So — and as we refresh more and more down we kind of learn more and more. And as I mentioned in the deck, we’re making modifications to the vehicle that make it far more kind of seaworthy if you will. So it’s going to get better.
Andre Madrid: All right. Understood. Is there any read-through to Neutron development then? I mean it seems like it’s not how much of an issue if it splashes down. Is it worth the incremental development cost to develop the landing system if you could also do recovery from the ocean for Neutron platform? I mean is that something you guys are considering as well?
Peter Beck: Yes. So I mean they’re just such a different vehicles to scale. One of the advantages of Electron being so small is that these, kind of, sea recoveries and things make it simple and viable. A vehicle that scale an ocean based down is not something we want to do is a very, very large and floating motion. So the big difference between Electron and Neutron is that Neutron is designed from day one to be leaning reusable whereas Electron, I thought it wasn’t possible for the longest period. So it was never conceived. And the mass margins you have on a small launch vehicle versus a larger launch vehicle just make small launch vehicle recovery infinitely more difficult. So when you’ve got a fresh piece of paper and you can design it from scratch then landing a Neutron dry is by far the most sensible thing.
Andre Madrid: Understood. Thanks.
Operator: Thank you. The next question comes from Edison Yu of Deutsche Bank. Please proceed.
Edison Yu: Hey guys, thanks for taking the question. First one, I’m sure you’ve seen there’s been quite a few high profile failures since the last earnings call by some of your peers. Have you seen any increased activity from maybe customers that were considering before that are coming to you now because of this?
Peter Beck: Yeah. I mean, I’m not aware of one particular customer that’s offloaded. But I would say it’s a general sentiment that as more of these emerging providers and others have the stated it’s a reminder that this is way more difficult than people sometimes give it credit for. So I think as that — as you get more data points of how difficult it is and more data points of people failing to execute against it, it certainly changes the sentiment. And I would say that customers that we’ve been in discussions with for longer periods of time those values solidified their decision to come with us pretty quickly.
Edison Yu: Understood. As you ramp up the spend on Neutron, how should we think about the next couple of big milestones. And I asked that in the context of maybe a couple in the second half. And also when would you consider announcing when exactly that first launch is for Neutron? Is that like a 4Q 2023 thing? Is that a 1Q 2024? Just how to think about the sequencing of leading up to the first launch?
Peter Beck: I’ll deal with the announcement and I’ll hand it over to Adam to talk about the spin profile. But a launch vehicle, you think you’re golden until you do a particular test. And in fact it’s across the whole space industry. This is why there are so many satellite delays. You do like a final tee up just to confirm that you’ve got thermal issue in the containment launch vehicle development. You think you’re golden until you go and do a test and realize that something’s not right. So you have to operate in the mindset of kind of like a green light schedule until something proves otherwise. So, I wouldn’t expect us to make any formal announcements of a launch date until it’s pretty obvious that we’re ready to launch this.
