Slide 1: Rocket Lab: A global space leader
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx Rocket Lab USA Rocket Lab A g l o b a l s pa c e l e a d e r January 2025 rocketlabusa.com 1
Slide 2: Disclaimer and Forward Looking Statements
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx DISCLAIMER AND F O R WA R D L O O K I N G S TAT E M E N T S Forward Looking Statements This presentation may contain certain “for
Slide 3: Building an end-to-end space company
1 COMPLETE Building an end-to- The Ride e n d s pa c e c o m pa n y ROC K ETS To use space, first you have to get there. Uniquely positioned to be a leading end-to-end space company. Right now we deliver launch and spacecraft to those 2 who provide space data and services. COMPLETE The TOO LS We’re
Slide 4: Rocket Lab at a Glance
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx R O C K E T L A B AT A G L A N C E 200+ 58 SATELLITES ELECTRON LAUNCHED ON LAUNCHES FROM ELECTRON US AND NZ 1 ,7 0 0 + 3 SATELLIT
Slide 5: Global Footprint
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx Global Go f LO o B t A p L r i n t FOOTPRINT
Slide 6: Our Customers
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx OUR CUSTOMERS ~50% Mission partner of choice for government agencies, commercial space companies, and prime contractors globally
Slide 7: Launch
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx SECTION 01 LAUNCH
Slide 8: Three Strategic Rockets
T H R E E S T R AT E G I C R O C K E T S All orbits, all markets, all missions ELECTRON HASTE NEUTRON DEDICATED SMALL HYPERSONIC ACCELERATOR MEDIUM LAUNCHER LAUNCH SUBORBITAL TEST ELECTRON FOR CONSTELLATIONS 300kg payload capacity 700kg payload capacity 13,000kg payload capacity Launched from NZ and
Slide 9: 58 launches and counting
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx 58 launches and counting… Second most f r e q u e n t ly launched U.S. rocket 1 . S pa c e X 2. ROCKET LAB
Slide 10: Unrivaled launch infrastructure
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx U n r i va l e d l a u n c h infrastructure 3 launch pads across U.S. and New Zealand L A U N C H C O M P L E X 1 Mahia, New Zeal
Slide 11: Neutron
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx 22,800 kg Payload Neutron The market is desperate for medium launch. We’re solving it. First launch in 2025. 13,000 kg Payload Ta
Slide 12: Neutron: the rocket solving the medium launch shortage
Neutron The rocket solving the medium launch shortage ROCKET DEVELOPMENT TIMELINES Electron ~3 years NEUTRON* 4.3 years • The medium launch monopoly needs breaking. Falcon 9 4.8 years • Demand is strong and growing. From constellations alone, more than 10,000 satellites need launch New Glenn* 8.1 ye
Slide 13: Hardware rich development
H a r d wa r e r i c h development 13 13 13
Slide 14: Neutron is open for business
NEUTRON is open for business Signed launch agreement w i t h c o m m e r c i a l c o n s t e l l at i o n o p e r at o r Launching from Two dedicated Neutron Consistent with Launch Complex 3 launches booked our target price in Virginia. in 2026 & 2027. for Neutron. Beginning of a productive collabor
Slide 15: Space Systems
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx SECTION 02 S PA C E SYSTEMS
Slide 16: Capturing the complete satellite value chain
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx 01 Capturing the complete s at e l l i t e va l u e c h a i n 1 Complete S pa c e c r a f t Design & Build 2 S at e l l i t e com
Slide 17: The Rocket Lab Spacecraft Family
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx The Rocket Lab S pa c e c r a f t Fa m i ly Family of advanced spacecraft platforms deliver speed, affordability, performance, an
Slide 18: Vertical Integration
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx V e r t i c a l I n t e g r at i o n Solar Arrays We design, manufacture, integrate, and operate spacecraft, while making bets-in
Slide 19: Rocket Lab technology enabling the world's most ambitious missions
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx Rocket Lab technology is enabling THE WORLD’S MOST AMBITIOUS MISSIONS James Webb Space Telescope Parker Solar Probe LADEE M O R E
Slide 20: Contract value of satellites in development, production and operation
M o r e t h a n $ 7 2 0 M i n c o n t r a c t va l u e o f s at e l l i t e s i n d e v e l o p m e n t , P r o d u c t i o n a n d O p e r at i o n Rocket Lab satellites are increasingly sought after within national security, civil and commercial space programs. 18 17 3 2 1 1 1 Spacecraft Spacecraf
Slide 21: Financial highlights and outlook
SECTION 03 Financial highlights and outlook
Slide 22: Review of Revenue and Gross Margins
REVIEW OF REVENUE AND GROSS MARGINS $105M 55% Revenue in Year-on-Year Q3 2024 revenue increase Revenue increased 55% or $37.1M year-on-year, driven by significant growth in our Space Systems business. Revenue and GAAP / Non-GAAP Gross Margin Sequential revenue driven by growth in our Space GAAP GM%
Slide 23: Review of Backlog
REVIEW OF Backlog $1,048M 80% Backlog as Year-on-Year of Q3 2024 backlog increase Year-on-Year backlog increase of 80% or $465M driven primarily by the Space Development Agency (SDA) Beta contract award, paired with continued strong Electron bookings. Backlog by Segment $1200 Sequential rebalancing
Slide 24: Review of Operating Expenses
R E V I E W O F O P E R AT I N G EXPENSES Quarter-on-Quarter GAAP & Non-GAAP R&D vs. SG&A Spending GAAP SG&A expense increased primarily due to increases in outside services related to legal and IT, $90 paired with an increase in staff costs. $80 $70 Non-GAAP SG&A expense increased due to the $32.2
Slide 25: Non-GAAP free cash flow and Adj EBITDA
Non-GAAP free cash flow and Adj EBITDA Quarter-on-Quarter $508M in cash and cash equivalents, marketable securities and restricted cash, end of period in Q3 2024. Cash consumed from purchases of property, Non-GAAP Free Cash Flow and Adj EBITDA equipment and software decreased $4.3M Q2 2024 Q3 2024 Q
Slide 26: Financial Outlook
FINANCIAL OUTLOOK Q4 2024 Revenue Q4 2024 GAAP and Q4 2024 GAAP and Non-GAAP Q4 2024 Adjusted EBITDA Outlook Non-GAAP Gross Margins Operating Expense • Expect revenue to range between • Expect GAAP gross margin to • Expect GAAP Operating Expenses • Expect Interest Expense $125 million to $135 millio
Slide 27: Thank you
ibdroot\projects\IBD-NY\runch2022\903504_1\01. Presentations\2023.08.14 Sponsor Management Presentation\Sponsor Management Presentation (07.XX.23)_(Consolidated)_v27.pptx Thank you