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Micro Satellite Revolution

Our Contrarian Market View

Herd Our View

Opportunity: Lead Transformation

Microsats

Smallsats

GEOsats

2017 2022

200SatellitesPer Year

1000SatellitesPer Year

$1M/Sat

$10M/Sat

$100M/Sat

Transforming Space Access

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120

140

160

Ariane SpaceX Rocket Lab Vector

Un

it L

aun

ch C

ost

$M

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Industry Today DedicatedMicro Launch

SoftwareDefined

Satellites

TimeTo Orbit (months) CAPEX (M$)

Vector’s Radical Transformation

Simple Satellite Launch 100X/Year

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Jim Cantrell, CEO

SpaceX, Skybox, StratSpace, Moon

Express, JPL, CNES

Ken Sunshine, CFO

Orbital Sciences, Virgin Galactic, Moon

Express, MDA

John Garvey, CTO

McDonnell Douglas, Sea Launch, Garvey

Spacecraft Corp., DCX

Eric Besnard, VP Engineering

Garvey Spacecraft, Cal State Long Beach, PhD

Aerospace Engineering

Shaun Coleman, GM Galactic Sky

CloudVolumes, VMware, Citrix, RSA, LLNL, Sandia

Technical Progress - Launch

Full Scale Engineering Model

P-20 Flight

Test2nd Stage Engine Tests (12 total)1st Stage Engine Tests (9 total) Mobile Transporter

Erector Launcher

Vector Tucson Factory

Pima County Approved Build/Lease Of Vector Factory