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France halted Eutelsat's sale of ground antennas, Finance Minister says
Yahoo Finance· 2026-01-30 07:04
By Gianluca Lo Nostro and Louise Rasmussen PARIS, Jan 30 (Reuters) - French Finance Minister Roland Lescure earlier this week blocked Eutelsat's sale of its ground antennas, he said on Friday, citing national security concerns tied to the satellite operator, the main European rival to Elon Musk's Starlink. "These antennas are used for both civilian and military communications. Eutelsat is Starlink's only European competitor. It is clearly a strategic asset. And so I said no," Lescure told TV station ...
Satellogic Extends Country-Wide Monitoring Agreement with the Government of Albania, Enabling Persistent National Earth Intelligence
Globenewswire· 2026-01-29 13:30
Core Insights - Satellogic, Inc. has extended its agreement with the Government of Albania for continuous, high-frequency satellite monitoring using its NewSat constellation, marking a significant advancement in national-scale Earth observation [1][2] Group 1: Agreement Details - The contract extension is for 11 months and builds on a previous three-year agreement that provided dedicated satellite capacity and the naming of two satellites, Albania-1 and Albania-2 [2] - Under the new agreement, Albanian government agencies will receive high-resolution imagery (50 cm) covering the entire territory of Albania, facilitating persistent oversight and centralized intelligence [2][3] Group 2: Strategic Importance - This extension reflects Albania's commitment to proactive monitoring rather than reactive tasking, allowing for continuous detection of changes and anomalies across various use cases such as illegal construction and natural resource management [3] - The partnership emphasizes the need for continuous oversight by national governments, highlighting the operational necessity and economic viability of persistent monitoring [4] Group 3: Company Overview - Founded in 2010, Satellogic is a vertically integrated Earth observation company that designs, manufactures, and operates satellite systems, providing decision-grade insights to government and commercial customers [5] - The company's integrated approach allows for predictable satellite deployment and persistent coverage, enabling proactive decision-making for defense, intelligence, and civil government agencies [6]
Spartacus Acquisition(TMTSU) - Prospectus(update)
2026-01-28 22:05
As filed with U.S. Securities and Exchange Commission on January 28, 2026 Registration No. 333-292421 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ––––––––––––––––––––––––––––––––––––––– AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT THE SECURITIES ACT OF 1933 ––––––––––––––––––––––––––––––––––––––– Spartacus Acquisition Corp. II (Exact name of registrant as specified in its charter) ––––––––––––––––––––––––––––––––––––––– | Cayman Islands | 6770 | 98-1896857 | | --- | --- | - ...
Planet Labs Skyrockets 402% in a Year: How to Play the Stock
ZACKS· 2026-01-27 16:31
Key Takeaways PL stock has jumped 402.4% in a year, outpacing its sector, industry and the S&P 500 composite.Strong subscription growth, a $734.5M backlog and government demand support revenue visibility.Despite gains, PL remains unprofitable with high costs and a price-to-sales ratio far above industry norms.Shares of Planet Labs (PL) have gained 402.4% in a year, outperforming the industry, its sector as well as the Zacks S&P 500 composite. Planet Labs is a leading provider of Earth-imaging data and geosp ...
Why Planet Labs Is a Great Buy This Year
The Motley Fool· 2026-01-26 02:11
Core Insights - Planet Labs has signed a significant nine-figure multiyear deal with the Swedish Armed Forces, highlighting the importance of real-time Earth data for various applications including defense and climate monitoring [1][3] - The company's stock has seen substantial growth, increasing by 28% year-to-date and 468% over the past year, driven by strong quarterly earnings and the recent military contract [2][4] Financial Performance - In the third quarter of fiscal 2026, Planet Labs reported record revenue of $81 million, with a backlog of $734 million, reflecting a year-over-year growth of 216% [4] - The company has over 80% of its contracts as multiyear agreements, indicating a stable revenue growth trajectory for the coming years [4][6] - Planet Labs is improving its financials by slowing cash burn and achieving positive adjusted EBITDA, with potential for GAAP profitability in the near to intermediate term [7] Market Position and Strategy - Planet Labs operates on a subscription model, providing clients with access to satellite data, and has secured three major satellite services contracts in the past year [3] - The company’s strengths include multiyear government contracts and the ability to deliver real-time Earth imagery, along with AI-driven insights that are machine-learning-ready [6] Risks and Challenges - Geopolitical instability can both drive demand for satellite data and pose risks, as seen with negative stock responses during heightened tensions among allies [5] - The high costs associated with building, launching, and maintaining satellites present a financial risk, particularly if key contracts do not materialize [8] - The sales cycle for acquiring new enterprise-level customers is slow and challenging, which could impact future revenue growth [8]
Satellogic: Low-Cost Earth Observation Trading At A Discount
Seeking Alpha· 2026-01-25 10:57
Company Overview - Satellogic (SATL) is an integrated satellite earth observation provider that designs and manufactures its own satellites, known as NewSat [1] - The company currently operates a constellation of 20 NewSats orbiting the Earth, providing satellite imaging services [1] Analyst Background - The article includes insights from a contributing writer at Seeking Alpha, who focuses on Long/Short investment ideas in North America and has a background in finance and economics [1] Investment Position - The analyst has disclosed a beneficial long position in the shares of SATL, indicating a personal investment interest in the company [2]
Why Planet Labs Stock Fell This Week
Yahoo Finance· 2026-01-23 15:57
Core Viewpoint - Planet Labs' stock has experienced a significant decline of approximately 10% this week, despite a remarkable 487% increase over the past year, driven by strong earnings growth and a partnership with Alphabet for AI data centers [1][2][3]. Financial Performance - The latest quarterly earnings report showed a revenue increase of 33% year-over-year, reaching $81 million, while the company's backlog surged by 216% to $734 million, indicating strong demand for its satellite imaging services [3]. - The current market capitalization of Planet Labs stands at $8.33 billion, with a price-to-sales (P/S) ratio of 28, raising concerns about the stock's valuation relative to its revenue [5]. Market Dynamics - The recent stock decline is attributed to broader market momentum shifts and specific events, including the resolution of Greenland-focused tariffs and an insider sale by the CFO, who sold $4 million worth of stock, which may signal negative sentiment among investors [4]. - Despite the recent dip, the stock remains at a premium price, and analysts suggest caution before investing, as the company is not yet profitable [7][9].
Iridium Announces Release Date for Fourth-Quarter and Full Year 2025 Financial Results
Prnewswire· 2026-01-22 12:01
MCLEAN, Va., Jan. 22, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice, data, and PNT satellite services, will host a conference call on Thursday, February 12, 2026 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter and full year 2025 financial results. In advance of the call on February 12, 2026, Iridium will issue its fourth-quarter 2025 earnings press release, which will be available on the investor relations page of the C ...
On-Air Trials Underway: Iridium NTN Direct Prepares to Enter Beta as Testing Continues
Prnewswire· 2026-01-21 12:01
Continue Reading Speed Speed The first mobile-originated message sent over the Iridium NTN Direct service read: "To Iridium and Beyond." MCLEAN, Va., Jan. 21, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice, data, and PNT satellite services, today announced successful on-air testing of Iridium NTN Direct, including two-way message transmission over its low-Earth orbit (LEO) satellite network. This milestone marks a significant step forward as Iridium prepa ...
Why Planet Labs Stock Soared 24.5% This Week
Yahoo Finance· 2026-01-16 15:10
Core Insights - Planet Labs' shares surged 24.5% this week, with a remarkable increase of over 600% in the past year, driven by a new contract with Sweden and an analyst upgrade [1][3][4] Group 1: Recent Developments - Planet Labs signed a contract with Sweden worth over $100 million for military imaging services, contributing to a backlog growth of over 200% to $734 million [3] - The company is involved in a project with Alphabet called Project Suncatcher, which aims to explore AI data centers in space [4] Group 2: Financial Performance - Planet Labs has a market capitalization of approximately $9 billion and is now cash flow positive, reporting free cash flow of $35 million over the last twelve months [6] - The company's revenue for the last twelve months was $282 million, resulting in a trailing price-to-sales ratio of 32, indicating a high valuation relative to its revenue [7]