TORONTO, July 08, 2025 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) (OTCQX: FTGFF) today announced financial results for the second quarter 2025. Second Quarter Financial Highlights: Bookings: Total bookings reached $45.8 million for Q2Backlog: The quarter-end backlog stood at $133.5 million, a 9% rise from the previous year end.Revenue: Recorded at $48.7 million, a 25.6% increase over Q2 2024.Adjusted EBITDA: Achieved $8.7 million in the quarter, up from $6.5 million in Q2 2024.Net Ear ...

Core Insights - Rocket Lab's stock experienced a significant increase of 33.5% in June, outperforming the S&P 500 and Nasdaq Composite, which rose 5% and 6.6% respectively [1] - Positive comments from a Federal Reserve official regarding potential interest rate cuts contributed to a bullish market environment, benefiting Rocket Lab [2] - Analyst coverage and business-specific news, including contracts and successful launches, played a crucial role in driving the stock's performance [4][5] Analyst Coverage - Cantor Fitzgerald initiated coverage on Rocket Lab, maintaining an overweight rating and raising the one-year price target from $29 to $35, citing competitive advantages such as successful launch history and diverse rocket types [4] - KeyBanc also maintained an overweight rating and increased its price target from $29 to $40, indicating further upside potential [7] Business Developments - Rocket Lab secured a contract with the European Space Agency (ESA) to launch two satellites, which significantly boosted the stock price [5] - The company achieved its fastest-ever turnaround time for launches with the successful deployment of its 67th and 68th Electron rockets within 48 hours [5] Valuation and Growth Potential - Rocket Lab's current valuation stands at approximately $17.9 billion, trading at about 31 times this year's expected sales [8] - Despite concerns about valuation, the company is positioned for rapid growth and has substantial long-term expansion opportunities [8]

SpaceX in talks to raise new funding at $400B valuation | TechCrunch https://t.co/vINe2Qlnex ...

Core Viewpoint - AST SpaceMobile experienced a significant stock price increase of 102.6% in June, outperforming the S&P 500 and Nasdaq Composite, driven by excitement in defense technology and bullish market momentum [1][3]. Group 1: Stock Performance - AST SpaceMobile's stock saw a remarkable rally in June, attributed to promising growth indicators and investor interest [3]. - The stock's price is down approximately 3.5% in July but remains up 264% over the past year, indicating strong overall performance despite recent pullbacks [6][7]. Group 2: Analyst Coverage and Price Targets - B. Riley maintained a buy rating on AST and raised its one-year price target from $36 to $44, citing the company's growing spectrum resources as a catalyst for valuation growth [4]. - Roth Capital also reiterated a buy rating and increased its one-year price target from $42 to $51, viewing AST's service and pricing as superior compared to competitors [8]. Group 3: Partnerships and Growth Opportunities - AST SpaceMobile announced a partnership with Vodafone to provide connectivity in untapped markets in India, which could significantly expand its customer base [5]. - The collaboration on the SpaceMobile Satellite System is expected to lay the groundwork for rapid business scaling and enhance long-term performance outlook [5].

Boeing Delivers Most Jets in 18 Months. Listen for more on Bloomberg Intelligence. https://t.co/SLEzmcsMV8 ...

[Music] [Applause] I was in a small room about the size of a regular restroom, manually pushing 3D printed material into the nozzle of a printer. For two hours, my hands worked nonstop. This was already my third attempt trying to print a nose cone, and every previous try had failed.Finally, after careful adjustments and a bit of luck, I completed my first amateur rocket. A 3D printed nose cone tightly attached to a metal tube was a significant milestone in my Rocket Boy journey. Good afternoon.I'm Woody Woo ...

Boeing said it delivered 60 aircraft in June, its best showing in 18 months that reflects improvements in its factories and the resumption of US jet exports to China https://t.co/6AXOG83L4j ...

Key Takeaways LMT benefits as Ukraine relies on its Patriot system to counter Russian missile attacks. Lockheed increased PAC-3 output 30% in 2024, targeting another 20% rise in 2025 to meet global demand. HIMARS use in Ukraine drives LMT to boost annual output from 48 to 96 units by end of 2025.The long-standing war between Russia and Ukraine, particularly since Russia launched its full-scale invasion in February 2022, has once again intensified in recent weeks after ceasefire talks got largely stalled. ...

Core Insights - Boeing delivered 60 airplanes in the last month, marking the highest delivery rate since December 2023, as the company aims to increase production of its 737 Max jets following previous manufacturing and safety issues [1] - The recent delivery total includes 42 units of the 737 Max, with major customers such as Southwest Airlines, Alaska Airlines, and United Airlines [2] - Boeing's CEO, Kelly Ortberg, has indicated progress in enhancing production rates and quality on the factory lines [2] Production and Performance - For the three months ending June 30, Boeing delivered 150 airplanes, representing the best second quarter performance since 2018, prior to the grounding of Max jets due to two crashes [3] - The last time Boeing reported an annual profit was in 2018, and the ongoing issues have allowed rival Airbus to gain a competitive advantage [3] - Boeing had been producing approximately 38 Max aircraft per month and requires Federal Aviation Administration approval to exceed this limit, which was imposed after a door plug incident [4] - The CEO expressed confidence in increasing production to 42 Max jets per month [4]

ARLINGTON, Va., July 8, 2025 /PRNewswire/ -- The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the second quarter of 2025.The company will provide detailed second quarter financial results on July 29. Major program deliveries during the second quarter were as follows:   Major Programs 2nd Quarter2025 Year-to-Date2025 Commercial Airplanes Programs 737 104 209 767 9 14 777 13</b ...