00:12:13 · Palmer Luckey, S2, S1
[00:12:13] S0: And it's really painful to actually go about solving it. [00:12:18] S2: Palmer, we have two minutes here, which regrettably, but we're seven days from the midterms and think a lot of people look at, OK, if we get a blue wave, does that have a material impact on defense spending? Actually, lots of people see a tighter defense spending budget being good for like Anderil, nimble solutions, cost effective solutions. But just how are you preparing for that? [00:12:39] S0: Look, I've seen these arguments, this idea that when belts tighten, the more. [00:12:43] S1: Efficient companies are going to do better. [00:12:44] S0: When you have to decide which things to preserve and which things not to preserve, the things that are most relevant are probably going to win. I think that even with a blue wave, you're not necessarily– I'm going to see. [00:12:57] S1: A huge change in defense spending. Look, I could be wrong. I'm not a politician. I'm an engineer. [00:13:02] S0: So you're asking me to speculate outside of my area of expertise. But a lot of the Democrats– like I talk to Republicans and Democrats. The Democrats who are in control of the budget, Democrats who are in control of the defense budget. [00:13:14] S1: They understand that we're in a really unique period in time.
00:13:14 · S1, Palmer Luckey, S2
[00:13:14] S1: They understand that we're in a really unique period in time. [00:13:17] S0: They understand– that the world that we're in does need investment to replace some of these legacy systems and that we're facing a very near-term threat. And this is not just the U.S. that's recognizing this. I mean, Japan is now talking about how they need to engage with no taboos with the idea that they can amend their constitution so that Japan is able to host nuclear weapons. I mean... We are living in a world where everything is on the table. And so, look, the defense budget will go up. [00:13:44] S1: It'll go down. It'll go up. It'll go down. [00:13:47] S0: As of right now, I think most people on the red and the blue side agree that America needs to be investing in new technology. And I think I'm going to be fine no matter what happens. [00:13:59] S2: I just remind us very quickly for blue chip, the first shipments next year.
00:13:59 · S2, Palmer Luckey
[00:13:59] S2: I just remind us very quickly for blue chip, the first shipments next year. [00:14:05] S0: That's right. So we're going to be going into production next year. We're going to have more to announce next year. I don't have information on the exact pricing, the exact timelines. If you've been paying attention, if you've been paying any attention at all, you'll know this is maybe the hardest time in history to predict the pricing and delivery timelines of computer chips because of this AI boom. Right. It's not that I don't want to tell you the date. It's that I can't give a date or an exact price that I'm confident that I'm going to be able to hit when I'm delivering next year. And so we'll have more to say next year. We're going to be in production next year. We're already actually in early prototype production right now. And we're going to be building these at Arsenal One and in a variety of other places with about two dozen other American companies and getting them out to you.