Q&AStartups

A Q+A with Integrate Space Corp’s John Conafay and Andrew Sloan

Integrate Space Corp. aims to modernize how you launch your payload through its new software stack. The newly hatched startup is creating a collaborative tool for spacecraft manufacturers, rideshare aggregators, and launch providers to organize missions digitally.  The basics: Launched by space industry veteran John Conafay and technical lead Paul Reesman earlier this year, Integrate…

EquitiesEuropeInternational

Airbus ($AIR) Reports H1 2022 Earnings

Airbus ($AIR) reported its H1 2022 earnings yesterday. Supply chain issues led the European aerospace giant to cut commercial aircraft estimates, but Airbus expects little short-term impact as it maintains its free cash flow targets.  The overall numbers:  Revenue =  €24.8B ($25.3B), a 1% YoY increase Free cash flow =  €2.0B ($2.0B) Adj. EBIT = …

EquitiesLaunchLEO

Boeing ($BA) Reports Q2 2022 Earnings

Boeing ($BA) Q2 results fell short of Wall Street expectations yesterday, due to weaker defense sales and program delays. Robust commercial plane orders softened the blow, and the company stuck by its forecast to return to positive free cash flow this year.  The overall numbers:  Operating cash flow = $100M Revenue = $16.7B, a 2%…

InternationalISSMilitary

Moscow Removes Rogozin from Top Roscosmos Role

Moscow removed Roscosmos head Dmitry Rogozin from his position on July 15, as part of a wider shake-up in the Russian government. No official reason was given for his ousting.  Rogozin will be replaced by Yuri Borisov, who was previously the deputy prime minister for defense and space. Rogozin: Rogozin doubled down on his penchant for…

Deep SpaceScience

White House Unveils First Sneak Peek JWST Image 

Standing alongside NASA Administrator Bill Nelson, President Biden and VP Harris unveiled the first image from the James Webb Space Telescope (JWST) of galaxy cluster SMACS 0723, taken by Webb’s Near-Infrared Camera. After enough of a delay to fill Space Twitter™️ with nervous laughter, the image revealed the deepest and highest-resolution infrared view of the…

BroadbandLaunch

SpaceX Launches First Group of Starlink’s Third Shell

SpaceX launched its 51st set of Starlink satellites this evening, with the workhorse Falcon 9 lifting out of a thick layer of fog enveloping Vandenberg Space Force Base in California.  Sunday evening marks the 50th dedicated Starlink launch. The mission’s first-stage booster previously launched Sentinel-6 Michael Freilich, NASA’s DART planetary defense mission, and three Starlink…

LaunchRockets

Virgin Galactic Orders Two Next-Gen Motherships 

Virgin Galactic ($SPCE) has selected Aurora Flight Sciences to build its next generation of motherships. The Boeing ($BA) subsidiary will build two motherships for Virgin, the human spaceflight company said Wednesday. $SPCE rose over 5% in after-hours trading.  Terminology first: The mothership carries and air-launches Virgin’s spaceship at a release altitude of ~50,000 feet.  The…

LaunchRockets

Virgin Orbit Successfully Launches Straight Up Mission

This weekend, Virgin Orbit launched its fourth successful mission. Straight Up launched from Mojave under the cover of night for the first time. That name may sound familiar as the mission was named after a 1988 Paula Abdul song and included a prep visit from the pop legend herself. Cosmic Girl and Launcher One delivered…

Equities

Several Pure-Play Space Companies Join Russell 3000

Space just got added to your retirement accounts. The Russell 3000, an index that benchmarks the US stock market, added several space companies Monday: Astra ($ASTR) Momentus ($MNTS) Planet ($PL) Redwire ($RDW) Rocket Lab ($RKLB) Spire ($SPIR) Terran Orbital ($LLAP) Spire and Terran Orbital touted their inclusion in the index. “We are honored to be…

EOEquities

Planet ($PL) Reports Q1 Earnings

Image: Planet On Tuesday, Planet released its Q1 2023 earnings for the period ending April 30th 2022. Planet’s stock traded down 10% after hours despite record Q1 revenue, likely due to a spike in net loss and a downward adjustment on full-year revenue guidance.  The numbers: Planet booked $40M in revenue in the first quarter…

EOEquities

Planet (NYSE:PL) Releases Q4 ’22 and FY’22 Earnings

On Thursday, Planet released Q4 and full-year (for the fiscal year ended January 31, 2022) financial results. Planet booked $131.2M in revenue last year, the company said yesterday in Q4 & FY 21 financial results. The planet-scanning company is growing at a healthy clip: 2021’s results represent a 16% jump over 2020.  Q4 was Planet’s…