Core Insights - Momentus Inc. has granted inducement awards to four new employees as part of its 2022 Inducement Equity Plan, in compliance with NASDAQ Listing Rule 5635(c)(4) [1] - The inducement awards consist of a total of 728 restricted stock units (RSUs) with a four-year annual vesting schedule, contingent on the employees' continued service [2] - Momentus is a U.S. commercial space company that provides satellite buses and various in-space infrastructure services, including transportation and hosted payloads [3]

CAPE CANAVERAL, Fla.--(BUSINESS WIRE)--Starfighters Space, Inc. ("Starfighters†or "the Company†), the innovative aerospace company, owner and operator of the world's largest commercial supersonic aircraft fleet, out of NASA's Kennedy Space Center, today announced the completion of its Initial Public Offering ("IPO†), raising $40 million through the sale of 11,142,061 shares of common stock (the "Common Stock†) at a public offering price of $3.59 per share. This final closing resulted in the issuance o ...

Core Insights - The global population has surpassed 8 billion, prompting a shift in focus from earthly pursuits to the vast resources and opportunities in space [1] - The capital market's response to SpaceX's potential IPO indicates a growing enthusiasm for the space economy, with its valuation soaring from $400 billion to $1.5 trillion [2][3] Company Overview - SpaceX's impending IPO signifies a pivotal moment in the commercial space industry, akin to the smartphone revolution for mobile internet [3] - The company has evolved from a rocket manufacturer to a leader in commercial space, with three main business pillars: Falcon rockets, Starlink satellite internet, and Starship [13][14] Financial Performance - SpaceX is projected to generate $15 billion in revenue by 2025, increasing to $22-24 billion by 2026, supported by its profitable satellite internet business [12] - The anticipated valuation of $1.5 trillion would challenge the record set by Saudi Aramco's $1.7 trillion IPO, despite SpaceX's revenue being significantly lower than that of Tesla [15] Market Dynamics - The commercial space sector is experiencing a surge, with companies like SpaceX leading the charge, while Chinese firms are also making significant advancements in space technology [16] - The market's optimism is reflected in the stock performance of related companies following the IPO announcement, indicating strong investor interest in the space economy [15] Strategic Positioning - SpaceX's unique position allows it to maintain control over its long-term vision without being overly influenced by short-term stock price fluctuations, a shift from Elon Musk's previous stance against going public [10][12] - The company has established a monopoly in several areas of commercial space, including rocket launches and low Earth orbit satellite networks, further solidifying its market dominance [12][13]

Joining me now is Dan Hansen, senior portfolio manager at Newberger Berman, who oversees the Quality Equity Fund. It has about a 5% of its assets in unlisted shares of SpaceX as of the end of last month. And Dan, it's great to have you on.Welcome. >> Uh, thanks, Morgan. Great to be with you.>> All right, let's start there. SpaceX IPO potentially in the cards for next year. Your thoughts.>> Yeah, we think the time has come. This business, it's founded in 2002, so 23 years um in business. It's an industrial j ...

China Media Group Eyes on Future Industries, Six Future-Oriented Arenas Reveal Chinese SolutionsDecember 11, 2025 9:10 PM EST | Source: HmediumBeijing, China--(Newsfile Corp. - December 11, 2025) - China Media Group has held its inaugural "Direct to the Future" Annual Ceremony. The event, themed "The Industries of Tomorrow, The Future of Industry," highlighted six key sectors including the low-altitude economy, artificial intelligence, and embodied intelligence. It showcased cutting-edge innov ...

Core Insights - Elon Musk has reaffirmed his goals for orbital datacenters and outlined ambitious targets for SpaceX's future [1][2] Group 1: SpaceX Valuation and Future Plans - Investor Cathie Wood predicts SpaceX could reach a valuation of $2.5 trillion by 2030, with Musk indicating additional factors to consider for this valuation [2] - Musk stated that satellites equipped with "localized AI compute" capabilities will provide the lowest cost method for generating AI bitstreams within three years, and will be the fastest way to scale AI operations within four years [3] - Musk aims for a production goal of 1 megaton of satellites per year, with each satellite providing 100 kW, resulting in 100 GW of AI added annually without operating or maintenance costs [4] Group 2: SpaceX IPO and Revenue Streams - There is growing speculation about SpaceX's potential IPO, with Musk hinting at an $800 billion valuation and a public listing targeted for next year [5] - Musk countered claims that SpaceX is heavily subsidized by NASA, stating that NASA accounts for over 5% of total revenue, while Starlink is a primary revenue driver for the company [6] Group 3: Starlink Developments - Starlink has filed a trademark application that may indicate plans to become a cell carrier, alongside multi-billion dollar deals with EchoStar Corp, Kyivstar Group Ltd., and T-Mobile US Inc. to offer Starlink services [7]

Group 1: Rocket Lab - Rocket Lab's "Raise and Shine" mission is scheduled for launch on December 5, marking the 19th Electron launch of the year and the first of two dedicated launches for the Japan Aerospace Exploration Agency [2] - The company celebrated a milestone with two NASA-backed spacecraft beginning their journey toward Mars [2] - Rocket Lab stock increased by 8.47% on Thursday [2] Group 2: AST SpaceMobile - AST SpaceMobile announced the expansion of operations with two new manufacturing sites in Texas and Florida, leading to a surge in stock price [3][4] - The CEO stated that the expansion will increase capacity and strengthen the supply chain while bringing high-technology manufacturing back to the U.S. [4] - AST's BlueBird 6 satellite is set to launch on December 15 from India [4] - ASTS stock rose nearly 17% on Thursday [4] Group 3: Virgin Galactic - Virgin Galactic shares increased due to sector momentum, despite no specific company news [5] - SPCE stock has gained over 20% in the past five days [5] Group 4: Firefly Aerospace - Firefly Aerospace's stock also rose with the sector, with analysts updating their coverage [6] - JPMorgan maintained an Overweight rating but lowered the price target from $55 to $28 [7] - Goldman Sachs reinstated coverage with a Neutral rating and a $29 price target [7] Group 5: Intuitive Machines - Intuitive Machines shares increased by 10% on Thursday and over 22% in the past five days as the space sector gained momentum [8] Group 6: Plug Power - Plug Power entered the space industry by supplying NASA with up to 218,000 kilograms of liquid hydrogen for operations at two facilities in Ohio [9]

Market Performance - The Shanghai Composite Index rose by 0.05% to 3836.77 points, the Shenzhen Component Index increased by 0.37% to 12585.08 points, the ChiNext Index gained 0.31% to 2929.04 points, and the STAR 50 Index climbed 0.84% to 1296.6 points [1] - The total trading volume in the Shanghai and Shenzhen markets reached 172.78 billion yuan, with over 4200 stocks rising [1] Sector Movements - The commercial aerospace sector showed strong performance, with stocks like Aerospace Development hitting the daily limit [1] - The military industry sector experienced a surge, with companies such as China Shipbuilding Defense Technology also reaching the daily limit [1] - AI application concept stocks continued their strong trend, with multiple stocks like Jiuxi Software hitting the daily limit [1] Stock Performance - A total of 79 stocks hit the daily limit, while 174 stocks rose by more than 7% and 178 stocks increased by 5-7% [4] - The number of stocks that fell was significantly lower, with only 53 stocks declining by more than 7% [4] Notable Stocks - Companies like Xinhua Du and Pingao Co. saw significant gains due to their involvement in AI and military applications, respectively [5][6] - The stock of Aerospace Development has been on a strong upward trend, achieving 6 consecutive daily limits [5] Related Hotspots - Google’s AI model, Nano Banana Pro, received a significant update, exceeding market expectations [7] - The establishment of a key regulatory body for commercial aerospace in China was announced, alongside the upcoming maiden flight of the reusable rocket "Zhuque-3" [7]

Core Insights - The third-quarter earnings season for commercial space companies has concluded, revealing varied financial performances across the sector [1] Rocket Lab – RKLB - Rocket Lab reported Q3 revenue of $155.05 million, exceeding the consensus estimate of $151.75 million [2] - The company posted a loss of three cents per share, outperforming analyst expectations of an 11 cents loss [2][3] - CEO Peter Beck highlighted record revenue and gross margin of 37% for the quarter, with an annual launch record imminent [3] AST SpaceMobile – ASTS - AST SpaceMobile reported a quarterly loss of 45 cents per share, missing the analyst estimate of 23 cents [4] - The company's revenue was $14.73 million, falling short of the consensus estimate of $19.93 million [4] - Despite the losses, AST SpaceMobile reaffirmed its revenue guidance for the second half of 2025, projecting between $50 million and $75 million [4] Virgin Galactic – SPCE - Virgin Galactic reported Q3 revenue of $365,000, unchanged from the previous year, with a loss of $1.09 per share [5] - The company announced that its Flight Test Program is on track to begin in Q3 2026, with commercial spaceflights expected in Q4 2026 [5] - Private astronaut flights are anticipated to start six to eight weeks after the first commercial flight in 2026 [5][6] Firefly Aerospace – FLY - Firefly Aerospace reported Q3 revenue of $30.78 million, surpassing estimates of $27.71 million [7] - The company recorded an adjusted loss of 33 cents per share, better than the expected loss of 41 cents [7] - CEO Jason Kim attributed revenue growth to effective execution on multiple contracts and raised the full-year 2025 revenue guidance to $150 million to $158 million, above analyst expectations of $135.49 million [8] Sidus Space – SIDU - Sidus Space is set to release its Q3 earnings report soon, having reported losses of 31 cents per share and revenue of $1.26 million in the previous quarter [9] Intuitive Machines – LUNR - Intuitive Machines has not yet confirmed the date for its Q3 earnings release, with an estimated date of November 25 [10]

Core Insights - MDA Space Ltd. has made a $10 million equity investment in Maritime Launch Services Inc. at a price of $0.223 per share, marking a significant step in enhancing Canada's sovereign space capabilities and competitiveness in the global launch services market [1][2][3] Company Developments - The investment will accelerate the readiness of Spaceport Nova Scotia for orbital launch operations, providing reliable domestic launch capabilities for various clients, including commercial, civil, government, and defense sectors in Canada [3][4] - MDA Space is expected to become an operational partner at Spaceport Nova Scotia, supporting its development and future operations [3][4] - Maritime Launch Services is developing Spaceport Nova Scotia, Canada's first commercial orbital launch complex, designed to offer cost-effective and sustainable access to space for satellite delivery services [4][5] Economic Impact - The establishment of Spaceport Nova Scotia is anticipated to generate significant economic benefits across Canada, including the creation of high-quality jobs, local supply-chain development, and attracting global investments [5][6] Strategic Agreements - The transaction includes an Investor Rights Agreement, granting MDA Space certain rights, such as nominating a board member and pro-rata participatory rights in future financings related to Spaceport Nova Scotia [6][7]