Satellites

Search documents
X @Forbes
Forbes· 2025-08-12 19:10
Industry Focus - Low-Earth orbit is emerging as a competitive arena for both commercial entities and military forces [1] Company Strategy - Apex Technology aims to supply standardized satellites to various players in the low-Earth orbit sector [1] - Apex Technology is identified as a BillionDollarStartups, indicating significant valuation and potential [1]
SpaceX rival AST SpaceMobile prepares to deploy nearly five dozen satellites
CNBC· 2025-08-12 16:51
Satellite designer AST SpaceMobile said it's preparing to deploy nearly five dozen satellites to power cellular-based broadband networks, a move that establishes the company as a rival to Elon Musk's dominant SpaceX.The company, based in Texas, released its second-quarter earnings after the bell on Monday, reporting that its satellites are fully funded and preparing for deployment with more than $1.5 billion on its balance sheet.Shares of the space company surged more than 10% on the news on Tuesday. The st ...