One small draft proposal, another giant leap for the space industry?
21 February 2023
U.S. Space Systems Command has released a draft proposal that opens a massive billion dollar business opportunity for New Space players and reinforces our conviction about the space launchers equity story.
U.S. Space Systems Command’s draft proposal entails significant changes expected in how the U.S. military procures launch services. It would allow contracting smaller players for missions that allow for a higher risk tolerance. We consider this a significant development for new space companies. Notably, Rocket Lab will strengthen its status as SpaceX’s runner-up, leading to promising business opportunities and reinforcing our conviction about its equity story.
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