RKLB Specialized Valuation Metric 33

RKLB Specialized Valuation Metric 33 (SVM-33) is a proprietary discounted cash flow (DCF) model enhancement used by Rocket Lab (RKLB) for valuing vertically integrated space companies. It projects future revenue streams from launch services, space systems, and on-orbit services, incorporating specialized risk adjustments for technology maturity, launch cadence uncertainty, and government contract dependencies. SVM-33 uniquely weights revenue streams based on their strategic alignment with long-term space infrastructure development goals, providing a valuation more reflective of intrinsic value than traditional DCF models applied to this sector. Its application informs strategic investment decisions and internal project prioritization.