Jason Hall

If not, it's going to be impossible to have any pricing power in what ultimately, I think, is going to be a commodity.

That's just selling compute cycles if you can't show customers a reason to pay up.

The thing that I keep coming back to is, the first semiconductor came out of a Bell Labs laboratory back in the 1940s.

How early are we on quantum?

Is it going to be one of these working-out-of-a-garage startups, a la Apple or HP, that's really going to be the winner?

We have some giants in the tech world, some real whales in the tech ocean, like Alphabet and IBM, and even Nvidia, that's made its share of seed investments in quantum computing.

Is that where investors should really be looking?

That's right.

A lot of the opportunities in space are increasingly from private companies.

But the U.S.

federal government and other governments are still big players and big spenders here.

I think increasingly, we may see that with more partnerships with private companies.

What's going on there for Rocket Lab?

Rocket Lab has also made some progress beyond just its Electron small launch system.

That's the bulk of its business right now.

The Haste hypersonic platform has also launched multiple missions.

And I think the next big thing that's so exciting to me

They just opened up their test site for Neutron.

That's their reusable medium lift platform.

They say they're still on track to deliver and launch the first Neutron early next year.