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    Alex Preston

    Research Analyst at Bank of America

    Alex Preston is an analyst at Bank of America, specializing in financial sector equity research with a focus on major banking institutions and diversified financial companies. He covers key firms including JPMorgan Chase, Citigroup, and Wells Fargo, delivering investment recommendations that have consistently outperformed sector averages, with documented success rates and returns recognized by several industry platforms. Preston’s career began in the early 2010s, with previous analytical roles at leading financial firms before joining Bank of America in 2018. He holds multiple professional credentials including FINRA registration and Series 7 and 63 securities licenses, and has garnered industry recognition for his research accuracy and impactful stock calls.

    Alex Preston's questions to Rocket Lab (RKLB) leadership

    Alex Preston's questions to Rocket Lab (RKLB) leadership • Q1 2025

    Question

    Alex Preston, on for Ron Epstein, asked about the potential for Neutron to transition from NSSL's Lane 1 to the more demanding Lane 2 awards in the future.

    Answer

    CEO Peter Beck explained that transitioning to Lane 2 is unlikely under current rules, as it requires extremely high-cost infrastructure, including launch sites at both Vandenberg and Cape Canaveral and a heavy-lift vehicle capable of over 30 tonnes. He noted that the Space Force created Lane 1 specifically to leverage emerging medium-lift vehicles like Neutron, providing a more affordable and faster launch option for many missions.

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