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Eureka Acquisition Corp Announces Postponement of the Extraordinary General Meeting to June 30, 2025 and Extension of Redemption Request Deadline
Globenewswire· 2025-06-23 20:04
Core Points - The Extraordinary General Meeting of Eureka Acquisition Corp has been postponed from June 25, 2025, to June 30, 2025, to allow more time for shareholder engagement [1] - The meeting will consider a proposal to amend the Company's charter to extend the deadline for completing a business combination to July 3, 2026, with the option to extend up to twelve times, each by one month [2] - The record date for shareholders entitled to vote remains May 23, 2025, and shareholders can vote even if they have sold their shares after this date [3] Summary of Key Information - The deadline for redemption requests from shareholders has been extended to June 26, 2025, due to the postponement [4] - There are no changes to the location, record date, or other proposals for the Extraordinary General Meeting [5] - Eureka Acquisition Corp is a blank check company, also known as a SPAC, aimed at effecting business combinations [6]
Golden Cross Alert: Honeywell Nears A Bullish Breakout As Strategic Shakeup Gains Traction
Benzinga· 2025-06-23 17:01
Honeywell International Inc. HON is on the verge of a golden moment — literally. The stock is just about to make a Golden Cross, a classic technical indicator where the 50-day moving average crosses above the 200-day, signaling a potential bullish turn.Chart created using Benzinga ProHoneywell stock, at $221.80, is poised to flip its trend from cautious to confident, with technicals hinting at a subtle shift in investor sentiment despite a moderately bearish backdrop.Read Also: $1000 Invested In This Stock ...
Howmet's Transportation Market Under Pressure: Is the Risk Priced In?
ZACKS· 2025-06-23 16:05
Key Takeaways HWM's commercial transportation revenues fell 14% in Q1 2025 due to weaker truck builds. Soft demand in Forged Wheels is expected to persist until the second half of the year. Aerospace growth and strong defense budgets are helping support HWM's overall top-line performance.Howmet Aerospace Inc. (HWM) has been witnessing persistent weakness in the commercial transportation market. In the first quarter of 2025, revenues from the commercial transportation market declined 14% on a year-over-yea ...
LIVE! RocketLab Electron Launch from New Zealand | Symphony In The Stars
The Launch Pad· 2025-06-22 23:16
Watch LIVE as RocketLab launches the 67th Electron rocket from New Zealand carrying Symphony In The Stars' the first of two dedicated missions on Electron to deploy a single spacecraft to a 650km circular Earth orbit for a confidential commercial customer. A second dedicated launch on Electron to meet those same mission requirements is scheduled for launch before the end of 2025. Join our community Discord! https://discord.com/invite/xCm9UpDPE4 This coverage is made possible by our amazing community! Consid ...
LIVE! SpaceX Starlink 15-7 Launch from Vandenberg, California
The Launch Pad· 2025-06-22 12:47
LIVE! Watch LIVE as SpaceX launches more Starlink satellites aboard Falcon 9, to low-Earth orbit from Space Launch Complex 4E (SLC-4E) at Vandenberg Space Force Base in California. 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 SUBSCRIB ...
LIVE! SpaceX Starlink 10-23 Launch from Cape Canaveral, Florida
The Launch Pad· 2025-06-22 05:59
Watch LIVE as SpaceX launches more Starlink satellites aboard Falcon 9, to low-Earth orbit from Space Launch Complex 40 (SLC-40) at Cape Canaveral Space Force Station in Florida. 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 ...
X @Elon Musk
Elon Musk· 2025-06-22 05:51
RT SpaceX (@SpaceX)Watch Falcon 9 launch 27 @Starlink satellites to orbit from Florida https://t.co/Cd5dUc8MUD ...
European Space Agency's Aschbacher on Funding, Launches, Defense
Bloomberg Television· 2025-06-21 06:00
Space Industry Funding & Investment - Global space economy investment from the public side reached approximately €100 billion last year [5] - The United States accounts for 60% of global public space investment, primarily through NASA and the Space Force [5] - Europe's share of global public space investment is 10%, a factor of six less than the US [5] - For every €1 invested in the Copernicus program, it brings back about €5 into the economy [3] European Space Agency (ESA) Strategy & Development - ESA is preparing for a major funding round in November, seeking increased investment from member states like Germany, France, and Italy [8][9] - ESA aims to foster a competitive space industry landscape in Europe, supporting both large and small companies [20] - ESA is shifting towards becoming an anchor customer for launch services, encouraging industry to develop innovative solutions [22][23] - ESA is developing a program for European resilience from space, focusing on security and defense needs [11] Industry Consolidation & Launch Capability - Airbus, Leonardo, and Thales are in discussions to merge their space businesses, potentially creating a very large company [18][19] - Europe needs more launch capability, exploring new launch services and aiming for new launchers to replace existing ones in the mid-next decade [21][26] - New European launch companies may emerge, but achieving reusability and heavy-lift capabilities like SpaceX will take time, potentially 10-15 years [24][25]
Here's Why Airbus Shares Took Off Today
The Motley Fool· 2025-06-20 19:33
Group 1 - Airbus shares rose by up to 3.1% following the Paris Air Show, where the company announced $21 billion in orders [1][3] - Boeing scaled down its participation at the air show and did not announce new orders due to a recent crash involving a Boeing 787 Dreamliner [2] - Airbus announced $14.2 billion in firm orders and an additional $6.7 billion under memoranda of understanding (MoUs) [3] Group 2 - Among the firm orders, LOT Polish Airlines made its first-ever order for 40 A220 aircraft, while All Nippon Airways ordered 27 A321 airplanes [4] - Riyadh Air ordered 25 A350 wide-body aircraft, marking it as the first Saudi airline to operate the A350 [4] - VietJet signed an MoU for 100 Airbus A321neo aircraft, indicating strong demand for Airbus products [4] Group 3 - The strength in A350 and A321 orders reflects a positive trend for Airbus, especially as it competes with Boeing [6] - The 40 A220 orders signify a recovery for a model that had seen limited deals in the past year [6] - Overall, the air show was a success for Airbus, positively impacting its stock price [6]
Israel Is Running Low on Missile Interceptors. What's Next?
The Wall Street Journal· 2025-06-20 17:48
Defense Capacity Concerns - Industry analysts suggest Israel's aero interceptors are in short supply, raising concerns about long-term defense capabilities [1] - Israel's interception rate for ballistic missiles is approximately 90%, but capacity, not capability, is the critical factor [2] - The US is augmenting Israel's defenses, indicating awareness of interceptor capacity issues [3] - Analysts emphasize the need for a swift resolution to the conflict, as neither the US nor Israel can sustain prolonged missile interception [4] Production and Cost - Israel's defense ministry made a deal with IIA to produce more A3 interceptors [3] - Each Arrow interceptor costs over $2 million and requires significant production time [3] Strategic Implications - Iran possesses more missiles than Israel and the US have interceptors [1] - US interceptor resources are also limited [4]