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Peter Beck

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
124 total appearances

Appearances Over Time

Podcast Appearances

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

So the components bit, we're well in hand right now.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

I mean, we're the largest supplier in the world of some things, like I think we're the largest base grade solar cell provider and panel provider in the world now.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

And I don't know if we're the largest reaction wheel provider, but we must be getting up there.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

And we just keep scaling these businesses.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

And then on the spacecraft side, you know, our first spacecraft was the spacecraft called First Light, which was a little photon.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

And then we sort of skipped about a decade and went straight to the moon with the next photon.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

And then, you know, because we're able to successfully build that spacecraft for NASA to go to the moon, we won the escapade missions to Mars, which are about to launch.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

And then because we executed those really well, we're able to secure a contract with MDA Global Star on quite a big comms platform.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

And then we're able to win as a prime contractor to SDA, a whole bunch of national security spacecraft.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

And then along the way, interesting stuff that's very strategic, like the VADA reentry spacecraft and LOCSAT and a whole bunch of other stuff that all feeds into the kind of end goal here.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

And a few years later, there you go, you kind of, that space systems.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

yes it is a raging cauldron of hell and conflict sometimes in my head because i'm half entrepreneur who wants to take extreme risk and then half engineer who by nature is extremely conservative so to your point you know finding the balance of putting stuff on the pad that actually works but moving quickly and being innovative is is a fine line to walk

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

So and I think it's something that I think it's also a part of the magic of the company.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

I think if you were just 100 percent entrepreneur and you've seen that with maybe other space companies and no engineer, the results are just real bad.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

And then if you're 100 percent engineer and then no entrepreneur, then I think you would never, ever put anything on the pad because you would be unable to take any kind of risk.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

So I think you have to get that balance right.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

And I think it's probably some of the magic of Rocket Lab is knowing where to be entrepreneurial and take risk and knowing where just to not take risk.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

So, I mean, we've basically got all the bits and pieces of the satellite.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

There's a few bits there that we haven't quite got, but, you know, we've pretty much got everything that we need there.

Motley Fool Money
Interview with Rocket Lab CEO Peter Beck

And you really quickly learn that people don't buy satellites for great reaction wheels and solar panels.