​
https://preview.redd.it/8xn8phdbzd4b1.jpg?width=1198&format=pjpg&auto=webp&s=7b19aff1d1703d6791ff202510abe606c5de903e
Friends, creators, and explorers — welcome to YourVerse!
We are thrilled to share this exciting project with you!
In this article, we will guide you through the steps that will give you the best shot at being part of YourVerse!
“What is YourVerse, and what is meant by the concept of real estate in the metaverse?”
Allow us to explain!
The phenomenon of owned purchases in the Metaverse
The purchase or rental of a property is the first step in being able to carry out any activity in the new digital dimension. Buying a house (and land) in the metaverse is becoming one of the main activities in the new digital dimension, given the possibility of carrying out practically any activity, from simple ones like having a place to be at the start of commercial activities such as shops, sales, and advertising spaces.
In 2021, at the peak of real estate transactions in the metaverse, staggering numbers were reached. The prices of land on existing platforms rose by 500%, and the transactions exceeded a total value of 500 million dollars. After an important correction in terms of economic value, which occurred last year, many believe that this is the best time to invest in the real estate sector. Thanks to the large growth rate, the phenomenon will become increasingly well-known. The increase in demand, especially in the most prestigious metaverses, will likely drive prices up.
“Investing in the Metaverse today can be likened to buying a house in the countryside before it develops into a big city.”
The metaverse of The Sandbox
The metaverse of The Sandbox can be understood as a three-dimensional virtual universe that can be explored through the use of avatars representing real users. Just like in the “analog” world, even in the metaverse, it is possible to interact with other characters, travel, buy objects, build, customize, sell, or rent properties in which to live or start commercial activities.
Buy a property in the Metaverse
Metafutura Srl, an Italian company made up of expert builders, has launched the “YourVerse” project, which will be a place with real estate properties, events, and exhibition spaces that will facilitate the purchase and sale of owned properties in the metaverse via NFTs. The acquisitions will be signed through Smart Contracts, intelligent contracts that leverage the blockchain to define unmodified and extremely sophisticated transactions, with the deposit of the purchased NFTs in the buyer’s wallet. It is essential to emphasize that in the metaverse, purchases do not take place with traditional currencies. The system is, in fact, linked to the blockchain, and cryptocurrencies are used for buying and selling.
​
https://preview.redd.it/yxks30pdzd4b1.jpg?width=1195&format=pjpg&auto=webp&s=bf124688e954eaa20d63b6fd14f779cf49ea4465
The Metaverse Real Estate Market has entered a vortex of strong growth, and given the potential for the future, therefore it seems to be the propitious moment to invest in the sector. It is important to underline the twofold implication, on the one hand for the user who buys the property, which is realizing an investment that also entails the acquisition of a sort of “showcase” in the metaverse of The Sandbox, as well as to participate in activities of socialization and a series of events that will lead to the expected and unexpected beneficial owners (participation in exclusive events, gifts, airdrops, treasure hunt etc …) On the other, for those who develop an economic activity, they can find a way to generate a profit directly or indirectly, creating events, sales, marketing activities etc…
YourVerse, a unique proposal
1000 exclusive properties managed with NFT
​
https://preview.redd.it/uu1yskgfzd4b1.jpg?width=1186&format=pjpg&auto=webp&s=f70b6dfefa09685a171e2cb82817f83e830e6777
Zoom of the map of The Sandbox
The project is carried out on a 2x2 Land on which a thousand properties managed through NFT arise, divided as follows:
· Deluxe apartments
· VIP apartments
· Robot-apartments
· Shops
· Megastore
· Billboards of different sizes
1000 properties accessible to all. What will be your % of possession in the City? Entry into ownership with NFT. Exclusivity for each owner. Possible customizations for each owner and for large partners. We create specially assets for your brand. Continuous maintenance by Metafutura srl.
​
https://preview.redd.it/5jmex52hzd4b1.jpg?width=1182&format=pjpg&auto=webp&s=18a2deb7997aea21a17b89a974ce2b67dac4f9de
The sale of collection is available from May 10, 2023.
The potential return of the investment
By investing in YourVerse, you are investing in the future. To each property beyond the enjoyment of the experience, the return of image, and what you decide to buy (e.g. shop that leads to the completion of purchases from the city visitors), there will be frequent airdrops and events that will allow to increase the value of your property. The experience will be open to all and the Grand Central Palace which will be made in the center of the Land, will be able to host concerts, events, fashion shows, professional meetings, streaming, gaming, as well as NFT exhibitions and this will create a large flow of visits and growing interest in possessing a part of the City. In addition, the great engine will be the public characters, who, having believed in the project, will be able to give growing visibility to YourVerse! Welcome to the first multipropriety project in the metaverse of The Sandbox!
FAQ
What is YourVerse? YourVerse is a set of real estate property developed on a Land 2x2 that offers the first concept of Real Estate in the metaverse of The Sandbox, to be precise 1000 real estate units converted to NFT.
What properties are present in YourVerse? Deluxe Apartments, Vip Apartments, Robot Apartments, Shops, Megastore, Billboard of different sizes, each with its own privileged position.
What is the utility in holding a YourVerse NFT? Owning an NFT is equivalent to the exclusive possession of one of the thousand properties developed on the land. Holder side, hold an apartment, gives you the opportunity to create private events, such as holidays for example, with exclusive access, to which to invite your friends. In addition, like Holder, you will participate in all the events on the land, with Airdrops, Mystery Egg Hunts, seasoned with NFT of international collections, prizes and incentives by the Land partners. Company side, owning an NFT, such as a shop, gives the possibility to create its events in an always open land, possibility to customize your exhibition space and create public events. In addition, the possibility of renting part of the Grand Central Palace is reserved for companies, all this will be able to give a great return of image. Customization packages will be revealed to make their real estate unit unique and increase their value.
Is it possible to rent a real estate unit? It will be possible to do it for companies immediately, which will make a rental contract through Metafutura srl. Subsequently there will be implementations to make the Rent expandable on all properties.
Do the properties all have the same value? Absolutely not, the value is very different from one property to another. The possibility of now mining one of the 1000 NFT randomly, converges with on the one hand the thanks to being an Early Adopter as well as a supporter of the project, on the other the luck of being able to receive an asset with a much more important value of the cost of Mining.
When will it be possible to access the land? Entrance to YourVerse will be possible by the end of the year 2023.
Are NFT transferable? Absolutely yes, everyone can prepare as best he believes in his property, holding him or by selling it in the marketplace.
Where can I buy a piece of YourVerse?
You can make the MINT until the stocks are exhausted here: https://www.metafuturastudio.com/yourverse
METAFUTURA SRL
Metafutura Srl is a digital agency specialized in the production of assets and multimedia content based on 2D and 3D viewing in The Sandbox’s metaverse. We use metaverse as a communication tool aimed at enhancing knowledge through the visual and experiential impact.
We are able to bring virtuality to product communication and development processes, recreating digital works from scratch or by models respecting significant features with full loyalty.
Our technical sector also deals with the creation of images, 3D videos, virtual reality and graphics in general.
TEAM
​
https://preview.redd.it/lehmugiizd4b1.jpg?width=1012&format=pjpg&auto=webp&s=9c8fc2aee3e17289c2837ec8b5b51cdf369144a9
Follow us on:
TWITTER https://twitter.com/yourverse_NFT
TWITTER https://twitter.com/FuturaMeta
MEDIUM https://medium.com/@metafutura.studio/yourverse-d536e755e7fa

Rocket Lab Due-Diligence (DD)

‘We Open Access to Space to Improve Life on Earth.’

Introduction

With the 2024 first launch of the Rocket Lab Mega Constellation Launcher—The Neutron—fast approaching, I decided it is high time for a more up-to-date DD on Rocket Lab. A lot is happening in the industry, the company, and the world. I have decided to dive into the future, fundamentals, industry, funding, financials, dreams, and of course, the memes of the aspiring space company. Now, I am posting my DD into both of the Rocket Lab subreddit, as I am new to writing DD and I want to hit as wide of an audience as I can. One disclaimer (for those who do not like stock talk), this DD is not meant to encourage buying of the stock, nor is it financial advice or a stock-only DD, I merely want to dive into this company and simply spark some discussion on it!
Now, Rocket Lab is a private aerospace manufacturer and small satellite launch service provider. The company was founded in 2006 by Peter Beck and is headquartered in Long Beach, California, with additional facilities in New Zealand and Australia. Rocket Lab specializes in the development and launch of small rockets capable of delivering payloads of up to 300 kilograms to low Earth orbit. Rocket Lab—self-designated as a leader in launch and space systems—is a company that has a chance at becoming a highly profitable giant over the next decade and beyond. In my honest opinion, Rocket Lab currently thrives off of the crumbs of the current space industry ecosystem. With Space X increasingly focused upon one goal—thanks to their controversial, yet nevertheless, fearless leader—being Mars, Rocket Labs can (and in my opinion will) become one of the go-to space companies for low earth orbit launches in the near term and in the long-term become one of the go-to space company for launches between the Moon, Venus, and Mars as well. Rocket Lab currently lives off of the crumbs left behind by NASA, Space X, and the United States military-industrial complex.
Like these two legends from the movie War Dogs, Rocket Lab is determined to become the go-to space company for transporting all types of goods into orbit. For those of you who have not seen the movie (I personally highly recommend it), essentially, when these two start their arms-dealing company, they focus upon all of the small contracts that the government is putting out for arms supplies. The contracts that the big players are ignoring, due to their small sizes, even so, these small contracts are worth hundreds of thousands to low millions. Now, this is where Rocket Lab currently lies in the industry.
\"A new space race has begun, and most Americans are not even aware of it. This race is not [about] political prestige or military power. This new race involves the whole human species in a contest against time.\" - Ben Bova
Now, before I dive into everything here, I need every to understand that this industry is on the verge of immense change and rapid evolution. We are currently in the first stage of the world’s Second Space Race. As a student of History, I can confidently tell you that there are murmurings within the historical community, that this is the case, beginning with the creation and success of Space X’s first reusable rocket: the Falcon 9. On December 21st of 2015, when the first Falcon 9 was launched and the landing was successful with the first stage fully recovered, the race began. In the same way that there is no single company above all others in the airline, shipping & transportation, or car manufacturing industries, is the same reason I do not believe that Space X will alone run the space industry’s transportation needs. There is plenty of room for companies like Rocket Lab to fill the gaps Space X cannot and in a decade’s time, there will be plenty of room for even more companies. Yet, there are no companies that are even close to competing with Space X—other than Rocket Lab—at this time. Now, I won’t go deeply into most of these competitors in this deep dive, but to be short, Astra is on the verge of total failure, Virgin Galactic has been playing an entirely different game—space tourism, which there is a massive market for, just perhaps won’t be penetrated by them—they likewise seem to be failing. While Blue Origin has been playing a strong game and Space X an even stronger one, albeit more and more focused solely on Mars as the years go on.
Here you can see the 1-year charts of Rocket Lab, Astra, Virgin, and Boeing for reference, as you can see, these charts speak volumes. Rocket Lab has been having a tough year but has found a nice bottom and is consistently bouncing from lows in the $2.92-3 range. While Astra has been reduced to a penny stock, with their future unknown. Virgin Galactic is only maintaining below Rocket Lab’s share price, partly due to the large number of Retail investors that do not know much and refuse to let it die, coupled with a small hope that the company can recover in the coming years. Boeing is here for reference as to what a successful, large-cap company involved in a similar industry (and the space industry as well), should look like over the course of a decent year.
Now, there are a few assumptions that I am making that we need to cover before diving into the real DD: Whether it be because we live in the beginnings of a second Space Race (fueled by privatized space companies and the world’s governments) or because of technological advancement and a rising interest in space, the increase in rocket launches, space development (in Earth’s orbit, the Moon, and Mars), and the lowering costs of space launches… it will become exponentially cheaper, easier, and faster to launch into orbit and the industry as a whole will have a massive boom—akin, in a way, to the industrial revolution—over the mid-to-late 2020s into the early 2030s. With the mid-to-end 2030s and early 2040s, we will see massive developments in terms of low-Earth orbit manufacturing facilities, tourist destinations, and stations, as well as settlements on the Moon for mining and refueling for greater exploration and colonization of the Sol System as a whole.
Now these are in part assumptions, but I think once one does the research and looks at the fact, all of this is very achievable. Even if it does not occur in this way, you can shift the dates by an additional decade and every time you do, the more likely, easier, and cheaper it all becomes.
Rocket Lab's business model revolves around providing cost-effective and frequent access to space for small satellite operators. The company aims to simplify the process of deploying satellites by offering dedicated launches on its Electron rocket. Rocket Lab operates as an end-to-end service provider, handling the entire launch process from mission planning and payload integration to launch and on-orbit operations.

Section 1: Rocket Lab Takes Flight! The Electron & the Neutron

‘Rocket Lab is an end-to-end space company delivering reliable launch services, complete spacecraft design and manufacturing, satellite components, flight software, and an on-orbit management.’ – Rocket Labs
Rocket Lab's primary launch vehicle, the Electron, is a two-stage rocket powered by Rutherford engines, which use electric-pump-fed LOX/RP-1 propellants. The Electron is designed to optimize cost, flexibility, and rapid launch capability for small satellites. Rocket Lab has demonstrated numerous successful launches since its inaugural flight in 2017, showcasing its technological prowess and reliability. The small satellite market has been growing rapidly, driven by increased demand for data collection, communications, and Earth observation. Rocket Lab's focus on dedicated launches for small satellites positions it well to capture a significant portion of this expanding market. The company has already established a solid customer base, securing contracts with government agencies, research institutions, and commercial entities.
Rocket Labs—at the time of writing this—has had 37 launches—with a 91.89% success rate—deployed 164 satellites, operates 3 launch pads, and is maintaining 3 Photon Satellites in the Earth’s orbit. Of the 164 satellites launched by Rocket Labs, they were commissioned to do so by a wide variety of clients, from NASA, Space Force, DARPA, to Canon. Rocket Labs is supported by Future Fund: Australia’s Sovereign Wealth Fund, Khosla Ventures, Bessemer Venture Partners, Data Collective, Greenspring Associates, ACC, Promus Ventures, L One W One Ltd., and Lockheed Martin.
Rocket Lab’s main rocket, the Electron—built and operated by Rocket Lab—has flown 37 times and been successful 34 times, with only 3 failures. Rocket Lab’s key areas of business penetration lie in the launch of mid-sized service rockets, the manufacturing of space systems and satellites, and their adept ability to manufacture industrial space parts, applications, and proponents. The latter of which, they are sort of unopposed in terms of competition.
The Neutron—Rocket Lab’s medium-lift, mega constellation launcher—will be able to launch 13,000 kilograms into low Earth orbit and it will be …drum roll please… reusable! The current goal is for it to launch in 2024. It will be designed for not only low earth orbital supply missions, but also deep space missions, and even human spaceflight. It will be fairing a design allowing for full reusability of the first stage and it will be lightweight, being made of Rock Lab’s own carbon composite structure. The home base for the Neutron will be at the Neutron Production Complex and the launch pad at the NASA Wallops Flight Facility and Mid-Atlantic Regional Spaceport on the Eastern Shore of Virginia.
‘The Neutron Production Complex will be home to a rocket production, assembly, and integration facility, as well as a dedicated launch pad for the Neutron rocket located on the southern end of Wallops Island. The estimated 250,000 square foot state-of-the-art complex will be constructed on a 28-acre site adjacent to the Wallops Island Flight Facility and will include a Launch Control Center, Rocket Lab’s fifth global operations center for launch activities and on-orbit operations. To support rapid production of the Neutron rocket, current plans for the complex include automated fiber placement robotic production systems capable of laying up meters of Neutron’s new, specially formulated carbon composite structures in minutes. As a reusable rocket, Neutron is designed to land back on the Launch Complex 3 pad after a mission and from there it would be returned to the production complex for refurbishment and re-flight.’
With Space X dominating large-load space orbital flight and transportation, Rocket Labs, in my honest opinion, is where Space X was roughly something like 6-8 years ago. While Rocket Lab intends to compete with Space X—whether it will be considered competition in an industry this brand new and small, time will tell—for cargo and humans to the low Earth orbit, the Moon, Mars, and even Venus! Space X and Elon Musk have made it abundantly clear that the goal of Space X is the large-scale settlement of Mars. While later models of Rocket Lab’s Neutron will be able to go to Mars and Venus, it appears that is not their main goal. In the near term (being the next two decades), they will be looking to dominate the low Earth orbit and Moon market as well as the manufacturing of industrial space parts, applications, and proponents.

Section 2: The Space Industry & Company Fundamentals

Rocket Lab faces competition from other commercial launch providers, such as SpaceX, Blue Origin, and Virgin Orbit. However, the company differentiates itself by specializing in small satellite launches, offering a tailored solution for this niche market. Rocket Lab's Electron rocket provides the advantage of dedicated launches and the flexibility to reach specific orbits, making it an attractive option for small satellite operators.
Rocket Lab has raised significant funding through various investment rounds, securing capital from venture capital firms, strategic partners, and government entities. Notable investors include Khosla Ventures, Bessemer Venture Partners, and Lockheed Martin. The company's ability to attract substantial investment indicates confidence in its business model and growth potential. Rocket Lab operates within the regulatory framework of the countries in which it launches its rockets. The company holds necessary licenses and approvals from government agencies, such as the Federal Aviation Administration (FAA) in the United States and the New Zealand Civil Aviation Authority (CAA). Compliance with safety regulations and adherence to environmental guidelines are crucial aspects of Rocket Lab's operations.
Despite its achievements, Rocket Lab faces several risks and challenges. The space industry is highly competitive, and the success of the company depends on its ability to secure launch contracts and maintain a steady launch cadence. Regulatory changes, launch failures, or delays could impact Rocket Lab's operations and reputation. Additionally, the emergence of new technologies or market disruptors could pose a threat to the company's market position
Now, let’s talk about the elephant in the room, the Quarterly Results. To preface, negative quarterly results mean—pardon my French—jack-shit (at least in the short term) for a company such as Rocket Lab, that is looking at penetrating a market such as the space industry. We are going to look at the past four Quarterly Results in chronological order.
Q2 2022 Report: Rocket Lab achieved record revenue of $55.5 million, showing significant growth compared to the previous quarter (36% sequential growth) and the same quarter in the previous year (392% YoY growth). Despite the revenue growth, the company reported a negative EPS of $-0.08, indicating a net loss for the quarter.
Q3 2022 Report: Another record revenue was achieved, reaching $63.1 million, with a sequential growth of 14% and an impressive YoY growth of 1,093%. The company's EPS improved slightly to $-0.07 but still remained negative. The fourth quarter revenue is expected to be lower, ranging between $51 million and $54 million, as a launch customer's push extends into 2023.
Q4 2022 Report: The company's revenue for Q4 reached $51.8 million, showing a healthy year-over-year growth of 88%. The full-year revenue for fiscal 2022 amounted to $211 million, reflecting substantial growth of 239% compared to the previous year. The EPS remained negative at $-0.08.
Q1 2023 Report: The revenue for Q1 2023 was $54.9 million. Increasing revenue by 35% in the first quarter of 2023. Revenue from their launch business was $19.6 million, up $12 million from the prior quarter. Their EPS was $-0.08, indicating strong maintenance of their business. The second quarter is expected to show a significant revenue increase, with an estimated range of $60 million to $63 million.
Now, what does this all tell us? Firstly, they were very forthcoming with the quarterly expectations. Something one might think is not a big deal, but considering how a lot of publicly traded companies operate, this is a good thing. In each of their earnings reports, they have nearly exactly estimated their results, showing they are not attempting to mislead investors. The company has experienced impressive revenue growth throughout the reported quarters, indicating strong market performance and demand for its products/services. However, the negative EPS values suggest that the company is still operating at a net loss. From a shareholder’s perspective, the company's focus should be on achieving profitability and reducing the negative EPS, while maintaining consistent revenue growth. In my opinion, this stock is sitting just below a fair market value for what it is right now, sitting at just over $4, considering they are not fully profitable. Yet Rocket Lab continues to grow its business, making more contracts, and it stands a competitive chance. If they can turn a profit within 2-3 years, I think they will be one hell of a company. With their competitors failing left and right and none finding the success as Rocket Lab—other than Space X—they could stand to be a massive company in a few decades, so massive, they’re bigger than Earth.
One last financial point to touch upon… shorting, so here is some data, which is roughly one month outdated due to my difficulty in finding up-to-date information on the company without a Bloomberg Terminal (So, if anyone on the sub has access to a Bloomberg Terminal and would like to add to my DD in the comments, please do).
Last Record Date: May 15, 2023
Outstanding Shares: 478,660,000 shares
Float Size: 262,310,000 shares
Short Percent of Float: 9.80% (The short percent of float represents the percentage of shares available for trading that have been sold short).
Average Trading Volume: 4,044,396 shares
Current Short Volume: 25,710,000 shares
Previous Short Volume: 24,630,000 shares
Change Vs. Previous Month: +4.38%
Dollar Volume Sold Short: $111.58 million
Short Interest Ratio / Days to Cover: 7.7 (This ratio indicates the number of days it would take for the short sellers to cover their positions based on the average daily trading volume.).
The short interest in Rocket Lab has increased from the previous month, with a change of +4.38%. The short percent of the float is 9.80%, indicating that a significant portion of the available shares for trading has been sold short. Now, Rocket Lab’s short interest is relatively low for a company that has had consistent negative EPS and revenue. Showcasing that the big players in markets either A) believe this company will make a massive turnaround in the near future (1-3 years mark) or B) Rocket Lab, due to its size, is thankfully not on their radar. However, that said, the off-exchange short percentage is 57.69%, showcasing that A) public on-exchange short volume is a complete hoax and Hedge Funds, and other big players are beating down on the stock or B) all of this information is completely misrepresented to retail traders on purpose and the entirety of the United States market system is a complete farce.

Section 3: Future Prospects & Big Moves

Rocket Lab has demonstrated strong performance and growth potential in the emerging small satellite launch market. The company continues to refine its launch processes, aiming to increase launch frequency and reduce costs further. Additionally, Rocket Lab has plans to develop a larger reusable rocket called Neutron, targeting the medium-lift market segment, which would expand its capabilities and market reach. The company has the potential to be the go-to company for low Earth orbital launches in the short term and in the long term, one of, if not the go-to company, for transportation to the Moon, Mars, and Venus.
Peter Beck, founder and CEO of Rocket Lab, did an interview last month on his take on the industry and their future prospects. I wanted to touch briefly on this (you can find the video on YouTube).
Firstly, the video begins with the commentator stating, "With the Space Race this week," the Space X rocket, the most powerful ever built, has scrubbed its launch. While Rocket Lab is adding a new service for testing hypersonic sub-orbital launches, being a welcome addition to the company’s wide array of services. Beck states that it is a very exciting time, stating that “the United States is kind of lacking behind in hypersonic technologies and this is a great opportunity to have high cadence, test flight environment for these payloads to really move forward the US’s hypersonic research.” He goes on to talk about how these capabilities are essentially repurposed from Rocket Lab’s Electron Rocket capabilities: “We take a standard Electron orbital-class launch vehicle and we fly it in some really unique trajectories to provide these hypersonic trajectories… it is taking an Electron and making a couple wee tweaks to it and having a great high frequency hypersonic testing platform that hasn’t existed.” Beck goes on to speak on the launch cadence “being on target for 15 flights” this year with the fastest turn around this year being 7 days between flights, saying “the machine is cranking and the vehicles are flying successfully and the last flight was a reusable vehicle and we splashed that down successfully and now we’re kind at the point where we are recycling and harvesting engines and components off of those launch vehicles and getting ready to put them back into service and re-fly them.” He continues, stating, “I’m not sure if I’m allowed to say exactly, but… a whole multiple gambit of reused components that are all now re-entering the production line and going back into service.” Morgan Brennan, the interviewer then speaks to how there is this emerging mismatch between supply and demand when it comes to the satellite launch market, with the fact that there are so many satellite constellations that are poised to go into orbit in the coming years and not enough capacity in terms of launching them. So, she then asks about the reusability of Electron and the development of the Neutron. Beck states that, “Electron is really serving that market very well, and there are lots of flight opportunities that are sort of just doing its thing, Neutron is the new flight opportunity for us… 2026 to 2030 timeframe there is a massive deficit in launch and there are lots of constellations that are all really vying for an ability to get in orbit, so we saw that coming and started work on the vehicle and hopefully we can bring it into service in 2024 and really solve some of those problems and take advantage of that market opportunity.”
Now, I don’t have to tell you all that this is very good to hear from Beck and this is very exciting, showcasing that he really believes Rocket Lab can penetrate this market and become a big player in the ever-evolving industry.
Rocket Lab Making Big Moves Lately:
· Bought SPCE launch platforms in Florida, this was a big win for the company, and folk on the sub were very excited to see this happen. Yay! But, sad and unfortunate for Virgin Galactic, which I am sure many of us space enthusiasts had higher hopes for, oh well, not everyone can achieve their dreams.
· Rocket Lab reached a new Company record of nine launches within a calendar year.
· Achieved a record of 100% mission success for Electron launches for the year.
· Successfully launched CAPSTONE mission to the Moon for NASA, including the first demonstration of Lunar Photon spacecraft platform.
· Successfully deployed two satellites to space for NASA’s TROPICS mission on the first of two dedicated launches on Electron for the constellation scheduled in May 2023.
· Secured another NASA mission to Electron’s 2023 launch manifest with its Starling mission. Rocket Lab was selected by NASA to launch the Starling mission on an expedited timeline due to long delays and uncertainty with the mission’s original launch provider.
· Signed multiple new launch contracts on Electron for 2023 for undisclosed commercial satellite customers previously manifested on another small launch vehicle, demonstrating Electron’s strong position as a reliable and dependable ride to orbit for small satellite operators.
· Introduced Rocket Lab’s new HASTE launch vehicle, a suborbital testbed launch vehicle derived from the Company’s Electron rocket to provide reliable, high-cadence flight test opportunities to support the development of advanced hypersonic systems technology.
· Announced that the Company will fly a pre-launched 3D printed Rutherford engine on an upcoming mission in Q3’23, a major step in evolving the Electron launch vehicle into a reusable rocket.
· Delivered financial results that exceeded the high end of prior guidance for revenue and gross margin.
· Launched three successful Electron missions in the first quarter for commercial constellation operators HawkEye 360, Capella Space, and BlackSky.
· Successfully completed the Company’s first launch from its U.S. launch site, Rocket Lab Launch Complex 2, at the Virginia Spaceport Authority’s Mid-Atlantic Regional Spaceport on January 24, 2023. The mission deployed three satellites for radio frequency geospatial analytics provider HawkEye 360.
· Successfully completed the Company’s fastest turnaround between launches to date – just seven days between its 34th Electron launch, “Stronger Together”, from Rocket Lab Launch Complex 2 in Virginia on March 16, 2023, and its 35th Electron launch, “The Beat Goes On”, from Rocket Lab Launch Complex 1 in New Zealand on March 24, 2023.
· Rocket Lab remains the only U.S. commercial small launch provider to successfully deliver satellites to orbit in 2023. Secured a multi-mission contract with Capella Space to launch four more dedicated launches on Electron in 2023.
· Achieved programmatic milestones for the Company’s two Photon spacecraft to support NASA’s ESCAPADE mission to Mars, and for the Photon spacecraft for a Varda Space Industries’ mission to manufacture high-value products in zero gravity. Both Photon programs include Rocket Lab star trackers, reaction wheels, solar panels, flight software, and radios – demonstrating the value and strength of the Company’s vertical integration and in-house supply chain.

Conclusion: An Ode to Humanity's Future

Rocket Lab has established itself as a leading player in the small satellite launch market, offering dedicated launch services tailored to the needs of small satellite operators. The company's technological capabilities, solid customer base, and innovative approach position it well for future growth.
Those who lived and grew up in the 1960s and 1970s believed that by the 21st century, mankind would be a space-faring civilization. People had a fascination with the unknown. It was embedded in pop culture, in movies like the 2001 Space Odyssey, Alien, and the Star Trek series. But the unfortunate truth is that after Apollo 17 on the 19th of December 1972, mankind has not left low-earth orbit. The American public lost interest, the government cut funding, and the Saturn V rockets were dismantled and replaced by space shuttles in the 1980s (spaceships not even built to leave low-earth orbit). The curiosity and desire to unravel the mystery of the universe are now again filling the hearts of people. Technology is becoming more advanced and cheaper.
With companies like Rocket Lab and Space X, the future is looking bright. We currently live in an era of mass information. One of the hardest aspects of life in the early-21st-century is learning how to filter all this information. The news of the accomplishments of Rocket Lab, Space X, Blue Origin, Lockheed Martin, Boeing, the Indian Space Research Organization (ISRO), the Chinese National Space Administration (CNSA), the European Space Agency (ESA), the National Aeronautics and Space Administration (NASA), and Space Force, are lost in the large volume of collective data. The average person does not believe how close we are to colonizing Luna and Mars; how close we are to becoming a multi-planetary species. If you walked up to someone on the street of New York City, today, and told them that in the mid-2040s, and by the latest, the 2050s, there will be hundreds if not thousands of people living in Earth's orbit, the upper atmosphere of Venus, the Moon, and Mars, the person would dismiss you in disbelief. But the same would have happened if you walked up to a person on the street of New York City on the 19th of July 1962 (before Kennedy’s speech) and told them that mankind would step foot on the moon in seven years. Companies like Rocket Lab, which will make orbital flight and transportation affordable, will allow for a new era of civilization, one which was only present and dreamed of in science fiction of the past.
The Earth, as imaged from the Voyager 1 spacecraft, was suspended in a sunbeam, as the interstellar craft exited the Sol system in 1990. Earth is nearly 4 billion miles away in this image. That is us. That is humanity, all of us that have thus far, ever existed. We take to the stars in search of not only answers but in search of a purpose.

Rocket Lab Due-Diligence (DD)

‘We Open Access to Space to Improve Life on Earth.’

Introduction

With the 2024 first launch of the Rocket Lab Mega Constellation Launcher—The Neutron—fast approaching, I decided it is high time for a more up-to-date DD on Rocket Lab. A lot is happening in the industry, the company, and the world. I have decided to dive into the future, fundamentals, industry, funding, financials, dreams, and of course, the memes of the aspiring space company. Now, I am posting my DD into both of the Rocket Lab subreddit, as I am new to writing DD and I want to hit as wide of an audience as I can. One disclaimer (for those who do not like stock talk), this DD is not meant to encourage buying of the stock, nor is it financial advice or a stock-only DD, I merely want to dive into this company and simply spark some discussion on it!
Now, Rocket Lab is a private aerospace manufacturer and small satellite launch service provider. The company was founded in 2006 by Peter Beck and is headquartered in Long Beach, California, with additional facilities in New Zealand and Australia. Rocket Lab specializes in the development and launch of small rockets capable of delivering payloads of up to 300 kilograms to low Earth orbit. Rocket Lab—self-designated as a leader in launch and space systems—is a company that has a chance at becoming a highly profitable giant over the next decade and beyond. In my honest opinion, Rocket Lab currently thrives off of the crumbs of the current space industry ecosystem. With Space X increasingly focused upon one goal—thanks to their controversial, yet nevertheless, fearless leader—being Mars, Rocket Labs can (and in my opinion will) become one of the go-to space companies for low earth orbit launches in the near term and in the long-term become one of the go-to space company for launches between the Moon, Venus, and Mars as well. Rocket Lab currently lives off of the crumbs left behind by NASA, Space X, and the United States military-industrial complex.
Like these two legends from the movie War Dogs, Rocket Lab is determined to become the go-to space company for transporting all types of goods into orbit. For those of you who have not seen the movie (I personally highly recommend it), essentially, when these two start their arms-dealing company, they focus upon all of the small contracts that the government is putting out for arms supplies. The contracts that the big players are ignoring, due to their small sizes, even so, these small contracts are worth hundreds of thousands to low millions. Now, this is where Rocket Lab currently lies in the industry.
\"A new space race has begun, and most Americans are not even aware of it. This race is not [about] political prestige or military power. This new race involves the whole human species in a contest against time.\" - Ben Bova
Now, before I dive into everything here, I need every to understand that this industry is on the verge of immense change and rapid evolution. We are currently in the first stage of the world’s Second Space Race. As a student of History, I can confidently tell you that there are murmurings within the historical community, that this is the case, beginning with the creation and success of Space X’s first reusable rocket: the Falcon 9. On December 21st of 2015, when the first Falcon 9 was launched and the landing was successful with the first stage fully recovered, the race began. In the same way that there is no single company above all others in the airline, shipping & transportation, or car manufacturing industries, is the same reason I do not believe that Space X will alone run the space industry’s transportation needs. There is plenty of room for companies like Rocket Lab to fill the gaps Space X cannot and in a decade’s time, there will be plenty of room for even more companies. Yet, there are no companies that are even close to competing with Space X—other than Rocket Lab—at this time. Now, I won’t go deeply into most of these competitors in this deep dive, but to be short, Astra is on the verge of total failure, Virgin Galactic has been playing an entirely different game—space tourism, which there is a massive market for, just perhaps won’t be penetrated by them—they likewise seem to be failing. While Blue Origin has been playing a strong game and Space X an even stronger one, albeit more and more focused solely on Mars as the years go on.
Here you can see the 1-year charts of Rocket Lab, Astra, Virgin, and Boeing for reference, as you can see, these charts speak volumes. Rocket Lab has been having a tough year but has found a nice bottom and is consistently bouncing from lows in the $2.92-3 range. While Astra has been reduced to a penny stock, with their future unknown. Virgin Galactic is only maintaining below Rocket Lab’s share price, partly due to the large number of Retail investors that do not know much and refuse to let it die, coupled with a small hope that the company can recover in the coming years. Boeing is here for reference as to what a successful, large-cap company involved in a similar industry (and the space industry as well), should look like over the course of a decent year.
Now, there are a few assumptions that I am making that we need to cover before diving into the real DD: Whether it be because we live in the beginnings of a second Space Race (fueled by privatized space companies and the world’s governments) or because of technological advancement and a rising interest in space, the increase in rocket launches, space development (in Earth’s orbit, the Moon, and Mars), and the lowering costs of space launches… it will become exponentially cheaper, easier, and faster to launch into orbit and the industry as a whole will have a massive boom—akin, in a way, to the industrial revolution—over the mid-to-late 2020s into the early 2030s. With the mid-to-end 2030s and early 2040s, we will see massive developments in terms of low-Earth orbit manufacturing facilities, tourist destinations, and stations, as well as settlements on the Moon for mining and refueling for greater exploration and colonization of the Sol System as a whole.
Now these are in part assumptions, but I think once one does the research and looks at the fact, all of this is very achievable. Even if it does not occur in this way, you can shift the dates by an additional decade and every time you do, the more likely, easier, and cheaper it all becomes.
Rocket Lab's business model revolves around providing cost-effective and frequent access to space for small satellite operators. The company aims to simplify the process of deploying satellites by offering dedicated launches on its Electron rocket. Rocket Lab operates as an end-to-end service provider, handling the entire launch process from mission planning and payload integration to launch and on-orbit operations.

Section 1: Rocket Lab Takes Flight! The Electron & the Neutron

‘Rocket Lab is an end-to-end space company delivering reliable launch services, complete spacecraft design and manufacturing, satellite components, flight software, and on-orbit management.’ – Rocket Labs
Rocket Lab's primary launch vehicle, the Electron, is a two-stage rocket powered by Rutherford engines, which use electric-pump-fed LOX/RP-1 propellants. The Electron is designed to optimize cost, flexibility, and rapid launch capability for small satellites. Rocket Lab has demonstrated numerous successful launches since its inaugural flight in 2017, showcasing its technological prowess and reliability. The small satellite market has been growing rapidly, driven by increased demand for data collection, communications, and Earth observation. Rocket Lab's focus on dedicated launches for small satellites positions it well to capture a significant portion of this expanding market. The company has already established a solid customer base, securing contracts with government agencies, research institutions, and commercial entities.
Rocket Labs—at the time of writing this—has had 37 launches—with a 91.89% success rate—deployed 164 satellites, operates 3 launch pads, and is maintaining 3 Photon Satellites in the Earth’s orbit. Of the 164 satellites launched by Rocket Labs, they were commissioned to do so by a wide variety of clients, from NASA, Space Force, DARPA, to Canon. Rocket Labs is supported by Future Fund: Australia’s Sovereign Wealth Fund, Khosla Ventures, Bessemer Venture Partners, Data Collective, Greenspring Associates, ACC, Promus Ventures, L One W One Ltd., and Lockheed Martin.
Rocket Lab’s main rocket, the Electron—built and operated by Rocket Lab—has flown 37 times and been successful 34 times, with only 3 failures. Rocket Lab’s key areas of business penetration lie in the launch of mid-sized service rockets, the manufacturing of space systems and satellites, and their adept ability to manufacture industrial space parts, applications, and proponents. The latter of which, they are sort of unopposed in terms of competition.
The Neutron—Rocket Lab’s medium-lift, mega constellation launcher—will be able to launch 13,000 kilograms into low Earth orbit and it will be …drum roll please… reusable! The current goal is for it to launch in 2024. It will be designed for not only low earth orbital supply missions, but also deep space missions, and even human spaceflight. It will be fairing a design allowing for full reusability of the first stage and it will be lightweight, being made of Rock Lab’s own carbon composite structure. The home base for the Neutron will be at the Neutron Production Complex and the launch pad at the NASA Wallops Flight Facility and Mid-Atlantic Regional Spaceport on the Eastern Shore of Virginia.
‘The Neutron Production Complex will be home to a rocket production, assembly, and integration facility, as well as a dedicated launch pad for the Neutron rocket located on the southern end of Wallops Island. The estimated 250,000 square-foot state-of-the-art complex will be constructed on a 28-acre site adjacent to the Wallops Island Flight Facility and will include a Launch Control Center, Rocket Lab’s fifth global operations center for launch activities and on-orbit operations. To support rapid production of the Neutron rocket, current plans for the complex include automated fiber placement robotic production systems capable of laying up meters of Neutron’s new, specially formulated carbon composite structures in minutes. As a reusable rocket, Neutron is designed to land back on the Launch Complex 3 pad after a mission and from there it would be returned to the production complex for refurbishment and re-flight.’
With Space X dominating large-load space orbital flight and transportation, Rocket Labs, in my honest opinion, is where Space X was roughly something like 6-8 years ago. While Rocket Lab intends to compete with Space X—whether it will be considered competition in an industry this brand new and small, time will tell—for cargo and humans to the low Earth orbit, the Moon, Mars, and even Venus! Space X and Elon Musk have made it abundantly clear that the goal of Space X is the large-scale settlement of Mars. While later models of Rocket Lab’s Neutron will be able to go to Mars and Venus, it appears that is not their main goal. In the near term (being the next two decades), they will be looking to dominate the low Earth orbit and Moon market as well as the manufacturing of industrial space parts, applications, and proponents.

Section 2: The Space Industry & Company Fundamentals

Rocket Lab faces competition from other commercial launch providers, such as SpaceX, Blue Origin, and Virgin Orbit. However, the company differentiates itself by specializing in small satellite launches, offering a tailored solution for this niche market. Rocket Lab's Electron rocket provides the advantage of dedicated launches and the flexibility to reach specific orbits, making it an attractive option for small satellite operators.
Rocket Lab has raised significant funding through various investment rounds, securing capital from venture capital firms, strategic partners, and government entities. Notable investors include Khosla Ventures, Bessemer Venture Partners, and Lockheed Martin. The company's ability to attract substantial investment indicates confidence in its business model and growth potential. Rocket Lab operates within the regulatory framework of the countries in which it launches its rockets. The company holds necessary licenses and approvals from government agencies, such as the Federal Aviation Administration (FAA) in the United States and the New Zealand Civil Aviation Authority (CAA). Compliance with safety regulations and adherence to environmental guidelines are crucial aspects of Rocket Lab's operations.
Despite its achievements, Rocket Lab faces several risks and challenges. The space industry is highly competitive, and the success of the company depends on its ability to secure launch contracts and maintain a steady launch cadence. Regulatory changes, launch failures, or delays could impact Rocket Lab's operations and reputation. Additionally, the emergence of new technologies or market disruptors could pose a threat to the company's market position
Now, let’s talk about the elephant in the room, the Quarterly Results. To preface, negative quarterly results mean—pardon my French—jack-shit (at least in the short term) for a company such as Rocket Lab, that is looking at penetrating a market such as the space industry. We are going to look at the past four Quarterly Results in chronological order.
Q2 2022 Report: Rocket Lab achieved record revenue of $55.5 million, showing significant growth compared to the previous quarter (36% sequential growth) and the same quarter in the previous year (392% YoY growth). Despite the revenue growth, the company reported a negative EPS of $-0.08, indicating a net loss for the quarter.
Q3 2022 Report: Another record revenue was achieved, reaching $63.1 million, with a sequential growth of 14% and an impressive YoY growth of 1,093%. The company's EPS improved slightly to $-0.07 but still remained negative. The fourth quarter revenue is expected to be lower, ranging between $51 million and $54 million, as a launch customer's push extends into 2023.
Q4 2022 Report: The company's revenue for Q4 reached $51.8 million, showing a healthy year-over-year growth of 88%. The full-year revenue for fiscal 2022 amounted to $211 million, reflecting substantial growth of 239% compared to the previous year. The EPS remained negative at $-0.08.
Q1 2023 Report: The revenue for Q1 2023 was $54.9 million. Increasing revenue by 35% in the first quarter of 2023. Revenue from their launch business was $19.6 million, up $12 million from the prior quarter. Their EPS was $-0.08, indicating a strong maintenance of their business. The second quarter is expected to show a significant revenue increase, with an estimated range of $60 million to $63 million.
Now, what does this all tell us? Firstly, they were very forthcoming with the quarterly expectations. Something one might think is not a big deal, but considering how a lot of publicly traded companies operate, this is a good thing. In each of their earnings reports, they have nearly exactly estimated their results, showing they are not attempting to mislead investors. The company has experienced impressive revenue growth throughout the reported quarters, indicating strong market performance and demand for its products/services. However, the negative EPS values suggest that the company is still operating at a net loss. From a shareholder’s perspective, the company's focus should be on achieving profitability and reducing the negative EPS, while maintaining consistent revenue growth. In my opinion, this stock is sitting just below a fair market value for what it is right now, sitting at just over $4, considering they are not fully profitable. Yet Rocket Lab continues to grow its business, making more contracts, and it stands a competitive chance. If they can turn a profit within 2-3 years, I think they will be one hell of a company. With their competitors failing left and right and none finding the success as Rocket Lab—other than Space X—they could stand to be a massive company in a few decades, so massive, they’re bigger than Earth.
One last financial point to touch upon… shorting, so here is some data, which is roughly one month outdated due to my difficulty in finding up-to-date information on the company without a Bloomberg Terminal (So, if anyone on the sub has access to a Bloomberg Terminal and would like to add to my DD in the comments, please do).
Last Record Date: May 15, 2023
Outstanding Shares: 478,660,000 shares
Float Size: 262,310,000 shares
Short Percent of Float: 9.80% (The short percent of float represents the percentage of shares available for trading that have been sold short).
Average Trading Volume: 4,044,396 shares
Current Short Volume: 25,710,000 shares
Previous Short Volume: 24,630,000 shares
Change Vs. Previous Month: +4.38%
Dollar Volume Sold Short: $111.58 million
Short Interest Ratio / Days to Cover: 7.7 (This ratio indicates the number of days it would take for the short sellers to cover their positions based on the average daily trading volume.).
The short interest in Rocket Lab has increased from the previous month, with a change of +4.38%. The short percent of the float is 9.80%, indicating that a significant portion of the available shares for trading has been sold short. Now, Rocket Lab’s short interest is relatively low for a company that has had consistent negative EPS and revenue. Showcasing that the big players in markets either A) believe this company will make a massive turnaround in the near future (1-3 years mark) or B) Rocket Lab, due to its size, is thankfully not on their radar. However, that said, the off-exchange short percentage is 57.69%, showcasing that A) public on-exchange short volume is a complete hoax and Hedge Funds, and other big players are beating down on the stock or B) all of this information is completely misrepresented to retail traders on purpose and the entirety of the United States market system is a complete farce.

Section 3: Future Prospects & Big Moves

Rocket Lab has demonstrated strong performance and growth potential in the emerging small satellite launch market. The company continues to refine its launch processes, aiming to increase launch frequency and reduce costs further. Additionally, Rocket Lab has plans to develop a larger reusable rocket called Neutron, targeting the medium-lift market segment, which would expand its capabilities and market reach. The company has the potential to be the go-to company for low Earth orbital launches in the short term and in the long term, one of, if not the go-to company, for transportation to the Moon, Mars, and Venus.
Peter Beck, founder, and CEO of Rocket Lab, did an interview last month on his take on the industry and their future prospects. I wanted to touch briefly on this (you can find the video on YouTube).
Firstly, the video begins with the commentator stating, "With the Space Race this week," the Space X rocket, the most powerful ever built, has scrubbed its launch. While Rocket Lab is adding a new service for testing hypersonic sub-orbital launches, being a welcome addition to the company’s wide array of services. Beck states that it is a very exciting time, stating that “the United States is kind of lacking behind in hypersonic technologies and this is a great opportunity to have high cadence, test flight environment for these payloads to really move forward the US’s hypersonic research.” He goes on to talk about how these capabilities are essentially repurposed from Rocket Lab’s Electron Rocket capabilities: “We take a standard Electron orbital-class launch vehicle and we fly it in some really unique trajectories to provide these hypersonic trajectories… it is taking an Electron and making a couple wee tweaks to it and having a great high frequency hypersonic testing platform that hasn’t existed.” Beck goes on to speak on the launch cadence “being on target for 15 flights” this year with the fastest turn around this year being 7 days between flights, saying “the machine is cranking and the vehicles are flying successfully and the last flight was a reusable vehicle and we splashed that down successfully and now we’re kind at the point where we are recycling and harvesting engines and components off of those launch vehicles and getting ready to put them back into service and re-fly them.” He continues, stating, “I’m not sure if I’m allowed to say exactly, but… a whole multiple gambit of reused components that are all now re-entering the production line and going back into service.” Morgan Brennan, the interviewer then speaks to how there is this emerging mismatch between supply and demand when it comes to the satellite launch market, with the fact that there are so many satellite constellations that are poised to go into orbit in the coming years and not enough capacity in terms of launching them. So, she then asks about the reusability of Electron and the development of the Neutron. Beck states that, “Electron is really serving that market very well, and there are lots of flight opportunities that are sort of just doing its thing, Neutron is the new flight opportunity for us… 2026 to 2030 timeframe there is a massive deficit in launch and there are lots of constellations that are all really vying for an ability to get in orbit, so we saw that coming and started work on the vehicle and hopefully we can bring it into service in 2024 and really solve some of those problems and take advantage of that market opportunity.”
Now, I don’t have to tell you all that this is very good to hear from Beck and this is very exciting, showcasing that he really believes Rocket Lab can penetrate this market and become a big player in the ever-evolving industry.
Rocket Lab Making Big Moves Lately:
· Bought SPCE launch platforms in Florida, this was a big win for the company, and folk on the sub were very excited to see this happen. Yay! But, sad and unfortunate for Virgin Galactic, which I am sure many of us space enthusiasts had higher hopes for, oh well, not everyone can achieve their dreams.
· Rocket Lab reached a new Company record of nine launches within a calendar year.
· Achieved a record of 100% mission success for Electron launches for the year.
· Successfully launched CAPSTONE mission to the Moon for NASA, including the first demonstration of Lunar Photon spacecraft platform.
· Successfully deployed two satellites to space for NASA’s TROPICS mission on the first of two dedicated launches on Electron for the constellation scheduled in May 2023.
· Secured another NASA mission to Electron’s 2023 launch manifest with its Starling mission. Rocket Lab was selected by NASA to launch the Starling mission on an expedited timeline due to long delays and uncertainty with the mission’s original launch provider.
· Signed multiple new launch contracts on Electron for 2023 for undisclosed commercial satellite customers previously manifested on another small launch vehicle, demonstrating Electron’s strong position as a reliable and dependable ride to orbit for small satellite operators.
· Introduced Rocket Lab’s new HASTE launch vehicle, a suborbital testbed launch vehicle derived from the Company’s Electron rocket to provide reliable, high-cadence flight test opportunities to support the development of advanced hypersonic systems technology.
· Announced that the Company will fly a pre-launched 3D printed Rutherford engine on an upcoming mission in Q3’23, a major step in evolving the Electron launch vehicle into a reusable rocket.
· Delivered financial results that exceeded the high end of prior guidance for revenue and gross margin.
· Launched three successful Electron missions in the first quarter for commercial constellation operators HawkEye 360, Capella Space, and BlackSky.
· Successfully completed the Company’s first launch from its U.S. launch site, Rocket Lab Launch Complex 2, at the Virginia Spaceport Authority’s Mid-Atlantic Regional Spaceport on January 24, 2023. The mission deployed three satellites for radio frequency geospatial analytics provider HawkEye 360.
· Successfully completed the Company’s fastest turnaround between launches to date – just seven days between its 34th Electron launch, “Stronger Together”, from Rocket Lab Launch Complex 2 in Virginia on March 16, 2023, and its 35th Electron launch, “The Beat Goes On”, from Rocket Lab Launch Complex 1 in New Zealand on March 24, 2023.
· Rocket Lab remains the only U.S. commercial small launch provider to successfully deliver satellites to orbit in 2023. Secured a multi-mission contract with Capella Space to launch four more dedicated launches on Electron in 2023.
· Achieved programmatic milestones for the Company’s two Photon spacecraft to support NASA’s ESCAPADE mission to Mars, and for the Photon spacecraft for a Varda Space Industries’ mission to manufacture high-value products in zero gravity. Both Photon programs include Rocket Lab star trackers, reaction wheels, solar panels, flight software, and radios – demonstrating the value and strength of the Company’s vertical integration and in-house supply chain.

Conclusion: An Ode to Humanity's Future

Rocket Lab has established itself as a leading player in the small satellite launch market, offering dedicated launch services tailored to the needs of small satellite operators. The company's technological capabilities, solid customer base, and innovative approach position it well for future growth.
Those who lived and grew up in the 1960s and 1970s believed that by the 21st century, mankind would be a space-faring civilization. People had a fascination with the unknown. It was embedded in pop culture, in movies like the 2001 Space Odyssey, Alien, and the Star Trek series. But the unfortunate truth is that after Apollo 17 on the 19th of December 1972, mankind has not left low-earth orbit. The American public lost interest, the government cut funding, and the Saturn V rockets were dismantled and replaced by space shuttles in the 1980s (spaceships not even built to leave low-earth orbit). The curiosity and desire to unravel the mystery of the universe are now again filling the hearts of people. Technology is becoming more advanced and cheaper.
With companies like Rocket Lab and Space X, the future is looking bright. We currently live in an era of mass information. One of the hardest aspects of life in the early-21st-century is learning how to filter all this information. The news of the accomplishments of Rocket Lab, Space X, Blue Origin, Lockheed Martin, Boeing, the Indian Space Research Organization (ISRO), the Chinese National Space Administration (CNSA), the European Space Agency (ESA), the National Aeronautics and Space Administration (NASA), and Space Force, are lost in the large volume of collective data. The average person does not believe how close we are to colonizing Luna and Mars; how close we are to becoming a multi-planetary species. If you walked up to someone on the street of New York City, today, and told them that in the mid-2040s, and by the latest, the 2050s, there will be hundreds if not thousands of people living in Earth's orbit, the upper atmosphere of Venus, the Moon, and Mars, the person would dismiss you in disbelief. But the same would have happened if you walked up to a person on the street of New York City on the 19th of July 1962 (before Kennedy’s speech) and told them that mankind would step foot on the moon in seven years. Companies like Rocket Lab, which will make orbital flight and transportation affordable, will allow for a new era of civilization, one which was only present and dreamed of in science fiction of the past.
​
The Earth, as imaged from the Voyager 1 spacecraft, was suspended in a sunbeam, as the interstellar craft exited the Sol system in 1990. Earth is nearly 4 billion miles away in this image. That is us. That is humanity, all of us that have thus far, ever existed. We take to the stars in search of not only answers but in search of a purpose.

Virtual 601163816078
Whatsapp: https://appoin.me/virtual_cjOW
Room Detail: https://appoin.me/rooms_v3HBn
Comfortable Private Fully Furnished Room For Rent ✨
ROOM: ✅ Room With Aircond ✅ Complete Bedding Set ✅ Chair ✅ Table ✅ Wardrobe ✅ Personal Fridge ✅ Smart Meter (Room electricity in individual room (whole room) is measured based on smart meter) ✅ Attached Personal Bathroom
COMMON AREA ✅ Washing Machine & Dryer ✅ Microwave & Induction Cooker ✅ Water Dispenser ✅ Main Door Smart Lock
Rental included 🔴 Fully furnished 🔴 FREE High Speed internet WIFI 🔴 Common Area Cleaning Service
📍 Perfect Location 📍 ➡️ Sunway Velocity Mall ➡️ Walking distance to MRT ➡️ swimming pool, gym, cinema & other facilites
Amenities: ➡️ 5 Minutes Walking Distance to LRT/MRT MALURI ➡️ 5 Minutes Walking Distance to AEON MALURI ➡️ 2 Minutes to SUNWAY VELOCITY MALL ➡️ 5 Minutes to IKEA & MyTownKL ➡️ 8 Minutes to ZOUK TREC ➡️ 10 Minutes to Pavillion ➡️ 15 Minutes to KLCC

• Monthly rental is depends on room type
• Queen bedroom can rent for 2 pax with additional RM100 per month

...

https://preview.redd.it/udh381yzad4b1.jpg?width=1280&format=pjpg&auto=webp&s=4a85325114387b7ae387aea387304e0298375057
TOP 10 Things to do in LONDON - [2023 Travel Guide]
🔥📚 LONDON PDF Guide 👉 https://amzn.to/3CcpXVt🔥
In this post, we'll show you the top 10 things to do in London. The suggestions are based on our many trips to this beautiful city. Don't forget to like this post, subscribe to our channel, and enable notifications. And share your own experience or ask a question in the comments below. This post is sponsored by GetYourGude, the best way to book your London experiences. The link is in the description. And stick around until the end because we have a bonus attraction for you. Here are our top 10 picks:
NUMBER 10: Big Ben and Palace of Westminster The Big Ben clock tower was completed in 1859. This British cultural icon is situated at the north end of the Palace of Westminster, which is the seat of the Parliament of the United Kingdom. The official name of the tower in which Big Ben is located was originally the Clock Tower and was oficially renamed to Elizabeth Tower in 2012. Did you know that Big Ben chimes every hour, and every 15 minutes smaller bells chime to indicate quarter hour? The Big Ben chimes can be heard up to 5 miles away. A few steps away from Big Ben you’ll also find an impressive gothic royal church, the Westminster Abbey.
NUMBER 9: Camden Town This former industrial economic base has been replaced by service industries such as retail, tourism, and entertainment. The area now hosts street markets and music venues strongly associated with the alternative culture. Visit the busy Camden Market, which got its name from what used to be a horse stable and hospital, located right next to Camden Lock. Don't skip Camden Market Buck Street, England's first market dedicated to the conscious consumer. There are many other impressive neighborhoods and streets worth exploring in London, like the upscale Soho close to Chinatown and Notting Hill, home to Portobello Road Market. But more about exciting places to shop and eat shortly.
NUMBER 8: Museums London is full of incredible museums, and most of them are free. You can start with The British Museum, founded in the mid-19th century. The museum is dedicated to human history, art, and culture. Did you know that it also displays the famous Rosetta Stone? This piece of rock with an inscribed slab became the key to unlocking the mysterious Egyptian hieroglyphs. Continue to the beautiful 19th-century Natural History Museum, exhibiting a vast range of specimens from various segments of natural history. You can even try the earthquake simulator recreating the 1995 Kobe, Japan earthquake or embark on other fun and educational adventures. And the impressive Science Museum is just around the corner. A great place to see, touch, and experience science first-hand. Of course, there are many other museums in London worth exploring.
NUMBER 7: Covent Garden Covent Garden is a car-free area next to the Royal Opera House, filled with luxury designer boutiques, craft shops, and booths. Conveniently located in close to London's famous theatres, Covent Garden also offers excellent dining options. Visit Covent Garden Market, a seven-day-a-week market that opened in 1845, and Jubilee Market, with a variety of goods sold throughout the week. There are many other markets in London worth exploring, offering everything from food to antiques and collectibles, like the Portobello Road Market, Borough Market, and many other places, including fascinating food courts. Check our travel guide for more suggestions. By the way, our mobile-friendly travel guide covers the top 20 things to do in London and things to know before you visit.
NUMBER 6: London Eye London Eye is a giant Ferris wheel on the South Bank of the River Thames overlooking Big Ben and Westminster. When it opened to the public in the year 2000, it was the world's tallest Ferris wheel. The structure is 443 feet or 135-meter-tall, and the wheel has a diameter of 394 feet or 120 m. London is full of other impressive views, that from London's Highest Public Garden - Sky Garden.
NUMBER 5: Little Venice Little Venice is a neighborhood centered on decorative houseboats and a partly tree-lined, three-way junction of canals. Little Venice is one of London's prime residential areas and contains restaurants, shops, theatres, and pubs. A refreshing site and something you do not expect to see in London. If you have time, explore the nearby Paddington basin with Floating Pocket Park.
NUMBER 4: Buckingham Palace Buckingham Palace is the most iconic royal building in the UK. It is the London residence of Her Majesty the Queen and is one of only a few working royal palaces left in the world. Don't miss the iconic ceremony of Changing the Guard, also known as Guard Mounting, carried out by soldiers on active duty from the Foot Guards. They have guarded the Sovereign and the Royal Palaces since 1660. Check the description box for the link to the updated guard mounting timetable. And while you are in the area, take a walk around beautiful St James's Park. And that brings us to GetYourGuide - the sponsor of this video. When you book experiences or tours, for instance, a guided tour to learn more about Buckingham palace and other parts and history of Royal London, you can effortlessly do that with GetYourGuide. You can even buy a London city pass, which allows access to other attractions around the city and enjoy a hop-on hop-off bus tour and skip-the-line privileges. Or you can book other exciting experiences. The choices are practically limitless anywhere you go since GetYourGuide covers over 3600 destinations worldwide with over 60,000 curated experiences. You might even find things you never knew existed. You can also book your next experience using your phone with an easy-to-use app and have your tickets ready right away with no printing and free cancelation up to 24 hours before your activity. Download GetYourGuide now and find your unforgettable experience in London. The link is in the description.
NUMBER 3: Shopping From high-end department stores to quirky boutiques, London is a shopper's paradise. One of the best places to start your shopping spree is Oxford Street, the busiest shopping street in Europe. Continue to the nearby SoHo neighborhood, home to a truly unique shopping experience, like the famous Carnaby shopping street or Liberty London. If you are in the area, visit the fashionable Regent Street that passes through Piccadilly Circus, also famous for dining and lifestyle. If you love luxury department stores, don't skip Harrods, with over 5000 brands selling everything from luxury accessories and clothing to the newest gadgets, prestigious furniture, and delicious food. There are many other places worth exploring, like the unique Cyber dog store in Camden with futuristic fashion, clubwear, and rave clothes. Check our travel guide for more information.
NUMBER 2: Parks & Gardens There are many impressive green areas in London worth exploring. Hyde Park is London's main park offering world-class events and concerts and plenty of quiet places to relax. Walk around Princess Diana Memorial Fountain or rent a boat to paddle around the lake. Don't skip the nearby royal Kensington Palace with the vast Kensington Gardens and picturesque Italian Gardens. Our favorite was The Regent's Park with plenty of paths and a green areas to relax. Walk around beautiful lakes and breathtaking gardens, including the Japanese Garden Island, and admire the animals.
NUMBER 1: Tower Bridge and Tower of London Tower Bridge crosses the River Thames and was built at the end of the 19th century. You can even take a boat ride that goes under Tower Bridge. Don't miss the two essential attractions nearby - the historic castle Tower of London from the 11th century, which is famous for holding many infamous prisoners as well as housing the crown jewel, and the remains of the Roman Wall built in the 2nd and 3rd century. Most of the buildings in London were destroyed throughout its 2000-year history. However, you’ll still find Roman and other ruins spread throughout the city that are still visible today. Check our travel guide for more suggestions. And here is the bonus attraction that we promised. Did you know that the Prime Meridian Line, an imaginary line like the equator dividing the earth into the eastern and western hemispheres, is located in Greenwich, a village near London? You can actually see the line and cross it. How cool is that? And while you are in the area, explore other attractions, like Cutty Sark, the iconic sailing ship, the fastest ship of its time. Continue to our video on what you should know before visiting London.

https://preview.redd.it/k501hko06d4b1.jpg?width=1280&format=pjpg&auto=webp&s=b94c81155b7733ac63d64c03d211cd90f8f5135f
TOP 10 Things to do in LAS VEGAS - [2023 Travel Guide]
In this post, we'll show you the top 10 things to do in Las Vegas. The suggestions are based on our many trips to this entertainment capital of the World. Don't forget to like this post, subscribe to our channel, and enable notifications. And share your own experience or ask a question in the comments below. This post is sponsored by GetYourGuide, the best way to book experiences in Vegas and around the World. Find links to presented attractions in the description. And stick around until the end because we have a bonus for you. Here are our top 10 picks:
NUMBER 10: Linq Promenade This open-air shopping, dining, and entertainment district, the high-energy LINQ promenade offers an array of diverse experiences all in one place. The plaza features around 40 shops, restaurants, bars, a live music scene, and other exciting attractions. For an electrifying experience, ride the Fly LINQ Zipline right above the promenade. You can fly seated, superhero, frontward, or backward at up to 35 miles per hour. With 10 side-by-side ziplines, you can even fly together with your family or friends. Also, be sure to check out the High Roller Ferris wheel which offers 360-degree views of Las Vegas Valley. Take a 30-minute ride in one of its 28 cabins, or even select one of their open-bar cabins or yoga class high above Vegas.
NUMBER 9: Neon Museum Las Vegas The Neon Museum offers a collection of iconic Las Vegas neon and other signs that were taken down when businesses, casinos, and other famous landmarks were closed, demolished, or renovated. It includes pieces from the 1930s to the present day. Neon Museum features a visitors’ center located inside the former La Concha Motel lobby, Neon Boneyard Main Collection, and North Gallery - an additional site for special events. For a truly unique experience, visit Neon Museum by night when several of the signs light up. Of course, there are other museums in Vegas worth exploring, like the Mob Museum with an insight into the worldwide impact of organized crime or National Atomic Testing Museum showcasing U.S. nuclear weapons testing programs through rare artifacts, like a nuclear reactor, atomic weapons, etc.
NUMBER 8: Unique Stores Vegas is a place full of unique stores that you will hardly find anywhere else in the World. Taste Coca Cola products from around the World in the Coca Cola store, and personalize your candies with messages, colors, and Las Vegas images in M&M’s World located right across The Park. Or experience a chocolate wonderland in Hershey’s Chocolate World, located right next to the Brooklyn Bridge and New York-New York. And even when you want to get a cocktail on the street, choices in Vegas are slightly different from other places in the States. You can, for example, order a yard-dog drink in one of Fat Tuesdays locations and explore the strip with your drink in your hand.
NUMBER 7: Food Experiences Las Vegas offers plenty of buffets and fast-food options and is even one of America's premier culinary destinations. Located in the Cosmopolitan Block 16 Vegas Urban Food Hall showcases curated eateries based in different U.S. states. Indulge in various mouth-watering specialties along with craft coffee, tequila, cocktails, and other beverages. Or if you prefer Italian cuisine, you can even shop for fresh Italian groceries at this 24-hour upscale food hall. Eataly at Park MGM houses restaurants, takeaway counters, a cafe, bars, and more. There are plenty of other upscale dining options to choose from in this part of the city, such as Gordon Ramsay Hell's Kitchen located in Caesar's Palace. If you prefer cheaper food options, explore Chinatown. Of course, there are many other unique bars and restaurants to discover. Check our travel guide for more suggestions. BTW, our mobile-friendly travel guide covers the top 20 things to do in Vegas and things to know before you visit, including itinerary suggestions and Google maps.
NUMBER 6: The Las Vegas Sign The “Welcome to Fabulous Las Vegas” sign was built in 1959 and is considered to be the official southern end of the Las Vegas Strip. Betty Willis, visual artist, and graphic designer, intended to design a unique sign in its shape, style, and content. You can find other similar signs all over Las Vegas, like variation of the sign “Welcome to Fabolous Downtown Las Vegas” on Fremont Street.
NUMBER 5: Hotels and Casinos Vegas offers an array of extravagant resort hotels and casinos. Most of them are located on The Strip, an approximately 4.2-mile- long stretch of South Las Vegas Boulevard. The hotels feature miles of indoor shopping areas full of designer stores, fancy restaurants, casinos, and entertainment areas. From Paris with the iconic Eiffel Tower replica, the Venetian that uses real Venice as a basis for its design and even houses the famous Madame Tussauds Museum, to New York New York with Statue of Liberty replica, Vegas is full of famous world landmark inspired casinos. The enormous MGM Grand offers trendy clubs, luxurious Caesars Palace was the first themed resort along the Las Vegas Strip and if you prefer fancier hotels, choose Waldorf Astoria Las Vegas, Vdara Hotel & Spa or Aria Resort & Casino. You can you also explore the newest hotels, like Resorts World Las Vegas or Circa Resort & Casino. If you want to gamble, attend a pool party, or just relax by the pool, there's a ton of places where you can do that. Countless concerts, pool parties, and other exciting experiences take place in Vegas all the time, day and night. It is no secret that Las Vegas is considered the world capital of entertainment. Almost every big hotel in Vegas offers a famous show or a concert on a regular basis. And if you are in the mood for shopping, explore Grand Canal Shoppes located within The Venetian Resort or The Forum Shops at Caesars. There are plenty of others shopping destinations, like the upscale Shops at Crystals in CityCenter complex or Miracle Mile Shops.
NUMBER 4: Adventures From supercar driving experiences, or even more exciting adventures, like Ziplining - there are countless activities to choose from in Vegas, depending on your mood. You can even take a helicopter tour to experience Vegas from a different angle or go all the way to Hoover Dam. Although Vegas is considered the playground for adults, there is an abundance of fantastic activities for children. If you're looking for family fun and an amusement park vibe, don't skip Adventuredome located inside Circus Circus, an indoor theme park with fun rides, game arcades, and miniature golf. And that brings us to GetYourGuide - the sponsor of this video. When you book experiences, for instance, High Roller Ferris wheel, you can effortlessly do that with GetYourGuide. You can embark on a night hop-on hop-off bus tour, go crazy at party crawl or even book a day trip. The choices are practically limitless anywhere you go since GetYourGuide covers over 3600 destinations worldwide with over 60,000 curated experiences. You might even find things you never knew existed. You can also book your next experience using your phone with an easy-to-use app and have your tickets ready right away with no printing and free cancelation up to 24 hours before your activity. Download GetYourGuide now now and find your unforgettable experience in Vegas. The links are in the description.
NUMBER 3: SkyPod SkyPod, located in the The Strat Hotel, formerly the Stratosphere tower is the tallest freestanding observation tower in the U.S. and features one of the highest thrill rides in the World - X-Scream. Their SkyJump holds the Guinness World Record as the highest commercial decelerator descent facility.
NUMBER 2: AREA15 AREA15 is a destination, an experience, and a platform all in one, opened just a few years ago. It is supposed to be the first experiential retail-entertainment complex in the World. Besides its innovative technology, AREA15 offers experimental entertainment, live events, immersive shopping, extraordinary art installations and design elements, exciting dining options, and a customizable indoor and outdoor event space.
NUMBER 1: Downtown Las Vegas Downtown Las Vegas is an area located in the northern part of the city. Fremont Street is a street in downtown Las Vegas. It was the city’s original center and home to the first famous casinos, such as Binion’s Horseshoe, Eldorado Club, and Fremont Hotel and Casino. Part of the street is covered by an enormous LCD display featuring Viva Vision light shows, SlotZilla Zip Line, and concerts. Container Park is an open-air sustainable shopping complex that consists of boutiques, restaurants, bars, and galleries built from shipping containers.
Don’t skip a vast praying-mantis sculpture that shoots flames from its antennae. Of course, there are other interesting neighborhoods to discover, like bohemian Arts District, a vibrant cultural hub is located right next to Downtown or Chinatown with many shops and eateries. And here is the bonus that we promised. There are many impressive places around Vegas to discover. Don’t skip Hoover Dam, one of the largest dams in the World. When it was completed during Great Depression in 1936 it was the tallest dam in the World. Red Rock Canyon is another beautiful scenic area, a popular place for hiking, biking, and rock climbing. And if you have some time left, don’t skip Death Valley with Badwater Basin, the lowest point in North America. Continue to our video on things you should know before visiting Vegas.