Rocket Lab USA, Inc. (NASDAQ:RKLB) Q4 2022 Earnings Call Transcript

So, I think that my prediction would be that prices firm up again as we see continued kind of challenges for some of these aspirational launch people. But there’s still enough noise out there from people who are trying to enter the market where we don’t have I would say a tremendous amount of pricing kind of leverage. But I think that’s starting to change. I think we are starting to see again people realizing how difficult it is and there’s not going to be 100 successful launch companies. Maybe there’s a handful or less than a handful of successful long-term players. And I think with that, you would normally see pricing firm up and that’s what I would expect to see happen over the course of the next several years.

Austin Moeller: Okay. Thanks for framing that. I appreciate it.

Operator: Thank you. There are currently no additional questions registered at this time. So I will pass the conference back over to the management team for closing remarks.

Peter Beck: Thanks very much. That wraps today’s presentation. Thank you everyone for joining us on the call. Adam and I will be speaking at these up-and-coming conferences and look forward to the opportunity to share more exciting news and updates with you. Thanks again and we look forward to speaking with you again soon about the exciting progress being made here at Rocket Lab.

Operator: And with that, we will conclude today’s conference call. Thank you for participating. You may now disconnect your lines.