Redwire Stock Tumbles on US Contract Delays
Their argument that lumpy quarter-to-quarter contract values should be expected didn’t seem to buoy investor sentiment, as the company’s stock dipped 6.5% by market close.
Equities
Stories about space companies’ finances, including earnings reports and M&A news.
MDA Space is Safe From Trump Tariffs, Budget Cuts
MDA Space posted its Q1 2025 financial results yesterday, showing a strong quarter with revenues ($351M CAD/$252.3M), backlog ($4.1B CAD/$2.95B), and net income ($37.2M CAD/$26.7M) all up compared to the same period last year.
Rocket Lab Wins Point-to-Point Demo Contract for Neutron
Time for a rocket cargo survivability experiment.
Iridium Is Fighting Starlink and Trump’s Tariffs
Despite beating market expectations with first quarter revenue growth of 5% year-on-year, Iridium’s stock fell nearly 7% in the face of competition and trade wars.
Trump Policies Deplete Post-Election Space Stock Gains
Space stocks soared in the wake of Trump’s election win. In the weeks since, however, many of these lofty valuations have come crashing down.
Eutelsat Soars 550% in Three Days on EU Defense Plans
Eutelsat stock has surged over 500% this week, adding more than $3B in market cap, driven by expectations of increased usage and a priority on EU defense.
Boeing Starliner Losses Top $2B—And Counting
Years of technological and operational challenges have increased costs to develop Starliner, with Boeing reporting losses almost every year since it began developing the spacecraft in 2014.
AST SpaceMobile Announces $400M Convertible Notes Raise
AST SpaceMobile is raising $400M through convertible notes to continue building out its BlueBird constellation, the company announced on Wednesday.
Spaceium Closes $6.3M Seed Round
Spaceium, an in-orbit refueling service, raised a $6.3M seed round led by Initialized Capital with participation from 15 additional VC firms and angel investors. The Y-Combinator-backed startup plans to use the funding to demonstrate its refueling technology in orbit and expand its team. “Fuel for spacecraft is a massive bottleneck in the industry,” Spaceium CEO […]
Synspective Goes Public on Tokyo Stock Exchange
The SAR data collector has plans for a thirty satellite constellation.
Space Markets: The Year in Review
Space markets surged this year, fueled by robust VC investments in private markets and back-in-vogue space SPACs in the public markets. The good year for space investments is part of a broader bull market, where the prospects of a soft landing have sent speculative stocks soaring.
Tracking Cash Flow Through the 2024 Space Stocks Rally
Hockeystick SPAC charts. Wallstreetbets Reddit page buzz. Short squeezes. Everything to the Moon euphoria.