Northrop Grumman Corp
Intuitive Machines improves cash position to best since IPO after historic moon mission
The IM-1 lander “Odysseus” in lunar orbit on Feb. 21, 2024. Intuitive Machines Intuitive Machines is building on the successes of its inaugural moon mission, reporting fourth-quarter results on Thursday and saying it now has “sufficient capital for the near term.” The lunar company revealed that its cash balance at the end of the year […]
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NASA shuts down $2 billion satellite refueling project after Maxar is cited for poor performance
A “grapple test” of the spacecraft’s robotic servicing arm. NASA NASA is shutting down a $2 billion project to test satellite refueling in space, it announced on Friday, after the agency’s auditor criticized the program’s lead contractor Maxar for poor performance. The space agency said in a statement that the OSAM-1, or “On-orbit Servicing, Assembly, […]
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Starlab, meet Starship: Private space station buys SpaceX launch for later this decade
An artist’s rendering of the Starlab space station in low Earth orbit. Voyager Space / Starlab Space LLC A contract written in the stars. Private station Starlab will fly on a Starship rocket later this decade to get to orbit, the companies developing both spacecraft announced on Wednesday. Starlab — being built by Voyager Space […]
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Shares generating the major moves midday: Tesla, American Airways, Boeing, Humana and extra
Test out the firms creating the most significant moves midday: Tesla – Tesla shares dropped much more than 12%, a day right after the EV maker claimed weak car profits and warned of slower development in 2024. Many corporations cut their share price targets on Tesla and have turned far more careful on the stock […]
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Why there is a new global race to the moon
Japan a short while ago turned the fifth nation to productively finish a comfortable landing on the moon’s floor, becoming a member of a select several countries — the U.S., Russia, China and India — in accomplishing this feat. But moon landings are probable to become much more common over the following couple of decades. […]
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The S&P 500 tops a report substantial that ‘clears the charts’ of resistance ahead of a week of earnings, inflation knowledge
The S & P 500 surged to a new all-time higher on Friday, confirming the stock market place is in a bull market and suggesting the rally has additional to go in 2024, in advance of a massive week of earnings and inflation info. The S & P 500 rallied more than 1% on Friday, […]
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Pentagon awards $2.5 billion in satellite contracts to L3Harris, Lockheed Martin and Sierra Space
Lockheed Martin’s Tranche 0 Transport Layer satellites are seen in one of the company’s processing facilities. Lockheed Martin The Pentagon on Tuesday announced about $2.5 billion in contracts will go to L3Harris, Lockheed Martin, and Sierra Space to build satellites for an expanding military system. The U.S. Space Force’s Space Development Agency is having the […]
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NASA delays crewed Artemis moon missions into 2025 as companies navigate challenges
The crew members of the Artemis 2 mission of the U.S. space agency NASA, left to right, Reid Wiseman Victor Glover, Christina Koch and Jeremy Hansen, stand at a press event in the ArianeGroup building. Hauke-Christian Dittrich | Picture Alliance | Getty Images NASA is pushing back the schedule for upcoming missions of its flagship […]
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SpaceX valuation climbs to $180 billion
SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. November 18, 2023. Joe Skipper | Reuters The valuation of Elon Musk’s SpaceX hit $180 billion based on an ongoing secondary share sale, CNBC confirmed Wednesday. The company is discussing […]
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With geopolitical tensions mounting, Bernstein expects 3 protection shares to soar 20%
Mounting geopolitical threats in the Asia-Pacific location have beefed up the defense finances of nations close to the globe — and AllianceBernstein has named its over weight-rated stocks to enjoy the theme. “The epicenter of global defense and safety has been moving towards Asia Pacific (APAC) in latest several years, prompting [the] U.S. and key […]
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