Thread by @hugo_blair

What can we expect from Rocketlab’s Second Quarter 2021 Financial Results Conference?: A Thread.
I discuss possible Neutron Updates, Expansions of Rocketlab component offerings, and Revisions of both long term and short term revenue and earnings estimates(1/15)
$RKLB #space $ASTR

Why do I think that there could be significant announcements? There are three conferences lined up back-to-back. RL revealed Neutron when they announced that they were going public. It only makes sense to unveil the full vehicle at their first earnings report as a public company.

Please note: Everything here is speculation and guesses. There could be absolutely nothing that comes out of these earnings conferences.
Here are key announcements that could be revealed in the coming days, as well as some more key info:

1:New Neutron Renders. Ever since RL unveiled Neutron 6 months ago, Enthusiasts have been clamoring for more info about the vehicle. Recently Peter mentioned that the original neutron renders were “a ruse”. He also said that the vehicle “should look like it was designed in 2050”

2. Whether Neutron Is Fully Reusable. In the latest CNBC and Bloomberg interviews, Beck said that Neutron was "fully re-usable". It is unknown whether he meant "fully re-usable first stage" or fully re-usable first and second stages.

3. Is Neutron made out of a Carbon composite? RL's competitors (Relativity and Spacex) have both been working on vehicles that are made out of stainless steel. The original Neutron renders showed RL following this trend. Speculation about the newest renders indicate a carbon body

4. Expansions of the RL component line-up. Richard French has detailed that RL will be expanding the range of satellite components, it is simply a matter of when. RL recently announced a new Reaction Wheel production line. Learn more in the linked tweet.

https://twitter.com/hugo_blair/status/1433619784919248897?s=20

5. Revisions of long term Financial Estimates. It has become a trend in de-SPACed companies for their previous revenue estimates to drastically change from their prior guidance. I do not believe this will be the case for RL, but it is one to watch out for.

5b. Peter has mentioned that the prior financial estimates do not include space applications or space data sales. I personally believe that this will be a significant driver of growth. We may see an announcement relating to this, and see these numbers included in the estimates.

6. Possible decrease in near term financial results. Rocketlab has faced delays in certifying AFTS for US launch sites. This has caused delays in launches from LC-2 Wallops. This will decrease their revenues.

6b. RL recently faced the loss of the "Running Out Of Toes" Mission. This issue has been since resolved, but this would have caused a loss of revenue. This revenue will not be recorded for this quarter's earnings announcement (Q2), but will be reflected in the guidance for Q3.

6c. New Zealand is currently in a nationwide lockdown. This has prevented both launches, and from RL working in their NZ facilities. As RL has facilities worldwide, this is not as bad as it could have been, but it will still be reflected in the Q3 guidance.

6d. With NZ opening back up from lockdown, launches are expected to resume soon, and thus I do not foresee Q4 estimates as being significantly decreased. Auckland is currently still in lockdown, but the rest of the country has opened back up, with Auckland soon to follow.

7. Unlikely Announcements: A RL Constellation. Peter has discussed the possibility of this before, and this is likely to happen at some point given Neutron being a "constellation builder", but I do not foresee this being announced so soon. This would involve a new Photon variant.

7b. In-orbit Refueling Updates. RL has been working on this, but it is in the far off future, and I doubt it will be given any updates. I discuss refueling in this tweet.

https://twitter.com/hugo_blair/status/1433320987592835073?s=20

Let me know if what you guys think will happen! Are the earnings for the next couple of quarters going to be lower than expected? Will the long term estimates be changed? Will neutron be announced?

8. I forgot a key point, aquisitions. Beck has previously stated that RL is looking for aquisitions targets. Potential target areas include space applications and in-space servicing.