Virgin Orbit reports net loss of $40M
Air launch provider Virgin Orbit’s (NASDAQ:VORB) second-quarter earnings plunged to just $5,000, down from $1.7 million a year ago. Net...
Investment and M&A
Sidus Space Q2 revenues climb 695%
Aerospace and defense company Sidus Space (NASDAQ: SIDU) reported Q2 revenues of $1.9 million, a 695% year-over-year increase. WHY IT MATTERS:...
Elliott takes stake in embattled Aerojet Rocketdyne
Elliott Investment Management, which has a history of bidding for companies in the US defense sector, has bought a sizable...
Rocket Lab sees record 392% revenue surge
Launch provider Rocket Lab (NASDAQ: RKLB) reported record-breaking revenue of $55.5 million for the second quarter, a 392% year-over-year increase...
MDA lowers guidance after Telesat Lightspeed delay
Space technology provider MDA (TSX:MDA) lowered its 2022 revenue guidance to between $630 million-$650 million Canadian dollars (U.S. $493 million-$509...
Virgin Orbit reports net loss of $33M
Air launch specialist Virgin Orbit (NASDAQ:VORB) on Friday reported a net loss of $33 million for the second quarter. The...
Rocket Lab reports 392% YoY revenue jump
Launch provider Rocket Lab (NASDAQ: RKLB) on Thursday reported second-quarter revenue of $55.5 million, up 392% year over year. With...
Space sector earnings highlight IoT, IFC, financing
While sectors such as in-flight connectivity (IFC), the internet of things (IoT) and cellular services are boosting the space economy,...
Spire reports 113% surge in Q2
Data provider Spire Global (NYSE: SPIR) Wednesday reported Q2 earnings of $19.4 million in revenue, up 113% year over year....
BlackSky revenue reaches all-time Q2 high
Satellite imagery provider BlackSky (NYSE: BKSY) on Wednesday reported second-quarter revenues of nearly $15.1 million compared with $7.4 million in Q2 2021,...
