Space Exploration
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X @Bloomberg
Bloomberg· 2025-08-08 19:25
James Lovell, the pioneering US astronaut whose two dramatic missions to the moon included Apollo 13, has died. He was 97. https://t.co/ihY8awRqDj ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-08-08 12:00
Space Exploration Collaboration - Italy and SpaceX are building a relationship for Mars missions [1] - The agreement between Italy and SpaceX for scientific missions in space positions Italy at the global forefront [1] - There is still much to do, but the direction is right [1]
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-08-08 11:04
Starship is the first rocket ever designed to go to Mars. It’ll have 42 engines.https://t.co/f0SPWdhM9u ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-08-08 08:11
Product & Vision - The company envisions Cybertruck on Mars, showcasing its potential future applications beyond Earth [1] - The company is exploring futuristic themes by integrating elements like aliens and Optimus robot into its product imagery [1] Design & Marketing - The company emphasizes Cybertruck's angular design through low-angle perspective shots [1] - The company uses vast, starry sky backdrops to highlight Cybertruck's design [1]
STATIC FIRE! RocketLab Neutron Archimedes Engine Test
The Launch Pad· 2025-08-08 01:27
Watch as RocketLab conducts a full mission duration hot fire test of the Neutron Archimedes engine! Join our community Discord! https://discord.com/invite/xCm9UpDPE4 This coverage is made possible by our amazing community! Consider becoming a The Launch Pad Member and go behind the scenes with early video access, behind the scenes live streams and more! SUBSCRIBE to The Launch Pad! https://www.youtube.com/@TheLaunchPad SUBSCRIBE to TLP Space News! https://www.youtube.com/@thelaunchpadnews OUR MISSION: To in ...
Redwire (RDW) - 2025 Q2 - Earnings Call Transcript
2025-08-07 14:00
Financial Data and Key Metrics Changes - Redwire recorded revenue of $61.8 million, showing a sequential increase, but faced a sequential decrease in adjusted EBITDA from negative $2.3 million to negative $27.4 million due to unfavorable estimated at completion (EAC) changes [24][25]. - The net loss decreased sequentially to negative $97 million, influenced by EACs, non-cash expenses, and transaction costs [25][26]. - Total liquidity reached a record level of $113.6 million, a 27.4% improvement from the previous quarter and a 103.4% year-over-year increase [26][27]. Business Line Data and Key Metrics Changes - The acquisition of Edge Autonomy was completed, enhancing Redwire's capabilities in multi-domain operations and contributing to a backlog of $329.5 million as of June 30, 2025 [15][22]. - The Stalker platform was added to the Defense Innovation Unit's UAS Blue List, facilitating easier access to U.S. government contracts [7][62]. - The U.S. Army's Long Range Reconnaissance Program (LRR) has an estimated funding of $325 million for fiscal year 2026, positioning Redwire Edge Autonomy favorably for participation [10][83]. Market Data and Key Metrics Changes - The U.S. government is funding key programs, including approximately $24 billion for the Golden Dome and $2.6 billion for NASA Gateway, indicating significant growth potential for Redwire [18][21]. - NATO allies committed to invest 5% of GDP annually in defense spending, which could benefit Redwire's operations in Europe [20][21]. Company Strategy and Development Direction - Redwire's growth strategy focuses on five key principles: providing foundational products, delivering multi-domain platforms, exploring new markets, unlocking breakthrough technologies, and executing accretive M&A [5][6]. - The creation of SpaceMD aims to commercialize drug development in space, leveraging microgravity for innovative therapeutics [36][39]. Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in the U.S. government budgeting process, which has delayed some contract awards into 2026, but noted positive trends in funding opportunities [17][21]. - The company remains optimistic about future growth, despite setbacks in adjusted EBITDA, emphasizing the long-term nature of space investments [40][41]. Other Important Information - Redwire's contract awards during 2025 totaled $90.6 million, with a book-to-bill ratio of 1.47 times, indicating a strong pipeline of opportunities [22]. - The acquisition of Edge Autonomy is expected to lower the proportion of business exposed to EAC volatility, enhancing financial stability [34][50]. Q&A Session Summary Question: How does the company balance accounting controls and engineering complexity? - Management explained that EACs introduce volatility during development phases, and a complete portfolio review was conducted to understand these dynamics before reinstating EBITDA guidance [46][48]. Question: What was the due diligence process for the Edge Autonomy acquisition? - The acquisition was based on unique technologies and expected free cash flow positivity, with Edge Autonomy showing strong financial results during due diligence [52][53]. Question: What is the impact of the Blue List inclusion for Edge Autonomy? - Inclusion on the Blue List enhances credibility and simplifies procurement processes for federal agencies, making it easier to compete for contracts [62][63]. Question: What is the expected margin profile going forward? - Management indicated that while EACs were taken conservatively, future cash flow and margins are expected to improve as projects progress [81]. Question: What is the funding status for the LRR program? - The $325 million funding is for fiscal year 2026, with expectations for prompt execution due to the administration's focus on UAS dominance [83][87].
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-08-07 07:15
“We're going to develop the technology necessary to take humanity and civilization and life as we know it to another planet for the first time in the 4.5B year history of Earth.”Elon Muskhttps://t.co/uSGZqB6lob ...
X @The Economist
The Economist· 2025-08-07 04:20
A successful satellite manoeuvre has embodied America’s new, more muscular approach to space https://t.co/01L1CnctZI ...
LIVE! SpaceX Crew 10 ReEntry & Splashdown
The Launch Pad· 2025-08-07 00:57
Join us LIVE for full Return To Earth coverage of NASA SpaceX Crew 10 after their 6 month mission aboard the ISS Join our community Discord! https://discord.com/invite/xCm9UpDPE4 This coverage is made possible by our amazing community! Consider becoming a The Launch Pad Member and go behind the scenes with early video access, behind the scenes live streams and more! SUBSCRIBE to The Launch Pad! https://www.youtube.com/@TheLaunchPad SUBSCRIBE to TLP Space News! https://www.youtube.com/@thelaunchpadnews OUR M ...