### Filing Overview **Filing Date**: March 1, 2021 **Type of Filing**: [[Filing Definitions#Form 425|Form 425]] **Filing Purpose**: Transcript of CNBC Interview Featuring Peter Beck --- ### Notes ### Key Highlights: - **Interview Participants**: - **Peter Beck**, CEO and Founder of Rocket Lab, appeared on CNBC’s _Squawk on the Street_ to discuss the merger with Vector Acquisition Corporation. - Hosted by **Morgan Brennan**. ### Discussion Points: - **Going Public via SPAC**: - Rocket Lab chose the SPAC route to accelerate access to public capital, enabling the development of the **Neutron rocket** and pursuing strategic acquisitions to build an end-to-end space company. - The transaction values Rocket Lab at a **pro forma enterprise value of $4.1 billion**, representing 5.4 times estimated 2025 revenues. - **Neutron Rocket Development**: - Designed for **medium-lift missions**, targeting **mega-constellations** and future human spaceflight capabilities. - Beck emphasized Rocket Lab’s market understanding from operating Electron and highlighted the opportunity to address satellite launch demand over the next few decades. - **Revenue and Market Confidence**: - Beck noted Rocket Lab’s historical revenues as a key differentiator among SPACs, underpinned by a strong customer base and proven execution track record. - **Future Vision**: - Expansion into **human spaceflight** and further development of in-space systems to create a comprehensive space technology platform. --- ![[5e529521-7702-4acd-9eb2-c68f51017d40.pdf]]