Space Economy: Opportunities Ahead

Space Economy: Opportunities Ahead

@samitranjan
@samitranjan
7 Followers
4 days ago 38

Space Economy: Opportunities Ahead

@samitranjan4 days ago

March 2021
rocketlabusa.com
Rocket Lab USA
Investor Presentation
SPACE IS
OPEN FOR
BUSINESS
1/40
This presentation (this “Presentation”) was
prepared for informational purposes only
to assist in…
2/40
Space has defined 
some of humanity’s 
greatest achievements, 
and it continues 
to shape our f…
3/40
Today’s 
Presenters
ROCKET LAB VECTOR ACQUISITION CORPORATION
Peter Beck
Founder, CEO, Chief En…
4/40
Vector Capital 
Overview
OUR PEDIGREE
Tech-only Investment Fund
25-Year Track Record
HIGHLIGHT…
5/40
CONTENTS
Rocket Lab Overview
& Introduction
SECTION SECTION SECTION SECTION
01 02
Launch
03
…
6/40
01
SECTION
ROCKET LAB
OVERVIEW & 
Introduction
7 Rocket Lab USA Section 1
7/40
&
In the history of 
spaceflight, only two 
private companies have 
delivered regular and 
rel…
8/40
Delivering end-to-end 
space solutions 
IN UNDER 6 YEARS
of our own 
satellites on 
orbit (+ m…
9/40
Rocket Lab is way out in front
LAUNCH COMPLEX 1MAHIA, NEW ZEALAND
ELECTRON LIFT-OFF LAUNCH COMPLE…
10/40
SPACE APPLICATIONS
TAM ~$320B
1
› TAM growth driven 
by historic levels 
of demand for 
respo…
11/40
1
st
WORLD LEADING
TECHNOLOGY
PRODUCTION COMPLEX AUCKLAND, NEW ZEALAND
ELECTRON LIFT-OFF LAUNC…
12/40
vertically integrated 
space company
From raw material to orbit
Rocket Lab HQ
Space Systems
Mi…
13/40
PROVEN TEAM
EXECUTIVE LEADERSHIP
led by industry 
veterans
Peter Beck
Founder, CEO, Chief Engi…
14/40
Our execution 
history
We do what we say we will do
Launch 6 YEARS
2014
2019
2020
2020
2020…
15/40
LAUNCH
02
SECTION
16 Rocket Lab USA Section 2
16/40
dedicated small 
launch is critical 
Not all space access is the same
Small satellites 
face co…
17/40
Meet 
electron 
SIGNIFICANT 
technology 
moats 
971st 132 180
Satellites 
deployed to 
orbi…
18/40
2nd most frequently 
launched rocket 
in the U.S. 
1 CHINA
2 RUSSIA
3 SPACEX
1 SPACEX
4 ROCK…
19/40
only two private companies
are delivering regular and
reliable access to orbit
Rocket Lab is the…
20/40
Our customers 
18 missions, 97 satellites deployed 
for more than 20 organizations
DEFENSE
~20%…
21/40
STATE OF THE ART 
MANUFACTURING
PRODUCTION HQ LONG BEACH, U.S.
Production facilities capable of …
22/40
Launch Complex 1
New Zealand
Launch Complex 2
Virginia, U.S.
Unrivaled launch 
infrastructure
…
23/40
Electron is the only reusable 
orbital-class small rocket
REUSABILITY
THE KEY TO LAUNCH FREQUENC…
24/40
Small Launch 
was the beginning
The market needs a 
constellation LAUNCHER
of the small satelli…
25/40
Next Step:
NEUTRON
ELECTRON
(SMALL LIFT)
SPaceX, FALCon 9
(LARGE LIFT)
NEUTRON
(MEDIUM LIFT)…
26/40
03
SECTION
SPACE
SYsTEMS
27 Rocket Lab USA Section 3
27/40
Space Systems
MANDATE 123
Satellites 
as a Service
From LEO constellations to high-complexity 
…
28/40
PHOTON FIRST LIGHT MISSION
AUGUST 2020
Customers no longer have to build their own satellite. 
T…
29/40
PHOTON INTERPLANETARY SPACECRAFT 
FOR NASA CAPSTONE LUNAR MISSION 2021
UPCOMING VENUS MISSION 202…
30/40
interplanetary missions
Missions awarded and spacecraft developed MOON VENUS
MARS
Displacing 
L…
31/40
Satellite 
Components
Mission-critical components for 
small and mega constellations 
Solar Pan…
32/40
Uniquely positioned 
to create a new 
multi-billion-dollar 
business vertical
Rocket Lab is in …
33/40
SECTION
04
Transaction 
Overview &
Financials
34 Rocket Lab USA Section 4
34/40
Transaction overview
› Fully diluted pro forma enterprise value 
of $4.1B, representing 5.4x 2025…
35/40
FINANCIAL MODEL SUMMARY
Historical and projected revenue
› Current bookings for 2021 represent 
…
36/40
Historical and projected adjusted EBITDA ($M)
Historical and projected UFCF ($M)1
› Adjusted EBIT…
37/40
highly compelling OPPORTUNITY
Successful launches
with payloads deployed
Total payload deploymen…
38/40
valuation and operational benchmarking
$4.1
TEV / 2025E Revenue TEV / 2025E EBITDA (adj)
TEV ($B…
39/40
For more 
information 
watch the 
Rocket Lab 
story here
PLAY 
VIDEO
40/40


  • Previous
  • Next
  • f Fullscreen
  • esc Exit Fullscreen
@samitranjan

Share

Space Economy: Opportunities Ahead

Embed code


Swipe LEFT
to view Related

Scroll DOWN
to read doc

We, and our third-party partners, use cookies, pixels, and other technologies ("cookies") to collect, record, and share information you provide, as well as information about your interactions with, our site for ad targeting, analytics, personalization, and site functionality purposes. By clicking Agree, you agree to the use of tracking technologies and acknowledge our privacy practices as described in our Privacy Notice.

Login

OR

Forgot password?

Don't have an account? Sign Up