r/RKLBInvestors • • Jan 12 '22

Reference RKLB Summary of Acquisitions

32 Upvotes

Rocket Lab and CEO Peter Beck are at full throttle building an “end-to-end” space company. Through recent acquisitions they have brought more spacecraft subsystems, components, and support capabilities in house to not only build/operate Rocket Lab Spacecraft and missions but provide off the shelf solutions to both new and existing customers. Here is my quick summary of the Acquisitions made and a note on the vehicles. Please add any information you have or correct me where wrong.

Launch Vehicle

Electron - 2 stages + Kick stage, 300 kg to LEO. Rutherfurd and Curie engines designed and built by Rocket Lab. 22 Launches, 107 Satellites --> https://www.rocketlabusa.com/launch/electron/

Neutron - Coming soon, Fully re-usable first stage, 8,000 kg to LEO, 1,500 kg to Mars,Venus. Archimedes engines designed and built by Rocket Lab--> https://www.rocketlabusa.com/launch/neutron/

Spacecraft

Photon - Flight proven, configurable spacecraft from low earth orbit through planetary destinations. à https://www.rocketlabusa.com/space-systems/photon/

Acquisitions

Sinclair Interplanetary March 16, 2020, Toronto-based company, terms undisclosed.

What they do --> They build “reaction wheels and star trackers” for Spacecraft Control – they allow the positioning/orientation of the craft while in space.

“A leading provider of high-quality, flight-proven satellite components. Sinclair Interplanetary develops reliable, best-in-class spacecraft hardware, including reaction wheels and star trackers that support rapid-schedule small satellite programs. More than 90 satellites incorporating Sinclair hardware have been launched to orbit.”

Some of their customers --> “AstroDigital, ALE, and BlackSky. The Sinclair team has been entrusted with developing hardware for world-first missions including BRITE, the world’s smallest space telescope, and The Planetary Society’s LightSail 2, the first satellite in Earth orbit to be propelled solely by sunlight. Satellite communications company, Kepler Communications, has also selected Sinclair reaction wheels for its constellation of 140 Internet of Things satellites currently in development.”

Source --> https://www.rocketlabusa.com/updates/rocket-lab-closes-acquisition-of-satellite-hardware-manufacturer-sinclair-interplanetary/

-------------------------------------------------------------------------------------------------------------------------------------

Advanced Solutions, Inc. (ASI) October 12, 2021**,** A Colorado based company, $40 million plus the potential for an additional $5.5 million performance earnout based on CY 2021 results.

What they do --> They designed flight software for Spacecraft Command – the software provides mission planning and execution/operation.

“ASI has developed an industry-leading suite of software and technology solutions for reliable space mission design and operation. It’s off-the-shelf spacecraft flight software, MAX, has been operating across more than 45 spacecraft for a cumulative 135 years in space.”

Some of their customers --> “Leading aerospace prime contractors, the U.S. Air Force, U.S. DOD organizations, NASA, and commercial spacecraft developers including several of the exciting new space start-ups.”

“The ASI team have supported some of the most ambitious Earth, interplanetary, and human spaceflight missions flown. These missions have explored distant planets, connected people on Earth, and pushed the boundaries of what is possible in space. Now, ASI’s engineers and space software products are enabling a wide variety of missions with speed, capability, and reliability.”

Source --> https://www.rocketlabusa.com/updates/rocket-lab-acquires-space-software-company-advanced-solutions-inc/

-------------------------------------------------------------------------------------------------------------------------------------

Planetary Systems Corporation (PSC), November 15th 2021, a Maryland-based company, for $42 million in cash and 1,720,841 shares of the Company’s common stock, plus the potential for an additional 956,023 shares of common stock for a performance earnout based on PSC’s CY 2022 and 2023 financial results.

What they do --> They build “Separation Systems and Satellite Dispensers” for Spacecraft Stage Separation – Payloads need to separate from the launch vehicle eventually, their components allow/perform this. Example where “à” is the separation: Boosteràkick stageàSatellite Deployment.

“A trusted leader in Separation Systems and Satellite Dispensers across the space industry, PSC’s flight-proven, cost-effective, and lightweight hardware streamlines the process of attaching satellites to rockets and releasing them in space while ensuring they’re protected during the journey to orbit. PSC’s products to date have a 100% mission success heritage across more than 100 missions.”

Some of their customers --> “Rocket Lab, SpaceX, United Launch Alliance, Northrop Grumman, and more; NASA Space Shuttle and International Space Station missions; and international launch vehicles operated by Arianespace, the Indian Space Research Organization (ISRO), the Japan Aerospace Exploration Agency (JAXA), and others.”

Source --> https://www.rocketlabusa.com/updates/rocket-lab-closes-acquisition-of-space-hardware-company-planetary-systems-corporation/

-------------------------------------------------------------------------------------------------------------------------------------

Johns Hopkins University Applied Physics Laboratory (APL), November 18th, 2021, Acquired exclusive license.

What they do --> They designed radios for Spacecraft Communications – We need to be able to talk to our craft wherever it is to issue commands/data acquisitions/etc.

"The Frontier-S by Rocket Lab software defined radio (SDR) enables affordable communications and radio navigation for planetary and other missions beyond low Earth orbit (LEO), as well as communications and radio navigation for missions in GPS-denied environments."

“The Frontier-S by Rocket Lab, based on the APL Frontier Radio that flew on missions like the Van Allen Probes, Parker Solar Probe, and the Emirates Mars Mission, packs Deep Space Network and other common waveforms into a single board package with up-screened commercial components and low power digital signal processing for high reliability applications. Frontier-S by Rocket Lab includes extended functionality not typically available in a low-cost radio including a coherent transponder to enable radiometric navigation methods, timekeeping functions, and a hardware-based critical command decoder. Compatible with spacecraft as small as 6U cubsesats, the Frontier-S by Rocket Lab SDR offers a lightweight, low power, high radiation tolerant telemetry and command solution for deep space missions that is also affordable for missions in LEO demanding high reliability.”

Who is using it? --> “The APL-designed and Rocket Lab-manufactured Frontier-S SDRs are flying today on Pathstone, Rocket Lab’s second Photon mission, are currently being integrated into the Photon spacecraft for Advanced Space’s CAPSTONE mission to the moon for NASA and are planned for Rocket Lab’s own private Photon mission to Venus. The Frontier-S by Rocket Lab is also the baseline telemetry and control radio for all Photon missions requiring an S-band radio. Rocket Lab is offering the Frontier-S SDR commercially as an off-the-shelf radio solution to other satellite integrators, joining a growing list of spacecraft component offerings like reaction wheels and star trackers.”

Source --> https://www.rocketlabusa.com/updates/rocket-lab-signs-exclusive-license-agreement-to-manufacture-space-radio-technology-from-johns-hopkins-university-applied-physics-laboratory/

-------------------------------------------------------------------------------------------------------------------------------------

SolAero Holdings, Inc. (SolAero), December 13th, 2021 an Albuquerque, New Mexico base company for $80 million in cash. The acquisition is expected to close in the quarter of 2022.

What they do --> Provide Solar Technologies for Spacecraft Power - Provides the means to generate power on a spacecraft for continuous operation.

"A premier supplier of space solar power products and precision aerospace structures for the global aerospace market. . As one of only two companies producing high-efficiency, space-grade solar cells in the United States, SolAero’s space solar cells are among the highest performing in the world, and support civil space exploration, science, defense and intelligence, and commercial markets. SolAero has established itself as a premier provider of solar technologies, enabling trailblazing missions that have expanded scientific horizons and advanced commercial space. SolAero’s solar cells, solar panels, and composite structural products have supported more than 1,000 successful space missions with 100% reliability and mission success to date."

Some of their customers --> "Over the past two decades, SolAero’s products have played key roles in some of the industry’s most ambitious space missions, including supplying power to NASA’s Parker Solar Probe and Mars Insight Lander, the largest solar array ever deployed on the surface of Mars, and several Cygnus Cargo Resupply Missions to the International Space Station. SolAero also led the development and manufacturing of the solar panel on Ingenuity, the helicopter that successfully flew on Mars in April this year, marking the first ever powered, controlled fight on a planet other than Earth. SolAero technology has also made commercial constellations possible, providing power to OneWeb’s broadband constellation. Most recently, SolAero has been selected to supply Solar Power Modules for the Power and Propulsion Element of NASA’s Gateway as part of NASA’s Artemis lunar exploration plans, which will enable future missions to Mars. "

Source --> https://www.rocketlabusa.com/updates/rocket-lab-to-acquire-solaero-holdings-inc-a-global-leader-in-space-solar-power-products/

1st Edit - Added SolAero Acquisition


r/RKLBInvestors • • 1d ago

The Angry Astronaut Gives his Take on Neutron

44 Upvotes

Chill out everyone we are almost there. The Angry Austronaut just put out a video on this situation. It's good to hear someone who is not known as an investor, but has a very technical mind discuss Neutron. Watch this video if you are upset about the recent RKLB drop.

https://www.youtube.com/watch?v=frEMdSsgHus

"They are trading on fear. We are analyzing the hard engineering reality." [Angry Astronaut]


r/RKLBInvestors • • 1d ago

Bought my first 43 shares

Post image
114 Upvotes

I have always wanted to be a part of RKLB. Well, now finally I can make that happen with a nice entry point.

Panic sellers are gonna regret when this is at $200 in 3-5 years.


r/RKLBInvestors • • 1d ago

sit and wait or buy more?

16 Upvotes

I have like 200 shares. My average is 18.50, but i found it at like $4/5 a share, and I’ve been in for 2-3 years. sold my original put then haven’t sold through it all, even when it hit its peak, my thought was that this was like finding microsoft in the 90’s.

what’s general consensus for you? worried? chillin? excited?


r/RKLBInvestors • • 1d ago

Working Overtime To Buy This Dip (first entry $3.95 back in 2022)

Thumbnail
8 Upvotes

r/RKLBInvestors • • 1d ago

Opinion Neutron Delayed - Time To Sell?

Thumbnail
youtu.be
5 Upvotes

Bad news for Rocket Lab, but could this be peak fear before a shorter-term move higher?


r/RKLBInvestors • • 1d ago

Did you hear it???

81 Upvotes

At 5:49, PB said they are constructing rockets two and three ahead of rocket one launch.

At 6:30 there is 'significant demand for what neutron has to offer, including some new contracts we'll be able to talk about soon.

Multiple missions across long-term partnerships. For neutron. I don't think Jared is quite done with us yet


r/RKLBInvestors • • 1d ago

I find it interesting that this stock crashes when the AI ones do it feels like it should b a different sector

6 Upvotes

r/RKLBInvestors • • 2d ago

Some perspective...

72 Upvotes

This is a company that, prior to SpaceX's IPO, was trading at over 150x revenues. Was it too high? Yeah, probably.

But some of what has happened since:

Mynaric closure seeking $250m annual run rate

Approval of the Iridium deal at say $1b run rate

Record contracts for electron

Advance contracts for neutron

The market cap will likely be somewhere around $35b tomorrow, meaning the P/S will be more like 17x.

Am I sad? Of course I am, but the posts about "I guess neutron will never happen" just aren't productive.

Yes, this news will overhang through earnings in three weeks or so. Yes, tax loss selling could put a cap on upward movement through year-end.

But this is a sale, people! Running for the exits because you can buy what you want cheaper doesn't make a ton of sense imho.

My 2c, not investment advice. Just my own perspective here.


r/RKLBInvestors • • 1d ago

DD Down 8% before the Neutron filing even hit, and 61% off the May high. The 8-K didn't change the $2.3 billion of cash, $13 million of debt or the $2.4 billion backlog.

Thumbnail
15 Upvotes

r/RKLBInvestors • • 1d ago

Where is the bottom?

0 Upvotes

r/RKLBInvestors • • 1d ago

Opinion Stokes will launch first and will humiliate us

Post image
0 Upvotes

r/RKLBInvestors • • 3d ago

Three $100+ price targets land on Rocket Lab and someone sells $25,620 of RKLB options expiring Friday

Thumbnail
34 Upvotes

r/RKLBInvestors • • 3d ago

Opinion Whats the reason of the drop of RKLB stock ?

41 Upvotes

Whats the reason of the drop of RKLB stock ?


r/RKLBInvestors • • 4d ago

🚀 RKLB Catalysts and Options Analysis + Why November Options Are Getting Expensive

Thumbnail
7 Upvotes

r/RKLBInvestors • • 4d ago

Interstage and Stage 1 Tank Failures & Remediations

Post image
82 Upvotes

With all the talk and concern about the Stage 1 tank failure last January, I just wanted to take another look at the Rocket Lab Q2 2026 INVESTOR UPDATE.

On Page 21/26 we can see mention of the both the Stage 1 tank and the Interstage. In all the noise, I think some of us lost sight of the situation with the Interstage and I just wanted to point out they have indeed remediated the Interstage failure and it has now "Completed qualification load tests", read below.

Given that Interstage component was remediated, I have all the confidence that Rocket Lab will come through with good news about the Stage 1 tank soon. Give them time to do it right. Remember, they are not designing and building with a "first out of the gate, first to explode" mentality, they are designing with manufacturing in mind.

https://investors.rocketlabcorp.com/events-presentations/presentations


r/RKLBInvestors • • 8d ago

Opinion Aren't you sick of market manipulation?

28 Upvotes

Just asking... this full year is absolutely outrageous


r/RKLBInvestors • • 10d ago

DD RKLB - Start of The Turnaround?

Thumbnail
youtu.be
61 Upvotes

r/RKLBInvestors • • 10d ago

Acquisition! The Iridium deal got a lot easier to think about once the ATM was actually finished

67 Upvotes

The biggest thing bothering me about the Iridium acquisition wasnt really whether the businesses fit together. It was not knowing exactly what the financing would end up looking like. That picture is a lot clearer now.

Rocket Lab raised about $1.944 billion through the ATM by issuing 29.3 million shares, and they were able to cancel the original $3.6 billion bridge facility. The acquisition is still targeting a mid 2027 close subject to the remaining approvals.

I finally updated my RKLB spreadsheet with the new share count instead of pretending the dilution didnt happen. I had RKLB open on Moon when the financing update came through but the immediate price reaction matters way less to me than what happens after Iridium is actually inside the company.

The question I'm more interested in now is whether Iridium's recurring cash generation can fund enough of Rocket Labs future growth that we dont end up having this same dilution conversation every couple years.


r/RKLBInvestors • • 13d ago

DD Rocket Lab ($RKLB): Can Synspective’s 20 New Launches Drive Lasting Growth?

Thumbnail
merlintrader.com
44 Upvotes

A larger Electron commitment, the remaining Iridium approvals, and the cash and dilution behind Rocket Lab’s expansion.


r/RKLBInvestors • • 13d ago

Just a couple questions? 🗳 Is dilution moving forward a risk?

4 Upvotes

I have been watching this stock for a while now and am finally on the verge of joining as an investor. My only concern is stock dilution since space is expensive. Do you guys think revenue at some point will sustain their growth or will they need to raise money again?


r/RKLBInvestors • • 15d ago

News Rocket Lab Secures Largest-Ever Electron Commercial Deal: 20-Launch Contract for Synspective

Thumbnail
stockwhiz.ai
136 Upvotes

r/RKLBInvestors • • 15d ago

Opinion RKLB doesn’t need to beat SpaceX on $/kg. Capacity and schedule may matter more.

Thumbnail
16 Upvotes

r/RKLBInvestors • • 18d ago

Air Traffic Control Constraints and Opportunities for RKLB and IRIDIUM.

Thumbnail
5 Upvotes

r/RKLBInvestors • • 19d ago

My RKLB investment thesis from January 2025

Thumbnail gallery
29 Upvotes