flies, will lift only 13,000 kg, but enough to deploy and replenish Peter Beck's dream of a STARLINK-like constellation. Peter has said that the main purpose of NEUTRON is not to lift other's commercial Space Systems, but will fulfill obligations to the Government - particularly USSF who has long ago helped with money for NEUTRON's upper stage. Long might NEUTRON live.
When it comes to cost per launch, you have to keep in mind that Nautron is intended to be a partially reusable vehicle, while Starship is intended to be a fully reusable vehicle. When you use the example of a delivery of a pizza in a truck vs a moped, the moped could be more expensive if you have to replace the tires after every trip. SpaceX intends for Starship to be cheaper per launch than Neutron. A lot cheaper. That shouldn't be ignored.
Hard to compare rockets so unlike, NEUTRON 13,000 kg lift and STARSHIP 150,000 kg lift. NEUTRON was to be a reusable FIRST STAGE to travel NO higher than the top of the atmosphere, release its 2nd STAGE and come right back down. STARSHIP is the reusable 2nd STAGE that goes on into deep Space, leaving behind its reusable booster FIRST STAGE at the top of the atmosphere to fall back to Earth.
The biggest question I have is what is rocket labs constellation going to be because Peter stated they expect 50% of neutron launches to be for their own constellation which means they already have a very good picture of what that will be
That’s a good point. With that said, I don’t believe they want to reveal their constellation goal yet, perhaps they want to make sure no one else gets the edge on Rocket Lab.
Peter Back (and Rocket Lab) does not follow trends, viral marketing: he thinks long-term. He literally built the company with his own hands and capital. Only a few entrepreneurs manage to do this.
I am a great fan of Peter Beck and Elon Musk exactly for the reasons you give, that we all admire, I am sure. But in defense of our share holdings, hard questions must be asked. Fore example. After more than 4 years in development, taking NEUTRON out of the race, kicking the can down the road, was a serious mistake by Peter Beck, and should be answering hard questions about that. Now steps up the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
@@Vacra_GrahaI partly agree with you. i say i partly agree because, as things stand, no one can guarantee safe space flight from american soil except spacex and rocket lab. There are no real competitors out there. For example, when is firefly mlv's mainden flight scheduled? Among other things, do you know that I'm starting to think that with all this launcher competition within the US, in Europe (like RFA and PLD Space, ArianneSpace etc), in India, China and South Korea, maybe it's better to focus on space systems, kick-stage and the like?
Vince, do one of your great evaluations on RKLB for the next 12 months to see if RKLB is still a good buy today, if there is NO NEUTRON in their future and therefore NO constellation; relying only on ELECTRON, Space Systems, and Space Services. I say they would still be a good buy, but remain a low share price, ordinary Space company.
You have to keep in mind in your model that it is in fact possible to send one launch to several different orbital planes. You need to research orbital precession, which is an effect where the orbital plane of a satellite is constantly shifting over time. The limiting factor is time - the satellite needs to spend some time at a different altitude than the rest of the constellation to reach the target orbital plane. So a bunch of Neutron launches would be *faster* in getting the launched satellites to their slots in the constellation, but it can also be done with a small number of launches over some time. Building the complete constellation might be faster or slower with the bigger launch vehicles - it depends on how much precession is required, and the launch cadence. (If you do one launch per month, 10 big launches is done in less than a year, 100 launches takes closer to a decade.) But each satellite will spend less of their time in orbit in the correct slot of the constellation.
True, its the 2nd and 3rd stages that do that orbital maneuvering with their VACUUM engines, and the 1st stage, which is all NEUTRON actually is, with its ATMOSPHERE engines and NO VACUUM ENGINES, is left behind at the top of the atmosphere after launch, to fall back to earth..
Vince is more bullish ;-) Thanks for the video and your analysis of the interview. I'm also more confident now, the Space as a Service approach is going to pull in significant business in the future. Regarding Neutron: If you compare Starship to a large container ship at sea, the missing piece is that there is no distribution hub to move the containers to their destination. Maybe in the future there will be space stations acting as an analogue to a major port, but until that time there is a massive market for the Neutron. Starship has been designed to get large mass to orbit and ultimately Mars, the rest is secondary, a means to an end. Space as a Service is a more immediate and attainable commercial goal.
Actually, NEUTRON as it turns out, is no more than a nicer looking than it needs to be, FIRST STAGE BOOSTER with only ATMOSPHERE engines, NO VACUUM engines to fly through space like those beautifully, artist rendered pictures playing make believe. Only 2nd and 3rd STAGE vehicles with their VACUUM ENGINES will go to Moon and Mars on great adventures. NEUTRON, if it ever gets to boost 2nd and 3rd stages, is to be left behind at the top of the atmosphere to fall back to Earth. Now steps up the new NEUTRON slayer, FIREFLY MLV, with the HUGE Northrop Grumman in support. First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to ride the coming FIREFLY IPO.
Vince has covered LUNR (Intuitive Machines) from time to time, especially during their recent historic landing of NOVA-C, IM-1 Lunar lander at the south pole. Lunar lander IM-2 can be followed on company's X page. Besides RKLB, LUNR is my other Space stock I watch closely.
Neutron sizing was based on market research and speaking to customers. They could've have matched F9 performance for slightly large development cost but choose not to. Lot government payloads use to fly on medium class Delta2 before it was retried as ULA rationalized to single LV ie Vulcan. The medium LV payload market hasn't gone away, currently be served by F9R as its really only option for government payloads even if oversized.
Frankly, NEUTRON sizing was simply to fit Peter Beck's dream of his own STARLINK-like constellation, not to launch other's Space systems. But now Peter has made the mistake of taken NEUTRON out of the race, delaying his dream. Now steps up the new NEUTRON slayer, FIREFLY MLV, with the HUGE Northrop Grumman in support. First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to ride the coming FIREFLY IPO.
A host should NOT have their questions approved by the guest. Else there is NO probing of the guest to bring out new details not known before. Taking NEUTRON off the table was a serious step through the eyes of share holders. Beck should be asked hard questions about that. It was a mistake not to keep trying with NEUTRON. In the Q1'23 call, Beck said engineers are sleeping under their desks sweating ARCHIMEDES. I think not. Share holders will forgive honest mistakes, but not giving up. Yes, Beck says he is not "waving a white flag". But you know he is. Elon never ever gives up, never has.
@@HumanPP Through the lens of a RKLB share holders like myself, in defense of ones shares, tough questions have to be asked of those to whom one pays ones money in return for a promise to maximize their Value. When doubts arise, it's time for hard questions through hosts such as Vince, with no pre-approval by guests who are responsible to raise the value of one's shares. For example, NEUTRON, once a breathtaking idea - on paper and in artist renderings, has now after more than 4 years become a SAGA, a long suffering drawn out story of a Big nothing. Even if ARCHIMEDES at long last does a fantastic hot fire at STENNIS, taking NEUTRON out of the race during Q1 2024 CALL, was a serious mistake. Now here comes the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 JET FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
@@HumanPP Through the lens of a RKLB share holders like myself, in defense of ones shares, tough questions have to be asked of those to whom one pays ones money in return for a promise to maximize their Value. When doubts arise, it's time for hard questions through hosts such as Vince, with no pre-approval by guests who are responsible to raise the value of one's shares. For example, NEUTRON, once a breathtaking idea - on paper and in artist renderings, has now after more than 4 years become a SAGA, a long suffering drawn out story of a Big nothing. Even if ARCHIMEDES at long last does a fantastic hot fire at STENNIS, taking NEUTRON out of the race during Q1 2024 CALL, was a serious mistake. Now here comes the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 JET FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
Look it has to do with national security and with a lot of customer non disclosure agreements. The last thing I want as a shareholder is to ask a question that would get Peter in trouble. I was expecting to have to submit the questions and I had to and there is nothing wrong with it. Also all the questions were approved straight away but there was one question where they said they can’t give more info. So I was still allowed to ask it but the answer would have been: thank you for this question listen to the earnings call again and that’s all the info we can give. And as we had limited time with him it was not worth to waste time and not ask another question.
@@vinceisbullish Yep understood Vince. Still, a host's questions can't get a guest in trouble. It is the quest who decides what they answer. Like military generals all the time on TV updating wars. They answer, or not. The host just moves on to the next Q. Not a big deal. You did a fine job Vince, no worries.
I would add on the launch side, now that Peter has removed NEUTRON from the medium lift race after more than 4 years in development, if focus and resources were shifted after ELECTRON was lifting payloads, 100% to solving NEUTRON issues, and the rest postponed, NEUTRON could have been lifting today at $50 million a launch, plenty to do vertical integration for Peter's constellation. But now steps up the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 JET FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
We have some big solar storms on the way. Could be a good time to own RKLB if a bunch of birds end up fried chicken. Expected to hit Earth on May 11th.
Ditto. A mid launch rocket ($50 million each launch) along the lines of Falcon 9 should have become the focus of effort and resources as soon as ELECTRON was lifting payload. The rest left for later. So now NEUTRON is out of the race. Here comes the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
It will always come back down :-) . Better to sell a bit high, and buy back more when it settles down again. I almost doubled my RKLB portfolio for free like that.
@@ArtTaggerr-223 but that's the thing with RKLB, after an up, it always goes down again 1-1.5$. You may have to wait a few months before you can buy back, but patience is all it takes.
Can’t see how this company can survive Starship ? Cost per kg to orbit is about to drop to 10% of current spaceX cost (already the cheapest by far). By late 2025 cost will be 5% of current cost.
I'm not worried if they will survive Starship, I'm worried if they will survive newcomers like Firefly, Relativity and, a bit further down the line, Stoke Space.
No worries. STARSHIP is a 2nd STAGE vehicle for deep Space. NEUTRON is simply a 1st STAGE booster with only ATMOSPHERE engines. Has NO VACUUM ENGINES. Gets left behind at the top of the atmosphere to fall back to Earth, just like the 1st STAGE for STARSHIP does.
@@wasp586 Taking NEUTRON out of the medium lift race was a mistake. But now steps up the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 JET FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
@Vince is Bullish - I appreciate that you see the management style and longer term potential of this company, and how you don't want to be a navel-gazer.
@@vinceisbullish - but I'd also ask you whether just looking at the backlog is a suitable metric for measuring how much revenue Rocket Lab is currently receiving. When Beck says they already got 90% of the money by the the launch date, I assume Rocket Lab is being paid by the milestones they achieve. But I'm not sure how we outside the company can reliably learn about milestone progress, or about the payments associated with each milestone.
@@manofsan While distracted looking over RKLB's backlog of mostly Space Systems and Services, here comes Launch, the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
@@manofsan True. The only way to learn details one can trust, is in what RKLB must disclose in SEC filings. Often when they feel confident, they reveal more than they need to.
One of the things, I like about Rocket Lab is they have a very clear vision of where they're going and they don't allow pressure from the stock market to determine how that's going to proceed.
Also, their upfront honesty, Peter's explanation regarding the number of launchers just made sense and cleared up a lot of confusion.
When you compare Peter to Elon, I know who I put my trust in.
One should be thoughtful though, looking out for ones shares, willing to raise questions that must be asked. Fore example. In my opinion, after more than 4 years in development, taking NEUTRON out of the race was a serious mistake. Now here comes the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
Rocket Lab's Q1 is the gift that keeps on giving. What an awesome week 😎
All the things Beck said that he would not do with Neutron are the things Kemp at Astra did or tried to do.
It’s great that he made time for you guys 🎉
I went back and watched this again. You should put out this info again. Such great insights.
Peter makes a great point about how their competition with Space X will help everyone by bringing the price down. Without rocket lab Space X could set any price they want leaving some who want to use them out. Rocket Lab will always have customers because there are so few companies who can do what they do.
Indeed, capitalism is best, free competition on a level playing field. I would add this to your comment. The real coming competitor to FALCON 9 (22,800 kg lift) and FALCON HEAVY (62,000 kg lift) is NEW GLENN (45,000 kg lift.) NEUTRON is no threat. If the long delayed rocket, now even longer, ever flies, will lift only 13,000 kg, but enough to deploy and replenish Peter Beck's dream of a STARLINK-like constellation. Peter has said that the main purpose of NEUTRON is not to lift other's commercial Space Systems, but will fulfill obligations to the Government - particularly USSF who has long ago helped with money for NEUTRON's upper stage. Long might NEUTRON live.
Great job to you Matt and Dave who had a separate interview with Peter Beck.
I love the many metaphors Peter makes. He had made a couple with you and a couple on Dave’s interview that helped me understand
When it comes to cost per launch, you have to keep in mind that Nautron is intended to be a partially reusable vehicle, while Starship is intended to be a fully reusable vehicle. When you use the example of a delivery of a pizza in a truck vs a moped, the moped could be more expensive if you have to replace the tires after every trip. SpaceX intends for Starship to be cheaper per launch than Neutron. A lot cheaper. That shouldn't be ignored.
Hard to compare rockets so unlike, NEUTRON 13,000 kg lift and STARSHIP 150,000 kg lift. NEUTRON was to be a reusable FIRST STAGE to travel NO higher than the top of the atmosphere, release its 2nd STAGE and come right back down. STARSHIP is the reusable 2nd STAGE that goes on into deep Space, leaving behind its reusable booster FIRST STAGE at the top of the atmosphere to fall back to Earth.
Thank you for this follow-up explanation. I share the enthusiasm. Been adding shares since 2021
Wow! That’s awesome!
the peter beck interview was awesome! good job!
I am also more bullish following the interview. Congratulations again (to you and Matt) for doing such a great job.
It was awesome interview, Vince
The biggest question I have is what is rocket labs constellation going to be because Peter stated they expect 50% of neutron launches to be for their own constellation which means they already have a very good picture of what that will be
That’s a good point. With that said, I don’t believe they want to reveal their constellation goal yet, perhaps they want to make sure no one else gets the edge on Rocket Lab.
That will only be in like 3 to 5 years
Isn't it exciting? I love the fact that RKLB has so much in the pipeline, and they haven't even revealed it all yet!
@@lukasm.3734 SpaceX and rocket lab will be the Microsoft and Apple of the space industry
@@Twist_UAP I think it’s quite possible that they are already working on those satellites
Peter Back (and Rocket Lab) does not follow trends, viral marketing: he thinks long-term. He literally built the company with his own hands and capital. Only a few entrepreneurs manage to do this.
I am a great fan of Peter Beck and Elon Musk exactly for the reasons you give, that we all admire, I am sure. But in defense of our share holdings, hard questions must be asked. Fore example. After more than 4 years in development, taking NEUTRON out of the race, kicking the can down the road, was a serious mistake by Peter Beck, and should be answering hard questions about that. Now steps up the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
@@Vacra_GrahaI partly agree with you. i say i partly agree because, as things stand, no one can guarantee safe space flight from american soil except spacex and rocket lab. There are no real competitors out there. For example, when is firefly mlv's mainden flight scheduled?
Among other things, do you know that I'm starting to think that with all this launcher competition within the US, in Europe (like RFA and PLD Space, ArianneSpace etc), in India, China and South Korea, maybe it's better to focus on space systems, kick-stage and the like?
Vince, do one of your great evaluations on RKLB for the next 12 months to see if RKLB is still a good buy today, if there is NO NEUTRON in their future and therefore NO constellation; relying only on ELECTRON, Space Systems, and Space Services. I say they would still be a good buy, but remain a low share price, ordinary Space company.
You have to keep in mind in your model that it is in fact possible to send one launch to several different orbital planes. You need to research orbital precession, which is an effect where the orbital plane of a satellite is constantly shifting over time.
The limiting factor is time - the satellite needs to spend some time at a different altitude than the rest of the constellation to reach the target orbital plane. So a bunch of Neutron launches would be *faster* in getting the launched satellites to their slots in the constellation, but it can also be done with a small number of launches over some time. Building the complete constellation might be faster or slower with the bigger launch vehicles - it depends on how much precession is required, and the launch cadence. (If you do one launch per month, 10 big launches is done in less than a year, 100 launches takes closer to a decade.) But each satellite will spend less of their time in orbit in the correct slot of the constellation.
True, its the 2nd and 3rd stages that do that orbital maneuvering with their VACUUM engines, and the 1st stage, which is all NEUTRON actually is, with its ATMOSPHERE engines and NO VACUUM ENGINES, is left behind at the top of the atmosphere after launch, to fall back to earth..
Awesome thanks for breaking that down for us. Liking the background
Vince is more bullish ;-)
Thanks for the video and your analysis of the interview. I'm also more confident now, the Space as a Service approach is going to pull in significant business in the future.
Regarding Neutron: If you compare Starship to a large container ship at sea, the missing piece is that there is no distribution hub to move the containers to their destination. Maybe in the future there will be space stations acting as an analogue to a major port, but until that time there is a massive market for the Neutron. Starship has been designed to get large mass to orbit and ultimately Mars, the rest is secondary, a means to an end. Space as a Service is a more immediate and attainable commercial goal.
Actually, NEUTRON as it turns out, is no more than a nicer looking than it needs to be, FIRST STAGE BOOSTER with only ATMOSPHERE engines, NO VACUUM engines to fly through space like those beautifully, artist rendered pictures playing make believe. Only 2nd and 3rd STAGE vehicles with their VACUUM ENGINES will go to Moon and Mars on great adventures. NEUTRON, if it ever gets to boost 2nd and 3rd stages, is to be left behind at the top of the atmosphere to fall back to Earth. Now steps up the new NEUTRON slayer, FIREFLY MLV, with the HUGE Northrop Grumman in support. First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to ride the coming FIREFLY IPO.
Vince has covered LUNR (Intuitive Machines) from time to time, especially during their recent historic landing of NOVA-C, IM-1 Lunar lander at the south pole. Lunar lander IM-2 can be followed on company's X page. Besides RKLB, LUNR is my other Space stock I watch closely.
Neutron sizing was based on market research and speaking to customers. They could've have matched F9 performance for slightly large development cost but choose not to. Lot government payloads use to fly on medium class Delta2 before it was retried as ULA rationalized to single LV ie Vulcan. The medium LV payload market hasn't gone away, currently be served by F9R as its really only option for government payloads even if oversized.
Frankly, NEUTRON sizing was simply to fit Peter Beck's dream of his own STARLINK-like constellation, not to launch other's Space systems. But now Peter has made the mistake of taken NEUTRON out of the race, delaying his dream. Now steps up the new NEUTRON slayer, FIREFLY MLV, with the HUGE Northrop Grumman in support. First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to ride the coming FIREFLY IPO.
A host should NOT have their questions approved by the guest. Else there is NO probing of the guest to bring out new details not known before. Taking NEUTRON off the table was a serious step through the eyes of share holders. Beck should be asked hard questions about that. It was a mistake not to keep trying with NEUTRON. In the Q1'23 call, Beck said engineers are sleeping under their desks sweating ARCHIMEDES. I think not. Share holders will forgive honest mistakes, but not giving up. Yes, Beck says he is not "waving a white flag". But you know he is. Elon never ever gives up, never has.
Perhaps because Musk is good at getting capital from others. Beck manages the money of partners and investors as if it were his own.
@@HumanPP Through the lens of a RKLB share holders like myself, in defense of ones shares, tough questions have to be asked of those to whom one pays ones money in return for a promise to maximize their Value. When doubts arise, it's time for hard questions through hosts such as Vince, with no pre-approval by guests who are responsible to raise the value of one's shares. For example, NEUTRON, once a breathtaking idea - on paper and in artist renderings, has now after more than 4 years become a SAGA, a long suffering drawn out story of a Big nothing. Even if ARCHIMEDES at long last does a fantastic hot fire at STENNIS, taking NEUTRON out of the race during Q1 2024 CALL, was a serious mistake. Now here comes the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 JET FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
@@HumanPP Through the lens of a RKLB share holders like myself, in defense of ones shares, tough questions have to be asked of those to whom one pays ones money in return for a promise to maximize their Value. When doubts arise, it's time for hard questions through hosts such as Vince, with no pre-approval by guests who are responsible to raise the value of one's shares. For example, NEUTRON, once a breathtaking idea - on paper and in artist renderings, has now after more than 4 years become a SAGA, a long suffering drawn out story of a Big nothing. Even if ARCHIMEDES at long last does a fantastic hot fire at STENNIS, taking NEUTRON out of the race during Q1 2024 CALL, was a serious mistake. Now here comes the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 JET FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
Look it has to do with national security and with a lot of customer non disclosure agreements. The last thing I want as a shareholder is to ask a question that would get Peter in trouble.
I was expecting to have to submit the questions and I had to and there is nothing wrong with it. Also all the questions were approved straight away but there was one question where they said they can’t give more info. So I was still allowed to ask it but the answer would have been: thank you for this question listen to the earnings call again and that’s all the info we can give. And as we had limited time with him it was not worth to waste time and not ask another question.
@@vinceisbullish Yep understood Vince. Still, a host's questions can't get a guest in trouble. It is the quest who decides what they answer. Like military generals all the time on TV updating wars. They answer, or not. The host just moves on to the next Q. Not a big deal. You did a fine job Vince, no worries.
My only bear case is electro static propulsion being figured out. Which is a long shot.
Not me, SpaceX is great, but RKLB is my only investment.
Nice, really thx for this content mate
Although the revenue is not recognised in the accounts, the 90% is contributing to cashflow.
I would add on the launch side, now that Peter has removed NEUTRON from the medium lift race after more than 4 years in development, if focus and resources were shifted after ELECTRON was lifting payloads, 100% to solving NEUTRON issues, and the rest postponed, NEUTRON could have been lifting today at $50 million a launch, plenty to do vertical integration for Peter's constellation. But now steps up the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 JET FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
This one was really good
We have some big solar storms on the way. Could be a good time to own RKLB if a bunch of birds end up fried chicken. Expected to hit Earth on May 11th.
I'm. holding tight to my RKLB shares. Rocket Lab owns no birds to fry at the moment. Frying by the Sun god will only bring more biz to RKLB.
where is the video?
just check his channel's video history
It’s also in the video description;)
Spending fortunes on developing a reusable lauch system, and then being cool with only 5 launches per year?? Uh huuuh 😏
Ditto. A mid launch rocket ($50 million each launch) along the lines of Falcon 9 should have become the focus of effort and resources as soon as ELECTRON was lifting payload. The rest left for later. So now NEUTRON is out of the race. Here comes the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
Frikkity-fudge-crap! I should have bought more at $3.60!!!
You’ll probably wish that you added more shares at $4.26.
It will always come back down :-) . Better to sell a bit high, and buy back more when it settles down again. I almost doubled my RKLB portfolio for free like that.
@@wasp586 that’s cool, but predicting the swings isn’t easy for most people.
@@ArtTaggerr-223 but that's the thing with RKLB, after an up, it always goes down again 1-1.5$. You may have to wait a few months before you can buy back, but patience is all it takes.
@@wasp586 I wouldn’t want to take the chance of not maximizing my shares in this company. No guarantee it’ll drop low enough to buy back.
Can’t see how this company can survive Starship ?
Cost per kg to orbit is about to drop to 10% of current spaceX cost (already the cheapest by far).
By late 2025 cost will be 5% of current cost.
I'm not worried if they will survive Starship, I'm worried if they will survive newcomers like Firefly, Relativity and, a bit further down the line, Stoke Space.
No worries. STARSHIP is a 2nd STAGE vehicle for deep Space. NEUTRON is simply a 1st STAGE booster with only ATMOSPHERE engines. Has NO VACUUM ENGINES. Gets left behind at the top of the atmosphere to fall back to Earth, just like the 1st STAGE for STARSHIP does.
@@wasp586 Taking NEUTRON out of the medium lift race was a mistake. But now steps up the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 JET FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
Awesome job Vince! You have a permanent subscriber !
@Vince is Bullish - I appreciate that you see the management style and longer term potential of this company, and how you don't want to be a navel-gazer.
Yeah pretty unbelievable right?
@@vinceisbullish - but I'd also ask you whether just looking at the backlog is a suitable metric for measuring how much revenue Rocket Lab is currently receiving. When Beck says they already got 90% of the money by the the launch date, I assume Rocket Lab is being paid by the milestones they achieve. But I'm not sure how we outside the company can reliably learn about milestone progress, or about the payments associated with each milestone.
@@manofsan While distracted looking over RKLB's backlog of mostly Space Systems and Services, here comes Launch, the new NEUTRON slayer, FIREFLY MLV, 16,000 kg lift, totally disposable, because of its deep-pocketed, deeply connected partner in support, HUGE Northrop Grumman (maker of the F35 FIGHTERS). First test launch soon while Peter is still trying to make ARCHIMEDES work. So, what do I do? A substantial RKLB share holder? Easy, hold tight onto RKLB and save up, ready to add the coming FIREFLY IPO to my portfolio.
@@manofsan True. The only way to learn details one can trust, is in what RKLB must disclose in SEC filings. Often when they feel confident, they reveal more than they need to.