How did Rocket Lab transition from a launch services company into an integrated space systems business?
Replied byPeter Beck
Founder & CEO at Rocket Lab
Niche: Production
Revenue: Approx. 78 Million USD/month
Location: Long Beach, California, US
Started: 2006
We realized that space systems and components represent a huge bottleneck in the industry. When we wanted to buy reaction wheels for our satellites, suppliers quoted us nine-month lead times. We decided to acquire those component suppliers directly, allowing us to build complete satellite platforms for our own missions and external customers.
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