The Space Investor - 🚀 RKLB's $500M Prime Contract

View this email in your browser
The Space Scoop
Week Ended 01.12.2023
Happy Friday! We're off and running in 2024 as the capital raises have come pouring in. Rocket Lab announced who awarded them their first prime contract. Momentus is low on cash and Sidus shares are no longer at threat of being delisted from the Nasdaq. Lets dive in!

Market Max-Q

Top Stories

1) Rocket Lab ($RKLB) announced the debut of its $515M prime contractor customer. 
  • Following the 12/21 SEC filing (that was ignored by Rocket Lab's press release team), investors were finally given the insight they were seeking for two weeks: who the government customer was. On Monday, we got their answer: the Space Development Agency (SDA).
     
  • As a reminder, Rocket Lab will act as a prime contractor leading the design, development, production, testing and operations of 18 Tranche 2 Transport Layer (T2TL) Beta Data Transport satellites.
     
  • The contract comprises $489M base, plus $26M of incentives and options.

2) Mynaric ($MYNA) reported 2023 key performance indicators (KPIs). Highlights include:
  • Optical Terminal Backlog: 794
  • Cash-in from Contracts: €49.2M
  • Revenue: €4.4M
  • Operating Loss: €73.8M

In Other News

ABL Space Secures $40.6M Funding (SEC)
As seen via December 29 SEC filing, ABL is seeking to raise up to $100M in a mix of equity and options/warrants. This is the Company's first capital raise since October 2021 when $200M was raised at a $2.4B valuation

D-Orbit Raises €100M Series C (Company)
The in-space logistics services provider fundraising comes on the back of a prosperous 2023, which saw triple digit yearly revenue growth since 2021. The round was led by Marubeni Corporation and Avantgarde family office.

Sateliot Raises €6M Funding (Company)
The Spanish 5G IoT LEO nanosatellite provider raised the capital from Banco Santander ($SAN). The capital is expected to accelerate the development of the Company's technology and deploy its satellite constellation.

Oxford Space Systems Raises £3M Seed (SatEvolution)
On the back of tripling revenues, successful space antenna deployments, and employee headcount increase of +74%, the UK-based startup raised the growth equity round from the UK Innovation and Science Seed Fund.

PierSight Raises $6M Seed (Economic Times)
The EO surveillance startup provides ocean surveillance through a constellation of SAR Imaging and AIS satellites. The capital will be used for procurement and testing of critical hardware, design and launch of demo satellites. The round was led by Alpha Wave Global and Elevation Capital.

Chart of the Week

Annual Constellation First Launches: 35+ satellite constellations launched their first prototypes or batches last year. While scale has been slow for most constellations, the 2024 and beyond queue is growing fast. (Source)

Links

• Spire ($SPIR) Awarded $9.4M Contract by NOAA for Satellite Weather Data

• Rocket Lab ($RKLB) To Launch Space Situational Awareness Mission for Spire ($SPIR) and NorthStar

• Sidus ($SIDU) Regains Compliance With Minimum Nasdaq >$1 Share Price

• Voyager Space and Airbus ($EADSY) Finalize Starlab Space Joint Venture

• Iridium ($IRDM) Unveils ‘Project Stardust’ To Develop a Global, Standards-Based IoT and Direct-to-Device Service

• SpaceX and T-Mobile ($TMUS) Send First Texts via Starlink Satellites

• Intuitive Machines ($LUNR) Enters Into Warrant Exercise Agreement for $11.8M Gross Proceeds

• BlackSky ($BKSY) Wins $1M+ Multi-Year Contract With Indonesian Ministry of Defense

• Momentus ($MNTS) Is Running Dangerously Low on Money

Opinion

• It’s a SpaceX World (Everyone Else Is Playing Catch-Up)

• Starting Unicorns: Is Peter Beck ($RKLB) Smarter Than Elon Musk?

• Seraphim Space ($SSIT) Predicts ‘Pivotal’ 2024 for Unloved Space Sector

Earnings Calendar

$GD: Jan 24 - Before Market Open
$NOC: Jan 25 - Before Market Open
$BA: Jan 31 - Before Market Open
$HON: Feb 1 - Before Market Open


*Company confirmed dates only.
Forward Forward
Questions? Feedback? Just 'Reply' to this email.
Copyright © 2024

TheSpaceInvestor
400 E 20th St
New York, NY 10009-8101

Add us to your address book!

Unsubscribe

Disclaimer: The Space Investor ("TSI") does not provide financial advice. All content is for informational purposes only and is not a solicitation to buy or sell any assets. TSI is not a registered investment, legal, or tax advisor or a broker/dealer.

Older messages

🚀 Terran Receives Rivada Cash

Saturday, January 6, 2024

Plus EchoStar and Dish complete merger, $RKLB and $ASTS funding updates, SynMax raises $13M, and more! The latest space investing news and updates. View this email in your browser The Space Scoop Week

🚀 Lynk To Go Public via SPAC

Friday, December 22, 2023

Plus ULA sale process down to 3 bidders, $RKLB soars on $515M agreement, $SIDU reverse split and more! The latest space investing news and updates. View this email in your browser The Space Scoop Week

🚀 Terran Orbital Seeks Buyer

Friday, December 15, 2023

Plus SpaceX hits $180B valuation, iQPS IPO surges +82%, $PL reports Q3 earnings and more! The latest space investing news and updates. View this email in your browser The Space Scoop Week Ended 12.15.

🚀 SpaceX Acquires Pioneer Aero

Saturday, December 2, 2023

Plus ARK Invest releases SpaceX investment thesis, Ursa Major Series D-1, and more. The latest space investing news and updates. View this email in your browser The Space Scoop Week Ended 12.01.2023

🚀 World View SPAC Dissolves

Friday, November 24, 2023

Plus Morgan Stanley downgrades $SPCE, $IRDM CEO buys $1M shares, $SATL NOAA license, and more! The latest space investing news and updates. View this email in your browser The Space Scoop Week Ended

What’s 🔥 in Enterprise IT/VC #383

Saturday, March 2, 2024

The short version of what LPs and VCs are thinking - notes from an AGM... ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌

Imagine having a large following

Saturday, March 2, 2024

on social media Hi , Imagine having the power to reach not just hundreds, but thousands or even millions of folks, all with a few taps on your screen… That's what our newest course Social Media

🗞 What's New: SEO money pages

Saturday, March 2, 2024

Also: YouTube channels! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

$8600 MRR with a simple email app

Saturday, March 2, 2024

+ 7 tips for high converting landing pages ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Musk sues Altman, Gates and Zuckerberg attend a pre-wedding bash, and loads of coverage from last night

Saturday, March 2, 2024

View in browser Wow, it's . . .really late suddenly, but we wanted to share with you some of the conversations from last night's stellar StrictlyVC event in LA You'll find these sprinkled

Product Hunt – worth it?

Saturday, March 2, 2024

Remember when... ​ Launching your product on Product Hunt (in the old days) could get you hundreds (or thousands) of new users. In his recent post, Tibo reflected: "When we launched Tweet Hunter

My proven method to reaching 1M monthly visitors

Saturday, March 2, 2024

More visitors = more money ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

🤝🏾 Meet up with fellow creators in any of these 15 communities

Saturday, March 2, 2024

Plus, all the top social media tips, news & content ‌ ‌ ‌ Image Hey folks👋🏽 By the time you read this, I'm probably 30000 feet in the air on a flight to Cancun to meet up with the Buffer team.

🚀 LMT Bids $600M To Acquire LLAP

Saturday, March 2, 2024

Plus seven companies announce FY'2023 earnings, Astra's ($ASTR) latest take private offer and more! The latest space investing news and updates. View this email in your browser The Space Scoop

🤑Pricing Experiments

Friday, March 1, 2024

Learnings from studying the top 100 grossing apps ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌