{"id":20323,"date":"2025-08-20T22:15:41","date_gmt":"2025-08-20T22:15:41","guid":{"rendered":"https:\/\/nanographene.org\/?p=20323"},"modified":"2025-08-20T22:17:24","modified_gmt":"2025-08-20T22:17:24","slug":"nordspace-rahul-goel-presentation-at-launch-canada-2025","status":"publish","type":"post","link":"https:\/\/nanographene.org\/index.php\/nordspace-rahul-goel-presentation-at-launch-canada-2025\/","title":{"rendered":"NordSpace Rahul Goel Presentation at Launch Canada 2025"},"content":{"rendered":"<p>The following information is presented below, a briefing document generated by NotebookLM (with some manual edits), the original YouTube video, and the transcript generated by YouTube. The purpose is to have a more permanent record of the presentation that is search engine discoverable for future reference and ease of access. Since Ai does not phonetically interpret everything 100% correctly, view the video if in doubt about the veracity of a statement.<\/p>\n<p><!--more--><\/p>\n<h2>Space Launch Company<\/h2>\n<p>This briefing document summarises key themes and facts from Rahul Goel&#8217;s presentation, &#8220;NordSpace &#8211; Launch Canada 2025 &#8211; How to Build a Canadian Space Launch Company,&#8221; offering insights into NordSpace&#8217;s mission, progress, and the broader context of Canadian space ambitions.<\/p>\n<h3>1. NordSpace: An End-to-End Space Missions Company<\/h3>\n<p>NordSpace, founded by Rahul Goel, positions itself as an &#8220;end-to-end space missions company.&#8221; This comprehensive approach aims to ensure &#8220;sovereign launch for Canada,&#8221; which Goel defines as &#8220;launching Canadian rockets from Canadian soil with Canadian payloads on top of them.&#8221; NordSpace believes that lacking any of these elements means a true sovereign launch capability does not exist in Canada.<\/p>\n<p><strong>Key Offerings and Roadmap:<\/strong><\/p>\n<ul>\n<li><strong>Launch Vehicles:<\/strong><\/li>\n<li class=\"ql-indent-1\"><strong>Taiga:<\/strong> A suborbital vehicle, &#8220;launching in nine days 10 days&#8221; (from the time of the presentation) to a height of &#8220;about 10 kilometres.&#8221; This flight is primarily for learning, with a clear mission objective to &#8220;burn for about 10 seconds or whatever we need to and move on to orbital.&#8221;<\/li>\n<li class=\"ql-indent-1\"><strong>Tundra:<\/strong> The first orbital vehicle, targeting &#8220;500 kilograms to LEO [Low Earth Orbit] and 300 to SSO [Sun-Synchronous Orbit].&#8221; It is powered by seven &#8220;Hadfield engines&#8221; in the first stage and one &#8220;Garno engine&#8221; in the second. The company emphasises SSO as &#8220;where the money is.&#8221;<\/li>\n<li class=\"ql-indent-1\"><strong>Titan:<\/strong> A future medium-lift vehicle, aiming for &#8220;five tons to lower Earth orbit.&#8221; Goel stresses the need for Canada to develop a medium-lift launch vehicle by the &#8220;early 2030s&#8221; to accommodate larger capabilities and constellations.<\/li>\n<li><strong>Propulsion Technology:<\/strong><\/li>\n<li class=\"ql-indent-1\">The &#8220;Hadfield engine&#8221; is entirely &#8220;designed from scratch&#8221; and &#8220;3D printed.&#8221; Manufacturing a single engine takes approximately &#8220;60 hours to produce&#8221; and &#8220;30 hours to post-process.&#8221; They can conduct &#8220;5 to 10 hot fires in a single day.&#8221;<\/li>\n<li class=\"ql-indent-1\">NordSpace has heavily invested in test facilities, including a &#8220;50-acre property&#8221; that was an aggregate mine, allowing them to conduct between &#8220;5 to 10 hot fires in a single day.&#8221;<\/li>\n<li><strong>Atlantic Spaceport Complex (ASC):<\/strong><\/li>\n<li class=\"ql-indent-1\">Located on the &#8220;southeast shore of Newfoundland and Labrador,&#8221; the ASC is crucial for NordSpace&#8217;s pace and the country&#8217;s progress. Construction began &#8220;a couple weeks ago&#8221; (prior to the presentation).<\/li>\n<li class=\"ql-indent-1\"><strong>SLC One:<\/strong> Planned orbital launchpad with &#8220;two pads there one for us one for partners.&#8221;<\/li>\n<li class=\"ql-indent-1\"><strong>SLC Two:<\/strong> Will house ground support equipment, radar tracking, satcom, and a smaller launchpad for initial suborbital launches.<\/li>\n<li class=\"ql-indent-1\">The timeline for the ASC is aggressive: 2024 (identifying location), 2025 (initial approvals and construction start), 2026 (permanent approvals and continued construction), 2027 (operational readiness for launch), and 2029 (fully functional).<\/li>\n<li class=\"ql-indent-1\">The location is ideal due to its &#8220;46-degree latitude&#8221; and &#8220;clear over the Atlantic Ocean,&#8221; allowing for &#8220;45 46 to 100 degrees launch inclinations.&#8221;<\/li>\n<li><strong>Satellite Program:<\/strong><\/li>\n<li class=\"ql-indent-1\">NordSpace is developing its own &#8220;satellite bus,&#8221; &#8220;in-space propulsion,&#8221; and &#8220;AI capabilities on the edge.&#8221;<\/li>\n<li class=\"ql-indent-1\">The first NordSpace satellite is scheduled to launch on Transporter 17 next June, aiming for it to be the &#8220;first and last time on a non-Canadian rocket.&#8221;<\/li>\n<li class=\"ql-indent-1\">The satellite will focus on &#8220;wildfire prediction and management.&#8221; This internal demand is critical, with the goal that &#8220;at least 50% of our launch demand can come from Nordspace internally,&#8221; mirroring the strategy of companies like SpaceX and Rocket Lab.<\/li>\n<\/ul>\n<h3>2. The Urgency of Canadian Space Leadership<\/h3>\n<p>Rahul Goel repeatedly expresses a sense of urgency and frustration regarding Canada&#8217;s position in the global space industry.<\/p>\n<ul>\n<li><strong>Lagging Behind:<\/strong> Canada is &#8220;pretty far behind as Canadians,&#8221; being &#8220;one of the only G7 nations really that doesn&#8217;t have this capability behind almost 20 others.&#8221; Goel finds this &#8220;unacceptable.&#8221;<\/li>\n<li><strong>Brain Drain:<\/strong> There&#8217;s a concern that Canadian graduates &#8220;end up going to other places in the world to work on rockets.&#8221; NordSpace aims to &#8220;keep everyone here at home.&#8221;<\/li>\n<li><strong>&#8220;Avro Arrow Moment&#8221;:<\/strong> Goel draws a parallel to the Avro Arrow, a historical Canadian aircraft project that was cancelled, stating that its story &#8220;really like broke my heart when I was a kid&#8221; and committed him emotionally to aerospace.<\/li>\n<li><strong>Call for Leadership:<\/strong> Goel is &#8220;tired of being participants&#8221; and asserts, &#8220;I think we can lead I know we can lead a huge economy we have amazing talent you all go everywhere else and build other people space programs we can do that here.&#8221;<\/li>\n<li><strong>Lack of Public Infrastructure:<\/strong> A &#8220;biggest challenge in Canada is the fact that unlike the United States we just don&#8217;t have public infrastructure we don&#8217;t have launch sites we don&#8217;t have test facilities.&#8221; NordSpace is &#8220;doing what we can to build infrastructure in the community&#8221; even though Goel believes &#8220;it shouldn&#8217;t be on a private company necessarily to build that stuff.&#8221;<\/li>\n<\/ul>\n<h3>3. Business Philosophy and Lessons Learned<\/h3>\n<p>Goel shares crucial lessons derived from his entrepreneurial journey and NordSpace&#8217;s rapid development:<\/p>\n<ul>\n<li><strong>Time is Everything:<\/strong> This is the most critical principle. Goel looks for this &#8220;sense of urgency&#8221; in hiring and partnering. He likens it to a &#8220;metronome&#8221; that drives his decisions.<\/li>\n<li><strong>Go Big Every Single Time:<\/strong> Initially painful, Goel argues that &#8220;building something small is just about as hard as building something big.&#8221; This philosophy drives NordSpace&#8217;s pursuit of larger rockets and end-to-end capabilities.<\/li>\n<li><strong>Honesty About Mission Objectives:<\/strong> Unlearning the &#8220;student mindset&#8221; (where challenges are pursued for their own sake), Goel now prioritises clear mission objectives. For example, the suborbital Taiga launch&#8217;s objective was to learn what they needed within &#8220;10 to 30 seconds of flight&#8221; rather than pushing for a higher altitude that would cost &#8220;an extra six months roughly.&#8221;<\/li>\n<li><strong>Understand Your &#8220;Why&#8221;:<\/strong> Beyond just &#8220;building rockets because they&#8217;re awesome,&#8221; a company needs a strong &#8220;why.&#8221; NordSpace&#8217;s vision is to &#8220;make every country around the world [a] spacefaring nation&#8221; by first making &#8220;Canada a true spacefaring nation.&#8221;<\/li>\n<li><strong>Innovation vs. Capability:<\/strong> Goel controversially suggests Canada has a &#8220;serious innovation problem&#8221; in that it &#8220;overindex[es] on innovation.&#8221; For building a national capability, the focus should be on &#8220;building something that works&#8221; \u2013 &#8220;the Ford pickup truck that gets us to orbit&#8221; \u2013 rather than constantly seeking innovative differentiators. The &#8220;business case&#8221; must guide decisions.<\/li>\n<li><strong>Overestimating Daily vs. Underestimating Long-Term:<\/strong> Goel admits to underestimating what can be achieved in a month or year, a mistake that &#8220;cost us probably a whole year on our program timeline.&#8221;<\/li>\n<li><strong>Don&#8217;t Cut Corners on Critical Hardware:<\/strong> Early attempts to save money on components like data acquisition systems (DAQ) and in-house PCB manufacturing led to &#8220;a lot of time and time is money.&#8221; He stresses that for a serious rocket company, &#8220;there are certain things we have to invest in and we have to do it right.&#8221; He notably states, &#8220;valves they really suck.&#8221;<\/li>\n<li><strong>Private Capital and Efficiency:<\/strong> NordSpace&#8217;s rapid progress is attributed to &#8220;private capital&#8221; and &#8220;significant personal commitment.&#8221; The goal is to &#8220;have the lowest program cost and not dilute our cap table at all before we perform our first orbital flight,&#8221; aiming for approximately &#8220;$100 million cash&#8221; to reach full scale. This is significantly less than the billions often associated with launch vehicle development.<\/li>\n<li><strong>Healthy Competition with Reaction Dynamics:<\/strong> Goel acknowledges Reaction Dynamics has set a strong precedent and expresses appreciation for having &#8220;two rocket companies here in Canada&#8221; with &#8220;so different&#8221; approaches (NordSpace&#8217;s end-to-end vs. Reaction Dynamics&#8217; focus on launch). He sees this as a &#8220;healthy race&#8221; beneficial for Canada.<\/li>\n<\/ul>\n<h3>4. Team and Personal Commitment<\/h3>\n<ul>\n<li><strong>Student Inspiration:<\/strong> Goel credits students and student teams (like the Concordia launch) as a major inspiration for starting NordSpace. He himself was heavily involved in student design teams, starting from Lego robotics.<\/li>\n<li><strong>Team Dedication:<\/strong> NordSpace&#8217;s team (around &#8220;23 or so people&#8221; by year-end) is working &#8220;around the clock,&#8221; with &#8220;tremendous personal sacrifice.&#8221; Many team members were &#8220;in your shoes just a couple years ago.&#8221;<\/li>\n<li><strong>Leadership and Project Management:<\/strong> Goel emphasizes the importance of recruiting leaders and good project managers, citing the impact of Derek on the operations side, who distills &#8220;sheer chaos&#8221; into actionable plans.<\/li>\n<li><strong>Personal Investment:<\/strong> Goel&#8217;s commitment is deeply personal. He &#8220;invest(s) all my own capital into this company,&#8221; driven by a promise to himself and a desire to see Canada industrialise, retain talent, and grow its IP. He sees space as a critical area for Canada&#8217;s economic future.<\/li>\n<\/ul>\n<p>The presentation underscores NordSpace&#8217;s aggressive timeline and strategic vision to establish Canada as a leading &#8220;spacefaring nation&#8221; through a vertically integrated, end-to-end approach, driven by a relentless focus on time, business objectives, and passionate talent.<\/p>\n<p><iframe loading=\"lazy\"  id=\"_ytid_61902\" width=\"720\" height=\"433\" src=\"\/\/www.youtube.com\/embed\/Hvrk93bRLSs?enablejsapi=1&#038;autoplay=0&#038;cc_load_policy=0&#038;iv_load_policy=1&#038;loop=0&#038;modestbranding=0&#038;rel=1&#038;showinfo=1&#038;playsinline=0&#038;autohide=2&#038;theme=dark&#038;color=red&#038;wmode=opaque&#038;vq=&#038;controls=2&#038;\" frameborder=\"0\" type=\"text\/html\" class=\"__youtube_prefs__\" allowfullscreen webkitallowfullscreen mozallowfullscreen ><\/iframe><\/p>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"0 seconds I have a small introduction, but like I said, you know, talking about people\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div>\n<p><strong>YouTube Generated Transcript<\/strong><\/p>\n<\/div>\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">0:00<\/div>\n<\/div>\n<p>I have a small introduction, but like I said, you know, talking about people<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"5 seconds that don't really need an introduction, I think our next speaker is quite fitting. Um,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">0:05<\/div>\n<\/div>\n<p>that don&#8217;t really need an introduction, I think our next speaker is quite fitting. Um,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"14 seconds Ro, by now you probably have seen their logo, whether because they sponsor your\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">0:14<\/div>\n<\/div>\n<p>Ro, by now you probably have seen their logo, whether because they sponsor your<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"20 seconds team, you've interned there, or you've attended Canada's first space launch conference in Ottawa this year. And here\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">0:20<\/div>\n<\/div>\n<p>team, you&#8217;ve interned there, or you&#8217;ve attended Canada&#8217;s first space launch conference in Ottawa this year. And here<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"26 seconds of course we are talking about Northspace specifically the founder and CEO Rahul Go. Rahul is a proud Canadian\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">0:26<\/div>\n<\/div>\n<p>of course we are talking about Northspace specifically the founder and CEO Rahul Goel. Rahul is a proud Canadian<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"33 seconds entrepreneur and aerospace engineer with a passion for economic development and helping engineers commercialize their\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">0:33<\/div>\n<\/div>\n<p>entrepreneur and aerospace engineer with a passion for economic development and helping engineers commercialize their<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"38 seconds research. Proof is he founded Norpace. He's a founder and chief executive of the company a Canadian company\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">0:38<\/div>\n<\/div>\n<p>research. Proof is he founded Norpace. He&#8217;s a founder and chief executive of the company a Canadian company<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"45 seconds developing an endto-end orbital launch system. Rahul earned his bachelor's degree in aerospace engineering from the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">0:45<\/div>\n<\/div>\n<p>developing an end-to-end orbital launch system. Rahul earned his bachelor&#8217;s degree in aerospace engineering from the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"51 seconds University of Toronto's engineering science program where he founded once again he's sounds like he likes to found\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">0:51<\/div>\n<\/div>\n<p>University of Toronto&#8217;s engineering science program where he founded once again he&#8217;s sounds like he likes to found<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"57 seconds a lot of things uh the robotics for space exploration team and is currently pursuing a PhD in space robotics at the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">0:57<\/div>\n<\/div>\n<p>a lot of things uh the robotics for space exploration team and is currently pursuing a PhD in space robotics at the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"1 minute, 3 seconds University of Toronto Institute for Aerospace Studies. talking about uh f founding teams. He is\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">1:03<\/div>\n<\/div>\n<p>University of Toronto Institute for Aerospace Studies. talking about uh f founding teams. He is<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"1 minute, 10 seconds CEO of Feedloop, Nordspace, Geneica, and Events 101 while doing his PhD\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">1:10<\/div>\n<\/div>\n<p>CEO of Feedloop, Nordspace, Geneica, and Events 101 while doing his PhD<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"1 minute, 15 seconds part-time. Part-time or full-time. I don't think it would be feasible full-time, but I would not be surprised.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">1:15<\/div>\n<\/div>\n<p>part-time. Part-time or full-time. I don&#8217;t think it would be feasible full-time, but I would not be surprised.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"1 minute, 23 seconds On his free time, he also serves on the board of Launch Canada and actively mentor student engineering teams. So,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">1:23<\/div>\n<\/div>\n<p>On his free time, he also serves on the board of Launch Canada and actively mentor student engineering teams. So,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"1 minute, 29 seconds everyone, please welcome not only a friend, but a big part of our community, Rahul Go.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">1:29<\/div>\n<\/div>\n<p>everyone, please welcome not only a friend, but a big part of our community, Rahul Goel.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"1 minute, 49 seconds Thank you uh for the introduction, Sirill. Really appreciate it. Um always a privilege to be here. I'm sad this\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">1:49<\/div>\n<\/div>\n<p>Thank you uh for the introduction, Sirill. Really appreciate it. Um always a privilege to be here. I&#8217;m sad this<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"1 minute, 55 seconds year we couldn't uh have more of our team. Um they're just working literally\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">1:55<\/div>\n<\/div>\n<p>year we couldn&#8217;t uh have more of our team. Um they&#8217;re just working literally<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"2 minutes around the clock for the last several weeks preparing for our launch. We're headed out in two days and our launch window opens on the 25th. So, I'll tell\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">2:00<\/div>\n<\/div>\n<p>around the clock for the last several weeks preparing for our launch. We&#8217;re headed out in two days and our launch window opens on the 25th. So, I&#8217;ll tell<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"2 minutes, 7 seconds you a little bit about our launch and everything, but I want to start by uh just saying I still have goosebumps from\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">2:07<\/div>\n<\/div>\n<p>you a little bit about our launch and everything, but I want to start by uh just saying I still have goosebumps from<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"2 minutes, 13 seconds that Concordia launch. I thought that was just one of the most amazing things that's happened in recent memory uh in\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">2:13<\/div>\n<\/div>\n<p>that Concordia launch. I thought that was just one of the most amazing things that&#8217;s happened in recent memory uh in<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"2 minutes, 20 seconds in in space in Canada. Um so, uh that was just that was so awesome. One of the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">2:20<\/div>\n<\/div>\n<p>in in space in Canada. Um so, uh that was just that was so awesome. One of the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"2 minutes, 26 seconds reasons in fact I started Nordspace a couple years ago um was when I heard Oleg the director of the Stariller\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">2:26<\/div>\n<\/div>\n<p>reasons in fact I started Nordspace a couple years ago um was when I heard Oleg the director of the Stariller<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"2 minutes, 33 seconds program. I was just like walking down the frozen aisle section of like Superstore and I heard a podcast with him and if you if you've met him and you\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">2:33<\/div>\n<\/div>\n<p>program. I was just like walking down the frozen aisle section of like Superstore and I heard a podcast with him and if you if you&#8217;ve met him and you<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"2 minutes, 40 seconds know him he's like so enthusiastic and he spoke so enthusiastically about the work that they're doing. And I've always\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">2:40<\/div>\n<\/div>\n<p>know him he&#8217;s like so enthusiastic and he spoke so enthusiastically about the work that they&#8217;re doing. And I&#8217;ve always<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"2 minutes, 46 seconds had this dream to start a company in space in Canada. And that was kind of one of the moments one of maybe two or\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">2:46<\/div>\n<\/div>\n<p>had this dream to start a company in space in Canada. And that was kind of one of the moments one of maybe two or<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"2 minutes, 52 seconds three moments where I'm like all right I think I think I got to do this. this is the right time. Um, and then you know,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">2:52<\/div>\n<\/div>\n<p>three moments where I&#8217;m like all right I think I think I got to do this. this is the right time. Um, and then you know,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"2 minutes, 58 seconds one thing leads to another. So, uh, it's amazing what students do. They inspire, um, people older than students. I was a\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">2:58<\/div>\n<\/div>\n<p>one thing leads to another. So, uh, it&#8217;s amazing what students do. They inspire, um, people older than students. I was a<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"3 minutes, 4 seconds student not too long ago, but not anymore. I guess I am actually part-time. Um, but, uh, real thanks to\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">3:04<\/div>\n<\/div>\n<p>student not too long ago, but not anymore. I guess I am actually part-time. Um, but, uh, real thanks to<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"3 minutes, 11 seconds Concordia and congratulations to them. So, um, if we can get the slides, I can get started. Um, I figured what I'd do\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">3:11<\/div>\n<\/div>\n<p>Concordia and congratulations to them. So, um, if we can get the slides, I can get started. Um, I figured what I&#8217;d do<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"3 minutes, 19 seconds is last year I talked a little bit about kind of building a launch company in Canada and I talked about some of the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">3:19<\/div>\n<\/div>\n<p>is last year I talked a little bit about kind of building a launch company in Canada and I talked about some of the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"3 minutes, 25 seconds lessons that I've learned and I what I'm thinking is if I have the honor to do this again every year, maybe I'll just\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">3:25<\/div>\n<\/div>\n<p>lessons that I&#8217;ve learned and I what I&#8217;m thinking is if I have the honor to do this again every year, maybe I&#8217;ll just<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"3 minutes, 30 seconds give you an update on some of the things that I've learned uh some of the big mistakes we've made so that when you all\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">3:30<\/div>\n<\/div>\n<p>give you an update on some of the things that I&#8217;ve learned uh some of the big mistakes we&#8217;ve made so that when you all<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"3 minutes, 37 seconds start your own launch companies as well in Canada, you don't have to do the same things that make the same mistakes that\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">3:37<\/div>\n<\/div>\n<p>start your own launch companies as well in Canada, you don&#8217;t have to do the same things that make the same mistakes that<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"3 minutes, 43 seconds we did. But I'll give you a couple updates on Nordspace and then I'll tell you about um some of the lessons and uh\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">3:43<\/div>\n<\/div>\n<p>we did. But I&#8217;ll give you a couple updates on Nordspace and then I&#8217;ll tell you about um some of the lessons and uh<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"3 minutes, 49 seconds hopefully it's helpful. So um\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">3:49<\/div>\n<\/div>\n<p>hopefully it&#8217;s helpful. So um<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"3 minutes, 54 seconds oops back one. There we go. Uh this is the only like doom and gloom. Just the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">3:54<\/div>\n<\/div>\n<p>oops back one. There we go. Uh this is the only like doom and gloom. Just the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"4 minutes first we're pretty far behind as Canadians. Uh you know we just are. Um there's countries all over the world and\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">4:00<\/div>\n<\/div>\n<p>first we&#8217;re pretty far behind as Canadians. Uh you know we just are. Um there&#8217;s countries all over the world and<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"4 minutes, 8 seconds this is kind of we all know this right? We we know you all graduate. You end up going to other places in the world to\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">4:08<\/div>\n<\/div>\n<p>this is kind of we all know this right? We we know you all graduate. You end up going to other places in the world to<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"4 minutes, 14 seconds work on rockets. That's great. We really need to keep everyone here at home and we're just so far behind. We're one of\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">4:14<\/div>\n<\/div>\n<p>work on rockets. That&#8217;s great. We really need to keep everyone here at home and we&#8217;re just so far behind. We&#8217;re one of<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"4 minutes, 20 seconds the only G7 nations really that doesn't have this capability behind almost 20 others by our latest count. This is\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">4:20<\/div>\n<\/div>\n<p>the only G7 nations really that doesn&#8217;t have this capability behind almost 20 others by our latest count. This is<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"4 minutes, 25 seconds honestly unacceptable. And I'll I'll tell you about how I sort of perceive this by the end of this presentation\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">4:25<\/div>\n<\/div>\n<p>honestly unacceptable. And I&#8217;ll I&#8217;ll tell you about how I sort of perceive this by the end of this presentation<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"4 minutes, 31 seconds because in my experience, it's you students who have been shouldering the burden of really bringing Canadian\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">4:31<\/div>\n<\/div>\n<p>because in my experience, it&#8217;s you students who have been shouldering the burden of really bringing Canadian<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"4 minutes, 36 seconds launch folks like Adam Launch Canada and everything. And I don't think it's fair. I think this is something that companies\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">4:36<\/div>\n<\/div>\n<p>launch folks like Adam Launch Canada and everything. And I don&#8217;t think it&#8217;s fair. I think this is something that companies<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"4 minutes, 42 seconds should be doing in our government and uh and and you all benefit from the ecosystem that's created. You can work here and all of that. Um so I'm pretty\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">4:42<\/div>\n<\/div>\n<p>should be doing in our government and uh and and you all benefit from the ecosystem that&#8217;s created. You can work here and all of that. Um so I&#8217;m pretty<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"4 minutes, 49 seconds upset about this and and and we're going to change it for sure. I talked about this last year. I always do. I think we're facing an Averro Arero moment.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">4:49<\/div>\n<\/div>\n<p>upset about this and and and we&#8217;re going to change it for sure. I talked about this last year. I always do. I think we&#8217;re facing an Averro Arero moment.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"4 minutes, 55 seconds Another big moment for me in my life was when I saw that full scale model of the Averro Arrow that's now at the Edenville\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">4:55<\/div>\n<\/div>\n<p>Another big moment for me in my life was when I saw that full scale model of the Averro Arrow that&#8217;s now at the Edenville<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"5 minutes, 1 second Aerody Drone. Um and I couldn't believe that something like that existed. And then I couldn't believe that it didn't\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">5:01<\/div>\n<\/div>\n<p>Aerody Drone. Um and I couldn&#8217;t believe that something like that existed. And then I couldn&#8217;t believe that it didn&#8217;t<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"5 minutes, 7 seconds exist. And that really like broke my heart when I was a kid and I committed myself kind of emotionally at that point\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">5:07<\/div>\n<\/div>\n<p>exist. And that really like broke my heart when I was a kid and I committed myself kind of emotionally at that point<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"5 minutes, 13 seconds that I wanted to be a part of aerospace and space flight. So I'm going to jump into some Nord Space updates and tell\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">5:13<\/div>\n<\/div>\n<p>that I wanted to be a part of aerospace and space flight. So I&#8217;m going to jump into some Nord Space updates and tell<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"5 minutes, 19 seconds you a little bit about this. It's it's really an honor to be uh uh following Reaction Dynamics. Uh they've really set\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">5:19<\/div>\n<\/div>\n<p>you a little bit about this. It&#8217;s it&#8217;s really an honor to be uh uh following Reaction Dynamics. Uh they&#8217;ve really set<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"5 minutes, 26 seconds a strong precedent for launch in Canada and we've learned a lot from them. But we are fundamentally a very different\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">5:26<\/div>\n<\/div>\n<p>a strong precedent for launch in Canada and we&#8217;ve learned a lot from them. But we are fundamentally a very different<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"5 minutes, 31 seconds company. Uh we describe Nordspace as an end-to-end space missions company.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">5:31<\/div>\n<\/div>\n<p>company. Uh we describe Nordspace as an end-to-end space missions company.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"5 minutes, 36 seconds That's very specifically why we've taken on this immense challenge of not just building rockets but building everything\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">5:36<\/div>\n<\/div>\n<p>That&#8217;s very specifically why we&#8217;ve taken on this immense challenge of not just building rockets but building everything<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"5 minutes, 42 seconds that's under them and everything that goes on top of them as well. In our definition, in our you know in in\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">5:42<\/div>\n<\/div>\n<p>that&#8217;s under them and everything that goes on top of them as well. In our definition, in our you know in in<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"5 minutes, 47 seconds personally sovereign launch for Canada means launching Canadian rockets from Canadian soil with Canadian payloads on\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">5:47<\/div>\n<\/div>\n<p>personally sovereign launch for Canada means launching Canadian rockets from Canadian soil with Canadian payloads on<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"5 minutes, 53 seconds top of them. And there is no way that if we have if we miss even one of those things it's not a true Sovereign launch\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">5:53<\/div>\n<\/div>\n<p>top of them. And there is no way that if we have if we miss even one of those things it&#8217;s not a true Sovereign launch<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"5 minutes, 59 seconds capability. And we remained unconvinced that that capability exists in Canada on\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">5:59<\/div>\n<\/div>\n<p>capability. And we remained unconvinced that that capability exists in Canada on<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"6 minutes, 5 seconds the other two sides. So we could just focus on rockets and we had to make sure that we actually developed a sovereign capability. So we took on the challenge\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">6:05<\/div>\n<\/div>\n<p>the other two sides. So we could just focus on rockets and we had to make sure that we actually developed a sovereign capability. So we took on the challenge<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"6 minutes, 11 seconds to do all three and it's been like it's been pretty hard. I'll tell you a little bit about it but we've made great\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">6:11<\/div>\n<\/div>\n<p>to do all three and it&#8217;s been like it&#8217;s been pretty hard. I&#8217;ll tell you a little bit about it but we&#8217;ve made great<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"6 minutes, 16 seconds progress. So we're doing launch, we're building our own spaceport, we're building our own satellites and we're also layering on all kinds of defense\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">6:16<\/div>\n<\/div>\n<p>progress. So we&#8217;re doing launch, we&#8217;re building our own spaceport, we&#8217;re building our own satellites and we&#8217;re also layering on all kinds of defense<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"6 minutes, 22 seconds applications as well. We have three launch vehicles that are on our in our road map. Um we have Taiga which is\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">6:22<\/div>\n<\/div>\n<p>applications as well. We have three launch vehicles that are on our in our road map. Um we have Taiga which is<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"6 minutes, 28 seconds launching in nine days, 10 days. Uh, and this is like a really this is this is it's going to be so much fun to see this\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">6:28<\/div>\n<\/div>\n<p>launching in nine days, 10 days. Uh, and this is like a really this is this is it&#8217;s going to be so much fun to see this<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"6 minutes, 35 seconds thing finally fly. It's been six months in the making. Um, and uh, and we've\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">6:35<\/div>\n<\/div>\n<p>thing finally fly. It&#8217;s been six months in the making. Um, and uh, and we&#8217;ve<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"6 minutes, 40 seconds just moved as fast as we possibly could to get this flight uh, up and running. I'll tell you a little bit about our\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">6:40<\/div>\n<\/div>\n<p>just moved as fast as we possibly could to get this flight uh, up and running. I&#8217;ll tell you a little bit about our<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"6 minutes, 45 seconds engine development and everything else. Tyundra is going to be our first orbital vehicle that will run for a couple years\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">6:45<\/div>\n<\/div>\n<p>engine development and everything else. Tyundra is going to be our first orbital vehicle that will run for a couple years<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"6 minutes, 51 seconds um, as as we uh, lad up to Titan, which would be five tons to lower Earth orbit.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">6:51<\/div>\n<\/div>\n<p>um, as as we uh, lad up to Titan, which would be five tons to lower Earth orbit.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"6 minutes, 56 seconds Uh, and and we're we're really investing in heavier lift. So it minimum 500 kg which is why we're doing Tundra but\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">6:56<\/div>\n<\/div>\n<p>Uh, and and we&#8217;re we&#8217;re really investing in heavier lift. So it minimum 500 kg which is why we&#8217;re doing Tundra but<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"7 minutes, 3 seconds really we don't even think that's enough and given the direction that the market is going larger capabilities\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">7:03<\/div>\n<\/div>\n<p>really we don&#8217;t even think that&#8217;s enough and given the direction that the market is going larger capabilities<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"7 minutes, 8 seconds constellations and all of that. So we need to get as Canadians in the early 2030s to a medium lift launch vehicle\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">7:08<\/div>\n<\/div>\n<p>constellations and all of that. So we need to get as Canadians in the early 2030s to a medium lift launch vehicle<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"7 minutes, 14 seconds and there's just no way around that. So I'll tell you a little bit about Tundra. It's still a really exciting vehicle. It's powered in the first stage by seven\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">7:14<\/div>\n<\/div>\n<p>and there&#8217;s just no way around that. So I&#8217;ll tell you a little bit about Tundra. It&#8217;s still a really exciting vehicle. It&#8217;s powered in the first stage by seven<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"7 minutes, 21 seconds of our Hatfield engines. We're lucky to be endorsed by Chris Hatfield on this. I don't think he was incredibly happy when\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">7:21<\/div>\n<\/div>\n<p>of our Hatfield engines. We&#8217;re lucky to be endorsed by Chris Hatfield on this. I don&#8217;t think he was incredibly happy when<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"7 minutes, 27 seconds he first heard about it. Uh but we you know we we really uh I think we won him over. Um our second stage is uh powered\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">7:27<\/div>\n<\/div>\n<p>he first heard about it. Uh but we you know we we really uh I think we won him over. Um our second stage is uh powered<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"7 minutes, 33 seconds by one of our Garno uh engines very similar to the Hadfield but vacuum optimized. Very fortunate that we were\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">7:33<\/div>\n<\/div>\n<p>by one of our Garno uh engines very similar to the Hadfield but vacuum optimized. Very fortunate that we were<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"7 minutes, 39 seconds able to actually show Mark Arno uh before his passing um footage of his own\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">7:39<\/div>\n<\/div>\n<p>able to actually show Mark Arno uh before his passing um footage of his own<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"7 minutes, 44 seconds engine development and and hotfiring as well. Um so the the rocket itself about 26 meters tall meter and a half in\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">7:44<\/div>\n<\/div>\n<p>engine development and and hotfiring as well. Um so the the rocket itself about 26 meters tall meter and a half in<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"7 minutes, 51 seconds diameter uh and able to carry 500 kilograms to LEO, 300 to SSO. And I\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">7:51<\/div>\n<\/div>\n<p>diameter uh and able to carry 500 kilograms to LEO, 300 to SSO. And I<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"7 minutes, 56 seconds think this is one of the most important things. We do a lot of market research and it's not enough. You know, a lot of\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">7:56<\/div>\n<\/div>\n<p>think this is one of the most important things. We do a lot of market research and it&#8217;s not enough. You know, a lot of<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"8 minutes, 1 second companies around the world, they talk about X kilograms to LEO. You really have to be specific. How many kilograms\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">8:01<\/div>\n<\/div>\n<p>companies around the world, they talk about X kilograms to LEO. You really have to be specific. How many kilograms<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"8 minutes, 9 seconds are you taking to what inclination, to what orbit, to what altitude? And SSO is where the money is. So that's kind of\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">8:09<\/div>\n<\/div>\n<p>are you taking to what inclination, to what orbit, to what altitude? And SSO is where the money is. So that&#8217;s kind of<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"8 minutes, 16 seconds like a minimum for us in order to get there. And we think we can ek out through like incredibly inefficient uh\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">8:16<\/div>\n<\/div>\n<p>like a minimum for us in order to get there. And we think we can ek out through like incredibly inefficient uh<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"8 minutes, 23 seconds uh TLI's a lunar orbit as well. So, you know, that's kind of just my fantasy. Um, so the Hadfield engine, uh, so\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">8:23<\/div>\n<\/div>\n<p>uh TLI&#8217;s a lunar orbit as well. So, you know, that&#8217;s kind of just my fantasy. Um, so the Hadfield engine, uh, so<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"8 minutes, 31 seconds Northspace, we're going to turn three years old, uh, in October. We've come a really long way. We're going to be by\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">8:31<\/div>\n<\/div>\n<p>Northspace, we&#8217;re going to turn three years old, uh, in October. We&#8217;ve come a really long way. We&#8217;re going to be by<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"8 minutes, 37 seconds the end of this year, um, about 23 or so people on our team. Uh, we do all almost\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">8:37<\/div>\n<\/div>\n<p>the end of this year, um, about 23 or so people on our team. Uh, we do all almost<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"8 minutes, 42 seconds all our own manufacturing. We've invested heavily in test facilities um, and everything else. But our Hatfield\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">8:42<\/div>\n<\/div>\n<p>all our own manufacturing. We&#8217;ve invested heavily in test facilities um, and everything else. But our Hatfield<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"8 minutes, 48 seconds engine, completely designed from scratch, also 3D printed, truly a marvel of modern rocket science and\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">8:48<\/div>\n<\/div>\n<p>engine, completely designed from scratch, also 3D printed, truly a marvel of modern rocket science and<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"8 minutes, 53 seconds development. Um, and it's designed to scale. Uh, one of the things and the reasons we chose liquids is like despite\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">8:53<\/div>\n<\/div>\n<p>development. Um, and it&#8217;s designed to scale. Uh, one of the things and the reasons we chose liquids is like despite<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"8 minutes, 59 seconds them being challenging, as Zach talked about, um, once you crack them, they they can scale pretty effectively. Uh,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">8:59<\/div>\n<\/div>\n<p>them being challenging, as Zach talked about, um, once you crack them, they they can scale pretty effectively. Uh,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"9 minutes, 6 seconds and it really comes down to like larger tanks, uh, at the end of the day. Um, but here's a little video showing what\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">9:06<\/div>\n<\/div>\n<p>and it really comes down to like larger tanks, uh, at the end of the day. Um, but here&#8217;s a little video showing what<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"9 minutes, 14 seconds an engine looks like when it's coming out of the printer. We did pretty up pretty it up a little bit, but um so\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">9:14<\/div>\n<\/div>\n<p>an engine looks like when it&#8217;s coming out of the printer. We did pretty up pretty it up a little bit, but um so<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"9 minutes, 20 seconds this is all in our facility, made in Canada, 100% from the design to the manufacturing. Uh it takes us about 60\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">9:20<\/div>\n<\/div>\n<p>this is all in our facility, made in Canada, 100% from the design to the manufacturing. Uh it takes us about 60<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"9 minutes, 26 seconds hours to produce a single one of these engines, 30 hours to post-process it. Um\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">9:26<\/div>\n<\/div>\n<p>hours to produce a single one of these engines, 30 hours to post-process it. Um<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"9 minutes, 31 seconds and it hits the it hits our test cell. Uh we're able to do anywhere between 5 to 10 hot fires in a single day. Uh and\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">9:31<\/div>\n<\/div>\n<p>and it hits the it hits our test cell. Uh we&#8217;re able to do anywhere between 5 to 10 hot fires in a single day. Uh and<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"9 minutes, 38 seconds run this thing constantly. Uh obviously regeneratively cooled and all of that as well. So, um it's mesmerizing to see\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">9:38<\/div>\n<\/div>\n<p>run this thing constantly. Uh obviously regeneratively cooled and all of that as well. So, um it&#8217;s mesmerizing to see<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"9 minutes, 46 seconds these things being produced right behind uh you know in in our shop. Um\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">9:46<\/div>\n<\/div>\n<p>these things being produced right behind uh you know in in our shop. Um<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"9 minutes, 56 seconds just get the next slide. I'm having a little trouble here. Oh, there we go. Uh quick stats on the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">9:56<\/div>\n<\/div>\n<p>just get the next slide. I&#8217;m having a little trouble here. Oh, there we go. Uh quick stats on the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"10 minutes, 2 seconds Hatfield engine. 35 millions of thrust. This is kind of where we're at right now. We may be actually a little bit\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">10:02<\/div>\n<\/div>\n<p>Hatfield engine. 35 millions of thrust. This is kind of where we&#8217;re at right now. We may be actually a little bit<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"10 minutes, 8 seconds over that. Uh go a little bit over that. um all the interesting numbers uh and um\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">10:08<\/div>\n<\/div>\n<p>over that. Uh go a little bit over that. um all the interesting numbers uh and um<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"10 minutes, 14 seconds you know if you if you're curious you can chat with me a little bit more about it or even ping our engineers. We're super transparent. We love talking about\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">10:14<\/div>\n<\/div>\n<p>you know if you if you&#8217;re curious you can chat with me a little bit more about it or even ping our engineers. We&#8217;re super transparent. We love talking about<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"10 minutes, 19 seconds what we do. Um so here's a video of what it looks like at our engine test facility and I'll tell you a little bit\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">10:19<\/div>\n<\/div>\n<p>what we do. Um so here&#8217;s a video of what it looks like at our engine test facility and I&#8217;ll tell you a little bit<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"10 minutes, 25 seconds about that. Um but this is what some of our hot fires look like. So we went\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">10:25<\/div>\n<\/div>\n<p>about that. Um but this is what some of our hot fires look like. So we went<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"10 minutes, 30 seconds through hell and back really trying to set up an engine test facility. We overstayed our welcome uh testing engines at Markham. Um and we moved\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">10:30<\/div>\n<\/div>\n<p>through hell and back really trying to set up an engine test facility. We overstayed our welcome uh testing engines at Markham. Um and we moved<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"10 minutes, 37 seconds super fast. So we had to find a way to like continue our testing. We ended up acquiring a large 50acre property that\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">10:37<\/div>\n<\/div>\n<p>super fast. So we had to find a way to like continue our testing. We ended up acquiring a large 50acre property that<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"10 minutes, 44 seconds used to be a like a aggregate mine and set ourselves up there within a matter of weeks. Uh completely built this new\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">10:44<\/div>\n<\/div>\n<p>used to be a like a aggregate mine and set ourselves up there within a matter of weeks. Uh completely built this new<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"10 minutes, 51 seconds test cell. This is able to not just test our suborbital rocket engines but also scale up to our orbital engines but\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">10:51<\/div>\n<\/div>\n<p>test cell. This is able to not just test our suborbital rocket engines but also scale up to our orbital engines but<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"10 minutes, 57 seconds specifically uh to mate our turbo pump systems that are in development right now. Um but anyway uh we we test our\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">10:57<\/div>\n<\/div>\n<p>specifically uh to mate our turbo pump systems that are in development right now. Um but anyway uh we we test our<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"11 minutes, 5 seconds engines here. Uh, one of our big limitations that we're still trying to solve is just like being able to have enough propellant for longer and longer\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">11:05<\/div>\n<\/div>\n<p>engines here. Uh, one of our big limitations that we&#8217;re still trying to solve is just like being able to have enough propellant for longer and longer<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"11 minutes, 11 seconds duration burns, several minutes at a time. Um, and uh, that's just a perennial challenge and we're working on\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">11:11<\/div>\n<\/div>\n<p>duration burns, several minutes at a time. Um, and uh, that&#8217;s just a perennial challenge and we&#8217;re working on<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"11 minutes, 17 seconds things like on-site generation of liquid oxygen um, and all kinds of other solutions as well. That'll all actually\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">11:17<\/div>\n<\/div>\n<p>things like on-site generation of liquid oxygen um, and all kinds of other solutions as well. That&#8217;ll all actually<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"11 minutes, 23 seconds scale up and support our spaceport also. So, talking about the spaceport, uh,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">11:23<\/div>\n<\/div>\n<p>scale up and support our spaceport also. So, talking about the spaceport, uh,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"11 minutes, 28 seconds we're working on our own launch site. Um, initially this is really something that we didn't want to do but it became\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">11:28<\/div>\n<\/div>\n<p>we&#8217;re working on our own launch site. Um, initially this is really something that we didn&#8217;t want to do but it became<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"11 minutes, 35 seconds apparent to us how important it is to do this in order to maintain the pace that we believe we need to maintain not as a\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">11:35<\/div>\n<\/div>\n<p>apparent to us how important it is to do this in order to maintain the pace that we believe we need to maintain not as a<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"11 minutes, 41 seconds company but as a country as well. So we call the Atlantic Spaceport Complex. Uh it's on the southeast shore of\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">11:41<\/div>\n<\/div>\n<p>company but as a country as well. So we call the Atlantic Spaceport Complex. Uh it&#8217;s on the southeast shore of<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"11 minutes, 46 seconds Newfoundland and Labrador. Um, excitingly and very proudly, uh, you know, with endless months of around the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">11:46<\/div>\n<\/div>\n<p>Newfoundland and Labrador. Um, excitingly and very proudly, uh, you know, with endless months of around the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"11 minutes, 54 seconds clock work, flying back and forth to Newfaland, uh, meeting politicians and everything, we were able to really push\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">11:54<\/div>\n<\/div>\n<p>clock work, flying back and forth to Newfaland, uh, meeting politicians and everything, we were able to really push<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"12 minutes, 1 second through and blast through the walls, get the necessary approvals to actually start construction a couple weeks ago.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">12:01<\/div>\n<\/div>\n<p>through and blast through the walls, get the necessary approvals to actually start construction a couple weeks ago.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"12 minutes, 6 seconds Um, so there's two aspects to the Atlantic Spaceport Complex. U, Slick One and Slick 2. I'll tell you a little bit\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">12:06<\/div>\n<\/div>\n<p>Um, so there&#8217;s two aspects to the Atlantic Spaceport Complex. U, Slick One and Slick 2. I&#8217;ll tell you a little bit<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"12 minutes, 12 seconds about that, but here's a quick video.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">12:12<\/div>\n<\/div>\n<p>about that, but here&#8217;s a quick video.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"12 minutes, 18 seconds So, uh, that's the area for Slick 2. This is where we're going to have mostly ground support equipment like radar\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">12:18<\/div>\n<\/div>\n<p>So, uh, that&#8217;s the area for Slick 2. This is where we&#8217;re going to have mostly ground support equipment like radar<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"12 minutes, 24 seconds tracking for range, uh, satcom and also a smaller launchpad. That's what we're going to be launching from in the next\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">12:24<\/div>\n<\/div>\n<p>tracking for range, uh, satcom and also a smaller launchpad. That&#8217;s what we&#8217;re going to be launching from in the next<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"12 minutes, 30 seconds uh, couple of days. Um, but it'll also be able to support um, you know, larger\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">12:30<\/div>\n<\/div>\n<p>uh, couple of days. Um, but it&#8217;ll also be able to support um, you know, larger<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"12 minutes, 35 seconds rockets um, but not orbital rockets. So, we are working pretty aggressively right now on a uh pretty exciting partnership\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">12:35<\/div>\n<\/div>\n<p>rockets um, but not orbital rockets. So, we are working pretty aggressively right now on a uh pretty exciting partnership<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"12 minutes, 43 seconds uh with an American company that's going to be looking to launch from here. Um and uh all of this is being used to test\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">12:43<\/div>\n<\/div>\n<p>uh with an American company that&#8217;s going to be looking to launch from here. Um and uh all of this is being used to test<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"12 minutes, 50 seconds uh what our development is going to look like in the next couple of months at Slick One. We're going to be building\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">12:50<\/div>\n<\/div>\n<p>uh what our development is going to look like in the next couple of months at Slick One. We&#8217;re going to be building<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"12 minutes, 56 seconds much longer road there. Um and we're going to be building all kinds of structures um and facilities,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">12:56<\/div>\n<\/div>\n<p>much longer road there. Um and we&#8217;re going to be building all kinds of structures um and facilities,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"13 minutes, 4 seconds lots lots of stuff. Uh, but obviously gorgeous location. I think we're going to get rocket ass for the money. I think\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">13:04<\/div>\n<\/div>\n<p>lots lots of stuff. Uh, but obviously gorgeous location. I think we&#8217;re going to get rocket ass for the money. I think<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"13 minutes, 10 seconds we might have the the most beautiful launch site in the world. Let's let's let's make that happen. Uh, but it's a\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">13:10<\/div>\n<\/div>\n<p>we might have the the most beautiful launch site in the world. Let&#8217;s let&#8217;s let&#8217;s make that happen. Uh, but it&#8217;s a<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"13 minutes, 16 seconds gorgeous place. And I really wish and hope some of you all can make it out there sometime. In terms of what we're doing there, like\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">13:16<\/div>\n<\/div>\n<p>gorgeous place. And I really wish and hope some of you all can make it out there sometime. In terms of what we&#8217;re doing there, like<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"13 minutes, 22 seconds I said, Slick One uh uh orbital launchpad, we're going to have two pads there. One for us, one for partners. Uh\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">13:22<\/div>\n<\/div>\n<p>I said, Slick One uh uh orbital launchpad, we&#8217;re going to have two pads there. One for us, one for partners. Uh<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"13 minutes, 28 seconds and at Slick 2, we're going to have all kinds of uh capabilities for communication, radar, um mission control\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">13:28<\/div>\n<\/div>\n<p>and at Slick 2, we&#8217;re going to have all kinds of uh capabilities for communication, radar, um mission control<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"13 minutes, 35 seconds type stuff as well. On our timeline, we're tracking pretty well, but it is super aggressive. 2024 was identifying\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">13:35<\/div>\n<\/div>\n<p>type stuff as well. On our timeline, we&#8217;re tracking pretty well, but it is super aggressive. 2024 was identifying<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"13 minutes, 41 seconds the location. 2025 getting all the uh initial approvals we require um and um\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">13:41<\/div>\n<\/div>\n<p>the location. 2025 getting all the uh initial approvals we require um and um<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"13 minutes, 47 seconds getting to start for construction going. 2026 making all those approvals permanent and also continuing on with\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">13:47<\/div>\n<\/div>\n<p>getting to start for construction going. 2026 making all those approvals permanent and also continuing on with<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"13 minutes, 53 seconds our construction 2027 operational readiness for launch all the way up to 29 where we're fully functional. Um so\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">13:53<\/div>\n<\/div>\n<p>our construction 2027 operational readiness for launch all the way up to 29 where we&#8217;re fully functional. Um so<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"14 minutes, 1 second uh yeah there isn't a lot of time to breathe uh definitely um but uh but we're making it happen.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">14:01<\/div>\n<\/div>\n<p>uh yeah there isn&#8217;t a lot of time to breathe uh definitely um but uh but we&#8217;re making it happen.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"14 minutes, 8 seconds Um, finally, uh, with the location itself. So, you know, if you're looking at it on a map, great location, 46\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">14:08<\/div>\n<\/div>\n<p>Um, finally, uh, with the location itself. So, you know, if you&#8217;re looking at it on a map, great location, 46<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"14 minutes, 15 seconds degree latitude. One of the things even Canadians often think, they're like, &quot;Oh, can you launch from Canada? Like, isn't it too far north?&quot; Um, you know,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">14:15<\/div>\n<\/div>\n<p>degree latitude. One of the things even Canadians often think, they&#8217;re like, &#8220;Oh, can you launch from Canada? Like, isn&#8217;t it too far north?&#8221; Um, you know,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"14 minutes, 22 seconds we're the same latitude as Seattle. Uh, the Russians launch from exactly the same latitude since like the beginning\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">14:22<\/div>\n<\/div>\n<p>we&#8217;re the same latitude as Seattle. Uh, the Russians launch from exactly the same latitude since like the beginning<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"14 minutes, 27 seconds of the space age. Um, and we're launching like clear over over the Atlantic Ocean. Um, so 45 46 to 100\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">14:27<\/div>\n<\/div>\n<p>of the space age. Um, and we&#8217;re launching like clear over over the Atlantic Ocean. Um, so 45 46 to 100<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"14 minutes, 34 seconds degrees launch inclinations. There's nothing in between us and the Atlantic Ocean. Um it's actually really ideal\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">14:34<\/div>\n<\/div>\n<p>degrees launch inclinations. There&#8217;s nothing in between us and the Atlantic Ocean. Um it&#8217;s actually really ideal<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"14 minutes, 40 seconds especially compared to some of the European launch sites. I think they really drew the short straw. But uh uh\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">14:40<\/div>\n<\/div>\n<p>especially compared to some of the European launch sites. I think they really drew the short straw. But uh uh<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"14 minutes, 46 seconds this is uh this is something that we're very encouraged by. Tell you a little bit about our satellite program and why\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">14:46<\/div>\n<\/div>\n<p>this is uh this is something that we&#8217;re very encouraged by. Tell you a little bit about our satellite program and why<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"14 minutes, 51 seconds this is just so important for us. It's not just about building launch but actually building the infrastructure so that at least 50% of our launch demand\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">14:51<\/div>\n<\/div>\n<p>this is just so important for us. It&#8217;s not just about building launch but actually building the infrastructure so that at least 50% of our launch demand<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"14 minutes, 58 seconds can come from Nordspace internally. Um this is why we think companies like SpaceX or Rocket Lab are so successful,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">14:58<\/div>\n<\/div>\n<p>can come from Nordspace internally. Um this is why we think companies like SpaceX or Rocket Lab are so successful,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"15 minutes, 4 seconds especially SpaceX. they're able to dog food their own capability. I mean, you think about it, almost 70% of SpaceX\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">15:04<\/div>\n<\/div>\n<p>especially SpaceX. they&#8217;re able to dog food their own capability. I mean, you think about it, almost 70% of SpaceX<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"15 minutes, 9 seconds launches are Starlink. So, are they a rocket company or are they satellite communications company? Hard to tell.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">15:09<\/div>\n<\/div>\n<p>launches are Starlink. So, are they a rocket company or are they satellite communications company? Hard to tell.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"15 minutes, 15 seconds Um, and same with Rocket Lab with Neutron. They're really investing heavily on their own buses and being able to launch their own capabilities on\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">15:15<\/div>\n<\/div>\n<p>Um, and same with Rocket Lab with Neutron. They&#8217;re really investing heavily on their own buses and being able to launch their own capabilities on<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"15 minutes, 21 seconds their own rockets. Um, so anyway, we're working on our own satellite bus. Uh, we're working on inspace propulsion and\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">15:21<\/div>\n<\/div>\n<p>their own rockets. Um, so anyway, we&#8217;re working on our own satellite bus. Uh, we&#8217;re working on inspace propulsion and<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"15 minutes, 27 seconds working on AI capabilities on the edge. Um, that's all culminating with our first satellite that's launching next\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">15:27<\/div>\n<\/div>\n<p>working on AI capabilities on the edge. Um, that&#8217;s all culminating with our first satellite that&#8217;s launching next<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"15 minutes, 34 seconds June. So, we haven't made this public yet, but we just signed a contract to launch a Transporter 17. Uh, hopefully\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">15:34<\/div>\n<\/div>\n<p>June. So, we haven&#8217;t made this public yet, but we just signed a contract to launch a Transporter 17. Uh, hopefully<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"15 minutes, 40 seconds the first and last time on a non-Canadian rocket. Um, doesn't matter who's, just, let's make sure it's\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">15:40<\/div>\n<\/div>\n<p>the first and last time on a non-Canadian rocket. Um, doesn&#8217;t matter who&#8217;s, just, let&#8217;s make sure it&#8217;s<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"15 minutes, 45 seconds Canadian. Um, and, uh, it, you know, it's going to feature, um, our main\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">15:45<\/div>\n<\/div>\n<p>Canadian. Um, and, uh, it, you know, it&#8217;s going to feature, um, our main<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"15 minutes, 50 seconds satellite bus that's able to scale up to about 16U um, and and larger if we need to. It's going to have our electric\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">15:50<\/div>\n<\/div>\n<p>satellite bus that&#8217;s able to scale up to about 16U um, and and larger if we need to. It&#8217;s going to have our electric<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"15 minutes, 57 seconds propulsion thruster and our Kronos camera. um that's primarily uh coincidentally going to be working on\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">15:57<\/div>\n<\/div>\n<p>propulsion thruster and our Kronos camera. um that&#8217;s primarily uh coincidentally going to be working on<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"16 minutes, 3 seconds wildfire prediction um and uh and management. So uh good timing on that\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">16:03<\/div>\n<\/div>\n<p>wildfire prediction um and uh and management. So uh good timing on that<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"16 minutes, 8 seconds part as well. So launch milestones, you know, we have ours coming up in the next couple of days. That launch is going to\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">16:08<\/div>\n<\/div>\n<p>part as well. So launch milestones, you know, we have ours coming up in the next couple of days. That launch is going to<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"16 minutes, 15 seconds just under, you know, about 10 kilometers. Um and uh uh and then we may\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">16:15<\/div>\n<\/div>\n<p>just under, you know, about 10 kilometers. Um and uh uh and then we may<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"16 minutes, 21 seconds or may not uh do another launch between then and orbital. It sort of really depends on our mission objectives. And I'll talk a little bit about mission\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">16:21<\/div>\n<\/div>\n<p>or may not uh do another launch between then and orbital. It sort of really depends on our mission objectives. And I&#8217;ll talk a little bit about mission<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"16 minutes, 27 seconds objectives. This is one of the things that really kind of became apparent to me over the last year since I talked to you all last time just how important\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">16:27<\/div>\n<\/div>\n<p>objectives. This is one of the things that really kind of became apparent to me over the last year since I talked to you all last time just how important<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"16 minutes, 34 seconds mission objectives are. Um, we have this thing, the Canadian Space Research Range is what we call the area that we're\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">16:34<\/div>\n<\/div>\n<p>mission objectives are. Um, we have this thing, the Canadian Space Research Range is what we call the area that we&#8217;re<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"16 minutes, 40 seconds testing our engines, the one that you saw in that video. So, like I said, it's a 50acre property and our intent behind\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">16:40<\/div>\n<\/div>\n<p>testing our engines, the one that you saw in that video. So, like I said, it&#8217;s a 50acre property and our intent behind<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"16 minutes, 45 seconds that is to actually add more capabilities there so students can use it, but also other researchers. Uh, we\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">16:45<\/div>\n<\/div>\n<p>that is to actually add more capabilities there so students can use it, but also other researchers. Uh, we<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"16 minutes, 50 seconds have two propulsion test cells there right now and we're going to be building another one uh over the next couple months. Um so uh but we wanted to be\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">16:50<\/div>\n<\/div>\n<p>have two propulsion test cells there right now and we&#8217;re going to be building another one uh over the next couple months. Um so uh but we wanted to be<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"16 minutes, 57 seconds able to support uh robotics, astronomy, all kinds of other things as well. Um so you know we're doing what we can to\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">16:57<\/div>\n<\/div>\n<p>able to support uh robotics, astronomy, all kinds of other things as well. Um so you know we&#8217;re doing what we can to<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"17 minutes, 3 seconds build infrastructure in the community. I think one of our biggest challenges in Canada is the fact that unlike the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">17:03<\/div>\n<\/div>\n<p>build infrastructure in the community. I think one of our biggest challenges in Canada is the fact that unlike the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"17 minutes, 8 seconds United States, we just don't have public infrastructure. We don't have launch sites. We don't have test facilities. Um\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">17:08<\/div>\n<\/div>\n<p>United States, we just don&#8217;t have public infrastructure. We don&#8217;t have launch sites. We don&#8217;t have test facilities. Um<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"17 minutes, 15 seconds and like a whole host of other things. Uh and I don't think it should be on a private company necessarily to build\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">17:15<\/div>\n<\/div>\n<p>and like a whole host of other things. Uh and I don&#8217;t think it should be on a private company necessarily to build<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"17 minutes, 20 seconds that stuff, but somebody has to do it. So, uh, we're we're doing what we can with what we have. So, our timeline,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">17:20<\/div>\n<\/div>\n<p>that stuff, but somebody has to do it. So, uh, we&#8217;re we&#8217;re doing what we can with what we have. So, our timeline,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"17 minutes, 27 seconds like how did we get here? Uh, we're almost about to turn three. Like, what's what's been the story so far? The story\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">17:27<\/div>\n<\/div>\n<p>like how did we get here? Uh, we&#8217;re almost about to turn three. Like, what&#8217;s what&#8217;s been the story so far? The story<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"17 minutes, 33 seconds of Nordspace is still largely intertwined with my own, but hopefully over time less and less. So, I like to\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">17:33<\/div>\n<\/div>\n<p>of Nordspace is still largely intertwined with my own, but hopefully over time less and less. So, I like to<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"17 minutes, 39 seconds include this because, you know, like you all, I've been in student design teams my whole life. Um, starting in grade\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">17:39<\/div>\n<\/div>\n<p>include this because, you know, like you all, I&#8217;ve been in student design teams my whole life. Um, starting in grade<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"17 minutes, 45 seconds five at the bottom right with Lego robotics. I don't like sharing that photo. looks I look pretty pudgy although I'm not looking too different\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">17:45<\/div>\n<\/div>\n<p>five at the bottom right with Lego robotics. I don&#8217;t like sharing that photo. looks I look pretty pudgy although I&#8217;m not looking too different<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"17 minutes, 51 seconds now. Uh but um uh but you know worked on satellites, worked on rovers, worked on\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">17:51<\/div>\n<\/div>\n<p>now. Uh but um uh but you know worked on satellites, worked on rovers, worked on<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"17 minutes, 57 seconds rockets, drones, you name it. Um so students are like this is this is my\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">17:57<\/div>\n<\/div>\n<p>rockets, drones, you name it. Um so students are like this is this is my<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"18 minutes, 2 seconds world and um not only is it an honor for me to be here, but I I absolutely believe students are our future uniquely\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">18:02<\/div>\n<\/div>\n<p>world and um not only is it an honor for me to be here, but I I absolutely believe students are our future uniquely<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"18 minutes, 9 seconds so in Canada. there's something in the water or the air that makes us so passionate and and we we just punch way\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">18:09<\/div>\n<\/div>\n<p>so in Canada. there&#8217;s something in the water or the air that makes us so passionate and and we we just punch way<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"18 minutes, 15 seconds above our weight everywhere where we go. Um I won't go through every detail, but you know, born in '92, so I'm 33 years\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">18:15<\/div>\n<\/div>\n<p>above our weight everywhere where we go. Um I won&#8217;t go through every detail, but you know, born in &#8217;92, so I&#8217;m 33 years<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"18 minutes, 21 seconds old. Um and like I took a pretty zigzag path to get here. I wanted to start Nordspace back when I graduated 2016\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">18:21<\/div>\n<\/div>\n<p>old. Um and like I took a pretty zigzag path to get here. I wanted to start Nordspace back when I graduated 2016<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"18 minutes, 28 seconds from undergrad. Very hard to raise a couple million dollars as a kid kind of out of undergrad. Maybe it's easier\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">18:28<\/div>\n<\/div>\n<p>from undergrad. Very hard to raise a couple million dollars as a kid kind of out of undergrad. Maybe it&#8217;s easier<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"18 minutes, 34 seconds these days. Wasn't for me. So, uh, I decided to take a detour and start other companies and try to make them\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">18:34<\/div>\n<\/div>\n<p>these days. Wasn&#8217;t for me. So, uh, I decided to take a detour and start other companies and try to make them<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"18 minutes, 39 seconds successful so that by the time I turn 30, which was almost, uh, three years ago, um, I can take the first step and\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">18:39<\/div>\n<\/div>\n<p>successful so that by the time I turn 30, which was almost, uh, three years ago, um, I can take the first step and<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"18 minutes, 47 seconds invest all my own capital into this company. Um, and derisk it for the Canadian ecosystem, for the Canadian\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">18:47<\/div>\n<\/div>\n<p>invest all my own capital into this company. Um, and derisk it for the Canadian ecosystem, for the Canadian<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"18 minutes, 53 seconds government from a technical and financial perspective, so that it's not a pipe dream, but it's like, look, we have something on the pad. We can scale\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">18:53<\/div>\n<\/div>\n<p>government from a technical and financial perspective, so that it&#8217;s not a pipe dream, but it&#8217;s like, look, we have something on the pad. We can scale<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"19 minutes this up. We can make it work. Let's work together. So um you know 2022 between\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">19:00<\/div>\n<\/div>\n<p>this up. We can make it work. Let&#8217;s work together. So um you know 2022 between<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"19 minutes, 5 seconds OLED and a bunch of other things um started uh Nordspace uh also met my\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">19:05<\/div>\n<\/div>\n<p>OLED and a bunch of other things um started uh Nordspace uh also met my<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"19 minutes, 10 seconds wife. A lot of changes in my life very positive ones uh but certainly some challenges before that.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">19:10<\/div>\n<\/div>\n<p>wife. A lot of changes in my life very positive ones uh but certainly some challenges before that.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"19 minutes, 17 seconds Um so it started on my porch basically in 2023. So it was me and our chief\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">19:17<\/div>\n<\/div>\n<p>Um so it started on my porch basically in 2023. So it was me and our chief<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"19 minutes, 22 seconds propulsion uh engineer Luxman. Um we didn't have really a facility uh exactly\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">19:22<\/div>\n<\/div>\n<p>propulsion uh engineer Luxman. Um we didn&#8217;t have really a facility uh exactly<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"19 minutes, 27 seconds then. Uh so we're just blowing stuff up on my porch. I still have stains. I can't get them out. Um, but you know,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">19:27<\/div>\n<\/div>\n<p>then. Uh so we&#8217;re just blowing stuff up on my porch. I still have stains. I can&#8217;t get them out. Um, but you know,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"19 minutes, 33 seconds less than a year later, we set up a facility. We hired a bunch of people on our team. We did our own in-house manufacturing, fired our first engine.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">19:33<\/div>\n<\/div>\n<p>less than a year later, we set up a facility. We hired a bunch of people on our team. We did our own in-house manufacturing, fired our first engine.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"19 minutes, 40 seconds Um, less than a year later, we assembled our first vehicle, test fired that in a fully vert vertically integrated way\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">19:40<\/div>\n<\/div>\n<p>Um, less than a year later, we assembled our first vehicle, test fired that in a fully vert vertically integrated way<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"19 minutes, 47 seconds back in January. All went great. Uh, and then started building our second vehicle. April 2024, rewinding up, you\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">19:47<\/div>\n<\/div>\n<p>back in January. All went great. Uh, and then started building our second vehicle. April 2024, rewinding up, you<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"19 minutes, 53 seconds know, last year is when we identified our launch site for the ASX. um May 2025, so just a couple months ago, we\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">19:53<\/div>\n<\/div>\n<p>know, last year is when we identified our launch site for the ASX. um May 2025, so just a couple months ago, we<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"20 minutes, 1 second completed our month-long campaign uh with our new Dark Force engine test cell, the video that you saw um and\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">20:01<\/div>\n<\/div>\n<p>completed our month-long campaign uh with our new Dark Force engine test cell, the video that you saw um and<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"20 minutes, 7 seconds qualified our engine for flight. Um and uh you know, a bunch of other things\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">20:07<\/div>\n<\/div>\n<p>qualified our engine for flight. Um and uh you know, a bunch of other things<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"20 minutes, 12 seconds along the way. So, we have mostly our team uh we have half our team working on this flight that's coming up and the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">20:12<\/div>\n<\/div>\n<p>along the way. So, we have mostly our team uh we have half our team working on this flight that&#8217;s coming up and the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"20 minutes, 18 seconds other half is working on things like space systems and orbital. So, we've been working on things like orbital tank manufacturing, uh turbo pumps, and\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">20:18<\/div>\n<\/div>\n<p>other half is working on things like space systems and orbital. So, we&#8217;ve been working on things like orbital tank manufacturing, uh turbo pumps, and<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"20 minutes, 25 seconds everything else. And I think one of the things I'm most excited about for this flight is being able to dedicate all the resources uh that we have right now on\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">20:25<\/div>\n<\/div>\n<p>everything else. And I think one of the things I&#8217;m most excited about for this flight is being able to dedicate all the resources uh that we have right now on<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"20 minutes, 32 seconds this mission and move them over to orbital because we really need to get going on that um ASAP. So yeah, uh July,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">20:32<\/div>\n<\/div>\n<p>this mission and move them over to orbital because we really need to get going on that um ASAP. So yeah, uh July,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"20 minutes, 40 seconds you know, we had our vehicle ready uh launch rail and everything ready uh\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">20:40<\/div>\n<\/div>\n<p>you know, we had our vehicle ready uh launch rail and everything ready uh<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"20 minutes, 45 seconds launch rail and everything good to go. Just final final checks. Again, our team\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">20:45<\/div>\n<\/div>\n<p>launch rail and everything good to go. Just final final checks. Again, our team<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"20 minutes, 50 seconds hasn't really slept in weeks. Uh just making sure that we get all of this going. uh they're really like this\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">20:50<\/div>\n<\/div>\n<p>hasn&#8217;t really slept in weeks. Uh just making sure that we get all of this going. uh they&#8217;re really like this<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"20 minutes, 55 seconds couldn't happen without without our team and many of them are of course um were in your shoes just a couple years ago.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">20:55<\/div>\n<\/div>\n<p>couldn&#8217;t happen without without our team and many of them are of course um were in your shoes just a couple years ago.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"21 minutes, 1 second So uh it's going to be pretty great. August like I said construction started um so so lots of big milestones uh we've\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">21:01<\/div>\n<\/div>\n<p>So uh it&#8217;s going to be pretty great. August like I said construction started um so so lots of big milestones uh we&#8217;ve<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"21 minutes, 8 seconds been crossing our first satellite's going to be ready for inspiration by January. Uh and um yeah lots lots on the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">21:08<\/div>\n<\/div>\n<p>been crossing our first satellite&#8217;s going to be ready for inspiration by January. Uh and um yeah lots lots on the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"21 minutes, 15 seconds horizon. So like I mentioned the reason we've been able to move pretty fast is private capital. Um and one of the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">21:15<\/div>\n<\/div>\n<p>horizon. So like I mentioned the reason we&#8217;ve been able to move pretty fast is private capital. Um and one of the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"21 minutes, 21 seconds reasons of course is number one definitely is our team. Um but you know uh significant personal commitment but\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">21:21<\/div>\n<\/div>\n<p>reasons of course is number one definitely is our team. Um but you know uh significant personal commitment but<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"21 minutes, 28 seconds also the commitment of everyone on our team as well. Just tremendous personal sacrifice. Uh but we're able to really\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">21:28<\/div>\n<\/div>\n<p>also the commitment of everyone on our team as well. Just tremendous personal sacrifice. Uh but we&#8217;re able to really<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"21 minutes, 34 seconds make our own decisions and I think that's what's allowed us to move really fast. Um and given me confidence as an\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">21:34<\/div>\n<\/div>\n<p>make our own decisions and I think that&#8217;s what&#8217;s allowed us to move really fast. Um and given me confidence as an<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"21 minutes, 39 seconds investor in our own company that I can keep investing more. Um, and we're really trying to do something hard here,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">21:39<\/div>\n<\/div>\n<p>investor in our own company that I can keep investing more. Um, and we&#8217;re really trying to do something hard here,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"21 minutes, 46 seconds which is trying to have the lowest program cost and not dilute our cap table at all before we uh perform our\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">21:46<\/div>\n<\/div>\n<p>which is trying to have the lowest program cost and not dilute our cap table at all before we uh perform our<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"21 minutes, 52 seconds first orbital flight. Uh, we think that's going to really um get our unit economics down so much to a point where\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">21:52<\/div>\n<\/div>\n<p>first orbital flight. Uh, we think that&#8217;s going to really um get our unit economics down so much to a point where<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"21 minutes, 59 seconds when we're managing our own spaceport, managing our own bus, managing our own rocket, and managing our own cap table entirely, uh we can have a very\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">21:59<\/div>\n<\/div>\n<p>when we&#8217;re managing our own spaceport, managing our own bus, managing our own rocket, and managing our own cap table entirely, uh we can have a very<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"22 minutes, 5 seconds compelling uh rocket program here in Canada. Launch is within reach for Canada as well from like a finance\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">22:05<\/div>\n<\/div>\n<p>compelling uh rocket program here in Canada. Launch is within reach for Canada as well from like a finance<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"22 minutes, 10 seconds perspective. One of the other misconceptions when we talk to people, again, you you all know this, but\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">22:10<\/div>\n<\/div>\n<p>perspective. One of the other misconceptions when we talk to people, again, you you all know this, but<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"22 minutes, 16 seconds outside people who know launch, it's like it's going to cost Canada like billions of dollars to build a launch vehicle. It's not. I mean, and there's\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">22:16<\/div>\n<\/div>\n<p>outside people who know launch, it&#8217;s like it&#8217;s going to cost Canada like billions of dollars to build a launch vehicle. It&#8217;s not. I mean, and there&#8217;s<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"22 minutes, 23 seconds no reason. I mean, you can spend billions of dollars and people have uh but also the most successful companies\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">22:23<\/div>\n<\/div>\n<p>no reason. I mean, you can spend billions of dollars and people have uh but also the most successful companies<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"22 minutes, 29 seconds haven't. Uh SpaceX had Falcon won for about 80 million almost 20 years ago, Rocket Lab 95. And these are brilliant\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">22:29<\/div>\n<\/div>\n<p>haven&#8217;t. Uh SpaceX had Falcon won for about 80 million almost 20 years ago, Rocket Lab 95. And these are brilliant<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"22 minutes, 36 seconds companies. I mean, it's it's bold of us, even compare ourselves to companies like these, but I think we have the right\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">22:36<\/div>\n<\/div>\n<p>companies. I mean, it&#8217;s it&#8217;s bold of us, even compare ourselves to companies like these, but I think we have the right<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"22 minutes, 42 seconds ethos and I think we have the benefit of modern technology and um and I think we can do that for for even cheaper. Um so\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">22:42<\/div>\n<\/div>\n<p>ethos and I think we have the benefit of modern technology and um and I think we can do that for for even cheaper. Um so<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"22 minutes, 49 seconds anyway, uh we're working right now in our phase B through a lot of different means. Uh again, we're really trying to\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">22:49<\/div>\n<\/div>\n<p>anyway, uh we&#8217;re working right now in our phase B through a lot of different means. Uh again, we&#8217;re really trying to<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"22 minutes, 54 seconds avoid private capital. Um but that's going to get us to our first orbital flight and phase C will allow us to\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">22:54<\/div>\n<\/div>\n<p>avoid private capital. Um but that&#8217;s going to get us to our first orbital flight and phase C will allow us to<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"23 minutes fully scale this thing up. So we're aiming to do this for about 100 million cash. Um, I wanted to like mention because I I\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">23:00<\/div>\n<\/div>\n<p>fully scale this thing up. So we&#8217;re aiming to do this for about 100 million cash. Um, I wanted to like mention because I I<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"23 minutes, 7 seconds think it's just the coolest thing ever. Uh, and that we have two rocket companies here in Canada. I think one of the cooler things also is that the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">23:07<\/div>\n<\/div>\n<p>think it&#8217;s just the coolest thing ever. Uh, and that we have two rocket companies here in Canada. I think one of the cooler things also is that the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"23 minutes, 14 seconds approaches are just so different. I think this is really important um, for Canadians uh, broadly who are not\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">23:14<\/div>\n<\/div>\n<p>approaches are just so different. I think this is really important um, for Canadians uh, broadly who are not<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"23 minutes, 20 seconds necessarily building the rockets but to know that um, you know, one of these approaches has got to work. on one end\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">23:20<\/div>\n<\/div>\n<p>necessarily building the rockets but to know that um, you know, one of these approaches has got to work. on one end<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"23 minutes, 25 seconds you have the you know us doing like end to end like you know doing all this other stuff to like really make sure\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">23:25<\/div>\n<\/div>\n<p>you have the you know us doing like end to end like you know doing all this other stuff to like really make sure<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"23 minutes, 31 seconds that we have the entire ecosystem around us to make launch successful and then you have reaction dynamics like brilliant engineers like Zach really\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">23:31<\/div>\n<\/div>\n<p>that we have the entire ecosystem around us to make launch successful and then you have reaction dynamics like brilliant engineers like Zach really<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"23 minutes, 37 seconds focused on making launch happen um and uh and and I think that's just the the difference is really great completely\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">23:37<\/div>\n<\/div>\n<p>focused on making launch happen um and uh and and I think that&#8217;s just the the difference is really great completely<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"23 minutes, 44 seconds different propulsion uh methodologies and philosophies behind it as well and also we're really trying to aim for the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">23:44<\/div>\n<\/div>\n<p>different propulsion uh methodologies and philosophies behind it as well and also we&#8217;re really trying to aim for the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"23 minutes, 49 seconds larger payload class which is obviously comes with a lot of challenges um and uh\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">23:49<\/div>\n<\/div>\n<p>larger payload class which is obviously comes with a lot of challenges um and uh<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"23 minutes, 55 seconds one of these has to work and uh so um you know for Canadians sake as long as\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">23:55<\/div>\n<\/div>\n<p>one of these has to work and uh so um you know for Canadians sake as long as<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"24 minutes one of them works I think it's great but it's really awesome to have two uh two bets and it's an honor to to be uh you\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">24:00<\/div>\n<\/div>\n<p>one of them works I think it&#8217;s great but it&#8217;s really awesome to have two uh two bets and it&#8217;s an honor to to be uh you<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"24 minutes, 6 seconds know in this healthy race uh with reaction amendments. So um what I've learned so far I think this is pretty\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">24:06<\/div>\n<\/div>\n<p>know in this healthy race uh with reaction amendments. So um what I&#8217;ve learned so far I think this is pretty<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"24 minutes, 12 seconds important. It's kind of an opportunity for me to reflect as well a little bit. Um there's certainly some some things\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">24:12<\/div>\n<\/div>\n<p>important. It&#8217;s kind of an opportunity for me to reflect as well a little bit. Um there&#8217;s certainly some some things<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"24 minutes, 18 seconds over the last year that I've completely changed direction on and I'll tell you a little bit about those and some that\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">24:18<\/div>\n<\/div>\n<p>over the last year that I&#8217;ve completely changed direction on and I&#8217;ll tell you a little bit about those and some that<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"24 minutes, 24 seconds have been like really reinforced and hopefully some of these are interesting uh to you. Um and and this is really\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">24:24<\/div>\n<\/div>\n<p>have been like really reinforced and hopefully some of these are interesting uh to you. Um and and this is really<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"24 minutes, 30 seconds from the lens of like a commercial company not as students. I think one of the biggest challenges for us, even for\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">24:30<\/div>\n<\/div>\n<p>from the lens of like a commercial company not as students. I think one of the biggest challenges for us, even for<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"24 minutes, 36 seconds me, was to unlearn the student mindset and move into a professional mindset\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">24:36<\/div>\n<\/div>\n<p>me, was to unlearn the student mindset and move into a professional mindset<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"24 minutes, 42 seconds where it's honestly business decisions that drive so much of what we do and not the engineering challenge of it. One of\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">24:42<\/div>\n<\/div>\n<p>where it&#8217;s honestly business decisions that drive so much of what we do and not the engineering challenge of it. One of<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"24 minutes, 49 seconds the things I loved about being a student is we could just do things because they were hard. Um, that's not a luxury we\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">24:49<\/div>\n<\/div>\n<p>the things I loved about being a student is we could just do things because they were hard. Um, that&#8217;s not a luxury we<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"24 minutes, 55 seconds necessarily have uh as a as a commercial company. tell you a little bit about that. But number one, and this hasn't\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">24:55<\/div>\n<\/div>\n<p>necessarily have uh as a as a commercial company. tell you a little bit about that. But number one, and this hasn&#8217;t<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"25 minutes, 1 second changed for me, is time is everything. It, you know, I I have some benefit of\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">25:01<\/div>\n<\/div>\n<p>changed for me, is time is everything. It, you know, I I have some benefit of<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"25 minutes, 7 seconds being an entrepreneur before this in another context as well. And uh and it's just dawned on me so many times that um\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">25:07<\/div>\n<\/div>\n<p>being an entrepreneur before this in another context as well. And uh and it&#8217;s just dawned on me so many times that um<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"25 minutes, 15 seconds when when somebody doesn't appreciate just the value of time, it it becomes really hard, at least for me to\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">25:15<\/div>\n<\/div>\n<p>when when somebody doesn&#8217;t appreciate just the value of time, it it becomes really hard, at least for me to<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"25 minutes, 20 seconds personally work with them. So, a lot of people ask like, &quot;What do you look for when you're hiring at Nordspace?&quot; And I put this photo up. I'm guessing most of\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">25:20<\/div>\n<\/div>\n<p>personally work with them. So, a lot of people ask like, &#8220;What do you look for when you&#8217;re hiring at Nordspace?&#8221; And I put this photo up. I&#8217;m guessing most of<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"25 minutes, 26 seconds you watch Interstellar. It's one of my favorite scenes because if you listen to like a soundtrack, they have this like\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">25:26<\/div>\n<\/div>\n<p>you watch Interstellar. It&#8217;s one of my favorite scenes because if you listen to like a soundtrack, they have this like<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"25 minutes, 31 seconds metronome with the, you know, every tick, like every second. And for better or for worse, that's like inside me\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">25:31<\/div>\n<\/div>\n<p>metronome with the, you know, every tick, like every second. And for better or for worse, that&#8217;s like inside me<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"25 minutes, 38 seconds every second of my life. I can't stop this thing. I have this like metronome going and it's like it's like setting the pace for my life. It's usually like\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">25:38<\/div>\n<\/div>\n<p>every second of my life. I can&#8217;t stop this thing. I have this like metronome going and it&#8217;s like it&#8217;s like setting the pace for my life. It&#8217;s usually like<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"25 minutes, 46 seconds a great thing. Sometimes it drives me bananas, but um that's what I look for personally when I'm hiring uh among\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">25:46<\/div>\n<\/div>\n<p>a great thing. Sometimes it drives me bananas, but um that&#8217;s what I look for personally when I&#8217;m hiring uh among<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"25 minutes, 52 seconds other things. And what what I look for when we look at partners to work with us, whether they're partners on the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">25:52<\/div>\n<\/div>\n<p>other things. And what what I look for when we look at partners to work with us, whether they&#8217;re partners on the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"25 minutes, 57 seconds ground or partners for uh people who are going to supply things for us on a rocket uh or launch with us, do they do\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">25:57<\/div>\n<\/div>\n<p>ground or partners for uh people who are going to supply things for us on a rocket uh or launch with us, do they do<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"26 minutes, 4 seconds they have that same sense of urgency? Do they have the same appreciation for time? And uh if they don't, we don't\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">26:04<\/div>\n<\/div>\n<p>they have that same sense of urgency? Do they have the same appreciation for time? And uh if they don&#8217;t, we don&#8217;t<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"26 minutes, 11 seconds work with them. Like straight up, we don't work with them. But if they do, or if they're even close and we know we can sort of sync up with them, then then we\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">26:11<\/div>\n<\/div>\n<p>work with them. Like straight up, we don&#8217;t work with them. But if they do, or if they&#8217;re even close and we know we can sort of sync up with them, then then we<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"26 minutes, 18 seconds then we do. So time is everything for us. Um, and that that guides so many of our decisions. Um, and uh, you know, you\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">26:18<\/div>\n<\/div>\n<p>then we do. So time is everything for us. Um, and that that guides so many of our decisions. Um, and uh, you know, you<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"26 minutes, 25 seconds you'll see some of that as I go on. The other thing I've really like cemented, I\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">26:25<\/div>\n<\/div>\n<p>you&#8217;ll see some of that as I go on. The other thing I&#8217;ve really like cemented, I<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"26 minutes, 30 seconds kind of had this inkling last year, but I it became really apparent to me that building something small is just about\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">26:30<\/div>\n<\/div>\n<p>kind of had this inkling last year, but I it became really apparent to me that building something small is just about<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"26 minutes, 38 seconds as as hard as building something big. So, go big every single time. It's going to be a little painful in the beginning.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">26:38<\/div>\n<\/div>\n<p>as as hard as building something big. So, go big every single time. It&#8217;s going to be a little painful in the beginning.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"26 minutes, 44 seconds There's like a bit of a mental barrier there. Um but at the end of the day especially with rockets things are so\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">26:44<\/div>\n<\/div>\n<p>There&#8217;s like a bit of a mental barrier there. Um but at the end of the day especially with rockets things are so<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"26 minutes, 49 seconds complex um space in general that you know aim aim higher there's no the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">26:49<\/div>\n<\/div>\n<p>complex um space in general that you know aim aim higher there&#8217;s no the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"26 minutes, 55 seconds marginal difference uh is is actually very minimal at least so far in our experience and I've heard this advice\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">26:55<\/div>\n<\/div>\n<p>marginal difference uh is is actually very minimal at least so far in our experience and I&#8217;ve heard this advice<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"27 minutes from many others as well. So that's why we're aiming for larger rockets and larger capabilities. That's why we're aiming for this endto-end capability. Um\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">27:00<\/div>\n<\/div>\n<p>from many others as well. So that&#8217;s why we&#8217;re aiming for larger rockets and larger capabilities. That&#8217;s why we&#8217;re aiming for this endto-end capability. Um<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"27 minutes, 7 seconds and and it's kind of really starting to settle in now. the the whole like shock shock factor around that like can we\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">27:07<\/div>\n<\/div>\n<p>and and it&#8217;s kind of really starting to settle in now. the the whole like shock shock factor around that like can we<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"27 minutes, 13 seconds actually do all this has has gone away and now it's very very tactical very operational where we're actually figure\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">27:13<\/div>\n<\/div>\n<p>actually do all this has has gone away and now it&#8217;s very very tactical very operational where we&#8217;re actually figure<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"27 minutes, 18 seconds out how to make all these pieces come together but it's definitely scary to start but I if I if I can you know I I I\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">27:18<\/div>\n<\/div>\n<p>out how to make all these pieces come together but it&#8217;s definitely scary to start but I if I if I can you know I I I<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"27 minutes, 25 seconds want to see the next I want to see Canada be the ones to even attempt like the first student orbital flight I think\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">27:25<\/div>\n<\/div>\n<p>want to see the next I want to see Canada be the ones to even attempt like the first student orbital flight I think<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"27 minutes, 31 seconds we can do this um something I totally didn't appreciate last year that I do\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">27:31<\/div>\n<\/div>\n<p>we can do this um something I totally didn&#8217;t appreciate last year that I do<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"27 minutes, 36 seconds now is um being honest about mission objectives uh I kind of completely glossed over\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">27:36<\/div>\n<\/div>\n<p>now is um being honest about mission objectives uh I kind of completely glossed over<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"27 minutes, 42 seconds mission objectives. I knew about requirements uh and really understood them. Um and you know I talk about like\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">27:42<\/div>\n<\/div>\n<p>mission objectives. I knew about requirements uh and really understood them. Um and you know I talk about like<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"27 minutes, 48 seconds deleting requirements constantly and making things as simple as possible. But I think mission objectives really become\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">27:48<\/div>\n<\/div>\n<p>deleting requirements constantly and making things as simple as possible. But I think mission objectives really become<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"27 minutes, 53 seconds your north star uh for everything that you do in a company like this one because this is where I think unlearning\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">27:53<\/div>\n<\/div>\n<p>your north star uh for everything that you do in a company like this one because this is where I think unlearning<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"28 minutes the student mindset has been most uh apparent. Um cuz you know when you start\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">28:00<\/div>\n<\/div>\n<p>the student mindset has been most uh apparent. Um cuz you know when you start<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"28 minutes, 5 seconds a when we started a rocket company we're like we want to build our suborbital we we want to build a rocket that you know\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">28:05<\/div>\n<\/div>\n<p>a when we started a rocket company we&#8217;re like we want to build our suborbital we we want to build a rocket that you know<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"28 minutes, 11 seconds um you know like for a really good example is actually our flight that's coming up. We we had this decision to\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">28:11<\/div>\n<\/div>\n<p>um you know like for a really good example is actually our flight that&#8217;s coming up. We we had this decision to<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"28 minutes, 18 seconds make um do we want this to be like a space shot or do we want to just look what what what are we trying to achieve\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">28:18<\/div>\n<\/div>\n<p>make um do we want this to be like a space shot or do we want to just look what what what are we trying to achieve<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"28 minutes, 24 seconds with this rocket and what is the consequence for time. So one of the biggest things was how high do we think want this thing to go and what is the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">28:24<\/div>\n<\/div>\n<p>with this rocket and what is the consequence for time. So one of the biggest things was how high do we think want this thing to go and what is the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"28 minutes, 31 seconds marginal gain uh with doing that and it became apparent that it would take us an extra six months roughly u maybe a year\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">28:31<\/div>\n<\/div>\n<p>marginal gain uh with doing that and it became apparent that it would take us an extra six months roughly u maybe a year<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"28 minutes, 38 seconds um to actually get to that point by adjusting a rocket to get there but the value was so minimal within the first\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">28:38<\/div>\n<\/div>\n<p>um to actually get to that point by adjusting a rocket to get there but the value was so minimal within the first<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"28 minutes, 45 seconds call it 10 to 30 seconds of flight we're able to actually learn everything that we needed to that that that we wanted to\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">28:45<\/div>\n<\/div>\n<p>call it 10 to 30 seconds of flight we&#8217;re able to actually learn everything that we needed to that that that we wanted to<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"28 minutes, 51 seconds again there is marginal gain um so our mission objective was clear the launch rail let this thing burn for about 10\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">28:51<\/div>\n<\/div>\n<p>again there is marginal gain um so our mission objective was clear the launch rail let this thing burn for about 10<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"28 minutes, 57 seconds seconds or whatever we need to and move on to orbital. And that's exactly what we're doing because as an orbital launch\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">28:57<\/div>\n<\/div>\n<p>seconds or whatever we need to and move on to orbital. And that&#8217;s exactly what we&#8217;re doing because as an orbital launch<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"29 minutes, 3 seconds company, that's our priority. But if we were, you know, uh, in the mindset where we just wanted to do really amazing\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">29:03<\/div>\n<\/div>\n<p>company, that&#8217;s our priority. But if we were, you know, uh, in the mindset where we just wanted to do really amazing<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"29 minutes, 8 seconds things because they're challenging, um, we might not have made that decision. So, this doesn't apply necessarily to\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">29:08<\/div>\n<\/div>\n<p>things because they&#8217;re challenging, um, we might not have made that decision. So, this doesn&#8217;t apply necessarily to<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"29 minutes, 14 seconds every company, but certainly goes for us. Um, this is something also that I've\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">29:14<\/div>\n<\/div>\n<p>every company, but certainly goes for us. Um, this is something also that I&#8217;ve<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"29 minutes, 20 seconds been really reflecting over. I think it's very important for a company, especially one like ours or launch\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">29:20<\/div>\n<\/div>\n<p>been really reflecting over. I think it&#8217;s very important for a company, especially one like ours or launch<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"29 minutes, 25 seconds companies in general, to really understand their why, whether you like SpaceX or not, and my feelings about\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">29:25<\/div>\n<\/div>\n<p>companies in general, to really understand their why, whether you like SpaceX or not, and my feelings about<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"29 minutes, 30 seconds SpaceX have changed a little bit over time. Um, I think they've been pretty consistent. You know, civilization on\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">29:30<\/div>\n<\/div>\n<p>SpaceX have changed a little bit over time. Um, I think they&#8217;ve been pretty consistent. You know, civilization on<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"29 minutes, 35 seconds Mars, all that stuff. Great. I think that's cool. That sort of like drives you forward as a company. I don't think\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">29:35<\/div>\n<\/div>\n<p>Mars, all that stuff. Great. I think that&#8217;s cool. That sort of like drives you forward as a company. I don&#8217;t think<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"29 minutes, 42 seconds for a launch company, it's enough to just be like, we want to build rockets because it's like important. And you\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">29:42<\/div>\n<\/div>\n<p>for a launch company, it&#8217;s enough to just be like, we want to build rockets because it&#8217;s like important. And you<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"29 minutes, 48 seconds know even like the sovereignty aspect is like it's it's pretty big but it's still not enough. Um and currently for us you\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">29:48<\/div>\n<\/div>\n<p>know even like the sovereignty aspect is like it&#8217;s it&#8217;s pretty big but it&#8217;s still not enough. Um and currently for us you<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"29 minutes, 54 seconds know it's about we have this vision that every country around the world friendly\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">29:54<\/div>\n<\/div>\n<p>know it&#8217;s about we have this vision that every country around the world friendly<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"29 minutes, 59 seconds country we want to make them a space fairing nation and we want to be able to develop the formula end to end here in\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">29:59<\/div>\n<\/div>\n<p>country we want to make them a space fairing nation and we want to be able to develop the formula end to end here in<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"30 minutes, 5 seconds Canada by making Canada a true space fairing nation first and then copy and paste that capability all around the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">30:05<\/div>\n<\/div>\n<p>Canada by making Canada a true space fairing nation first and then copy and paste that capability all around the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"30 minutes, 10 seconds world so that every nation on earth has the ability to reach space on their own and build their own space programs. So\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">30:10<\/div>\n<\/div>\n<p>world so that every nation on earth has the ability to reach space on their own and build their own space programs. So<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"30 minutes, 16 seconds that's what we're really focused on over the next decade and that's what's driving a lot of our why. But I think if\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">30:16<\/div>\n<\/div>\n<p>that&#8217;s what we&#8217;re really focused on over the next decade and that&#8217;s what&#8217;s driving a lot of our why. But I think if<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"30 minutes, 21 seconds you're going to start a rocket company, it's really important to have a why beyond just we want to build rockets because they're awesome. And they are.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">30:21<\/div>\n<\/div>\n<p>you&#8217;re going to start a rocket company, it&#8217;s really important to have a why beyond just we want to build rockets because they&#8217;re awesome. And they are.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"30 minutes, 28 seconds Um little controversial, but I've always maintained that I think Canada has a serious innovation problem. We really overindex on innovation. I don't want\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">30:28<\/div>\n<\/div>\n<p>Um little controversial, but I&#8217;ve always maintained that I think Canada has a serious innovation problem. We really overindex on innovation. I don&#8217;t want<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"30 minutes, 36 seconds this to sound like I'm discouraging innovation. I think actually the best place for innovation is where you guys are right now as students. The\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">30:36<\/div>\n<\/div>\n<p>this to sound like I&#8217;m discouraging innovation. I think actually the best place for innovation is where you guys are right now as students. The<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"30 minutes, 43 seconds consequence isn't nearly as high. And why are you doing this? at least why I was doing it as students as a student\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">30:43<\/div>\n<\/div>\n<p>consequence isn&#8217;t nearly as high. And why are you doing this? at least why I was doing it as students as a student<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"30 minutes, 48 seconds was to learn as much as I possibly can get as many hands-on skills as possible and I think the innovation should come\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">30:48<\/div>\n<\/div>\n<p>was to learn as much as I possibly can get as many hands-on skills as possible and I think the innovation should come<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"30 minutes, 54 seconds from universities should come from students but when it comes to building a capability which is what we need here in\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">30:54<\/div>\n<\/div>\n<p>from universities should come from students but when it comes to building a capability which is what we need here in<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"30 minutes, 59 seconds Canada not a technology we need to depart a little bit from trying to find\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">30:59<\/div>\n<\/div>\n<p>Canada not a technology we need to depart a little bit from trying to find<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"31 minutes, 5 seconds innovative differentiators with every single thing we do and just build something that works we need to build\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">31:05<\/div>\n<\/div>\n<p>innovative differentiators with every single thing we do and just build something that works we need to build<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"31 minutes, 11 seconds you know the the the Ford pickup truck that gets us to orbit and that values us the luxury to then start investing in\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">31:11<\/div>\n<\/div>\n<p>you know the the the Ford pickup truck that gets us to orbit and that values us the luxury to then start investing in<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"31 minutes, 16 seconds other innovative projects. So, let the business case guide you. I know that doesn't sound cool. I know you want the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">31:16<\/div>\n<\/div>\n<p>other innovative projects. So, let the business case guide you. I know that doesn&#8217;t sound cool. I know you want the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"31 minutes, 22 seconds engineering side quest to be the be all and end all and that's the fun stuff. We're all engineers here, but at the end\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">31:22<\/div>\n<\/div>\n<p>engineering side quest to be the be all and end all and that&#8217;s the fun stuff. We&#8217;re all engineers here, but at the end<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"31 minutes, 28 seconds of the day, if you're building an honest business, you have to let the business case guide you and focus on first principles.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">31:28<\/div>\n<\/div>\n<p>of the day, if you&#8217;re building an honest business, you have to let the business case guide you and focus on first principles.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"31 minutes, 35 seconds Um, the last couple of things, I really find that we've tended to overestimate what we can do in a day and really\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">31:35<\/div>\n<\/div>\n<p>Um, the last couple of things, I really find that we&#8217;ve tended to overestimate what we can do in a day and really<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"31 minutes, 41 seconds underestimate what we can do in a month or a year. And this is something that we're just constantly, especially me, trying to like calibrate and like force\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">31:41<\/div>\n<\/div>\n<p>underestimate what we can do in a month or a year. And this is something that we&#8217;re just constantly, especially me, trying to like calibrate and like force<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"31 minutes, 48 seconds myself out of. Um, and this is especially true, I think, for very complex projects. Um, so by constantly\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">31:48<\/div>\n<\/div>\n<p>myself out of. Um, and this is especially true, I think, for very complex projects. Um, so by constantly<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"31 minutes, 55 seconds like talking about this as a team, uh, and talking about it with your peers, it really helps you kind of reframe things\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">31:55<\/div>\n<\/div>\n<p>like talking about this as a team, uh, and talking about it with your peers, it really helps you kind of reframe things<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"32 minutes, 1 second and make sure that you're actually trying to be realistic about what you can do in a single day, but not unre not\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">32:01<\/div>\n<\/div>\n<p>and make sure that you&#8217;re actually trying to be realistic about what you can do in a single day, but not unre not<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"32 minutes, 7 seconds not, uh, underestimating actually what you can do in the longer term.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">32:07<\/div>\n<\/div>\n<p>not, uh, underestimating actually what you can do in the longer term.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"32 minutes, 12 seconds So this is one thing again from the student side I had to unlearn and it was a pretty painful one. It actually cost\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">32:12<\/div>\n<\/div>\n<p>So this is one thing again from the student side I had to unlearn and it was a pretty painful one. It actually cost<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"32 minutes, 18 seconds us probably a whole year on our program timeline. We could have been where we're at now like last year. Um\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">32:18<\/div>\n<\/div>\n<p>us probably a whole year on our program timeline. We could have been where we&#8217;re at now like last year. Um<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"32 minutes, 26 seconds so first it's really expensive rocket hardware as you all know. And second it's just like fun to like build stuff.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">32:26<\/div>\n<\/div>\n<p>so first it&#8217;s really expensive rocket hardware as you all know. And second it&#8217;s just like fun to like build stuff.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"32 minutes, 32 seconds Uh, so you know, one of my earliest examples of this was trying to cut costs\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">32:32<\/div>\n<\/div>\n<p>Uh, so you know, one of my earliest examples of this was trying to cut costs<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"32 minutes, 37 seconds and all of that, right? Like for a first engine test cell, we needed a DACK and we're like, man, like we don't want to drop 30 grand on like an NI system and\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">32:37<\/div>\n<\/div>\n<p>and all of that, right? Like for a first engine test cell, we needed a DACK and we&#8217;re like, man, like we don&#8217;t want to drop 30 grand on like an NI system and<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"32 minutes, 45 seconds then, you know, another 30 on cards and all of that. We're going to go with like labjack, which no offense, I'm sure many\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">32:45<\/div>\n<\/div>\n<p>then, you know, another 30 on cards and all of that. We&#8217;re going to go with like labjack, which no offense, I&#8217;m sure many<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"32 minutes, 51 seconds many of you are using that. Oh, that was a really bad idea. Um, and that that you know, we we lost a lot of time. Uh, a\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">32:51<\/div>\n<\/div>\n<p>many of you are using that. Oh, that was a really bad idea. Um, and that that you know, we we lost a lot of time. Uh, a<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"32 minutes, 59 seconds lot of time and time is time is money. So that was a major mistake and that really you know reprogrammed my mind.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">32:59<\/div>\n<\/div>\n<p>lot of time and time is time is money. So that was a major mistake and that really you know reprogrammed my mind.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"33 minutes, 5 seconds It's like look we're serious about building a rocket company. There are certain things we have to invest in and we have to do it right and focus not on\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">33:05<\/div>\n<\/div>\n<p>It&#8217;s like look we&#8217;re serious about building a rocket company. There are certain things we have to invest in and we have to do it right and focus not on<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"33 minutes, 13 seconds kind of the enablement side. Let people who've already figured that out do that thing and we focus on the on the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">33:13<\/div>\n<\/div>\n<p>kind of the enablement side. Let people who&#8217;ve already figured that out do that thing and we focus on the on the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"33 minutes, 18 seconds engineering of the rockets and and do that. Another really good example is I this was a top down thing for me. I'm\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">33:18<\/div>\n<\/div>\n<p>engineering of the rockets and and do that. Another really good example is I this was a top down thing for me. I&#8217;m<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"33 minutes, 23 seconds like we have to build all our PCBs inhouse because that's the way we vertically integrate everything and\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">33:23<\/div>\n<\/div>\n<p>like we have to build all our PCBs inhouse because that&#8217;s the way we vertically integrate everything and<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"33 minutes, 29 seconds that's the way to do it. And we were building like PCBs to control like servos and stuff and it was just a total\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">33:29<\/div>\n<\/div>\n<p>that&#8217;s the way to do it. And we were building like PCBs to control like servos and stuff and it was just a total<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"33 minutes, 36 seconds nightmare because it adds months to your timeline. Um, and you don't need to do it. You just like go online and you buy\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">33:36<\/div>\n<\/div>\n<p>nightmare because it adds months to your timeline. Um, and you don&#8217;t need to do it. You just like go online and you buy<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"33 minutes, 43 seconds this thing even from from like in some cases like from Amazon. These are like like acceptable devices. I'm not saying\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">33:43<\/div>\n<\/div>\n<p>this thing even from from like in some cases like from Amazon. These are like like acceptable devices. I&#8217;m not saying<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"33 minutes, 48 seconds that that's where we get our all our like high performance gear from. But a\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">33:48<\/div>\n<\/div>\n<p>that that&#8217;s where we get our all our like high performance gear from. But a<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"33 minutes, 54 seconds lot of stuff is out there. Why why build stuff when you can buy it? But again on the student side, I think it makes total\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">33:54<\/div>\n<\/div>\n<p>lot of stuff is out there. Why why build stuff when you can buy it? But again on the student side, I think it makes total<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"33 minutes, 59 seconds sense. Seeing custom PCBs, seeing you guys make, you know, a lot from a little. I think that's what the student\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">33:59<\/div>\n<\/div>\n<p>sense. Seeing custom PCBs, seeing you guys make, you know, a lot from a little. I think that&#8217;s what the student<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"34 minutes, 5 seconds experience is all about. But we really had to unlearn that. I had to unlearn that um over the last year, especially\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">34:05<\/div>\n<\/div>\n<p>experience is all about. But we really had to unlearn that. I had to unlearn that um over the last year, especially<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"34 minutes, 12 seconds uh after some very very painful and very expensive and costly mistakes on that front. Oh yeah. Um valves, they really\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">34:12<\/div>\n<\/div>\n<p>uh after some very very painful and very expensive and costly mistakes on that front. Oh yeah. Um valves, they really<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"34 minutes, 20 seconds suck. Um so, you know, if I if there's one reason to build solids, it's like\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">34:20<\/div>\n<\/div>\n<p>suck. Um so, you know, if I if there&#8217;s one reason to build solids, it&#8217;s like<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"34 minutes, 25 seconds less valves for sure. Um, and it's kind of comes down to the same thing, like hacking away with like uh like Toys R Us\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">34:25<\/div>\n<\/div>\n<p>less valves for sure. Um, and it&#8217;s kind of comes down to the same thing, like hacking away with like uh like Toys R Us<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"34 minutes, 32 seconds valves versus like calling it new space versus like just just getting the the good quality stuff or at least like\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">34:32<\/div>\n<\/div>\n<p>valves versus like calling it new space versus like just just getting the the good quality stuff or at least like<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"34 minutes, 38 seconds medium quality stuff. Like it makes a big difference. So, um yeah, but uh this\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">34:38<\/div>\n<\/div>\n<p>medium quality stuff. Like it makes a big difference. So, um yeah, but uh this<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"34 minutes, 44 seconds is not the end of our our terrible experience with valves. Uh we're proud to be sponsoring a bunch of teams here\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">34:44<\/div>\n<\/div>\n<p>is not the end of our our terrible experience with valves. Uh we&#8217;re proud to be sponsoring a bunch of teams here<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"34 minutes, 50 seconds today. We also sponsor rocket uh robotics, satellites, and all kinds of other things as well. I is really in our\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">34:50<\/div>\n<\/div>\n<p>today. We also sponsor rocket uh robotics, satellites, and all kinds of other things as well. I is really in our<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"34 minutes, 55 seconds DNA. I wish more of our team could be here today, but they're just so busy. Uh but we're trying to do more things um\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">34:55<\/div>\n<\/div>\n<p>DNA. I wish more of our team could be here today, but they&#8217;re just so busy. Uh but we&#8217;re trying to do more things um<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"35 minutes, 1 second including create other competitive environments uh for students.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">35:01<\/div>\n<\/div>\n<p>including create other competitive environments uh for students.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"35 minutes, 6 seconds The last thing, you know, um Apollo the average age to get people to the moon like I mean if they could do this like\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">35:06<\/div>\n<\/div>\n<p>The last thing, you know, um Apollo the average age to get people to the moon like I mean if they could do this like<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"35 minutes, 12 seconds what I don't know like well over 60 years ago I I guess now like come on we\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">35:12<\/div>\n<\/div>\n<p>what I don&#8217;t know like well over 60 years ago I I guess now like come on we<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"35 minutes, 19 seconds can do this. uh 28 years. I think like I said, students are going to pave the way for Canadian space flight for opening\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">35:19<\/div>\n<\/div>\n<p>can do this. uh 28 years. I think like I said, students are going to pave the way for Canadian space flight for opening<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"35 minutes, 25 seconds everything space. You heard Zach said it as well. How many of their team members at at Reaction Dynamics are from our\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">35:25<\/div>\n<\/div>\n<p>everything space. You heard Zach said it as well. How many of their team members at at Reaction Dynamics are from our<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"35 minutes, 32 seconds students uh from Launch Canada and Rocket Teams, same deal in our case, we can't do what we do without Launch\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">35:32<\/div>\n<\/div>\n<p>students uh from Launch Canada and Rocket Teams, same deal in our case, we can&#8217;t do what we do without Launch<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"35 minutes, 38 seconds Canada and without you all. Um and I think one of the coolest things is that they come in to a company like ours and\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">35:38<\/div>\n<\/div>\n<p>Canada and without you all. Um and I think one of the coolest things is that they come in to a company like ours and<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"35 minutes, 44 seconds they still believe the impossible is possible. And um we try to maintain that. I try to maintain that personally\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">35:44<\/div>\n<\/div>\n<p>they still believe the impossible is possible. And um we try to maintain that. I try to maintain that personally<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"35 minutes, 50 seconds as long as it possibly can and there are some realities of working you know in in in in the professional world but um the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">35:50<\/div>\n<\/div>\n<p>as long as it possibly can and there are some realities of working you know in in in in the professional world but um the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"35 minutes, 57 seconds impossible can be made possible and and and believe this I ask this every single time as my last slide do we choose this\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">35:57<\/div>\n<\/div>\n<p>impossible can be made possible and and and believe this I ask this every single time as my last slide do we choose this<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"36 minutes, 3 seconds is a choice I think we consciously can make as Canadians are we going to be leaders are we going to be participants I'm tired of being participants I think\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">36:03<\/div>\n<\/div>\n<p>is a choice I think we consciously can make as Canadians are we going to be leaders are we going to be participants I&#8217;m tired of being participants I think<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"36 minutes, 11 seconds we can lead I know we can lead a huge economy we have amazing talent you all\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">36:11<\/div>\n<\/div>\n<p>we can lead I know we can lead a huge economy we have amazing talent you all<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"36 minutes, 16 seconds go everywhere else and build other people space programs. We can do that here. So, let's lead, guys. Thank you\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">36:16<\/div>\n<\/div>\n<p>go everywhere else and build other people space programs. We can do that here. So, let&#8217;s lead, guys. Thank you<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"36 minutes, 22 seconds for your time today. Um, and and congratulations and good luck with your launches.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">36:22<\/div>\n<\/div>\n<p>for your time today. Um, and and congratulations and good luck with your launches.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"36 minutes, 27 seconds [Applause]\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">36:27<\/div>\n<\/div>\n<p>[Applause]<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"36 minutes, 33 seconds Beautiful presentation really. Um, and you know, I've had a chance to see Rahul speak a few times by now and assist them\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">36:33<\/div>\n<\/div>\n<p>Beautiful presentation really. Um, and you know, I&#8217;ve had a chance to see Rahul speak a few times by now and assist them<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"36 minutes, 40 seconds and every time I end up being more excited than the previous one. I got to say congratulations and thank you. Do we\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">36:40<\/div>\n<\/div>\n<p>and every time I end up being more excited than the previous one. I got to say congratulations and thank you. Do we<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"36 minutes, 47 seconds have any questions from the audience? I do one have one to start the ball if\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">36:47<\/div>\n<\/div>\n<p>have any questions from the audience? I do one have one to start the ball if<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"36 minutes, 53 seconds that's okay. Okay. I do have one to start if that's okay. Um like I said, every time you speak I'm\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">36:53<\/div>\n<\/div>\n<p>that&#8217;s okay. Okay. I do have one to start if that&#8217;s okay. Um like I said, every time you speak I&#8217;m<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"36 minutes, 59 seconds flabbergasted at your speed and how you achieve things in so efficient little\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">36:59<\/div>\n<\/div>\n<p>flabbergasted at your speed and how you achieve things in so efficient little<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"37 minutes, 4 seconds time and big milestones. any recommendations to entrepreneurs out there, students that want to start\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">37:04<\/div>\n<\/div>\n<p>time and big milestones. any recommendations to entrepreneurs out there, students that want to start<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"37 minutes, 10 seconds engineering in a hard projects in Canada on how they can achieve hard technical milestones in so short amount of time in\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">37:10<\/div>\n<\/div>\n<p>engineering in a hard projects in Canada on how they can achieve hard technical milestones in so short amount of time in<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"37 minutes, 16 seconds the regulatory environment that we have in aerospace. Yeah, I mean it's it's a it's really\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">37:16<\/div>\n<\/div>\n<p>the regulatory environment that we have in aerospace. Yeah, I mean it&#8217;s it&#8217;s a it&#8217;s really<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"37 minutes, 22 seconds mostly a cultural thing. I mean you need somebody on the team who has that like metronome that drum beat I was talking\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">37:22<\/div>\n<\/div>\n<p>mostly a cultural thing. I mean you need somebody on the team who has that like metronome that drum beat I was talking<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"37 minutes, 29 seconds about. That was that's why my first lesson learned about just the importance of time. Um, and often it comes down to\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">37:29<\/div>\n<\/div>\n<p>about. That was that&#8217;s why my first lesson learned about just the importance of time. Um, and often it comes down to<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"37 minutes, 34 seconds like the the first person on that team and they set the pace. And I, you know, you see that in sports, you see that\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">37:34<\/div>\n<\/div>\n<p>like the the first person on that team and they set the pace. And I, you know, you see that in sports, you see that<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"37 minutes, 40 seconds everywhere, you have, you have people that set the pace. And I think it's really important to recruit leaders as\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">37:40<\/div>\n<\/div>\n<p>everywhere, you have, you have people that set the pace. And I think it&#8217;s really important to recruit leaders as<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"37 minutes, 45 seconds well on your team. I one of the things that's often done in companies um is uh\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">37:45<\/div>\n<\/div>\n<p>well on your team. I one of the things that&#8217;s often done in companies um is uh<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"37 minutes, 51 seconds you hire CEOs, right? And and and not every founder is necessarily ideal to be\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">37:51<\/div>\n<\/div>\n<p>you hire CEOs, right? And and and not every founder is necessarily ideal to be<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"37 minutes, 57 seconds a CEO. I don't know if I am, but I'm in this role right now. So um but one of\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">37:57<\/div>\n<\/div>\n<p>a CEO. I don&#8217;t know if I am, but I&#8217;m in this role right now. So um but one of<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"38 minutes, 2 seconds the qualities I would look for if I was in in a student team is maybe you find somebody that's not necessarily an\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">38:02<\/div>\n<\/div>\n<p>the qualities I would look for if I was in in a student team is maybe you find somebody that&#8217;s not necessarily an<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"38 minutes, 7 seconds engineer but has great management style and they are able to set that pace for you and help you with project\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">38:07<\/div>\n<\/div>\n<p>engineer but has great management style and they are able to set that pace for you and help you with project<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"38 minutes, 13 seconds management. Um, one of the things that helped us tremendously was uh, a year ago we had uh, Derek uh, join us on the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">38:13<\/div>\n<\/div>\n<p>management. Um, one of the things that helped us tremendously was uh, a year ago we had uh, Derek uh, join us on the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"38 minutes, 19 seconds operations side and um, you know, he's also an aerospace engineer but doesn't do any technical work but without his\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">38:19<\/div>\n<\/div>\n<p>operations side and um, you know, he&#8217;s also an aerospace engineer but doesn&#8217;t do any technical work but without his<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"38 minutes, 25 seconds input on project management and like actually taking the sheer chaos that I'm constantly funneling towards him and\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">38:25<\/div>\n<\/div>\n<p>input on project management and like actually taking the sheer chaos that I&#8217;m constantly funneling towards him and<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"38 minutes, 31 seconds like distilling that down into project management plans, speaking about it in a calm way um, and like uh, that that just\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">38:31<\/div>\n<\/div>\n<p>like distilling that down into project management plans, speaking about it in a calm way um, and like uh, that that just<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"38 minutes, 38 seconds makes a world of a difference. So, it's not enough to just be able to like talk about doing things fast like, you know,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">38:38<\/div>\n<\/div>\n<p>makes a world of a difference. So, it&#8217;s not enough to just be able to like talk about doing things fast like, you know,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"38 minutes, 44 seconds like cracking a whip or something. You really need to have a plan around that. We're still learning how to do that effectively. I think we can move 10\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">38:44<\/div>\n<\/div>\n<p>like cracking a whip or something. You really need to have a plan around that. We&#8217;re still learning how to do that effectively. I think we can move 10<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"38 minutes, 50 seconds times faster. Um, it's just trying to avoid the mistakes, some of the ones I've talked about as well.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">38:50<\/div>\n<\/div>\n<p>times faster. Um, it&#8217;s just trying to avoid the mistakes, some of the ones I&#8217;ve talked about as well.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"38 minutes, 55 seconds So, find the right people. Thank you. People are everything. Yeah, for sure.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">38:55<\/div>\n<\/div>\n<p>So, find the right people. Thank you. People are everything. Yeah, for sure.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"39 minutes, 4 seconds Hey Julia.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">39:04<\/div>\n<\/div>\n<p>Hey Julia.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"39 minutes, 10 seconds Uh hello. Thank you. Um I just have a few questions about your uh printed engine. Um in particular, what kind of\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">39:10<\/div>\n<\/div>\n<p>Uh hello. Thank you. Um I just have a few questions about your uh printed engine. Um in particular, what kind of<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"39 minutes, 16 seconds heat treatment process do you guys do on your engine? Um and I also wanted to ask about the envelope of the of the size\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">39:16<\/div>\n<\/div>\n<p>heat treatment process do you guys do on your engine? Um and I also wanted to ask about the envelope of the of the size<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"39 minutes, 22 seconds prints that you guys have. Uh you talk about heat treatment. Yes. Okay. Um, I can't tell you the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">39:22<\/div>\n<\/div>\n<p>prints that you guys have. Uh you talk about heat treatment. Yes. Okay. Um, I can&#8217;t tell you the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"39 minutes, 28 seconds exact profile, but you know, we have a furnace uh in our facility. We run it for about 36 hours. Um, so that thing\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">39:28<\/div>\n<\/div>\n<p>exact profile, but you know, we have a furnace uh in our facility. We run it for about 36 hours. Um, so that thing<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"39 minutes, 36 seconds comes out looking pretty uh not pretty. Um, you know, uh, but um, uh, I can\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">39:36<\/div>\n<\/div>\n<p>comes out looking pretty uh not pretty. Um, you know, uh, but um, uh, I can<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"39 minutes, 43 seconds maybe tell you a little bit more about that offline, but we've done a bunch of structural tests. Um, you know, we\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">39:43<\/div>\n<\/div>\n<p>maybe tell you a little bit more about that offline, but we&#8217;ve done a bunch of structural tests. Um, you know, we<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"39 minutes, 48 seconds started with like 3D printing and then ran coupons inside there, done pencil tests and all kinds of other tests. Figured out what the ideal situation\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">39:48<\/div>\n<\/div>\n<p>started with like 3D printing and then ran coupons inside there, done pencil tests and all kinds of other tests. Figured out what the ideal situation<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"39 minutes, 54 seconds was. Um, so yeah, we bake the thing and um, for the printer, so right now we\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">39:54<\/div>\n<\/div>\n<p>was. Um, so yeah, we bake the thing and um, for the printer, so right now we<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"40 minutes have our our first printer in our currently our only printer. Uh, it's roughly about like 50 centimeters by 50\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">40:00<\/div>\n<\/div>\n<p>have our our first printer in our currently our only printer. Uh, it&#8217;s roughly about like 50 centimeters by 50<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"40 minutes, 6 seconds by 50. Um, a little bit just a little bit smaller than that. Uh, but we're looking now to get two new capabilities.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">40:06<\/div>\n<\/div>\n<p>by 50. Um, a little bit just a little bit smaller than that. Uh, but we&#8217;re looking now to get two new capabilities.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"40 minutes, 12 seconds One on a laser DED um, side and another which might be at the meter scale for\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">40:12<\/div>\n<\/div>\n<p>One on a laser DED um, side and another which might be at the meter scale for<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"40 minutes, 19 seconds powder bed fusion. So um yeah um we haven't announced it yet but we have\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">40:19<\/div>\n<\/div>\n<p>powder bed fusion. So um yeah um we haven&#8217;t announced it yet but we have<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"40 minutes, 24 seconds we're we're we have something big coming on on the on the additive manufacturing side. Wow. Thank you very much.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">40:24<\/div>\n<\/div>\n<p>we&#8217;re we&#8217;re we have something big coming on on the on the additive manufacturing side. Wow. Thank you very much.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"40 minutes, 30 seconds Yeah.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">40:30<\/div>\n<\/div>\n<p>Yeah.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"40 minutes, 36 seconds Hey Rahul. Uh I just wanted to ask what your plans are for scaling up manufacturing capabilities uh so you can\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">40:36<\/div>\n<\/div>\n<p>Hey Rahul. Uh I just wanted to ask what your plans are for scaling up manufacturing capabilities uh so you can<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"40 minutes, 41 seconds have that high launch cadence. Scaling launch capabilities. Is that what you have? Scaling manufacturing.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">40:41<\/div>\n<\/div>\n<p>have that high launch cadence. Scaling launch capabilities. Is that what you have? Scaling manufacturing.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"40 minutes, 49 seconds Um yeah, I mean we try to use other than 3D printing which arguably can be called\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">40:49<\/div>\n<\/div>\n<p>Um yeah, I mean we try to use other than 3D printing which arguably can be called<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"40 minutes, 55 seconds conventional to in some circles now. Um we really try to like stick to conventional everything. So that's why\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">40:55<\/div>\n<\/div>\n<p>conventional to in some circles now. Um we really try to like stick to conventional everything. So that&#8217;s why<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"41 minutes, 2 seconds like conventional propellants, conventional manufacturing processes as as best we can. Um so that just lends\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">41:02<\/div>\n<\/div>\n<p>like conventional propellants, conventional manufacturing processes as as best we can. Um so that just lends<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"41 minutes, 9 seconds itself to us being able to use almost any machine shop um and and produce what\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">41:09<\/div>\n<\/div>\n<p>itself to us being able to use almost any machine shop um and and produce what<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"41 minutes, 14 seconds we need in high quantities. Our goal is definitely to do that in-house as much as we can. But if we're not using highly\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">41:14<\/div>\n<\/div>\n<p>we need in high quantities. Our goal is definitely to do that in-house as much as we can. But if we&#8217;re not using highly<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"41 minutes, 19 seconds specialized equipment, then that means that we can leverage third parties, you know, if we get a if we get demand for\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">41:19<\/div>\n<\/div>\n<p>specialized equipment, then that means that we can leverage third parties, you know, if we get a if we get demand for<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"41 minutes, 25 seconds like somebody needs 100 launch vehicles uh like tomorrow, um we can find a path\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">41:25<\/div>\n<\/div>\n<p>like somebody needs 100 launch vehicles uh like tomorrow, um we can find a path<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"41 minutes, 31 seconds to make that happen uh because we're not necessarily like creating our own machines and creating our own processes\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">41:31<\/div>\n<\/div>\n<p>to make that happen uh because we&#8217;re not necessarily like creating our own machines and creating our own processes<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"41 minutes, 37 seconds around that. But I think as much as we think about scaled manufacturing, it's not something that necessarily keeps us\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">41:37<\/div>\n<\/div>\n<p>around that. But I think as much as we think about scaled manufacturing, it&#8217;s not something that necessarily keeps us<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"41 minutes, 43 seconds up at night. Um uh right now we call what we have like kind of a manufacturing lab. Um we're looking in\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">41:43<\/div>\n<\/div>\n<p>up at night. Um uh right now we call what we have like kind of a manufacturing lab. Um we&#8217;re looking in<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"41 minutes, 50 seconds the next year to quadruple the size of our facility and that's going to be where we're actually going to be doing\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">41:50<\/div>\n<\/div>\n<p>the next year to quadruple the size of our facility and that&#8217;s going to be where we&#8217;re actually going to be doing<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"41 minutes, 55 seconds some more production scale. Awesome. Thanks. Sure.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">41:55<\/div>\n<\/div>\n<p>some more production scale. Awesome. Thanks. Sure.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"42 minutes, 9 seconds Hi R. Just real checking in. You left off at valves suck and that's so very\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">42:09<\/div>\n<\/div>\n<p>Hi R. Just real checking in. You left off at valves suck and that&#8217;s so very<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"42 minutes, 15 seconds true. In your experience, can you uh share with us valves that you'd say\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">42:15<\/div>\n<\/div>\n<p>true. In your experience, can you uh share with us valves that you&#8217;d say<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"42 minutes, 21 seconds don't touch, don't even bother. You're wasting your time. We've learned the hard way.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">42:21<\/div>\n<\/div>\n<p>don&#8217;t touch, don&#8217;t even bother. You&#8217;re wasting your time. We&#8217;ve learned the hard way.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"42 minutes, 26 seconds Tell you about valves that don't suck. No, the valves that made you really say\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">42:26<\/div>\n<\/div>\n<p>Tell you about valves that don&#8217;t suck. No, the valves that made you really say<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"42 minutes, 32 seconds valves suck. The ones that you're saying don't waste your time on. Yeah. Yeah. Yeah.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">42:32<\/div>\n<\/div>\n<p>valves suck. The ones that you&#8217;re saying don&#8217;t waste your time on. Yeah. Yeah. Yeah.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"42 minutes, 37 seconds Um, I mean, honestly, it's just it's us using valves. So, there's certain places\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">42:37<\/div>\n<\/div>\n<p>Um, I mean, honestly, it&#8217;s just it&#8217;s us using valves. So, there&#8217;s certain places<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"42 minutes, 44 seconds in our in our fluid control systems where we actually can use valves that aren't like purpose-built for like\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">42:44<\/div>\n<\/div>\n<p>in our in our fluid control systems where we actually can use valves that aren&#8217;t like purpose-built for like<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"42 minutes, 50 seconds rockets or very advanced aerospace and we get away with them. I think really it's a lot of the cryo valves that give\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">42:50<\/div>\n<\/div>\n<p>rockets or very advanced aerospace and we get away with them. I think really it&#8217;s a lot of the cryo valves that give<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"42 minutes, 57 seconds us some of the challenges and it's it's um it's us trying to cut corners like\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">42:57<\/div>\n<\/div>\n<p>us some of the challenges and it&#8217;s it&#8217;s um it&#8217;s us trying to cut corners like<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"43 minutes, 2 seconds you know a year ago, year and a half ago, not even cut corners like cut expense. I mean, a single high quality valve can cost over $10,000 easily, like\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">43:02<\/div>\n<\/div>\n<p>you know a year ago, year and a half ago, not even cut corners like cut expense. I mean, a single high quality valve can cost over $10,000 easily, like<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"43 minutes, 10 seconds a single valve. So, you know, if we can get one that's 500 or a thousand and like retrofit it for our systems. So, I\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">43:10<\/div>\n<\/div>\n<p>a single valve. So, you know, if we can get one that&#8217;s 500 or a thousand and like retrofit it for our systems. So, I<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"43 minutes, 18 seconds don't want to like necessarily dunk on valves that we use because we're kind of using them in a way that they weren't\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">43:18<\/div>\n<\/div>\n<p>don&#8217;t want to like necessarily dunk on valves that we use because we&#8217;re kind of using them in a way that they weren&#8217;t<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"43 minutes, 23 seconds necessarily meant for. And they actually do work. Like, I mean, uh, we we can make them work. There's certain areas\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">43:23<\/div>\n<\/div>\n<p>necessarily meant for. And they actually do work. Like, I mean, uh, we we can make them work. There&#8217;s certain areas<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"43 minutes, 29 seconds where we're now like we've invested in higher quality valves and regulator.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">43:29<\/div>\n<\/div>\n<p>where we&#8217;re now like we&#8217;ve invested in higher quality valves and regulator.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"43 minutes, 34 seconds It's mostly our fault, I would say. so far that we've uh mostly my fault I would say for for why we I have that\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">43:34<\/div>\n<\/div>\n<p>It&#8217;s mostly our fault, I would say. so far that we&#8217;ve uh mostly my fault I would say for for why we I have that<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"43 minutes, 41 seconds impression.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">43:41<\/div>\n<\/div>\n<p>impression.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"43 minutes, 48 seconds Hi Rul. So you had a pretty good part on uh making a business case for aerospace\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">43:48<\/div>\n<\/div>\n<p>Hi Rul. So you had a pretty good part on uh making a business case for aerospace<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"43 minutes, 54 seconds company like this and I kind of had two questions about that. So what do you think is going to give you a competitive edge over like these small budget rocket\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">43:54<\/div>\n<\/div>\n<p>company like this and I kind of had two questions about that. So what do you think is going to give you a competitive edge over like these small budget rocket<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"44 minutes companies like Rocket Labs in the states and what challenges do you see yourself overcoming towards a road of profit\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">44:00<\/div>\n<\/div>\n<p>companies like Rocket Labs in the states and what challenges do you see yourself overcoming towards a road of profit<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"44 minutes, 7 seconds profitability? Couldn't exactly hear that question. I think business case and rocket lab.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">44:07<\/div>\n<\/div>\n<p>profitability? Couldn&#8217;t exactly hear that question. I think business case and rocket lab.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"44 minutes, 12 seconds Yeah. So what do you think is going to give yourself a competitive edge over uh budget air like budget aerospace\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">44:12<\/div>\n<\/div>\n<p>Yeah. So what do you think is going to give yourself a competitive edge over uh budget air like budget aerospace<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"44 minutes, 18 seconds companies like Rocket Labs? And then what challenges do you see yourself overcoming towards a road to profitability?\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">44:18<\/div>\n<\/div>\n<p>companies like Rocket Labs? And then what challenges do you see yourself overcoming towards a road to profitability?<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"44 minutes, 24 seconds Um I I mean I honestly I think it's going to be really hard to compete against a company like Rocket Lab, especially out of the gate. Like they're\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">44:24<\/div>\n<\/div>\n<p>Um I I mean I honestly I think it&#8217;s going to be really hard to compete against a company like Rocket Lab, especially out of the gate. Like they&#8217;re<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"44 minutes, 30 seconds a fantastic company. A lot of what we do is model after them. Um our market research uh indicates that\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">44:30<\/div>\n<\/div>\n<p>a fantastic company. A lot of what we do is model after them. Um our market research uh indicates that<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"44 minutes, 38 seconds there's going to be quite a lot of demand for access to space for getting assets to space. Uh it's only\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">44:38<\/div>\n<\/div>\n<p>there&#8217;s going to be quite a lot of demand for access to space for getting assets to space. Uh it&#8217;s only<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"44 minutes, 44 seconds increasing. So our initial target market would be serving Canadian needs. We\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">44:44<\/div>\n<\/div>\n<p>increasing. So our initial target market would be serving Canadian needs. We<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"44 minutes, 49 seconds think we could probably do um you know anywhere from like five to 10 dedicated launches just to serve the Canadian\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">44:49<\/div>\n<\/div>\n<p>think we could probably do um you know anywhere from like five to 10 dedicated launches just to serve the Canadian<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"44 minutes, 56 seconds market first and then scale that up depending on which direction we need to head to whether it's building launch\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">44:56<\/div>\n<\/div>\n<p>market first and then scale that up depending on which direction we need to head to whether it&#8217;s building launch<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"45 minutes, 2 seconds capabilities like I you know aspired to in my presentation for other countries or just offering another solution. I\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">45:02<\/div>\n<\/div>\n<p>capabilities like I you know aspired to in my presentation for other countries or just offering another solution. I<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"45 minutes, 8 seconds mean other than SpaceX and rocket lab there really aren't that many I guess friendly nations that are regularly\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">45:08<\/div>\n<\/div>\n<p>mean other than SpaceX and rocket lab there really aren&#8217;t that many I guess friendly nations that are regularly<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"45 minutes, 14 seconds launching right now. Um, so whether it's on the, you know, spaceport side, launch vehicle side, or anything else there,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">45:14<\/div>\n<\/div>\n<p>launching right now. Um, so whether it&#8217;s on the, you know, spaceport side, launch vehicle side, or anything else there,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"45 minutes, 20 seconds it's a bottleneck. I think there's a couple of really good companies that are up and coming way further ahead than us.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">45:20<\/div>\n<\/div>\n<p>it&#8217;s a bottleneck. I think there&#8217;s a couple of really good companies that are up and coming way further ahead than us.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"45 minutes, 25 seconds Um, the last couple years have, you know, kind of filtered through some of the other companies that weren't going to make it, which I think is it's nice.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">45:25<\/div>\n<\/div>\n<p>Um, the last couple years have, you know, kind of filtered through some of the other companies that weren&#8217;t going to make it, which I think is it&#8217;s nice.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"45 minutes, 31 seconds It's left like kind of a new field for us to operate in, but it's going to be tough. Like I don't think we're ever going to plan to go head-to-head with\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">45:31<\/div>\n<\/div>\n<p>It&#8217;s left like kind of a new field for us to operate in, but it&#8217;s going to be tough. Like I don&#8217;t think we&#8217;re ever going to plan to go head-to-head with<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"45 minutes, 38 seconds Rocket Lab and that be our business case right out of the gate. Um, they're a fantastic company.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">45:38<\/div>\n<\/div>\n<p>Rocket Lab and that be our business case right out of the gate. Um, they&#8217;re a fantastic company.<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"45 minutes, 55 seconds Thank you, Raul. Um, as the original investor in your company that you put your own money into,\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">45:55<\/div>\n<\/div>\n<p>Thank you, Raul. Um, as the original investor in your company that you put your own money into,<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"46 minutes, 3 seconds what discipline, if there's one, would you say that when you wake up every day about putting your own money, your\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">46:03<\/div>\n<\/div>\n<p>what discipline, if there&#8217;s one, would you say that when you wake up every day about putting your own money, your<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"46 minutes, 9 seconds family on the line to do this, what's one discipline that you could share with the audience when it comes to uh an\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">46:09<\/div>\n<\/div>\n<p>family on the line to do this, what&#8217;s one discipline that you could share with the audience when it comes to uh an<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"46 minutes, 16 seconds entrepreneurial mindset? Like what's that one discipline that that's a guiding principle for you that lets you\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">46:16<\/div>\n<\/div>\n<p>entrepreneurial mindset? Like what&#8217;s that one discipline that that&#8217;s a guiding principle for you that lets you<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"46 minutes, 22 seconds be the leader that stands up here and say we can do it. Have a can do attitude. So the question is what's\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">46:22<\/div>\n<\/div>\n<p>be the leader that stands up here and say we can do it. Have a can do attitude. So the question is what&#8217;s<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"46 minutes, 28 seconds what's your most important principle as an entrepreneur when you put your own capital in?\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">46:28<\/div>\n<\/div>\n<p>what&#8217;s your most important principle as an entrepreneur when you put your own capital in?<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"46 minutes, 35 seconds Um well I mean in my case I it's something I sort of committed myself to so long ago. Uh and\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">46:35<\/div>\n<\/div>\n<p>Um well I mean in my case I it&#8217;s something I sort of committed myself to so long ago. Uh and<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"46 minutes, 44 seconds you know I'm the kind of guy like when I make a promise I do everything I\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">46:44<\/div>\n<\/div>\n<p>you know I&#8217;m the kind of guy like when I make a promise I do everything I<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"46 minutes, 49 seconds possibly can to keep it. Uh especially if I make a promise to myself. So I I you know I think that fundamentally is\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">46:49<\/div>\n<\/div>\n<p>possibly can to keep it. Uh especially if I make a promise to myself. So I I you know I think that fundamentally is<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"46 minutes, 55 seconds really important. Um initially it was you know I talked about finding your why\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">46:55<\/div>\n<\/div>\n<p>really important. Um initially it was you know I talked about finding your why<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"47 minutes like for most of my life it's like I wanted to build a space company because it's just so cool and then it became apparent to me you know after undergrad\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">47:00<\/div>\n<\/div>\n<p>like for most of my life it&#8217;s like I wanted to build a space company because it&#8217;s just so cool and then it became apparent to me you know after undergrad<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"47 minutes, 7 seconds and after building another company and becoming a taxpayer and all this that like this is really more a there's so\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">47:07<\/div>\n<\/div>\n<p>and after building another company and becoming a taxpayer and all this that like this is really more a there&#8217;s so<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"47 minutes, 13 seconds much more to it. National security is definitely one thing that's topical today. But I hate seeing our jobs like\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">47:13<\/div>\n<\/div>\n<p>much more to it. National security is definitely one thing that&#8217;s topical today. But I hate seeing our jobs like<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"47 minutes, 18 seconds disappear. I hate seeing our tax dollars disappear. I hate seeing our IP disappear and um and I want to raise the\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">47:18<\/div>\n<\/div>\n<p>disappear. I hate seeing our tax dollars disappear. I hate seeing our IP disappear and um and I want to raise the<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"47 minutes, 26 seconds standard even for aerospace engineers in Canada in terms of their compensation, in terms of everything else. Uh so that\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">47:26<\/div>\n<\/div>\n<p>standard even for aerospace engineers in Canada in terms of their compensation, in terms of everything else. Uh so that<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"47 minutes, 33 seconds drives me a lot these days. Space is like maybe 25% of it and that's a really critical part of it. But I just I'm so\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">47:33<\/div>\n<\/div>\n<p>drives me a lot these days. Space is like maybe 25% of it and that&#8217;s a really critical part of it. But I just I&#8217;m so<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"47 minutes, 40 seconds committed to to seeing Canada industrialize. Uh and I think we have this unique positioning in the space\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">47:40<\/div>\n<\/div>\n<p>committed to to seeing Canada industrialize. Uh and I think we have this unique positioning in the space<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"47 minutes, 46 seconds side that we can focus on and make make happen. But hey, it's a it's definitely a a pretty scary uh situation. But, you\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">47:46<\/div>\n<\/div>\n<p>side that we can focus on and make make happen. But hey, it&#8217;s a it&#8217;s definitely a a pretty scary uh situation. But, you<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"47 minutes, 55 seconds know, I I didn't I I came from nothing. So, um you know, I almost feel like I\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">47:55<\/div>\n<\/div>\n<p>know, I I didn&#8217;t I I came from nothing. So, um you know, I almost feel like I<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"48 minutes don't have anything to lose. I I have a house and I have a car that I'm not going to put those on the line. Um but everything else I'm ready to dedicate to\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">48:00<\/div>\n<\/div>\n<p>don&#8217;t have anything to lose. I I have a house and I have a car that I&#8217;m not going to put those on the line. Um but everything else I&#8217;m ready to dedicate to<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"48 minutes, 7 seconds Canada. What a great way to finish this question\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">48:07<\/div>\n<\/div>\n<p>Canada. What a great way to finish this question<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"48 minutes, 13 seconds period. Uh talking about Can you hear me? Well, yes. So one thing personally\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">48:13<\/div>\n<\/div>\n<p>period. Uh talking about Can you hear me? Well, yes. So one thing personally<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"48 minutes, 18 seconds that affects me is seeing some of my smartest colleagues finished their degree. They were raised in Canada. They\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">48:18<\/div>\n<\/div>\n<p>that affects me is seeing some of my smartest colleagues finished their degree. They were raised in Canada. They<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"48 minutes, 24 seconds got educated in Canada. Then they go to the US to work. And everybody have makes their choices. But thank you for\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">48:24<\/div>\n<\/div>\n<p>got educated in Canada. Then they go to the US to work. And everybody have makes their choices. But thank you for<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"48 minutes, 29 seconds providing the opportunity to keep our students here. So everybody one more round of applause for Nordspace and\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">48:29<\/div>\n<\/div>\n<p>providing the opportunity to keep our students here. So everybody one more round of applause for Nordspace and<\/p>\n<\/div>\n<div class=\"segment style-scope ytd-transcript-segment-renderer\" tabindex=\"0\" role=\"button\" aria-label=\"48 minutes, 35 seconds Rahul Go.\">\n<div class=\"segment-start-offset style-scope ytd-transcript-segment-renderer\" tabindex=\"-1\" aria-hidden=\"true\">\n<div class=\"segment-timestamp style-scope ytd-transcript-segment-renderer\">48:35<\/div>\n<\/div>\n<p>Rahul Goel.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The following information is presented below, a briefing document generated by NotebookLM (with some manual edits), the original YouTube video, and the transcript generated by YouTube. The purpose is to have a more permanent record of the presentation that is search engine discoverable for future reference and ease of access. Since Ai does not phonetically [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20325,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NordSpace Rahul Goel Presentation at Launch Canada 2025 - Tech Canada News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nanographene.org\/index.php\/nordspace-rahul-goel-presentation-at-launch-canada-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NordSpace Rahul Goel Presentation at Launch Canada 2025 - Tech Canada News\" \/>\n<meta property=\"og:description\" content=\"The following information is presented below, a briefing document generated by NotebookLM (with some manual edits), the original YouTube video, and the transcript generated by YouTube. 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