SpaceX Competition and Market Analysis

So Richard, where do you see your company competing

with the fifty million dollar

launch?

Am I connected? Yes.

Yes.

Um, so today, um, I mean, SpaceX hasn't launched into

the geostationary orbit yet, but I mean, they're, they're doing very well, and

their progress is going forward amazingly well.

Um, what I'm discovering in the market, though, is that, um, SpaceX

primarily seems to be selling, uh, a dream, which is

good. We should all dream. I mean, I think the five million dollar launch or

fifteen million dollar is, is a bit of the dream.

Uh, personally, I think reusability is a dream.

Um, and I think recently I was at a session where

I was told that there's no recovery plan because they're not gonna have any

failures. So I think that's the part of a dream.

So at the moment, I feel that we're looking-- and you're

presenting to me, how am I gonna respond to a dream?

And my answer to respond to a dream is, first of all, you don't wake people

up.

They have to wake up on their own. And then when the-- once the market has

woken up to the dream and the reality, then we'll compete with

that.

But they are looking at a price which is about half yours today.

It's a dream.

Well

Fine. Supposing that you wake up and they're there, what would you--

Arianespace

do?

Uh, we would have to react to it. I mean, if it w-- They're, you know, they're not

supermen, so whatever they can do, we can do.

We would, we would then have to follow.

But today, at the moment, we don't see it as a reality.

We have superwomen on our staff.

Yeah, yeah.

So, you know, I mean, uh, it really is a theoretical question at this moment

in

time.

Yeah, I, I, I personally don't believe it's gonna be

theoretical for that much

longer. They've done everything they've almost

said they can do.

I mean, that's true.