Peter Beck

Well, thanks very much, Ed.

I think you did a fantastic introduction, by the way.

There's not much more to be said, but...

Yeah, yeah, done.

We're good to go.

No, I mean, so what we're really trying to build here is an end-to-end space company.

So what that means is that, you know, providing services directly from space and everything below that.

You mentioned launch.

Obviously, launch is the keys to space and the ride to space.

Then satellites are obviously the systems that provide the services.

Then ultimately, if you go up one level higher, it's actually the services from space.

Our thesis here is that if you can build the satellites and vertically integrate all your own components and then vertically integrate your own launch, then your ability to provide services from space is obviously an advantage to somebody who has to go and buy all that stuff either from you or others.

So, you know, that's kind of the end goal for the company and we're sort of methodically, you know, step after step pushing towards that.

And, you know, as you mentioned, you know, now we're one of the largest component suppliers in the space industry.

I think something like 30% of everything that went to space last year had a Rocket Lab logo on it somewhere.

And, you know, we build the satellites and the spacecraft and the rockets and everything in between.

They range from the full end of the spectrum.

So on the launch side, we have launched a little CubeSat for a bunch of Californian high schools.

And then we also, with the same product, launch the most important national security missions where lives are dependent on it.

So, you know, that's kind of the beauty of the business is that, you know, and of the space industry is that it really does cover a tremendous swath of different applications.