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Mercury Expands Processing Hardware Production Agreements with European Defense Prime Contractor
Globenewswire· 2025-07-16 11:00
INVESTOR CONTACT Mercury Systems is a technology company that delivers mission-critical processing power to the edge, making advanced technologies profoundly more accessible for today's most challenging aerospace and defense missions. The Mercury Processing Platform allows customers to tap into innovative capabilities from silicon to system scale, turning data into decisions on timelines that matter. Mercury's products and solutions are deployed in more than 300 programs and across 35 countries, enabling a ...
X @SpaceX
SpaceX· 2025-07-16 08:31
Mission Overview - Falcon 9 launched the @ProjectKuiper KF-01 mission from Florida [1]
X @Tesla Owners Silicon Valley
All of the Starship launches since 2019.Insane to see SpaceX iterate at this pace.https://t.co/ZgeqvQhgW4 ...
X @Elon Musk
Elon Musk· 2025-07-16 06:53
RT SpaceX (@SpaceX)Deployment of 26 @Starlink satellites confirmed https://t.co/I68Pa2PTIh ...
PPA: An Ideal Way To Invest In Defense And The Golden Dome
Seeking Alpha· 2025-07-16 06:11
Group 1 - Invesco Aerospace & Defense ETF (NYSEARCA: PPA) is highlighted as a strategic investment option for exposure to leading military contractors and the aerospace industry [1] - The aerospace and defense sector has experienced significant growth recently, indicating a favorable market environment for investments [1] Group 2 - The article emphasizes a focus on strategic buying opportunities, particularly in dividend and value stocks, which has led to a strong performance rating on investment platforms [1]
DEPLOY! SpaceX Starlink V2 Mini
The Launch Pad· 2025-07-16 03:32
Watch as SpaceX deploys another batch of Starlink V2 mini satellites into LEO (Low Earth Orbit) after launching from Space Launch Complex 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 SU ...
BOEING INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating The Boeing Company on Behalf of Boeing Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-15 23:04
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Boeing (BA) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Boeing and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential ...
X @TechCrunch
TechCrunch· 2025-07-15 22:32
Amazon's Kuiper satellites to get boost from rival SpaceX | TechCrunch https://t.co/WH5JQFWUg0 ...
Park Aerospace(PKE) - 2026 Q1 - Earnings Call Transcript
2025-07-15 22:00
Financial Data and Key Metrics Changes - In Q1, the company reported sales of $15.4 million, with a gross profit of $4.718 million and a gross margin of 3.6%, which is below the desired level of over 30% [10][11] - Adjusted EBITDA was just under $3 million, resulting in an EBITDA margin of 19.2% [11] - The sales estimate for Q1 was set between $15 million and $16 million, with actual results landing in the middle of that range [12] Business Line Data and Key Metrics Changes - Sales of C2B fabric were $1.1 million in Q1, significantly lower than the $4.4 million reported in the previous quarter, which had negatively impacted margins [15] - The company experienced a more balanced production-to-sales ratio in Q1, which positively influenced margins [16] Market Data and Key Metrics Changes - Total shipments in Q1 were 275,000, slightly up from Q4, primarily due to international shipment issues [21] - The impact of tariffs on Q1 was minimal, with costs being less than a few thousand dollars [21] Company Strategy and Development Direction - The company is focusing on expanding its manufacturing capacity to meet increasing demand, particularly in defense and missile programs [81][83] - A new agreement with Aireon to increase C2B fabric manufacturing capacity was highlighted as a strategic move to support growing orders [72] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth potential in defense programs, particularly in light of recent geopolitical events [59][61] - The company is preparing for significant increases in production capacity to meet urgent needs for missile defense systems [72][73] Other Important Information - The company has zero long-term debt and reported $65.6 million in cash and marketable securities at the end of Q1, down from $68.8 million at the end of Q4 [53][54] - A share buyback of $2.165 million was executed in Q1, with no purchases anticipated in Q2 [52] Q&A Session Summary Question: Is there anything different about the new LTA with GE Aerospace compared to previous ones? - The new LTA is negotiated with GE Aerospace and involves different engine programs and materials compared to the previous LTA with MRAS [98][99] Question: When will the company feel comfortable providing long-term forecast details? - The company is conducting internal reviews and expects to provide more information by the end of the calendar year when they have more confidence in their plans [101][103]
Park Aerospace(PKE) - 2026 Q1 - Earnings Call Presentation
2025-07-15 21:00
Financial Performance - FY2026 Q1 - Sales reached $154 million, with a gross profit of $4718 thousand and a gross margin of 306%[10] - Adjusted EBITDA was $2963 thousand, representing 192% of sales[10] - The company reported $656 million in cash and marketable securities[62] Key Agreements and Business Updates - Park entered into a Business Partner Agreement with ArianeGroup, selling $11 million of C2B fabric and $480 thousand of ablative materials manufactured with C2B fabric in FY2026 Q1[13] - A new agreement with ArianeGroup involves Park advancing €4587 million against future C2B fabric purchases, with the first installment of €1376 million paid in FY2026 Q1[54] - Lightning Strike Protection materials were certified on the GE Aerospace Passport 20 Engine, expecting approximately $500 thousand per year in revenues[56] GE Aerospace Programs - FY2026 Q1 sales for GE Aerospace programs were $62 million[45] - The company forecasts GE Aerospace programs sales to be between $67 million and $72 million for FY2026 Q2 and between $280 million and $320 million for the total FY2026[47] - CFM LEAP-1A engine had a 652% market share of firm engine orders for the A320neo Family of Aircraft as of March 31, 2025[34] Share Repurchase Program - During FY2026 Q1, Park purchased 166955 shares of its common stock at an average price of $1297 per share, totaling $2165453[59] - As of the report, the company has purchased a total of 718234 shares at an average price of $1294 per share, costing $9296401[59] Future Expansion - The company is planning a major new expansion of its manufacturing facilities, with a preliminary estimated capital budget of $35 million +/- $5 million[84]