Not for dissemination in the United States or for distribution to U.S. wire servicesVancouver, June 04, 2025 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital (“SBC” or the “Company”) (CSE: SPIR), is pleased to announce that it seeks to settle an aggregate of $50,000 owing to an arm’s length consultant of the Company for services rendered pursuant to an advisory agreement (the “Settlement”) by the issuance of an aggregate of ‎810,417 common shares in the capital of the Company (each a “Common Share”) . An aggre ...

Company Performance - Intuitive Machines, Inc. reported a quarterly loss of $0.20 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.10, and compared to a loss of $0.21 per share a year ago, indicating a significant earnings surprise of -100% [1] - The company posted revenues of $62.52 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.23%, but down from $73.07 million in the same quarter last year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Intuitive Machines, Inc. shares have declined approximately 47.7% since the beginning of the year, contrasting with the S&P 500's decline of only -0.6% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.04 on revenues of $68.36 million, and for the current fiscal year, it is -$0.23 on revenues of $271.21 million [7] Industry Outlook - The Aerospace - Defense industry, to which Intuitive Machines, Inc. belongs, is currently ranked in the top 31% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact the stock's performance [5]

Leidos (LDOS) came out with quarterly earnings of $2.97 per share, beating the Zacks Consensus Estimate of $2.47 per share. This compares to earnings of $2.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20.24%. A quarter ago, it was expected that this security and engineering company would post earnings of $2.18 per share when it actually produced earnings of $2.37, delivering a surprise of 8.72%.Over the last four quarter ...

Huntington Ingalls (HII) came out with quarterly earnings of $3.79 per share, beating the Zacks Consensus Estimate of $2.90 per share. This compares to earnings of $3.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 30.69%. A quarter ago, it was expected that this shipbuilder would post earnings of $3.28 per share when it actually produced earnings of $3.15, delivering a surprise of -3.96%.Over the last four quarters, the co ...

Core Viewpoint - The recent sell-off in space stocks has created investment opportunities as many companies have become cheaper to invest in, despite the overall challenges in the space industry [1][3]. Investment Opportunities - The article highlights three of the cheapest space stocks that may offer upside potential: BlackSky, Redwire, and Spire Global [5]. BlackSky - BlackSky has a market capitalization of less than $270 million and a price-to-sales (P/S) ratio of 2.6, making it one of the cheapest space stocks [6]. - The company is currently unprofitable and is not expected to earn its first profit before 2027, with an annual negative free cash flow of approximately $56 million and only $52 million in cash reserves [7]. - BlackSky may need to raise additional capital through debt or stock sales, or potentially sell itself to a larger company [8]. Redwire - Redwire has a market capitalization of $863 million and a P/S ratio of 2.8, with three times the annual revenue of BlackSky [9]. - The company is also unprofitable, with cash reserves of less than $34 million, but it burned less than $24 million last year [10]. - Analysts suggest that Redwire could become free cash flow-positive as early as this year and achieve GAAP profitability by 2026, which would be a significant milestone for the company [11][12]. Spire Global - Spire Global has a market capitalization of $345 million and a P/S ratio of 3.1, which may change significantly in the near future [14]. - The company is negotiating to sell its maritime data business to Kpler, which could yield a cash windfall of $241 million, allowing it to pay off debts and fund operations for the next three years [15]. - Successfully closing this deal could serve as a near-term catalyst for Spire's stock price, potentially leading to significant gains [16].

Core Insights - NVIDIA has introduced the Omniverse Blueprint for Earth-2 weather analytics to enhance the accuracy of weather forecasting solutions [1][2] - The climate-related weather events have caused a $2 trillion impact on the global economy over the past decade, highlighting the need for improved risk management and disaster preparedness [2] - The Omniverse Blueprint provides reference workflows, including GPU acceleration libraries and AI frameworks, to facilitate the transition from prototyping to production in weather forecast models [3] Technology and Tools - The blueprint includes NVIDIA NIM microservices such as CorrDiff for downscaling and FourCastNet for predicting global atmospheric dynamics, which are already in use by various weather technology companies and government agencies [4][10] - The Earth-2 platform allows developers to create solutions that provide rapid warnings and updated forecasts, significantly faster than traditional CPU-driven models, with a market size of $20 billion in climate tech [6] - NVIDIA's CorrDiff model is noted for being 500 times faster and 10,000 times more energy-efficient than traditional methods for delivering high-resolution weather predictions [10] Industry Adoption - Companies like G42, JBA Risk Management, and Spire are among the first to adopt the Omniverse Blueprint, developing AI-augmented solutions for advanced weather forecasting and disaster management [5][8] - G42 is integrating the blueprint with its AI-driven forecasting models to enhance the UAE's National Center of Meteorology's capabilities [7] - Spire Global is utilizing AI components from the blueprint to create new products that integrate satellite data for medium-range forecasts, achieving a speed increase of 1,000 times compared to traditional models [8] Collaboration and Ecosystem - The blueprint supports collaboration with industry leaders, including Esri and OroraTech, to enhance geospatial technology and data integration [11] - Tomorrow.io is contributing satellite data to help create an NVIDIA digital twin of Earth for advanced AI model training [12] - The Omniverse platform enables independent software vendors to develop AI-augmented solutions, enhancing the speed and accuracy of weather forecasting [11] Computational Power - The Omniverse Blueprint leverages NVIDIA DGX Cloud for full-stack acceleration in AI-augmented weather forecasting, utilizing advanced supercomputers for climate simulations [14]