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☆ Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services
▼ + stars: | 2024-11-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services, the companies disclosed in a securities filing on Friday. The tech giant's deal with Globalstar includes $1.1 billion in cash, of which $232 million will go toward the satellite company's current debt, and a 20% equity stake. The deal is expected to close on Tuesday. Apple has already been spending hundreds of millions for Globlastar services, which enabled the 2022 rollout of iPhone emergency satellite texting. Globalstar stock jumped as much as 36% in Friday trading from its previous close at $1.05 a share.

Persons: Apple Organizations: Globalstar, SpaceX, AST

☆ AstroForge: How this startup plans to make asteroid mining a reality.
▼ + stars: | 2024-04-23 | by ( Amy Gunia | ) edition.cnn.com time to read: +11 min

Now the California-based startup is attempting to make asteroid mining a reality. That makes AstroForge the only company with a refinery that can turn M-type asteroids into PGMs in space, he adds. Some in the scientific community are skeptical that the private sector will be able to afford asteroid mining. Its all-or-nothing, lower-cost approach may help push asteroid mining closer to reality. “I hope if nothing else,” Gialich says, “we’re known as a space company that went for it.”

Persons: Matt Gialich, Gialich, Jose Acain, “, ”, we’re, “ We’re, AstroForge, Edward Carreon, “ that’s, –, Dan Britt, REx, James Cameron, Larry Page, Britt, “ I’m, ” Gialich, NASA's, Aubrey Gemignani, ” Britt, AstroForge’s Organizations: CNN, Virgin, SpaceX, NASA, Companies, Apple, Center, University of Central, JAXA, United, United Arab Emirates ’ Space Agency, UAE Space Agency, AP NASA, Planetary Resources, Titanic, Google, NASA's Kennedy Space Center, Getty Locations: California, University of Central Florida, China, United Arab, United Arab Emirates, Utah, Los Angeles, Florida

☆ The creation of a new high-entropy alloy is opening up possibilities in manufacturing, from 3D printing to paste-like inks
▼ + stars: | 2023-12-18 | by ( Sponsor Post | Created Tanaka With | ) www.businessinsider.com time to read: +4 min

Using micro-order uniform powder alloys with unprecedented chemical properties opens up new possibilities for manufacturing that have never been seen before, such as in 3D printing and the use of paste-like inks. A high-entropy alloy powder of precious metals can potentially be used as a raw material for automotive exhaust gas sensors, resistors, and water electrolysis catalysts. Creating new value through exhaustive studyTANAKA began working on high-entropy alloy powders in response to the world's rapid development. TANAKAHosoi noticed that high-entropy alloys have recently been attracting international attention, largely due to their potential for unprecedented properties. Click here for more information on high-entropy alloy powders.

Persons: Tanaka Kikinzoku Kogyo, TANAKA, Takuya Hosoi, Yoshie Kondo, Hosoi, TANAKA Hosoi, Hosai Organizations: Tanaka Kikinzoku Kogyo KK, Metals, Insider Locations: Japan

☆ Low Platinum Prices Show How Banking on Miners Could Threaten the Energy Transition
▼ + stars: | 2023-11-15 | by ( Yusuf Khan | ) www.wsj.com time to read: +5 min

Platinum is used to make the electrolyzers that produce hydrogen and the sharp down cycle in South Africa’s platinum mining sector demonstrates the risk that low prices and lack of investment could slow the energy transition. Prices for other commodities have also fallen, while miners have been complaining of rising costs and seem to be limiting their capital expenditures. Photo: michele spatari/Agence France-Presse/Getty ImagesFor the mining sector, cyclical returns are nothing new. Ray said many South African PGM miners are now selling their output at close to the cost of production, eating away at profitability. “To the extent that PGM prices stay at current levels, I would not be surprised to see more supply-side reaction,” Ray said.

Persons: Waldo Swiegers, ”, Tom Price, michele spatari, We’ve, ” Emma Townshend, ” Townshend, Raj Ray, Ray, ” Ray, ” Implats’s Townshend, Implats, Yusuf Khan Organizations: Bloomberg, Liberum, Agence France, PGM, Times, Business, BMO Capital Markets, Metals Locations: Sibanye, Africa, Johannesburg, Stillwater, South, South Africa, Marikana, U.S, China, Europe, Implats

☆ Apple iPhone 14 gets another free year of satellite Emergency SOS
▼ + stars: | 2023-11-15 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Apple on Wednesday announced it is granting iPhone 14 users an additional free year of its safety service Emergency SOS via satellite. Emergency SOS via satellite allows users to text emergency services even if they are outside of an area with Wi-Fi or cell coverage. The free trial of Emergency SOS via satellite applies to iPhone 14 users who activated their device in an eligible country or region before Nov. 15, Apple said. The service is also available to users who purchased one of Apple's iPhone 15 devices, which was announced in September. The feature is free to iPhone 15 users for two years.

Persons: Apple, hasn't Organizations: Apple, Wednesday, Qualcomm, Iridium, AAA

☆ Iridium, Qualcomm end satellite-to-phone partnership
▼ + stars: | 2023-11-09 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

U.S. semiconductor giant Qualcomm ended its partnership with satellite communications company Iridium to provide satellite-to-phone services, Iridium announced on Thursday. A number of smartphone makers, service providers and satellite companies have partnered on projects including Apple , Iridium, SpaceX, AT&T , T-Mobile , AST SpaceMobile and more. Qualcomm said in a statement smartphone makers have "indicated a preference towards standards-based solutions" for satellite-to-phone connectivity. Iridium noted in its release that the end of its agreement with Qualcomm allows it to re-engage with others who are working on satellite-to-cell projects. Iridium said the end of the agreements does not affect its full-year 2023 financial guidance.

Persons: Matt Desch Organizations: Qualcomm, Mobile, Congress, Iridium, Apple, SpaceX Locations: Shanghai . U.S

☆ Lightning Round: Never buy a drug stock just for the yield, says Jim Cramer
▼ + stars: | 2023-10-23 | by ( Jim Cramer | ) 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 EmailLightning Round: Never buy a drug stock just for the yield, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: Fisker, AutoNation, Petroleo, Nu Holdings, Iridium and more.

Persons: Jim Cramer Organizations: Nu Holdings, Iridium

☆ Cramer's Lightning Round: Sell Fisker
▼ + stars: | 2023-10-23 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Fisker's year-to-date stock performance. Stock Chart Icon Stock chart icon AutoNation's year-to-date stock performance. Stock Chart Icon Stock chart icon Nu's year-to-date stock performance. Stock Chart Icon Stock chart icon Iridium's year-to-date stock performance. Stock Chart Icon Stock chart icon Bristol-Myers' year-to-date stock performance.

Persons: I'm, Petroleo, it's, We're, Myers Organizations: Petroleo, Bristol, Myers, pharma Locations: America

CAPE CANAVERAL, Fla. (AP) — NASA’s Psyche spacecraft rocketed away Friday on a six-year journey to a rare metal-covered asteroid. SpaceX launched the spacecraft into an overcast midmorning sky from NASA’s Kennedy Space Center. Scientists envision spiky metal craters, huge metal cliffs and metal-encrusted eroded lava flows greenish-yellow from sulfur — “almost certain to be completely wrong,” according to Elkins-Tanton. Led by Arizona State University on NASA’s behalf, the $1.2 billion mission will use a roundabout route to get to the asteroid. So instead of arriving at the asteroid in 2026 as originally planned, the spacecraft won’t get there until 2029.

Persons: —, NASA’s, “, ”, Laurie Leshin, Jim Bell, Jules Verne, Lindy Elkins, it’s, speck, It's Organizations: SpaceX, NASA’s Kennedy Space Center, Jet Propulsion, NASA, Arizona State University, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, Arizona, Tanton, Elkins, Utah

☆ SpaceX fires back at FAA report suggesting its Starlink internet constellation could be deadly
▼ + stars: | 2023-10-10 | by ( Jackie Wattles | ) edition.cnn.com time to read: +5 min

CNN —SpaceX is asking federal regulators to correct a report that suggests the company’s Starlink satellite constellation could pose grave risks to people on Earth. The report was delivered to members of Congress by the Federal Aviation Administration, which licenses the launch and reentry of commercial spacecraft, on October 5. The letter also states that 325 Starlink satellites have already deorbited since February 2020, and no debris has been found. For purposes of this report, the FAA uses the more conservative approach,” according to the document. Starlink is mentioned 28 times in the FAA report, while Amazon’s Project Kuiper system is mentioned four times in data tables.

Persons: SpaceX, Starlink, ” Organizations: CNN, SpaceX, Federal Aviation Administration, Aerospace Corporation, FAA, Federal Communications Commission, Aerospace Corporation “, NASA Locations: China, rulemaking, United States

☆ Cramer's Lightning Round: Tilray is 'too dangerous'
▼ + stars: | 2023-09-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Dollar General's year-to-date stock performance. Stock Chart Icon Stock chart icon Tilray's year-to-date stock performance. Stock Chart Icon Stock chart icon Fastly's year-to-date stock performance. Stock Chart Icon Stock chart icon Iridium's year-to-date stock performance. Stock Chart Icon Stock chart icon Pfizer's year-to-date stock performance.

Persons: Jim Cramer's, I'm, It's Organizations: Pfizer

☆ Stocks making the biggest moves midday: Marathon Petroleum, Tesla, Moderna and more
▼ + stars: | 2023-09-18 | by ( Hakyung Kim | ) www.cnbc.com time to read: +5 min

Moderna — The pharmaceutical company lost more than 8% Monday, making it the biggest decliner in the S&P 500. Enphase Energy — Shares lost 2.6% after Citi lowered its price target on shares to $170 from $209 while keeping its buy rating. The new price target implies 41% upside from Friday's close. Analyst Chris Quintero highlighted the growth opportunity for the company following a strong investment cycle. The investment bank bumped up the stock's price target to $40 from $37, citing Simply Good Foods' diverse product offering and shifting consumer preferences to healthier choices as catalysts.

Persons: Bernstein, Needham, Noubar Afeyan, Moderna's, Goldman Sachs, Mark Delaney, PayP, Ralph Lauren —, Ralph Lauren's, TD Cowen, Cowen, Tenable, Morgan Stanley, Chris Quintero, Raymond James, ASGN, Wells Fargo, —, Alex Harring, Brian Evans, Samantha Subin, Yun Li, Lisa Kailai Han, Pia Singh, Michelle Fox Organizations: — Petroleum refiners Valero Energy, Marathon Petroleum, West Texas Intermediate, Brent, Energy, Arm, Nasdaq, Securities and Exchange Commission, Pharmaceutical, Pfizer, U.S, Tesla, PayPal, MoffetNathanson, Guggenheim, Enphase Energy, Citi, Tenable Holdings, Mizuho, Aldi, Lowe's, Micron Technology, Deutsche Bank, Paramount, Disney, Warner Bros Discovery, Iridium Communications, Iridium Locations: Valero Houston, Houston , Texas, U.S

☆ Here are Monday's biggest analyst calls: Arm, Carvana, Disney, Apple, Tesla, Skechers, Netflix & more
▼ + stars: | 2023-09-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Piper Sandler upgrades Skechers to overweight from neutral Piper said in its upgrade of the stock that it likes its balance sheet. Goldman Sachs reiterates Tesla as neutral Goldman cut its estimates on the stock and says it sees pricing heading lower. Mizuho upgrades DoorDash to buy from neutral Mizuho said in its upgrade of DoorDash that it's deserving of a re-rating. Wedbush upgrades Carvana to neutral from underperform Wedbush said in its upgrade of the stock that it sees profitability upside. Raymond James initiates Disney as outperform Raymond James said in its initiation of Disney that the stock is compelling.

Persons: TD Cowen, TENB, Piper Sandler, Piper, Goldman Sachs, Tesla, Goldman, Wells, Wedbush, Evercore, Raymond James, Ralph Lauren, Guggenheim, Morgan Stanley, Atkins, Bernstein, ASGN, underperform Bernstein, it's, YoY Organizations: Tenable Holdings, TAM, Tesla, Apple, Netflix, Northland, Mizuho, HSBC, Deutsche Bank, Micron, Deutsche, Barclays, Alliant Energy, EV, UBS, BioMarin Pharmaceutical, Iridium, NASDAQ, Disney, Bank of America, of America, Nvidia, Nike, NKE's 1Q, PayPal, Moffett Locations: Europe, Wisconsin, Iowa, US, Swedish, 2Q23

☆ Lightning Round: Fintech is going out of fashion, says Jim Cramer
▼ + stars: | 2023-09-18 | by ( Jim Cramer | ) 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 EmailLightning Round: Fintech is going out of fashion, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: Dollar General, Paycom, Tilray, Fastly, SGHC, Iridium, Pfizer and Atkore.

Persons: Jim Cramer, Paycom Organizations: Iridium, Pfizer, Atkore

☆ Apple partner Globalstar taps former Qualcomm exec Jacobs as CEO
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

Aug 29 (Reuters) - Globalstar (GSAT.A) on Tuesday named former Qualcomm (QCOM.O) top boss Paul Jacobs as its CEO, sparking a near 20% surge in the shares of the satellite firm behind Apple's emergency communication services. Jacobs, 60, is also a board member of IPO-bound chip firm Arm and will replace David Kagan, who is retiring after about 5 years as CEO. It will pay XCOM licensing fees including the issuance of about 60 million common stock shares valued at around $64 million. "Some of XCOM's leaders contributed to the original Globalstar system while at Qualcomm." Iridium Comunications (IRDM.O) partnered with Qualcomm earlier in May to develop emergency SOS messaging for Android users, going head-to-head with Apple.

Persons: Paul Jacobs, Jacobs, David Kagan, Globalstar, Jay Monroe, Arsheeya, Devika Organizations: Qualcomm, XCOM Labs, Apple, Iridium, Thomson Locations: Bengaluru

☆ Investing in Space: A guide to satellites
▼ + stars: | 2023-08-17 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +6 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Last year I wrote about the key terms investors should know about the steps involved in a rocket launch, to give a guide for what phrases mean in context. A number of you found that launch guide helpful, so I'm back with another synthesized glossary – but this time for satellites! We've seen a couple of satellites going awry this summer, and I've gotten questions like: "Dang, I thought the launch was successful?" Processing: Mounting the satellite to the rocket and making sure the satellite is healthy, fueled up and ready for launch.

Persons: CNBC's Michael Sheetz, I've, it's Organizations: Manufacturers, Iridium Locations: Intelsat's, Americas

☆ Barclays says to buy this satellite stock, seeing 29% upside ahead
▼ + stars: | 2023-07-27 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Barclays upgraded satellite communications company Iridium to overweight Thursday, saying there's 29% upside for the stock after its "solid" second quarter and attractive outlook. This is in line with the scenario we had in mind, and so we now consider the risk/reward attractive," Barclays analyst Mathieu Robilliard wrote in a note to clients. Barclays has a $65 price target on Iridium's stock, or 29% above Thursday's close of $50.58 a share. Iridium's stock is flat year to date. "We believe this will represent a strong source of revenues for Iridium, but will be gradual (c. $90m by 2027)," Robilliard wrote.

Persons: Mathieu Robilliard, Robilliard, — CNBC's Michael Bloom Organizations: Barclays, Iridium

☆ Investing in Space: What to watch for in Q2 earnings reports
▼ + stars: | 2023-07-27 | 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. As Wall Street works its way through second-quarter earnings reports, investors are getting a closer look at first-half performance from the space sector — and setting expectations for the second half of the year. Wall Street continues to be jazzed about the opportunity in the direct-to-device satellite market, but Iridium cautioned that it will take time for the nascent vertical to mature. Most of the other space stocks will report results over the first two weeks of August (aside from Planet , which follows a fiscal year calendar, and Mynaric , Satellogic , Intuitive Machines and Sidus Space ). As a guide for the upcoming Q2 space results, I'm roughly separating companies into two groups: No surprises wanted, and good surprises needed.

Persons: CNBC's Michael Sheetz, Lockheed Martin, Northrop Grumman Organizations: Boeing, Northrop, Iridium, Barclays, Fed

☆ Here are Thursday's biggest analyst calls: Apple, Rivian, Roku, Meta, Coinbase, Carvana, Boeing and more
▼ + stars: | 2023-07-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Bank of America reiterates Roku as buy Bank of America said it's bullish heading into Roku earnings Thursday. Bank of America reiterates Mattel as buy Bank of America said it's standing by shares of Mattel after its earnings report, adding that "Barbie" should help drive toy sales. Bank of America upgrades Boeing to buy from neutral Bank of America said the worst for Boeing is behind it. Bank of America downgrades RTX to neutral from buy Bank of America downgraded the company formerly known as Raytheon and said it's concerned about slowing margins. Bank of America downgrades SunPower to underperform from neutral The firm said in its downgrade of the stock that it sees multiple headwinds.

Persons: Roku, it's, Needham, Rivian, Bernstein, KeyBanc, Morgan Stanley downgrades Carvana, Morgan Stanley, Jefferies, Estée Lauder, billings, Wells, Wells Fargo Organizations: . Bank of America, Bank of America, Apple, RBC, Owens, Mattel, Boeing, of America, downgrades, Pacific, Barclays, Raytheon, Labs Locations: China, Pacific

☆ Ron Baron has a rare long-term record of beating the market. Here's how he did it
▼ + stars: | 2023-07-26 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Billionaire investor Ron Baron is one rare active manager that has been outperforming the market since the 1980s, thanks to his eye for long-term growth. The 80-year-old investor founded Baron Capital in 1982, and 16 of his 19 mutual funds representing 98.8% of the firm's asset under management have beaten their benchmark since their inception dates. Similarly, Baron Capital considers stocks as representing part ownership of publicly traded businesses. The Baron Capital chairman and CEO has been known as a longtime bull in Tesla , a stock with a 46% weighting in the Partners fund. Baron Capital managed about $40 billion at the end of 2022.

Persons: Ron Baron, Morningstar, Baron, Warren Buffett's, Tesla, Charles Schwab Organizations: Baron Capital, Baron Partners Fund, Partners, SpaceX, Iridium Communications, Arch Capital Group, FactSet Research, Hyatt Hotels Locations: Tesla

☆ Oppenheimer never won a Nobel Prize, but these 31 scientists with ties to the Manhattan Project did
▼ + stars: | 2023-07-24 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +26 min

Manhattan Project: After a harrowing escape from Nazi-occupied Denmark in 1943, Bohr began consulting on the Manhattan Project. Manhattan Project: Between 1943 and 1944, Muller was a civilian advisor for the Manhattan Project, consulting on experiments studying the effects of radiation. Maria Goeppert Mayer, Nobel Prize in Physics, 1963Maria Goeppert Mayer worked on the Manhattan Project and later won the Nobel Prize in physics. Manhattan Project: Working as an assistant to his father, Niels Bohr, Aage Bohr proved instrumental in interpreting for some members of the Manhattan Project. Manhattan Project: At 18, Glauber was still a student at Harvard when he became one of the youngest scientists to join the Manhattan Project.

Persons: Robert Oppenheimer, Alfred Nobel, Joseph Rotblat, Albert Einstein, Christopher Nolan's, Oppenheimer, Niels Bohr, Bohr, Nicholas Baker, Nick, James Franck, Boyer, Roger Viollet, Gustav Ludwig Hertz, Niels Bohr's, Franck, Arthur Compton, Imagno, Compton, Harold Urey, Harold, Urey, James Chadwick, Chadwick, Enrico Fermi, Fermi, Ernest Lawrence, Lawrence, Isidor Isaac Rabi, Nancy R, Schiff, Rabi, Hermann Muller, Muller, Edwin McMillan, Bettmann, Glenn Seaborg, McMillan, Elsie McMillan, Seaborg, Felix Bloch, Edward Purcell, Nobel, Hans Bethe, Bloch, Purcell, Emilio Segrè, Owen Chamberlain, Chamberlain, Segrè, Willard Libby, Leona Libby, Lowell, Libby, Linus Pauling, Leona Woods Marshall Libby, Eugene Wigner, Wigner, Leo Szilard's, Einstein, Franklin D, Roosevelt, Maria Goeppert Mayer, J, Hans Jensen, Goeppert Mayer, Teller, Richard Feynman, Tomonaga, Julian Schwinger, Fenynman, Hans Bethe's, Feynmwan, Feynman, Schwinger, Robert Mulliken, Mulliken, Szilard, Hans A, Bethe, Luis Alvarez, Alvarez, Enola Gay, Walter Alvarez, James Rainwater, Aage Bohr, Ben Mottelson, Rainwater, Wu, Aage Niels Bohr, Mottelson, mumbled, Val Fitch, James Cronin, Fitch, Jerome Karle, Isabelle, Larry Morris, Herbert Hauptman, Karle, Isabella Karle, Norman Ramsey, Ellie Welch, Ramsey, Norman Ramsey's Nobel, David Cheskin, Rotblat, Russell, Bertrand Russell, Enstinen, Frederick Reines, Philippe Caron, Sygma, Reines, Roy Glauber, Gail Oskin, Glauber Organizations: Manhattan Project, Service, Manhattan, US Army, AP, Getty, University of Chicago's Metallurgical Laboratory, Chicago Met, Los Angeles Examiner, USC, Columbia, Keystone, Gamma, Columbia University, University of Chicago, Trinity Test, University of California, Lawrence Berkeley National Laboratory, Lawrence Livermore National Laboratory, Hulton, Trinity, Deutsch, Los Alamos, University of Chicago's Metallurgical, Atomic Energy Commission, Harvard University, MIT Rad Lab, Denver, Chicago Met Lab, Materials Laboratory, Los, Radiation Laboratory, MIT, University of Chicago's, Princeton University, Naval Research Lab, Washington, US Naval Research Laboratory, Science, World Affairs, Einstein, Los Alamos National Laboratory, Harvard, Institute for Locations: Wall, Silicon, Polish, Denmark, Copenhagen, Nazi, London , Washington, Los Alamos, German, Germany, Japan, Manhattan, British, France, Washington, DC, Berkeley, Ridge , Tennessee, Los, New Mexico, Hanford, antiprotons, Hiroshima, Lowell Georgia, San Diego, Chicago, Washington ,

☆ What do we have to lose if Starlink satellites and others like them take over the night sky? Studying dark matter, observing distant galaxies, and finding signs of extraterrestrial intelligence.
▼ + stars: | 2023-07-18 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +8 min

Experts who spoke to Insider say radio astronomy helps us study dark matter and look for alien life. The Starlink satellites — chosen for their abundance in the sky compared to other low-orbit satellites — were observed using the Low-Frequency Array telescope in the Netherlands. Using the telescope, scientists detected frequencies from the Starlink satellites at 110 to 188 megahertz — a unit of measure used for electromagnetic waves. "We are not saying that right now that radio astronomy is doomed, and that we will not be able to do astronomy anymore. There is also the financial loss: Millions of dollars go into planning and building these massive radio telescopes over decades.

Persons: Elon, Vahe, Peroomian, Federico Di Vruno, Di Vruno, Jean, Luc Margot, we're, Margot, Musk Organizations: Elon Musk's, Service, Netherlands Institute of Radio Astronomy, Astrophysics, SpaceX, University of Southern, Federal Communications Commission, Iridium, Elon Musk Locations: Wall, Silicon, Netherlands, Europe, University of Southern California, Los Angeles

"Patience should be rewarded," Morgan Stanley said about T-Mobile shares. Analyst Simon Flannery maintained his overweight rating on shares, while increasing his price target by $1 to $178. The company offers investors low leverage, strong FCF generation, a recurring revenue model, network leadership, growing market share and reasonable valuations," Flannery wrote in a Thursday note. Flannery noted temporary headwinds from wholesale traffic off-loading by DISH and Verizon are temporary headwinds to T-Mobile shares. The company's ability to outperform the sector may become harder as it gains more market share, he added.

Persons: Morgan Stanley, Simon Flannery, Flannery, Michael Bloom Organizations: Mobile, Iridium, Verizon

☆ Economy class airplane bunk beds get seal of approval as launch moves closer
▼ + stars: | 2023-06-07 | by ( Francesca Street | ) edition.cnn.com time to read: +4 min

Now the concept’s got the industry seal of approval via a prestigious Crystal Cabin Award, presented at the 2022 Aircraft Interiors Expo (AIX) in Hamburg, Germany. “Bunk-bed solution for economy class – this is something which you regularly see as a concept,” said Kaestner. “But we rarely see this level of innovation actually becoming a real product that’s flying.”Winning designsThe Skynest concept offers a lie-flat option for economy passengers. Courtesy Air New ZealandThe Crystal Cabin Awards announced its longlist earlier this year, before whittling the categories down to a shortlist. For student nominees, the Crystal Cabin Awards are “a fantastic way to get into the industry,” added Kaestner.

Persons: Skynest, Lukas Kaestner, Skynest isn’t, “ Bunk, ”, Collins, Kaestner, it’s heartening, there’s, they’ll, Alejandro Núñez Vicente, InteliSence Organizations: Germany CNN — Air, CNN Travel, New, Delft University of Technology, Delta, Air, Zealand, Thales Avionics “, Center, Safety, Teledyne, Collins Aerospace, Digital Services, University, Technical University of Delft Locations: Hamburg, Germany, Netherlands

☆ Investing in Space: Texts from orbit
▼ + stars: | 2023-02-23 | by ( Michael Sheetz | ) 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. Recently I woke up to a text message from a satellite, sent by Lynk Global co-founder and CEO Charles Miller. "I asked them to send that text message from one of our phones," Miller said. So far, the satellite operators of Globalstar , Iridium , SpaceX and AST SpaceMobile are also chasing this untapped market. It plans on "launching many more this year" and has an eventual goal of up to 5,000 satellites in orbit.

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