Redeye concludes that the figures in Wyld’s Q3’23 report aligned with our expectations. Wyld had earlier announced that it had commenced shipment to fulfil customer orders in Q4’23; hence, the lack of sales came as no surprise. Meanwhile, business activity continues to surge, marked by an ongoing inflow of launch partners and a notable agreement with SpaceX. Consequently, we will likely only make minor adjustments to our fair value range and Base case.