Core Insights - Redwire is undergoing a significant transformation, shifting from a development-focused company to one with a greater emphasis on production, with over two-thirds of revenue expected to move into production by the end of 2025 [1][6][3] Financial Performance - In Q4 2025, Redwire reported a revenue increase of 56.4% year-over-year, reaching $108.8 million, with nearly equal contributions from Space and Defense Tech segments [4][8] - The company ended 2025 with a record contracted backlog of $411.2 million and projected 2026 revenue between $450 million and $500 million, indicating approximately 41.6% growth at the midpoint [5][15] - Q4 gross margin was reported at 9.6%, with underlying margins expected to improve as production scales, potentially reaching the mid-20% range [4][9] Strategic Developments - The acquisition of Edge Autonomy in June 2025 has been pivotal in Redwire's transformation, integrating it into the Redwire brand and expanding its customer base to over 170 [2][3] - The company plans to report in two segments: Space and Defense Tech, with a focus on next-generation spacecraft and combat-proven UAS [7] Operational Highlights - Redwire delivered approximately 200 Edge aircraft in 2025, with significant contracts awarded for various projects, including a $44 million DARPA program and contracts for the European Space Agency [7][13] - The company has strengthened its balance sheet, ending 2025 with total liquidity of $130.2 million and reducing outstanding debt significantly [12][14] Future Outlook - Management anticipates that revenue will build throughout 2026, influenced by ongoing government budget disruptions, with about 50% of the 2026 revenue guidance covered by backlog [15][17] - The company is focused on improving gross margins through a balanced portfolio approach, adapting to the Department of Defense's evolving contracting preferences [16]

talking a lot about how AI is disrupting different areas of the market recently, but our next guest says there is one area that will benefit space. Global investing in space tech jumped 48% in 2025, hitting a new record. 2026 could bring even more investor interest into the sector with the potential SpaceX IPO, which could be the largest IPO of all time.With us now for a CNBC exclusive is Space Capital founder and CEO Chad Anderson. Space Capital is an early investor in SpaceX. Chad, great to have you with ...

Key Takeaways Rocket Lab and AeroVironment are benefiting from higher U.S. space and defense spending.Rocket Lab USA won new defense missions and completed its 81st Electron launch.AeroVironment secured a $75M Air Force task order and expanded advanced air mobility efforts.As space activity accelerates, the United States continues to invest heavily in satellite operations, communications, missile warning systems and space-based intelligence, surveillance and reconnaissance to strengthen national security an ...

>> IT IS MONDAY. THIS IS THE ONE-HOURS SNOW EDITION OF "BLOOMBERG ETF IQ." I AM SCARLET FU. KATIE GREIFELD IS OFF. THAT'S GOOD TO THE $21 TRILLION GLOBAL ETF INDUSTRY WE WILL SPEAK TO CHRIS DAVIS OF DAVIS ADVISORS. THE PIONEER IN ACTIVE FUNDS TELLS US WHAT HE SEES A COMEBACK IN VALUE INVESTING. WE CHECK IN WITH TRAVIS EXPENSE OF J. P. MORGAN ASSET MANAGEMENT. WE WILL GET INTO FUNDS, DERIVATIVES, AND THE MOVEMENT IN EQUITIES. THE LARGEST STABLECOIN HAS FALLEN BY $1.5% BILLION IN FEBRUARY, PUTTING THE STABLEC ...

Core Viewpoint - The future economy is increasingly focused on space, with companies exploring various applications such as pharmaceutical manufacturing and solar-powered data centers, leading to a surge in space-economy stocks [1] Group 1: AST SpaceMobile Overview - AST SpaceMobile (NASDAQ: ASTS) has seen its stock rise over 1,000% in the past three years, despite currently generating minimal revenue [2] - The company's BlueBird satellites aim to provide direct satellite internet connectivity to smartphones, potentially transforming mobile internet access [3][4] Group 2: Market Potential and Partnerships - AST SpaceMobile's technology could enable fast internet without reliance on traditional infrastructure, attracting partnerships with major telecommunications providers like Verizon Communications [4] - If successful, AST SpaceMobile could cover the U.S., continental Europe, and Japan by the end of 2026, targeting hundreds of millions of internet users [5] Group 3: Financial Projections - Current revenue is under $20 million, but projections suggest the company could generate over $1 billion in sales within five years, assuming a scenario of $5 monthly revenue from 10 million customers [6] - The market capitalization of AST SpaceMobile is approximately $24 billion, indicating that the stock is already pricing in significant growth, despite the company burning nearly $1 billion in free cash flow over the last year [7]

Group 1 - Starfighters Space Inc (NYSE:FJET) shares have experienced a significant increase of 87% over the past week, following a decline of over 50% at the beginning of 2026, indicating a potential recovery phase for the stock [1][4] - The recent rally in FJET stock is attributed to technical support, which may have triggered short-covering and dip-buying among traders [1][4] - The stock is currently trading 28.3% above its 20-day simple moving average (SMA), reflecting strong short-term momentum, with a 12-month increase of 10.82% [7] Group 2 - The overall market sentiment has shifted positively, as evidenced by the iShares Russell 2000 ETF rising approximately 1%, indicating renewed interest in small-cap and speculative growth stocks [2] - Reports regarding SpaceX potentially pursuing a $1.5 trillion IPO have negatively impacted other listed space stocks, leading investors to reassess valuations within the sector [3] - Starfighters Space operates from NASA's Kennedy Space Center and is involved in various aerospace activities, including air launch operations and hypersonic testing, positioning itself as a key player in the evolving space economy [5][6]

Core Viewpoint - The space economy is emerging as a significant investment theme in 2026, with SpaceX leading the market and planning an IPO, while Rocket Lab presents an immediate investment opportunity with substantial stock growth over the past five years [1]. Group 1: Company Overview - Rocket Lab, founded by Peter Beck, has evolved into a major player in the space industry, initially focusing on launching small rockets and expanding into building space systems like satellites and solar arrays [3]. - The company has achieved impressive revenue growth, reporting $554 million in revenue over the last 12 months, which represents an increase of nearly 1,000% over the past five years [4]. Group 2: Financial Performance - Rocket Lab's backlog for rocket launches has increased by 56% year over year, exceeding $500 million, indicating strong demand for its services [4]. - Despite revenue growth, Rocket Lab is experiencing significant cash burn, with a free cash burn of $232 million over the last 12 months, primarily due to investments in the Neutron rocket [5]. Group 3: Future Prospects - The Neutron rocket, which is expected to have a larger payload capacity than the Electron, is crucial for Rocket Lab's future revenue growth, although testing delays have postponed its first flight to later in 2026 [6]. - If Rocket Lab successfully demonstrates the Neutron's capabilities while continuing to grow its Electron and space systems business, it could lead to substantial growth in backlog and stock value [7].

Group 1 - The potential IPO of SpaceX is a significant financial storyline in 2026, with discussions ongoing between SpaceX and investment banks [1] - A merger between SpaceX and xAI has been announced, valuing the combined entity at $1.25 trillion, which adds intrigue to the potential IPO [2] - The merger is seen as strategically beneficial, aligning with Musk's long-term vision of integrating SpaceX with Tesla, which recently approved a $2 billion investment in xAI [3][4] Group 2 - The technological synergy between xAI and SpaceX is highlighted, as SpaceX's data collection capabilities can enhance AI applications, particularly in autonomous systems and predictive modeling [5][6] - Satellites and rockets are described as distributed processors, facilitating new use cases in AI execution, emphasizing the importance of space in the AI landscape [6] - Alphabet is identified as a top investment pick at the intersection of AI and space exploration, with a significant presence in the space economy alongside its diverse AI ecosystem [7]

Core Viewpoint - Investors are showing interest in Rocket Lab as a potential alternative to SpaceX's upcoming IPO, particularly with the introduction of its Neutron rocket expected in 2026 [1] Group 1: Neutron Rocket - The Neutron rocket is Rocket Lab's next-generation reusable rocket, designed for deep space missions and expected to debut in the first half of 2026 [2] - A recent setback occurred when a tank ruptured during a qualification test, which may delay the initial launch schedule, although the company has not confirmed this [3] - Following the announcement of the ruptured tank, Rocket Lab's stock fell by 16%, indicating the stock's expectations are closely tied to the Neutron rocket's successful launch [4] Group 2: Electron Rocket - The Electron rocket continues to generate revenue and contracts, having completed 81 launches and successfully deployed nearly 250 satellites [5] - The cadence of Electron launches is crucial for the company's revenue and margins, as increased launch frequency leads to improved profitability and cash generation to support the Neutron and other initiatives [6] Group 3: Stock Volatility - Rocket Lab is expected to be a volatile stock, with significant price movements based on news related to launch successes or failures, as evidenced by the recent qualification test incident [7] - The company's beta is 2.18, indicating that Rocket Lab's stock is more than twice as volatile as the overall market [7]

Ich freue mich heute bei Ihnen zu sein und habe eine Absicht, nämlich das Space Virus, das Sie sicher alle haben, in sich tragen bei Ihnen zu aktivieren, weil alle Leute sind von Space fasziniert. Und ich möchte Ihnen auch sagen, was es mit dieser Space Economy so auf sich hat und was man darunter versteht. Es geht eigentlich vor allem um die privatwirtschaftliche Nutzung.ähm eben des Weltraums. Äh und um was für Dimensionen es sich hier handelt, äh können Sie hier an den Zahlen dann sehen. Ich erkläre Ihne ...