Peter Beck

speaker
64 appearances 1 recordings 1 series first heard Jun 2026 last heard 29 Jun

Peter Beck’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.

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our our kind of interest in into applications and you know it's a it's a wonderful business to build upon but our intention here is to to you know leverage the spectrum and and what iridium have built to you know provide a whole bunch of new services.
Yeah, sure.
So I mean I think um, you know, just the economics alone uh and the the synergies alone when you have uh, you know, control over the most expensive and and the most longest lead time items being launched in spacecraft manufacture.
I think that just puts you know, that that level of vertical integration just puts everybody into a a a totally different league.
So, you know, instead of scratching out business plans on a whiteboard where you have to spend billions of dollars
dollars on launch and spacecraft manufacturing when all of a sudden that those costs evaporate, um, you know, your ability to innovate and uh and and execute different business plans becomes, you know, vastly superior.
Yeah, initially for sure.
Um, you know, Rocket Lab is a is a very strong balance sheet, um and uh, you know, Iridium historically has had uh had some debt, um, but of course, you know, it's throwing off a lot of cash to service it.
But um, you know, uh you know, we we we have a uh you know, a debt bridge that we you know we intend to take out.
Look, I mean the the the Achilles heel in in space applications and space infrastructure right now is launch.
Um you know, launch is an incredibly valuable and rare asset.
And you know, as I mentioned before, where the we we launched the electron rocket, which is the second most frequently launched rocket in the world, and neutron's coming online by the end of the year.
Um and uh you know, luckily uh also, you know, the Iridium constellation, it's a relatively fresh constellation.
So
So it doesn't require immediate launch.
There's a a number of years uh left in that constellation or over a decade.
Um so we've got a little bit of time to refresh the constellation.
But I mean, you know, we we can throw stuff up uh with uh either electron or neutron to to experiment and and develop new technologies almost immediately.
Well certainly, you know, Iridium has a a a you know direct to device uh you know system and and plan that they're rolling out later on this year.
Um and uh look, this is the very beginning for us.
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