Sierra Space out of nowhere! This could make sense for saving some money on Dreamchaser launches, buying the backlog, and offering truly end-to-end services for their satellite business.
Burying a bit of a lede here, too:
Jeff Bezos’ Blue Origin and Cerberus Capital Management had placed bids in early 2023 for the company, according to people familiar with the negotiations. Rocket Lab had also expressed interest, two people said.
Rocket Lab could have had a similar motivation to BO and wanted the backlog and contracts. The Vulcan and Neutron overlap aren’t ideal, though.
Vulcan and New Glenn overlap probably also not ideal, though. Having not read the article yet, Sierra Space is the most exciting name I’ve seen. Sure hope they can afford it, though.
Sierra Space is the most exciting name I’ve seen. Sure hope they can afford it, though.
Yeah, those were my thoughts too. A company known for just Dream Chaser and inflatable modules (neither of which have launched yet) is thinking of buying an entire launch company? It would be cool if they do, but I’m curious where they would get the money.
Vulcan and New Glenn probably overlap more than Vulcan and Neutron, but it still seems out of character for Rocket Lab. I guess I don’t fault them for kicking the tires.
Really surprised me, too. Wow
