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Apple could pick Musk's firm for satcom services over Globalstar, which might sell itself (GSAT:NASDAQ)
Seeking Alpha· 2025-10-23 15:26
According to a Thursday report by technology news outlet The Information, Elon Musk's SpaceX (SPACE) could provide satellite connectivity to Apple's iPhones (NASDAQ:AAPL). The report said that in anticipation of a possible future arrangement with Apple, SpaceX has added support in ...
Iridium Announces Third Quarter 2025 Results; Updates Full-Year Outlook
Prnewswire· 2025-10-23 11:00
Accessibility StatementSkip Navigation MCLEAN, Va., Oct. 23, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"), a leading provider of global voice, data, and PNT satellite services, today reported financial results for the third quarter of 2025 and updated its full-year 2025 outlook. During the quarter, the Company continued to strengthen its position in mission-critical communications and safety services, while delivering strong cash flow. "We continue to execute with discipline, f ...
Starlink rival Eutelsat's first quarter hit by weak video sales
Reuters· 2025-10-21 15:47
French satellite operator Eutelsat reported worse-than-expected first quarter revenues on Tuesday as a decline in sales at its video business offset strong demand for government services, notably in U... ...
Why Planet Labs Stock Topped the Market Today
Yahoo Finance· 2025-10-20 21:19
Key Points It was the subject of a prognosticator's price target increase. That lift was substantial, at 33%. 10 stocks we like better than Planet Labs PBC › Planet Labs (NYSE: PL) stock had a good start to the trading week on Monday. That'll happen when an analyst increases their price target by more than 30%, which is what occurred before the market opened that morning. Planet Labs enjoyed an over 3% lift to its share price as a result, which outpaced the 1.1% rise of the bellwether S&P 500 (SNPIN ...
Planet Labs PBC (PL) Analyst/Investor Day Transcript
Seeking Alpha· 2025-10-16 23:46
Core Points - The event is Planet's 2025 Investor Day, featuring key executives and a special guest [1][3] - The agenda includes an overview of Planet, discussions on business momentum driven by AI-enabled solutions, and testimonials from partners [4] Company Overview - Will Marshall, CEO and Co-Founder, will provide an overview of Planet and its strategic vision [3][4] - The company emphasizes its focus on leveraging satellite services and AI technology to enhance business operations [4] Business Momentum - Charlie Candy, Chief Revenue Officer, will discuss the positive business momentum attributed to AI-enabled solutions and satellite services [4] - The presentation aims to highlight the growth potential and innovative capabilities of Planet in the satellite industry [4] Special Guest - Oleksii Reznikov, the former Minister of Defense for Ukraine, is invited as a special guest, indicating the company's engagement with significant global issues [4] Execution and Strategy - Robbie Schingler, Chief Strategy Officer and Co-Founder, will discuss Planet's execution capabilities and strategic partnerships, including a testimonial from JSAT [4]
Planet Labs (NYSE:PL) 2025 Earnings Call Presentation
2025-10-16 13:00
Planet Labs' Key Business Highlights - Planet Labs' AI-enabled solutions and satellite services are leading the market, delivering exceptional results [27] - The company has driven accelerated growth, and its backlog supports further acceleration [27] - Planet Labs is uniquely positioned as a Space + AI company [27] - The company reported a backlog of $736 million as of the end of the second quarter of fiscal year 2026 [32] - Planet Labs achieved record revenue of $73 million in the second quarter of fiscal year 2026 [35] - The company's cash and equivalents totaled $272 million at the end of the second quarter of fiscal year 2026 [35] - Planet Labs raised $460 million in convertible debt [37] Market and Contractual Momentum - The maritime surveillance market is projected to grow from $24 billion in 2024 to $36 billion in 2030 [99] - JSAT has a multi-year partnership with Planet Labs worth $230 million to build a LEO constellation [49] - The German government has a multi-year agreement with Planet Labs, funded with €240 million, to support European peace and security [50] Financial Performance and Targets - The company's expected revenue for fiscal year 2026 is in the range of $281 million to $289 million [336] - Planet Labs is aiming for long-term financial targets including revenue growth of 20%+, non-GAAP gross margin of 60%+, and adjusted EBITDA of 25%+ [374]
Momentus Signs $15 Million Global Agreement with Solstar Space
Businesswire· 2025-10-13 21:20
SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS), a commercial space firm specializing in satellite solutions and in-space infrastructure, today announced a three-year reciprocal services agreement with Solstar Space (Solstar). The agreement is designed to utilize the respective strengths, products and services of each company to deliver comprehensive low Earth orbit (LEO) space capabilities to address a broad range of commercial, government and space agency requirements. Solstar. ...
AST SpaceMobile Stock Blasts Off After Verizon Deal
Schaeffers Investment Research· 2025-10-08 14:55
ASTS is up nearly 300% in 2025, but still has short covering potentialTech stocks are up off the mat today, thanks in large part to AST SpaceMobile Inc (NASDAQ:ASTS). The satellite designer and Starlink competitor inked a commercial agreement with Verizon Communications (VZ) for direct-to-device cellular service to customers beginning in 2026. In response, ASTS was last up 7.5% to trade at $80.35. The new agreement with Verizon for space-based cellular broadband services adds another layer of legitimacy to ...
EUMETSAT Awards Spire Global €3 Million Contract Renewal for Satellite Weather Data
Businesswire· 2025-10-08 10:45
Company†), a global provider of space-based data, analytics and space services, has been awarded a €3 million contract renewal by EUMETSAT, Europe's meteorological satellite agency. The renewal is part of a two-year operational contract starting August 14, 2024. Through the contract, the Company will continue to provide radio occultation (RO) data. The Company's RO data delivers information about the vertical profiles. LUXEMBOURG--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) ("Spire†or "the ...
Momentus Signs Contract to Launch Demonstration Mission for Pulsar Fusion's Advanced HET Propulsion System
Businesswire· 2025-09-30 12:15
SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS), a U.S. company offering satellites, satellite components, and transportation and on-orbit services, announced today that it has signed a contract to perform a demonstration mission showcasing Pulsar's cutting-edge Hall Effect Thruster (HET) technology. The contract is part of a strategic partnership between Momentus and UK-based propulsion innovator Pulsar Fusion. The mission, scheduled for launch aboard Momentus' Vigoride orbital. ...