DIRS.INFO The most relevant business & tech news

☆ Investing in Space: Why military contracts are crucial for space companies
▼ + stars: | 2024-07-03 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. The first orbital rockets, satellites, and even the Apollo architecture were born of the military and its aerospace contractors. Historically, the biggest defense contractors have long been the winners of the largest space contracts – and that's still true today. The top pure-play space companies get a significant, if not majority, amount of revenue from military work under contracts from the U.S. and its allies. And the importance of military contracts is also going further upstream, as venture capital looks more explicitly toward startups that are winning and delivering on early military deals.

Persons: CNBC's Michael Sheetz, I'm, Peter Beck, Beck Organizations: Pentagon, U.S . Space Force, NASA, SpaceX, Space Force, NRO Locations: U.S, Ukraine, China, Taiwan

☆ Investing in Space: Why ULA needs to launch its second Vulcan rocket as soon as possible
▼ + stars: | 2024-06-27 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. A great example of that from this week is United Launch Alliance's Cert-2 mission. Enter the National Security Space Launch (NSSL) program. Well, the Pentagon's already bought a whole bunch of Vulcan launches and expects two of those missions – USSF-106 and USSF-87 – to fly before the end of the year. That was back when Blue Origin had a BE-4 engine explode during acceptance testing — an engine that was intended for the Cert-2 launch.

Persons: CNBC's Michael Sheetz, Tory Bruno, ULA, ULA's, Bruno, Tom Vice, Frank Calvelli, Lockheed Martin, Jeff Bezos, I'm Organizations: Cert, Pentagon, National Security, SpaceX, Space Force, Force, Sierra Space's, USSF, Air Force, Boeing, Lockheed, Vulcan, BE, V Locations: ULA

☆ CNBC's Investing Club on how to manage your portfolio so you stay diversified
▼ + stars: | 2024-06-17 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC's Investing Club on how to manage your portfolio so you stay diversifiedCNBC's Jim Cramer and Jeff Marks, director of portfolio analysis for the CNBC Investing Club, discuss the different ways investors can make sure their portfolios are diversified enough.

Persons: Jim Cramer, Jeff Marks Organizations: CNBC

☆ Jim Cramer says it's time to take some profits in AI stocks
▼ + stars: | 2024-06-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

After a big week for stocks related to artificial intelligence, CNBC's Jim Cramer told investors it may be time to ring the register for many of these companies that have seen massive gains. "Remember, this remarkable, albeit limited, narrow, year — you don't want to spoil it by refusing to ring the register on every one of your stocks that may be AI." Cramer reviewed the significant surges in the AI sector this week, starting with Apple's record-breaking run after the company announced new AI programming that could boost iPhone sales. "We know we've been feeling a little greedy, and it's quite unbecoming — when you have big gains, you need to take something off the table," Cramer said. "I am still a true believer in Nvidia, but I don't want to be oblivious to the scale of this massive run."

Persons: CNBC's Jim Cramer, Cramer, avarice, Larry Williams Organizations: Oracle, Microsoft, Broadcom, Adobe, Nvidia, CNBC's

☆ Investing in Space: Virgin Galactic enters spaceflight hiatus after retiring Unity
▼ + stars: | 2024-06-13 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

Virgin Galactic founder Sir Richard Branson, far left, and CEO Michael Colglazier, far right, stand with the crew of the Galactic 07 mission. But Virgin Galactic needs a great suborbital spaceship. But it's a far cry from the forecast Virgin Galactic sold investors on – more than 3,000 "cumulative passengers flown" by 2023 – when it went public five years ago. But that leaves a hiatus before the first Delta spacecraft debuts, with the key target of a first commercial flight in 2026. As a reminder, human spacecraft development is often years delayed, and Virgin Galactic has in the past been no exception: Virgin Galactic was supposed to begin spaceflights in 2010, but didn't until 2018.

Persons: Sir Richard Branson, Michael Colglazier, CNBC's Michael Sheetz, Galactic's, Colglazier, That's, Virgin Organizations: Virgin Galactic, VSS Unity, Galactic, Unity, VSS Imagine, VSS Inspire, VSS, Delta

☆ SpaceX launches fourth Starship test flight
▼ + stars: | 2024-06-06 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

SpaceX launched a fourth test flight of its Starship rocket on Thursday, as the company looks to push development of the mammoth vehicle past new milestones. Cheney Orr | ReutersSpaceX has flown the full Starship rocket system on three spaceflight tests previously, with launches in April 2023, November and March. Each of the test flights have achieved more milestones than the last, but each result destroyed the rocket before the flight's end. SpaceX will be looking to surpass the third test flight's milestones. "The primary objectives will be executing a landing burn and soft splashdown in the Gulf of Mexico with the Super Heavy booster, and achieving a controlled entry of Starship," SpaceX wrote.

Persons: Elon, SpaceX's, Cheney Orr, we've, Joe Skipper, it's Organizations: SpaceX, Elon Musk's, Boca Chica, Reuters SpaceX, NASA, Reuters, Super Locations: Boca Chica , Texas, Gulf of Mexico, Brownsville , Texas, U.S, Gulf, Mexico

☆ Boeing Starliner launches for the first time carrying NASA astronauts to the ISS
▼ + stars: | 2024-06-05 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

In this article BA Follow your favorite stocks CREATE FREE ACCOUNTBoeing launched its first Starliner flight with astronauts on Wednesday, beginning a crucial final flight test of the long-delayed spacecraft. ET from Cape Canaveral, Florida with two NASA astronauts aboard. Starliner is carried by an United Launch Alliance's Atlas V rocket and bound for the International Space Station. Boeing's crew flight test aims to certify the Starliner system as capable of carrying NASA astronauts to-and-from the ISS. The capsule itself is built to carry as many as four NASA astronauts per flight and more than 200 pounds of research and cargo.

Persons: Boeing's, Steve Nesius, Lockheed Martin –, Miguel J, Rodriguez Carrillo, Butch Wilmore, Suni Williams, Wilmore, Kim Shiflett, NASA Williams, Williams, Isaac Watson, NASA Starliner Organizations: Boeing, NASA, United, International Space, Alliance, V, International, Reuters, Lockheed, United Launch, Boeing's, Kennedy Space Center, AFP, Getty, Space Shuttle, Russia's, U.S . Navy, Soyuz, Navy, United Launch Alliance, Cape Canaveral Space Force Locations: Cape Canaveral , Florida, U.S, ULA, Cape Canaveral, Fla, Florida

☆ Investing in Space: The China factor in the U.S. space station race to replace the ISS
▼ + stars: | 2024-05-30 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. I'd be surprised if most Americans know that there are not one, but two crewed space stations in orbit currently. I'd like to think the International Space Station is common knowledge, but is Tiangong? Tiangong, that second space station in orbit, is built and run by the Chinese. Ideally, NASA also gets more than one space station.

Persons: CNBC's Michael Sheetz, I'd, I've, NASA's Organizations: NASA, NASA's, Soyuz Locations: U.S, China

☆ Investing in Space: How the Pentagon is making use of AI with spy satellite data
▼ + stars: | 2024-05-23 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. The conversation I moderated was on "Big (Geospatial) Data & AI," with the goal of exploring how the two rapidly evolving worlds of satellite data collection and artificial intelligence interact. Simply put, Project Maven at NGA is working on how AI can use satellite imagery and data to detect objects and activities around the world. "As the volume of that data grows, it is beyond the capacity of the human mind to be able to derive any kind of useful understanding from that kind of data," Martin said. And more change is coming: The next step in the evolution of geospatial data and AI, from her view, is applying generative AI "to basically arm non-experts with the ability to expertly use geospatial data."

Persons: CNBC's Michael Sheetz, Nathan Kundtz, Rachael Martin, Martin, Maven Organizations: Space, Maven, National Geospatial - Intelligence Agency, of, NGA, National Reconnaissance Office, NRO Locations: China

☆ Tuesday, May 21, 2024: Jim Cramer breaks down earnings from this cybersecurity stock
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: 1 min

Tuesday, May 21, 2024: Jim Cramer breaks down earnings from this cybersecurity stockCNBC's Jim Cramer and Jeff Marks, the director of portfolio analysis for CNBC's Investing Club, break down the recent moves in the stock market and the club's Trust Portfolio.

Persons: Jim Cramer, Jeff Marks Organizations: CNBC's Investing, club's

☆ Investing in Space: Boeing inches closer to Starliner launch
▼ + stars: | 2024-05-16 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Boeing's Starliner spacecraft is finally at the pad and on the eve of carrying astronauts for the first time. And, even this test flight doesn't feel like a given. Boeing is going to test the capsule's propulsion system before moving forward, so we'll see if the May 21 target holds. The coming Starliner crew flight test doesn't mean that race is back on.

Persons: Boeing's, CNBC's Michael Sheetz, It's, Starliner's Organizations: Alliance, International, CNBC's, Boeing, NASA, SpaceX Locations: Cape Canaveral , Florida, U.S

☆ Investing in Space: Boeing takes backup role in flying NASA astronauts
▼ + stars: | 2024-03-28 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Boeing's Starliner program finally feels close to flying people in space for the first time. It was originally planned to launch this crew flight test in November 2018. On the eve of flying crew, Boeing's messaging is now closer to "NASA wants us as backup and we're not committing beyond that." The additionally unfortunate aspect of this situation is that none of these years of setbacks and cost overruns seem to have lit a fire under Boeing's space management.

Persons: CNBC's Michael Sheetz, Boeing's, we're, Starliner, it's, SpaceX's Dragon, Boeing's Starliner, Mark Nappi, Nappi Organizations: ISS, Boeing, SpaceX, NASA

☆ Investing in Space: Where NASA made cuts in its underwhelming budget request
▼ + stars: | 2024-03-15 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. A year ago, the space agency was seeking budgets of $27.2 billion and $27.7 billion for 2024 and 2025, respectively. Moreover, NASA's budget remains a tiny fraction (less than 0.4%!) But the branch isn't exactly enthused, with Air Force Secretary Frank Kendall giving the 2025 request an "acceptable" grade. Space Force's budget has already surpassed NASA's, and the Pentagon is seeking $29.4 billion for the branch in 2025.

Persons: CNBC's Michael Sheetz, what's, Artemis, Frank Kendall, That's Organizations: House, NASA, Congress, Exploration Systems, Planetary Society, Air Force, Pentagon, Space Force, Security, NSSL

☆ SpaceX Starship launches successfully, notches new milestones on way around Earth
▼ + stars: | 2024-03-14 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

Elon Musk's company launched Starship at about 9:25 a.m. The SpaceX Starship spacecraft lifts off from Starbase in Boca Chica, Texas, on March 14, 2024. Chandan Khanna | AFP | Getty ImagesSpaceX has flown the full Starship rocket system on two tests in the past year, with launches in April and November. The Starship system is designed to be fully reusable and aims to become a new method of flying cargo and people beyond Earth. Starship's staggering sizeThe SpaceX Starship spacecraft lifts off from Starbase in Boca Chica, Texas, on March 14, 2024.

Persons: Elon, Musk, Chandan Khanna, we've Organizations: SpaceX, Elon Musk's, AFP, Getty, Federal Aviation Administration, Afp, Super, FAA, NASA Locations: Boca Chica , Texas, Starbase

☆ Wednesday, March 13, 2024: The Investing Club breaks down the bullish call on this semiconductor stock
▼ + stars: | 2024-03-13 | by ( ) www.cnbc.com time to read: 1 min

Wednesday, March 13, 2024: The Investing Club breaks down the bullish call on this semiconductor stockJeff Marks, director of portfolio analysis for CNBC's Investing Club, discusses the selling of more shares of this health care stock by its parent company. He also talks about the analyst watch on this consumer stock. Finally, he breaks down Bank of America increasing the price on this semiconductor stock.

Persons: Jeff Marks Organizations: CNBC's Investing, Bank of America

☆ Investing in Space: How Columbia's fabric tech landed on the surface of the moon
▼ + stars: | 2024-02-29 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Looking at Intuitive Machines ' Odysseus spacecraft, you may have noticed any one of four fairly visible images: The American flag, NASA logo, Intuitive Machines logo … and a Columbia Sportswear logo. Of course, Columbia wasn't just involved to keep a moon lander comfortable with its jacket liner. "A technology that's good enough to get a lunar spacecraft to the moon, that you can wear in your everyday life? Pioneers in space – I would have never attached that to our company, say, 5 years ago," Boyle added.

Persons: CNBC's Michael Sheetz, Joe Boyle, We've, Boyle, Columbia wasn't Organizations: Columbia, NASA Locations: Columbia

☆ Investing in Space: Former NASA official explains 'shots on goal' approach to cargo moon landings
▼ + stars: | 2024-02-22 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. We're six years on from NASA declaring it would look to American companies to deliver cargo and research to the moon. As much as CLPS companies are bidding against each other for contracts, it's another example of what I've called space industry coopetition — simultaneous cooperation and competition. Already, Astrobotic represents that dynamic, holding a briefing with other CLPS companies to share the learnings from the company's first effort. But how many CLPS mission failures will NASA tolerate?

Persons: CNBC's Michael Sheetz, it's, Thomas Zurbuchen, Zurbuchen, Z, Astrobotic's, – Organizations: NASA, Payload, Aerospace

☆ Intuitive Machines stock has surged 300%. How Wall Street reads the moon-fueled rally
▼ + stars: | 2024-02-22 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +6 min

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

☆ Watch Intuitive Machines attempt the first U.S. moon landing in over 50 years
▼ + stars: | 2024-02-22 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

Intuitive Machines' mission, known as IM-1, aims to soft land near the moon's south pole at about 6:24 p.m. Intuitive Machines would become the first company to pull off the feat — government agencies have carried out all previous successful landings. Intuitive Machines, a Houston, Texas-based company founded in 2013, went public a year ago. After landing, Intuitive Machines aims to operate Odysseus on the surface for up to seven days. NASA leadership emphasized before the launch that "IM-1 is an Intuitive Machines' mission, it's not a NASA mission."

Persons: Odysseus, Aubrey Gemignani, it's, Astrobotic Organizations: Wall, SpaceX, NASA, Payload, Marshall Space, Center, U.S Locations: U.S, Houston , Texas, Pittsburgh, Japan, Russia, China, India

☆ Investing in Space: The role of Starlink in limiting space debris
▼ + stars: | 2024-02-15 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. But – in the latest edition of "SpaceX is the industry exception, not the rule" – the company's recent announcement that it will de-orbit 100 Starlink satellites is a different story. For one, that number represents about 2% of the Starlink satellites launched to date. And, at SpaceX's current rates, they're able to produce and launch replacement satellites in about two weeks time. More importantly, in the ongoing conversation about space debris: SpaceX has a distinct incentive to make sure any faulty Starlink satellites don't end up in the future path of its own rockets and spacecraft.

Persons: CNBC's Michael Sheetz, Brian Weeden Organizations: SpaceX, Secure, Foundation

☆ Moon company Intuitive Machines begins first mission after SpaceX launch
▼ + stars: | 2024-02-15 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

Intuitive Machines' Nova-C lander launched from Florida on SpaceX's Falcon 9 rocket, beginning the IM-1 mission. Intuitive Machines' Nova-C lander "Odysseus" deploys from the upper stage of SpaceX's Falcon 9 rocket to begin the IM-1 mission. NASA leadership emphasized before the launch that "IM-1 is an Intuitive Machines' mission, it's not a NASA mission." After landing, Intuitive Machines aims to operate Odysseus on the surface for up to seven days. Last month, U.S. company Astrobotic got its first moon mission off the ground but encountered problems shortly after launch.

Persons: Paul Hennessy, Trent Martin, Odysseus, it's, Joel Kearns, Kearns, Russia —, ispace, Astrobotic, didn't Organizations: SpaceX, Kennedy Space Center, Anadolu, Getty Images, Machines, SpaceX's, NASA, Payload, Artemis, Nasdaq, Marshall Space, Center, Soviet Union —, U.S Locations: Cape Canaveral , Florida, Getty Images Texas, U.S, Florida, United States, Wednesday's, Japan, Russia, Soviet Union, China, India

☆ Investing in Space: How bankers read a potential sale of rocket builder ULA
▼ + stars: | 2024-02-08 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. It's been widely reported over the last year that ULA parent companies Boeing and Lockheed Martin are considering offloading the rocket business. That's despite the successful debut of ULA's Vulcan rocket in early January, which I assumed would galvanize a sale. In the meantime, I've been curious to understand how ULA's sale is likely to play out. Boeing and Lockheed Martin are, and have been, looking to sell the rocket business for some time.

Persons: CNBC's Michael Sheetz, It's, Lockheed Martin, ULA, Tory Bruno, Jeff Bezos, hasn't, I've, it's Organizations: Boeing, Lockheed, Origin, Textron, SpaceX, U.S ., Glenn, Vulcan Locations: ULA

☆ Investing in Space: NASA panel warns astronaut moon plan may be too ambitious
▼ + stars: | 2024-02-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

The Moon's surface seen from the Orion spacecraft on flight day 20 of the Artemis I mission. CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. NASA's Artemis moon mission program regularly faces a wide swath of questions – from legislators, auditors, companies and even just the American public – about goals, timeline, cost and more. Call it an Artemis mission! If Orion flying uncrewed around the moon is an Artemis mission, then the first uncrewed HLS landing should be too, because it's arguably just as important to the goal of landing humans back on the moon.

Persons: Artemis, CNBC's Michael Sheetz, it's Organizations: Orion, Aerospace, NASA, Artemis Locations: –

☆ A handful of space companies are running out of cash and time. Here are three at risk
▼ + stars: | 2024-01-27 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

A flurry of about a dozen space companies went public over the last few years. SidusSidus Space is a little-known space company that went the traditional IPO route in late 2021 and began trading on the Nasdaq at a near $200 million valuation. But it had less than $2 million in cash at the end of September, trading at a near $9 million valuation according to FactSet. Elsewhere in spaceA fourth space company in a potentially precarious spot is satellite imagery company Satellogic . Overall, investment in the space sector bounced back in 2023, with companies bringing in $12.5 billion in investment last year.

Persons: Here's, Momentus, there's, Sidus, Satellogic, hasn't Organizations: Astra, Astra Astra, Nasdaq, CNBC, Terran

☆ Investing in Space: Sector led Lockheed and Northrop growth last year
▼ + stars: | 2024-01-25 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. But, when Lockheed Martin and Northrop Grumman both reported 2023 results this week, it was a different story. For both companies, space was the top segment for sales growth in 2023 — by a wide margin. You'd think with such strong results, space would be a highlight of quarterly earnings calls. But for both Lockheed and Northrop, executives and analysts still only mentioned space in passing.

Persons: CNBC's Michael Sheetz, Lockheed Martin, Northrop Grumman, Northrop, Morgan Brennan, Jay Malave, It's, it's, We've Organizations: Lockheed, Northrop, Vulcan, Boeing Locations: ULA

Search resuls for: "CNBC's Investing"

25 mentions found