Diversifying to Attract Investors

This is a U.S. news story, published by SpaceNews, that relates primarily to Spice news.

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Launch companies need to diversify to survive, say industry executives

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73% Informative

Launch companies need to diversify into other areas to survive in demanding market, exec says.

Diversification is a necessity, says Adam Spice , chief financial officer of Rocket Lab .

SpaceX has driven up its valuation to more than $200 billion , Spice says.

Other companies developing new vehicles will likely have little impact on the overall launch market in the near term.

Rocket Lab's Spice: "Expendable rockets really don’t have a path" Launch cadence is more important for companies that don't have access to major customers like the U.S. government, Spice says.

Avio 's Ranzo says launch cadence needs to be rightsized to the size of the market that you can reach.

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