satellite

Retail investors love a good story for stocks, as well as love the opportunity to get into some potential growth stories on the ground floor. SPACs were one of the hottest stories in 2020 and 2021 but have fallen out of favor with many companies trading well below the $10 price after mergers...

Space company SpaceX has been at the forefront of rocket launches over the past several years, vaulting the company and the space industry to new heights. Earlier this year, NASA highlighted an ambitious launch schedule from SpaceX. The guidance may have been conservative. What Happened: SpaceX set...

SpaceX’s reusable Falcon 9 rocket launched Wednesday as a reconnaissance satellite for the U.S. government. SpaceX is owned by Tesla Inc (NASDAQ: TSLA) CEO Elon Musk. What Happened: The Falcon 9 launched the NROL-87 mission from Space Launch Complex-4E, located at Vandenberg...

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 24.2%. But there is no question some big-name stocks performed better than others along the way. Globalstar’s...

Starlink, the satellite internet service being tested by Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's SpaceX, may soon be part of your air travel. What Happened: In response to a Twitter user's question on whether Musk has any plans to make Starlink available on any airlines, he...

Globalstar, Inc.’s (NASDAQ: GSAT) satellite technologies have been getting a lot of attention in 2021, and investors who bought stock one year ago are seeing green. Since October 2020, Globalstar stock’s one-year return has outperformed a number of the world’s most popular...

Globalstar Inc. (NYSE: GSAT) shares are trading higher Wednesday, possibly bouncing back after the stock saw a strong down day on Tuesday after the company did not receive a partnership with Apple Inc. (NASDAQ: AAPL), despite rumors that a collaboration between the companies could be happening...

Planet Labs Inc. is set to go public via special purpose acquisition company dMY Technology Group Inc IV (NYSE: DMYQ) in a deal that values Planet Labs at about $2.8 billion. Niccolo De Masi, CEO of dMY Technology Group, appeared on Benzinga's YouTube show "...

Globalstar Inc (NYSE: GSAT) shot up 44% on Monday and Tuesday after B. Riley initiated coverage on the stock and announced a price target of $3.25. Globalstar, a Covington, Louisiana-based satellite communications company, has not traded above $3 since April 2015 and until 2021 had spent the...

Amazon.com, Inc (NASDAQ: AMZN) said Thursday it was investing $10 billion to put in place a constellation of low earth orbit broadband satellites — under a plan dubbed “Project Kuiper.” What Happened The satellites would provide internet access to areas that are devoid of...

At precisely 2:03 pm local time the Soyuz ST-B launch rocket on flight VS22 carrying four O3b satellites left the CSG space centre in Kourou, French Guiana. These four satellites will complete an array of 20 units orbiting the equator at nearly 5,000 miles (8,000 kilometers) above the Earth. The...

Satellite network operator Intelsat SA (NYSE: I), a leader in integrated satellite communications, announced its first-quarter results Tuesday before the open.  What Happened The company reported total revenue of $543 million against a $520.4-million estimate. The revenue figure is $518...

The satellite industry is going through a major shift amid the arrival of new-generation satellites, which bodes well for growth for the next five years, although pricing pressure and market share shifts could be material, according to Barclays. The Analyst Analyst Mathieu Robilliard downgraded...

There telecom sector has many moving parts: new policies from the Federal Communications Commission, increasing diversity among competitors and attempts to contract the market. In this environment, DISH Network Corp (NASDAQ: DISH) is losing value, according to Morgan Stanley.  The...

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