Space Finance Intelligence · Research

Case Studies

Each case study applies the full AstraVeris risk stack to one company — the twenty-factor ARI composite, cash runway anatomy, debt maturity wall, peer-group positioning, and a capital-markets thesis. Sourced from SEC filings, federal contract feeds, and the live launch pipeline. No fabricated numbers; where we lack a signal, we label it a stage prior and say so.

Case Study · 01 RKLB

Rocket Lab

The balance sheet finally matches the manifest. A $355M convertible with a 2029 maturity and a deep-in-the-money conversion price means the paper is dilution, not a funding clock. The one pre-profit launch provider that is not racing for capital.
68.8ARI
~50 moRunway
#3/15Peer Rank
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Case Study · 02 LUNR

Intuitive Machines

A 0.7-month cash runway headline is the wrong frame. $1.37B of federal awards and a $4.82B NSNS framework are what the company is actually running on. The risk is execution slip on milestone-funded receivables, not solvency.
62.7ARI
0.7 moRunway*
#1/16Peer Rank
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Upcoming Case Studies

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