Equities
Stories about space companies’ finances, including earnings reports and M&A news.
Next-Gen PNT Constellation Commits to Sustainability
Xona Space Systems’ fleet of next-gen PNT sats will be fitted with docking plates supplied by in-orbit servicing firm Astroscale, to ensure the venture leaves no space trash behind.
Firefly Files IPO Prospectus
Firefly Aerospace is $FLYing into the Nasdaq with the space industry’s latest exit attempt.
Eutelsat’s €1.35B Raise Could Help OneWeb Break Even
Despite the extraordinary payments ahead, and the sizable debt Eutelsat already faces, the company expects OneWeb to be cash-flow breakeven in 2027.
Planet Hits Free Cash Milestone
“People look at the changing way in which these new technologies play into security, as they have in Ukraine—drones and satellites and AI—and they realize that they need them, and they need them quickly.”
Redwire Stock Tumbles on US Contract Delays
Their argument that lumpy quarter-to-quarter contract values should be expected didn’t seem to buoy investor sentiment, as the company’s stock dipped 6.5% by market close.
MDA Space is Safe From Trump Tariffs, Budget Cuts
MDA Space posted its Q1 2025 financial results yesterday, showing a strong quarter with revenues ($351M CAD/$252.3M), backlog ($4.1B CAD/$2.95B), and net income ($37.2M CAD/$26.7M) all up compared to the same period last year.
Rocket Lab Wins Point-to-Point Demo Contract for Neutron
Time for a rocket cargo survivability experiment.
Iridium Is Fighting Starlink and Trump’s Tariffs
Despite beating market expectations with first quarter revenue growth of 5% year-on-year, Iridium’s stock fell nearly 7% in the face of competition and trade wars.
Trump Policies Deplete Post-Election Space Stock Gains
Space stocks soared in the wake of Trump’s election win. In the weeks since, however, many of these lofty valuations have come crashing down.
Eutelsat Soars 550% in Three Days on EU Defense Plans
Eutelsat stock has surged over 500% this week, adding more than $3B in market cap, driven by expectations of increased usage and a priority on EU defense.
Boeing Starliner Losses Top $2B—And Counting
Years of technological and operational challenges have increased costs to develop Starliner, with Boeing reporting losses almost every year since it began developing the spacecraft in 2014.
