Company Summary - USGIFusgif.org/system/uploads/4608/original/Vector_Space... · 2016-08-09 · Got...

Company Summary July 22, 2016

Opportunity: Massive Change In Satellite Size

*Source: UCS Satellite Database

2001

2016

GEO Satellites

Jim Cantrell CEO

SpaceX, Skybox, StratSpace, Moon

Express, JPL, CNES

Ken Sunshine CFO

Orbital Sciences, Virgin Galactic,

Moon Express, MDA

Vector Founders

John Garvey CTO

McDonnell Douglas, Sea Launch, Garvey

Spacecraft Corp., DCX

Unique Customer Focus

Vector

Rocketlab Launcher One

Firefly

SpaceX, Ariane 5

Nano Micro Small Medium Large

Primary Challenges •  Range Flow •  Manufacturing

Vector’s Unique Monetization Strategy

Primary Challenges •  High CAPEX •  Large Scales •  High Costs T

radi

tiona

l Ve

ctor

5/26/2016 7

Rapid Technical Progress Being Made Full Scale Engineering Model

2nd Stage

2nd Stage Engine (500 lbf.) Test 1st Stage 5000 lbf. Engine Test

ü  $1M Seed Round Raised (2016)

ü  $6M In Prior R&D Development

ü  $1.7M In 2016 Contracts & Revenue

ü  $45M In Backlog (Launch/Platform)

ü  Additional $25M Backlog in Negotiation

ü  More Than 30 Prior Test Flights

Flight Manifest PacificSpaceportComplexAlaska(PSCA)

CapeCanaveralAirForceSta9on(CCAFS)

2017 2018 2019 2020

Sold

OpenSub-orbitaltest

SpaceX alums launch new company (Elizabeth Segran)

Vector Space Systems aims to launch satellites by the hundreds (Devin Coldewey)

BBC Business Live – Vector Space Systems (N/A)

Former SpaceX founding member is starting a new small rockets company (Sarah Fecht)

Key Takeaways: Overall, this quarter we focused our efforts on securing coverage in national and cosumer publications, targeting Rachio’s male demographic and postioning Rachio as a leader in smart home technology and elevating the brand to a household name. Total National/Consumer Pieces of Coverage: 39

Two of SpaceX's founders are working on a new rocket to launch micro-satellites (Loren Grush)

Thank You !

Opportunity: Micro Sat Tech Is New PC of Space

Traditional Satellite Micro Satellite

Cost

$$$$$$

>100 Million USD

Development Time Average Launch Mass

1650 kg

4 Years

Cost $

0.1-1 Million USD

Development Time Average Launch Mass

20 kg

< 1 Year

2015: 40 Satellites 2020: 60 Satellites 2015: 175 Satellites 2020: 675 Satellites

Problem: Launch Is Major Choke Point

0

1

2

3

4

1990 2000 2010 2020

Years

MicrosatDevelopmentTime TimeToLaunch

Waiting 2-3 Years For Launch Costs Tens Of Millions Of Dollars

Launch Focus On Micro/Nano Sats

-

200

400

600

800

1,000

1,200

2015 2016 2017 2018 2019 2020 2021 2022

Num

ber S

atel

lites

Pro

ject

ed fo

r La

unch

Year

Nanosats

Micro Sats

Small Sats

Large LEO Sats

MEO Navigation

GEO Comsats

Small Deep Space

Deep Space

Very Large

*Space Intelligence Report

FALCON 9X

8000 kg to LEO 10 Launches/yr

75 M$ Lead: 36 mo.

US launch

VECTOR 1.1

50 kg to LEO Weekly launch

1.5-2.5 M$ Lead: 3 mo.

Launch anywhere

ELECTRON 150 kg to LEO Monthly launch 5 M$ Lead: 24 mo. NZ Launch

Rapid Launch Manifesting

Vector “Unicorn” “It’s a Miracle” Standard

24 Months

36 Months

12 Months

3 Months

Micro Space

Ride Sharing

Will Drive Market Preference For Micro Space

10 Questions for Jim Cantrell of Space Vector Systems (David Bullock)

Got $25,000? Then You Can Build a Satellite -- and a SpaceX Cofounder Will Help You Launch It (Richard Smith)

Vector Space Systems raises funds to develop small launch vehicle (Jeff Foust)

This company believes baby rockets have a big future in space (Eric Berger)

Vector Space Systems: The Space Taxi Service Of Tomorrow (N/A)