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NASA TVMuch like Intuitive Machines' spacecraft, its stock has been flying to the moon the past week. Stock Chart Icon Stock chart icon Intuitive Machines stock trading around its IM-1 moon mission. Only a handful of Wall Street analysts cover the $1 billion space company. Along with Canaccord Genuity analyst Austin Moeller, Sullivan and Sheppard were unanimous in their reads that retail, not institutional, investors are driving the current Intuitive Machines' rally. Intuitive Machines and NASA leaders showcase a mockup of the company's Nova-C lunar lander during a presentation on May 31, 2019.
Persons: It's, We've, Cantor Fitzgerald's Andres Sheppard, Sheppard, Josh Sullivan, Canaccord, Austin Moeller, Sullivan, Aubrey Gemignani, NASA Canaccord's Moeller, they'll, Moeller Organizations: NASA, Wall, CNBC, Wall Street, FactSet, Payload Locations: Texas, U.S
"It's more of an evolutionary technology than a revolutionary technology." But Cowen managing director Cai von Rumohr said investors should be prepared for timelines to be pushed back, as this is still considered "early-stage tech." "Given the push for climate and to basically reduce carbon emissions, I think, at some point, there's going to be a market," von Rumohr said. The outlook is still clouded by many variables, von Rumohr said. "It's definitely an important investment opportunity for investors," Moeller said.
Persons: Harry Potter, Austin Moeller, Moeller, Archer, Joby, Cowen, Cai von Rumohr, von Rumohr, Lilium, Von Rumohr, Marco Iachini, Vanda Research's, Bill Peterson, It's Organizations: Archer, Federal Aviation Administration, FAA, Toyota, Stellantis, Air Force, Aerospace, JPMorgan
Canaccord initiates Joby and Archer as buy
  + stars: | 2023-06-09 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCanaccord initiates Joby and Archer as buyAustin Moeller, director of equity research at Canaccord Genuity, joins 'The Exchange' to explain why his firm initiated coverage of Joby Aviation and Archer Aviation with a buy rating.
Persons: Archer, Austin Moeller Organizations: Joby Aviation, Archer Aviation
Oct 12 (Reuters) - Satellite launch firm Virgin Orbit Holdings Inc (VORB.O) and Spire Global Inc (SPIR.N) entered into a deal under which the satellite operator will purchase multiple launches over several years starting 2023, the companies said on Wednesday. Spire Global, which is looking to boost its space services business, said that the deal provides flexibility and control over launches instead of it relying on the rideshare market where satellites will launch with others on a large rocket. Cannacord Genuity analyst Austin Moeller said Virgin Orbit's inaugural November launch from British soil is also highly convenient for Spire, which builds its satellites in Glasgow, Scotland. Earlier in January, Virgin Orbit – on its first successful mission since going public – carried satellites for Spire, the U.S. Defense Department, and the Polish company SatRevolution. Virgin puts satellites into orbit using a rocket, LauncherOne, that is mounted on a modified Boeing CO (BA.N) 747 jumbo jet.
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