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Viasat, Blue Origin Partner to Demonstrate Telemetry Relay for NASA
ZACKS· 2025-05-15 17:00
Core Viewpoint - Viasat, Inc. is collaborating with Blue Origin to demonstrate its InRange launch telemetry relay service, which aims to enhance launch communication capabilities and support NASA's transition to commercial satellite communications solutions [1][4]. Group 1: Collaboration and Technology - Viasat is partnering with Blue Origin to showcase its InRange launch telemetry relay service using the Glenn rocket [1]. - The InRange solution is designed to provide continuous relay connections between launch vehicles and ground systems via Viasat's global L-band satellite network, enabling real-time data transmission during flight [3]. - This technology addresses limitations of traditional ground-based telemetry systems, which require direct line of sight and can lead to communication gaps during launches [2][3]. Group 2: Strategic Alignment with NASA - The partnership aligns with NASA's Communications Services Project, which seeks to develop commercial alternatives to the existing Tracking and Data Relay Satellite (TDRS) system [4]. - Viasat's efforts will support NASA's Launch Services Program, which has historically managed telemetry data reception and distribution [4]. Group 3: Future Launch Plans - Viasat's Space and Mission Systems team will collaborate with Blue Origin on two planned launches using the New Glenn vehicle, with the first launch expected later this year [5]. - The second mission, a full demonstration of the InRange service, is currently scheduled for 2026 [5]. Group 4: Market Position and Financial Outlook - Viasat has faced soft demand trends in some markets and intense competition in its communication service business [6]. - As NASA phases out the TDRS system, the demand for commercial alternatives is expected to rise, potentially providing Viasat with a competitive edge and leading to increased revenues [7]. - Viasat's stock has declined by 41.6% over the past year, contrasting with the industry's growth of 42.2% [8].
Intuitive Machines(LUNR) - 2025 Q1 - Earnings Call Transcript
2025-05-13 13:30
Intuitive Machines (LUNR) Q1 2025 Earnings Call May 13, 2025 08:30 AM ET Speaker0 Ladies and gentlemen, thank you for standing by, and welcome to the Intuitive Machines First Quarter twenty twenty five Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to turn the conference over to Stephen Zhang, Head of Investor Relations. Go a ...
Interim Management Statement covering Q3 2024/25
Globenewswire· 2025-05-13 12:05
Interim Management Statement covering Q3 2024/25 The Board of Directors of Rovsing A/S has today reviewed and approved the Interim Management Statement for the third quarter (1 January 2025– 31 March 2025) of the financial year 2024/25. Q3 highlights In Q3 2024/25, the revenue amounted to DKK 7.5 million (Q3 2023/24: DKK 9.5 million). EBITDA in Q3 amounted to DKK -0.4 million (Q3 2023/24: DKK 0.8 million).Order intake in Q3 amounted to DKK 9.3 million. During Q3 and to date, the Company signed new contracts ...
Intuitive Machines Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-13 11:30
HOUSTON, May 13, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, “Intuitive Machines,” or the “Company”), a leading space technology and infrastructure services company, today announced its financial results for the first quarter ended March 31, 2025. Intuitive Machines CEO Steve Altemus said, “We continue to emphasize execution as we see the administration rethinking how the federal government acquires emerging technologies and services, instigates private-sector innovation, and creates lo ...
Redwire (RDW) - 2025 Q1 - Earnings Call Transcript
2025-05-12 14:00
Financial Data and Key Metrics Changes - Redwire recorded revenues of $61.4 million, a decrease both sequentially and year-over-year [23] - Adjusted EBITDA improved sequentially from a negative $9.2 million in Q4 2024 to a negative $2.3 million in Q1 2025 [24] - The net loss was $2.9 million, showing a significant sequential improvement of over $60 million [25] - Total liquidity reached $89.2 million, a 39.2% improvement from $64.1 million at the end of the previous year [25] Business Line Data and Key Metrics Changes - Contract awards in Q1 2025 were $56.2 million with a book-to-bill ratio of 0.92x, showing significant improvement [18] - Backlog remained relatively flat at $291.2 million as of March 31, 2025, with 37% or $107.2 million from international operations in Europe [19] - The company saw key wins in the European market, including contracts for the International Birthing and Docking Mechanism and the Arrakis mission study [19] Market Data and Key Metrics Changes - The company noted delays in awards in the U.S. Government market due to transitions in key decision-makers and budget uncertainties [19] - There is an estimated $6 billion of identified opportunities in the pipeline, with approximately $5 billion in proposals submitted during Q1 2025 [20] Company Strategy and Development Direction - Redwire's 2025 growth strategy focuses on five key principles: providing foundational products, delivering multi-domain platforms, exploring lunar and Martian missions, unlocking venture optionality, and executing accretive M&A [4][5] - The company aims to capitalize on increased European independence in space and defense, while also addressing U.S. defense spending pressures [38] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future U.S. National security space and defense budgets despite current delays [20] - The company reaffirmed its combined revenue forecast for 2025 to be in the range of $535 million to $605 million, representing a 52.9% compound annual growth rate from FY 2023 to FY 2025 [28] Other Important Information - Redwire's supply chain is resilient, with a U.S.-based supply chain for domestic customers and a European-based supply chain for international clients, mitigating tariff impacts [14] - The company is actively pursuing multiple opportunities related to the Golden Dome defense initiative [17] Q&A Session Summary Question: Risks associated with Europe's increased independence in Space and Defense - Management acknowledged that Europe is investing more in independent space programs, which could create new opportunities despite potential shifts in U.S.-European partnerships [36][38] Question: Changes in U.S. Government program prioritization - Management noted that the current environment is dynamic, with some programs being deprioritized while others, like Golden Dome, are prioritized [40] Question: Edge Autonomy acquisition and its impact - Management highlighted that drones are becoming a significant part of defense spending, particularly in the U.S. and European markets, and Edge Autonomy will enhance capabilities in this area [46][48] Question: Details on Edge Autonomy's performance and pipeline - Management refrained from disclosing specific Q1 performance metrics for Edge but noted an increase in its backlog to $99.4 million [57] Question: Future deals focus between space and unmanned systems - Management indicated a balanced approach, being opportunistic across both segments while ensuring acquisitions are accretive [90][92]
Rocket Lab's New Defense Deal, 2025 Forecast Win Analyst Support
Benzinga· 2025-05-09 19:20
Core Viewpoint - Rocket Lab USA, Inc. reported better-than-expected financial results for the first quarter, with revenues of $122.57 million, surpassing the consensus estimate of $121.38 million, and a loss of 12 cents per share, which was better than the anticipated loss of 13 cents per share [1][2]. Financial Performance - The company experienced a sequential narrowing of quarterly losses by $6.8 million, which was attributed to two main factors [2]. - Revenue per launch decreased to $7.1 million from $8.2 million in the first quarter of 2024, leading to reduced launch services income [3]. - Research and development expenses increased as the company scaled manufacturing and production capacity in preparation for the Neutron rocket launch [3]. Pricing Strategy - The company is intentionally offering volume-based discounts to secure long-term launch contracts, resulting in a lower average selling price for the quarter [4]. - The backlog for the second half of 2025 indicates an expected increase in launch frequency and average selling prices, driven by higher-value HASTE and mission assurance launches [4]. Future Outlook - A new agreement with the U.S. Air Force Research Laboratory for a rocket cargo mission reflects growing confidence in Neutron's capabilities, which is expected to enhance its commercial traction [5]. - The fiscal 2025 non-GAAP EPS estimate was raised to ($0.20) from ($0.24), above the consensus expectation of ($0.25), with anticipated revenue growth of 33% for the year [5]. - For fiscal 2026, the non-GAAP EPS estimate was maintained at $0.02, slightly ahead of the Street's forecast of $0.01, driven by expected revenue growth of 50% [6]. Market Reaction - Following the earnings report, Rocket Lab shares traded lower by 9.9% to $20.80 [6].
WISeKey Confirms June Launch of Next-Generation WISeSat Satellite with SpaceX Featuring Encrypted Communications and SEALCOIN Integration
Globenewswire· 2025-05-01 11:15
WISeKey Confirms June Launch of Next-Generation WISeSat Satellite with SpaceX Featuring Encrypted Communications and SEALCOIN Integration Geneva, Switzerland, May 1, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces the upcoming launch of its next-generation WISeSat.Space satellite aboard a SpaceX mission in June 2025. This milestone marks a major technological step forward for WISeSat.Space’s secure s ...
LUNR vs. RKLB: Which Space Stock Is the Better Buy in 2025?
ZACKS· 2025-04-30 18:15
A potent mix of factors — rising geopolitical tensions fueling demand for defense-focused satellite systems, rapid digitization driving commercial satellite deployment, and growing government-private partnerships — is accelerating the space race like never before. Within this dynamic landscape, two standout contenders that are capturing market interest are Intuitive Machines (LUNR) and Rocket Lab (RKLB) .While Intuitive Machines focuses on lunar access and exploration, offering lunar payload delivery, data ...
ROCKET LAB ALERT: Bragar Eagel & Squire, P.C. is Investigating Rocket Lab USA, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-04-30 01:00
NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Rocket Lab USA, Inc. (NASDAQ: RKLB) on behalf of long-term stockholders following a class action complaint that was filed against Rocket Lab on February 27, 2025 with a Class Period from November 12, 2024 to February 25, 2025. Our investigation concerns whether the board of directors of Rocket Lab have breached their fiduciary duties to the ...
Intuitive Machines Announces Date for First Quarter 2025 Financial Results Conference Call
GlobeNewswire News Room· 2025-04-29 21:10
HOUSTON, April 29, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the first quarter of 2025 on Tuesday, May 13, 2025, before the market opens. Following the news release, the Company will host a conference call the same day at 8:30 am ET to discuss the results. To participate in the call, please register here. Once registered, participants can dial in from their phone using a dial-in and PIN n ...