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Tag:Space industry

Space stocks saw big gains this week in part due to ‘Trump-Elon trade’ rally, analysts say

A hot fire test of an Archimedes engine, which powers the company's Neutron rocket.Rocket LabThis past week saw several pure-play space stocks rally,...

SpaceX president says ‘there is plenty of room for competition,’ as Starlink nears 5 million customers

SpaceX President and Chief Operation Officer Gwynne Shotwell speaks during the NASA Commercial Crew Program (CCP) astronaut visit at the SpaceX headquarters in...

Rocket Lab stock pops 25% after company reports strong revenue growth, first Neutron deal

A view of Rocket Lab's HASTE suborbital launch vehicle.Rocket LabRocket Lab shares jumped in post-market trading after the company reported third-quarter results and...

Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services, the companies disclosed in a securities...

Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network

A depiction of Nexus satellites in a medium Earth orbit constellation.AstranisThe U.S. Air Force began deploying the Global Positioning System — more commonly...

New Boeing CEO sets sights on ‘leaner’ future as quarterly loss tops $6 billion

Workers picket outside the Boeing Co. manufacturing facility during a strike in Renton, Washington, US, on Thursday, Oct. 3, 2024. David Ryder | Bloomberg...

Eutelsat uses SpaceX rocket to launch first satellites after merger

SpaceX logo is screened on a mobile phone for illustration photo. Beata Zawrzel | Nurphoto | Getty ImagesEutelsat, the world's third-biggest satellite operator by...

SpaceX’s Starship rocket completes fifth test flight, lands booster in dramatic catch

The Super Heavy booster lands on the company's launch tower during the fifth Starship flight on Oct. 13, 2024.SpaceXSpaceX launched its fifth test...

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Boy, 8, saves choking friend with Heimlich maneuver: See the video

An 8-year-old boy is being hailed as a hero after saving the life of his choking friend...
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Sri Lanka central bank fines Indian Bank – Times of India

CHENNAI: The Central Bank of Sri Lanka has penalised state-owned Indian Bank for failing to conform...

Italy’s OVS SpA posts $436 mn Q3 2024 net sales, up 12.8% YoY

OVS SpA, an Italian clothing company has achieved net sales of €414.7 million (~$436.0...

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