Risk Disclosure

The Rocket Payload Price Index (“RPPI”) values published on this platform are derived from a combination of:

• Publicly available launch pricing information
• Estimated and modeled inputs based on industry data
• Synthetic data generated for testing the index methodology
• Back-tested historical values that were not calculated in real time

Index values carry status labels (FIRM, INDICATIVE, STALE) and confidence scores as part of the methodology design. These labels describe data quality characteristics within the methodology framework and do not constitute any warranty, guarantee, or representation of accuracy. An index value labeled “FIRM” during the testing phase has the same indicative-only status as all other data on the platform.

The RPPI platform does not offer, facilitate, or enable any financial products or transactions. Specifically:

References to futures, swaps, settlement, and other financial concepts on the platform are presented for research and educational purposes to illustrate potential applications of a mature launch pricing benchmark. These features are conceptual and non-functional.

RPPI makes no representation or warranty regarding the accuracy, completeness, timeliness, or reliability of any data on the platform. Known limitations include:

• Source limitations: The orbital launch market is opaque, with limited public price discovery. Available data points may not be representative of the broader market
• Methodology risk: The index calculation methodology is under active development and may be modified at any time, potentially causing retroactive changes to historical values
• Synthetic data: A portion of the data displayed on the platform has been synthetically generated to test index behavior and platform functionality
• Derived indexes: Some index values (e.g., 3x6, 12x24, BLEND, UTIL) may be derived from the flagship index rather than independently calculated, introducing model dependency
• Latency: Data may not reflect the most current market conditions due to processing delays, publication schedules, or source update frequency

The RPPI platform includes an AI-powered research assistant. Content generated by this feature:

• May contain inaccuracies, hallucinations, or outdated information
• Does not constitute professional advice of any kind
• Should be independently verified before any use
• May not reflect the views or positions of RPPI

For informational context, the orbital launch market is subject to significant risks that would affect any future financial products based on launch pricing:

• Market illiquidity: The launch services market has relatively few participants and transactions compared to traditional commodity markets
• Technological disruption: Breakthrough advances in launch technology could cause rapid, discontinuous price changes
• Regulatory change: Export controls (ITAR), launch licensing, and spectrum allocation policies can materially affect market dynamics
• Concentration risk: A small number of providers account for the majority of global launch capacity
• Catastrophic events: Launch failures, range closures, and geopolitical events can disrupt supply with little warning

The platform may incorporate data from third-party sources and rely on third-party infrastructure services. RPPI is not responsible for:

• The accuracy or availability of third-party data sources
• Service interruptions caused by infrastructure providers
• Changes to third-party APIs or data feeds that affect platform functionality
• Any actions taken by third parties in connection with data provided to RPPI

The platform may contain forward-looking statements regarding potential future products, market developments, or platform capabilities. These statements are based on current expectations and assumptions and are subject to risks and uncertainties. Actual outcomes may differ materially from those expressed or implied. Forward-looking statements should not be relied upon as predictions of future events.

By using the RPPI platform, you acknowledge that you have read and understood this Risk Disclosure, the Terms of Service, and the Privacy Policy. You accept that all data and information on the platform is indicative, preliminary, and provided for testing and evaluation purposes only.

If you do not accept these disclosures, you should not use the platform.

For questions about this Risk Disclosure, contact us at legal@rppi.space.