Over the weekend, SpaceX CEO Elon Musk reacted to comments from former Google CEO Eric Schmidt, who warned the U.S. needs an additional 92 gigawatts of power to sustain artificial intelligence growth. AI Power Demand Surges As Grid Strains Musk shared a video clip of Schmidt saying, U.S. is "running out of electricity." He also noted that the average nuclear plant generates about 1.5 gigawatts. "If only there were a company that could do this," Musk wrote on X while sharing the clip, referring to the eme ...

Vancouver, British Columbia--(Newsfile Corp. - February 18, 2026) - Planet Ventures Inc. (CSE: PXI) (OTC Pink: PNXPF) (FSE: P6U1) ("Planet" or the "Company") is pleased to announce that it has completed a USD$200,000 strategic equity investment in Mantis Space, marking Planet's first investment in the rapidly expanding global space sector.Mantis Space is a space and advanced energy company developing what it describes as the world's first power grid in space - orbital infrastructure designed to deliver pow ...

Jim, I like this is quickly becoming my fascination because it does feel like sci fi, the idea that you could have data centers in space. How far away are we from that being a reality. Yeah, well, first, welcome to the club.I've been thinking about this for about ten years and have been filing patents in various different companies for data centers in space. And it's a reality. I think it's, you know, a number of years off.Like my good friend Dirk said, What we're doing at Phantom Space is the idea eventual ...

Teledyne Technologies FY Conference Summary Company Overview - **Company**: Teledyne Technologies (NYSE: TDY) - **Conference Date**: February 12, 2026 Key Industry Exposure - **Defense**: Approximately 30% of business - **Commercial Aviation**: About 5% - **Space**: Roughly 6-7% [3][4] Unmanned Systems Business - **Total Revenue**: $500 million projected for 2026, with a growth rate of about 10% [4] - **Breakdown**: - Unmanned Aerial Systems: $200 million (includes Black Hornet drone, SkyRaider, Rogue 1 loitering munition) - Components for unmanned systems: $150 million - Subsea vehicles: $100 million - Ground robots: $50 million [6][7] - **Key Drivers**: Sales of Black Hornet and Rogue 1, government contracts, and demand from military clients [7][8] Government Contracts and Programs - **Key Programs**: - Organic Precision Fires-Light (OPFL) for U.S. Marine Corps - LASSO program for the Army, expected to enter production in 2026 [12][14] - **Funding Concerns**: Prudent guidance due to potential delays in government funding [9] Competitive Landscape - **Rogue 1**: Competing with companies like Anduril and AeroVironment; expected to see a $30 million increase in funding for 2026 [25][26] - **Market Dynamics**: Focus on high-performance drones priced between $10,000 and $100,000, avoiding low-cost drone markets [56][72] Space Business - **Total Revenue**: Approximately $400 million, primarily from imaging devices for missile tracking and earth observation [31][138] - **Key Programs**: Involvement in Space Development Agency tranche programs, with Tranche 3 expected to contribute over $100 million [148][149] Short Cycle Business Performance - **Growth Areas**: Industrial and machine vision, environmental monitoring, and test and measurement sectors showing modest growth [178][182] - **Healthcare**: Flat growth expected in 2026 due to competition and economic factors affecting dental X-ray equipment [201] Capital Deployment Strategy - **Acquisition Approach**: Focus on bolt-on acquisitions that complement existing product lines, with a mix of bottom-up and top-down strategies [263][265] AI Integration - **Internal Use**: Prototyping and testing AI applications for various functions, moving towards implementation [237][240] - **External Threats**: AI seen more as an opportunity for enhancing sensor capabilities rather than a competitive threat [249][250] Conclusion - Teledyne Technologies is positioned for growth in defense, unmanned systems, and space sectors, with a focus on high-performance products and strategic acquisitions. The company is cautiously optimistic about short-cycle business recovery and is actively integrating AI into its operations.

Industry Overview - Space stocks experienced a decline on heavy trading as investors reacted to multiple industry challenges, including hardware concerns and sensitivity to Elon Musk's comments regarding SpaceX and AI integration with orbital data [1] - A significant satellite player announced a large convertible note offering, which negatively impacted the entire sector [2] Company-Specific Developments AST SpaceMobile (ASTS) - AST SpaceMobile was downgraded from Buy to Neutral by B. Riley Securities, although the price target was raised to a Street-high $105, indicating a potential upside of approximately 20% from current levels [3] - Despite a recent slip, ASTS stock has gained about 15% in 2026 [3] Rocket Lab (RKLB) - Rocket Lab's stock fell by 8% on Thursday, contributing to a total loss of over 27% in the past month due to concerns over a stage-1 tank rupture during a qualification test for its Neutron rocket [4] - The company has a backlog exceeding $1 billion, but fears of delays for its first medium-lift launch have led investors to take profits after a significant rally over the past year [4] Redwire (RDW) - Redwire's shares dropped on Thursday, influenced by the overall downward trend in the space sector and heavy insider selling [5] - Zacks Investment Research downgraded Redwire from Hold to Strong Sell, further pressuring the stock, which has lost 24% over the past month [5] Firefly Aerospace (FLY) - Firefly Aerospace's shares also declined as investors reacted to industry hardware setbacks and AST's convertible note offering [6] - The stock has seen a sharp correction, falling nearly 40% over the past month after a strong start to the year [6] Planet Labs (PL) - Planet Labs signed a nine-figure deal with the Swedish Armed Forces, demonstrating the effectiveness of its satellite-as-a-service model [8] - The company is integrating its high-frequency satellite data into AXA's AI-driven disaster management tool to enhance real-time predictions and responses to natural disasters [7] Intuitive Machines (LUNR) - Intuitive Machines' stock pulled back after a period of strength, following the $800 million acquisition of Lanteris Space Systems and securing contracts with the Air Force Research Laboratory [9] - Traders may be locking in gains ahead of the high-risk IM-2 lunar mission scheduled for later this year, as the stock has nearly doubled in the past year [9]

Core Viewpoint - Redwire Corporation is experiencing increased bearish pressure due to rising short interest and institutional selling, alongside a sector rotation away from public space stocks [1]. Short Interest - Short interest in Redwire stock rose from 20.78 million to 25.58 million shares, representing 22.55% of the company's publicly available shares [2]. Institutional Selling - AE Industrial Partners sold nearly 8.8 million shares for over $114 million at a weighted average price of $13.07, indicating significant institutional selling [3]. Market Context - Investors are reallocating capital from public space stocks amid speculation of a potential SpaceX IPO valued at $1.5 trillion [4]. - Redwire secured a position on the Missile Defense Agency's Multi-Vendor SHIELD IDIQ contract, part of a $151 billion defense program [4]. Technical Analysis - Redwire stock is trading 25.9% below its 20-day simple moving average (SMA) and 10.3% below its 50-day SMA, indicating short-term weakness [5]. - Over the past 12 months, shares have decreased by 67.09% and are closer to their 52-week lows [5]. Momentum Indicators - The Relative Strength Index (RSI) is at 44.45, indicating neutral territory, while the MACD is below its signal line, suggesting bearish pressure [6]. Earnings & Analyst Outlook - Redwire is expected to provide its next financial update on March 9, 2026 [7]. - The stock carries a Buy Rating with an average price forecast of $10.93, with recent analyst actions indicating mixed sentiments [8]. Price Action - Redwire shares were down 9.99% at $8.11 at the time of publication [8]. - Key resistance is at $9.00 and key support is at $7.50 [8].

Core Insights - Liberty Street Advisors, Inc. announces a portfolio shift following the acquisition of xAI by SpaceX on February 2, 2026, which significantly impacts the Fund's holdings [1] - The merger creates a combined entity that constitutes 18.51% of The Private Shares Fund's total holdings as of February 10, 2026 [1] - This acquisition aligns with Elon Musk's vision to advance "orbital co." technology [1]

Core Viewpoint - AST SpaceMobile, Inc. has announced a private offering of $1.0 billion in convertible senior notes with a 2.250 percent interest rate, maturing in 2036, indicating a strategic move to raise capital for various corporate initiatives [1][2]. Group 1 - The initial conversion price for the notes is set at approximately $116.30 per share of AST SpaceMobile's Class A common stock [1]. - Proceeds from the offering will be utilized for general corporate purposes, including accelerating the deployment of controlled spectrum bands globally and enhancing investment in government space opportunities in the U.S. [2]. - The company aims to reduce higher interest debt and pursue opportunistic investments to enhance its SpaceMobile Service and capabilities [2]. Group 2 - The settlement of the notes sale to initial purchasers is expected to occur on February 17, 2026 [3]. - In pre-market trading, AST SpaceMobile's stock is down $88.00, reflecting a 9.20 percent decrease on the Nasdaq [3].

Core Viewpoint - AST SpaceMobile Inc. announced a $1 billion convertible senior notes offering, leading to a decline in its stock price during premarket trading [1]. Group 1: Convertible Notes Offering - The company priced $1.0 billion aggregate principal amount of 2.250% convertible senior notes due 2036 in a private offering to qualified institutional buyers [2]. - The initial conversion price is approximately $116.30 per share, representing a premium of roughly 20% to the last reported sale price of $96.92 per share [3]. - An option for initial purchasers to buy up to an additional $150 million aggregate principal amount of notes is available until February 20 [3]. Group 2: Use of Proceeds - The estimated net proceeds are approximately $983.7 million, or about $1,131.4 million if the purchasers' option is fully exercised [4]. - Proceeds will be used for general corporate purposes, including accelerating deployment of controlled spectrum bands globally, monetizing proprietary technology for AI-related commercial opportunities, enhancing investment in U.S. government space opportunities, reducing higher-interest debt, and pursuing opportunistic investments [5]. Group 3: Concurrent Transactions - The company announced registered direct offerings totaling 6,337,964 shares of Class A common stock, scheduled to settle on February 20 [6]. - AST SpaceMobile is also repurchasing approximately $46.5 million of existing 4.25% convertible notes and $250.0 million of existing 2.375% convertible notes [6]. - During premarket trading, AST SpaceMobile shares were down 8.89% at $88.30 [6].

Core Viewpoint - The successful controlled splashdown of the Long March 10 rocket marks a significant milestone in China's space exploration efforts, demonstrating advanced technology and paving the way for future manned lunar missions [1][5][7]. Group 1: Historical Context - Previously, rocket stages falling into the ocean were seen as mission failures, representing uncontrolled descents that posed risks to civilian areas and marine environments [3]. - Early attempts at sea recovery by companies like SpaceX faced numerous challenges, highlighting the difficulties in achieving controlled landings [3]. Group 2: Technological Achievements - The Long March 10's splashdown was executed with extreme precision, with a deviation of less than 10 meters from the target, showcasing advancements in re-entry, trajectory control, and recovery technologies [5]. - The rocket maintained structural integrity during the splashdown, which is crucial for future reuse, indicating significant breakthroughs in core technologies [5]. Group 3: Future Implications - This test is a critical step towards achieving China's goal of manned lunar missions by 2030, ensuring astronaut safety and validating the escape capabilities of the spacecraft under maximum dynamic pressure [7]. - The development of reusable rocket technology could reduce launch costs by 40%-60%, making future space exploration more economically viable [7]. - The successful controlled splashdown reinforces China's position as a leading nation in space technology and responsible exploration [7].