Starlink

“So you can buy connectivity, you can buy Starlink directly from us, both the terminals and the plans, but you can also buy cameras and sensors and drones, and then different first party and third party software and AI applications that you want to use at the e…”

“We're now into a, it's approaching 50 countries but we have, like, a very clear strategy, which is, you know, we're sort of following Starlink's growth, right?”

“Created the opportunity for them to build a Starlink, which is now one of the most powerful internet constellations in the world. And it's actually driving a very, very large majority Of overall free cashflow and revenue for the business.”

“I think it's probably within nine months or so. Most United fleet will be upgraded, but they install Starlink when a plane goes down for its like annual or biannual maintenance.”

“And when we go like five years from now, all of my underwriting is, I think direct to sell will be probably even bigger than the original consumer internet business.”

“SpaceX just announced that at the end of last year they had 9.2 million subscribers on the core charlene consumer side and six million direct to sell subscribers.”

“And then after Starlink got to about a billion of revenue, which was very fast, it was about 12 months after they got their first dollar of revenue, they were at about a billion of run rate,”

“And very quickly, like within two years or so, I think the company is basically going to have an excess Capacity. Like, they could launch all the just Starlink data satellites. They wanted all the direct-to-sell satellites they wanted, and they'd probably stil…”

“Launch is like, you know, I'm bullish on launch going forward, but like, the applications of launch are where the, where everything is at, right? And like, telecom and global telecom, I mean, it's pretty huge.”

“And it was probably 2019 or so when, you know, they launched probably a couple of Starlink satellites, and it was, I think, pretty clear for people who had known them for a long time that, like, they'd figured it out so this was gonna work, and therefore you c…”

“It's about a 300,000 dollar cost to install on an aircraft like this. Very slightly on a bigger aircraft or smaller aircraft.”

“Starlink is, is generally really, ah, robust against jamming. It's kind of unique, though, because often space-based comms, like, your satellite is so far away that your signal strength is relatively low, and it's actually very easy to jam. This is why GPS is …”

“There's still the limitation where, ah, you can't use Starlink into Russian territory, so, ah, drones that are trying to deep strike into Russia, ah, are not using Starlink”