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☆ Stocks making the biggest moves in the premarket: General Mills, Steelcase, Lucid and more
▼ + stars: | 2022-12-20 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Lucid (LCID) – Lucid rallied 5.% in premarket trading after the electric vehicle maker raised more than $1.5 billion in a series of stock sales. Rocket Lab (RKLB) – Rocket Lab fell 1.3% in premarket action after announcing a delay in its first rocket launch from the United States. Rocket Lab cited both poor weather conditions as well as regulatory delays stemming from the processing of documentation by NASA and the Federal Aviation Administration. As a result, Rocket Lab cut its revenue forecast for the fourth quarter. BMO expects positive announcements from Beam's partner Verve Therapeutics (VERV) to help drive the stock higher.

☆ Rocket Lab delays first U.S. launch, cuts revenue forecast
▼ + stars: | 2022-12-19 | by ( ) www.reuters.com time to read: +1 min

Dec 19 (Reuters) - Rocket Lab USA Inc (RKLB.O) cut its revenue forecast for the fourth quarter on Monday after it delayed the first launch of its Electron rocket from U.S. soil to January, sending its shares down about 5% in extended trading. The rocket maker said that due to the delay, revenue for the mission will be recognized in the first quarter. The delay in documentation left two days in a 14-day launch window which were unsuitable for "Virginia Is For Launch Lovers" mission due to bad weather, the company added. Rocket Lab, which has been launching rockets from New Zealand, cut its fourth-quarter revenue forecast to between $46 million and $47 million from $51 million to $54 million. Reporting by Akash Sriram in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

☆ Here are Friday's biggest analyst calls: Apple, Amazon, Tesla, DoorDash, Disney, Zillow & more
▼ + stars: | 2022-12-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Piper Sandler reiterates Amazon as outperform Piper said it's "more positive on the out-year opportunity" after attending the most recent Amazon Web Services conference in Las Vegas. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by shares of Apple and that it sees no evidence of demand destruction. Morgan Stanley reiterates Hostess as overweight Morgan Stanley said after a meeting with Hostess management that it sees multiple growth drivers for the maker of Twinkies. Morgan Stanley reiterates Rocket Lab as overweight Morgan Stanley said investors should buy the dip in shares of the space satellite company. Morgan Stanley reiterates FedEx as equal weight Morgan Stanley said it's staying cautious and has low visibility heading into FedEx earnings later this month.

☆ India's first private rocket company looks to slash satellite costs
▼ + stars: | 2022-11-26 | by ( Nivedita Bhattacharjee | ) www.reuters.com time to read: +4 min

[1/2] Employees pose in front of Vikram-S rocket, India?s first private rocket developed by Skyroot, an Indian Space-Tech startup, at a spaceport in Sriharikota, India, November 18, 2022. The Hyderabad-based company, backed by Singapore's sovereign wealth fund, GIC, says the $68 million it has raised will fund its next two launches. Skyroot faces both established and up-and-coming rocket launch rivals that also promise to bring down costs. India opened the door to private space companies in 2020 with a regulatory overhaul and a new agency to boost private-sector launches. The Skyroot rocket that reached 89.5 kilometers altitude in last week's test launch used carbon-fibre components and 3D-printed parts, including the thrusters.

☆ Rocket Lab reports record quarterly revenue, with added contract wins
▼ + stars: | 2022-11-09 | by ( Michael Sheetz | ) www.cnbc.com time to read: +3 min

An Electron rocket launches from the company's New Zealand facility on Nov. 4, 2022. Rocket Lab delivered quarterly results on Wednesday that boasted record revenue, with the space company tacking on additional contract wins across its business. Rocket Lab stock is down 61% this year as of Wednesday's close of $4.74 a share. Additionally, Rocket Lab signed a research agreement with the Pentagon's United States Transport Command to "explore cargo transport use" with its rockets. Rocket Lab has begun production of the hardware for its forthcoming, larger Neutron rocket.

☆ Bank of America names 2 space stocks to buy on the dip — sees one tripling in value
▼ + stars: | 2022-11-07 | by ( Michael Sheetz | ) www.cnbc.com time to read: +2 min

Bank of America named two space pure-plays as top picks in the evolving sector, seeing opportunities for investors in Rocket Lab and Terran Orbital . The firm sees Rocket Lab as having the "best overall portfolio" among space pure-plays, having executed successfully on its expansion-by-acquisition strategy. Bank of America has a $12 price target on Rocket Lab's stock, which is 132% above the current share price. Rocket Lab stock is down 58% so far this year. Bank of America has a $700 price target on Northrop Grumman's stock, or 34% above the current share price.

☆ Rocket Lab's attempt to catch rocket booster falls short
▼ + stars: | 2022-11-04 | by ( Jackie Wattles | ) edition.cnn.com time to read: +4 min

CNN —Rocket Lab, a start-up building small orbital rockets, kicked off another successful mission on Friday — but it failed in its efforts to recapture its rocket booster as it tumbled down toward Earth. Rocket Lab positioned a modified Sikorsky S-92 helicopter to intercept it mid-descent, aiming to snag the booster by its strings. Rocket Lab CEO Peter Beck has noted that it’s preferable to catch the rocket midair to keep it dry. A lot remains unclear about how Rocket Lab will ultimately reuse its rockets. Beck cited the company as a model for how Rocket Lab would proceed.

☆ Rocket Lab launches mission, but calls off attempt to catch Electron booster with a helicopter
▼ + stars: | 2022-11-04 | by ( Michael Sheetz | ) www.cnbc.com time to read: +1 min

Space company Rocket Lab called off its latest attempt at catching one of its Electron boosters with a helicopter, as the venture pursues reusability of its rockets. The company launched the "Catch Me If You Can" mission from its private facility in New Zealand on Friday. The primary goal of Rocket Lab's mission, its ninth Electron launch this year, is delivering a research satellite to orbit for the Swedish National Space Agency. Rocket Lab said on its webcast that the helicopter's pilots called off the catch. We'll bring you updates on that ocean operation in the hours to come," Rocket Lab spokesperson Murille Baker said.

☆ Midterms could be a positive catalyst for stocks as investors await next big inflation report
▼ + stars: | 2022-11-04 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

There are two big hurdles for markets in the week ahead - another potentially hot consumer inflation report and the Congressional midterm elections. "100% of the time, the S & P 500 has been up 12 months after the midterm election." Midterm rallies Stocks tend to gain in the final months of midterm election years, and strategists have been expecting the market to move higher. CFRA Chief Market Strategist Sam Stovall said even when interest rates are climbing, the midterm election has been a catalyst for stocks. He examined market performance in other midterm election years when interest rates were going up.

The space company was valued at more than $1 billion when private equity firm AE Industrial Partners became its controlling shareholder in March. A FireFly spokesperson declined to comment when asked about the fundraising, as did a spokesperson for AE Industrial Partners. It is among a handful of U.S. space companies vying to launch small satellites into space. SpaceX's bigger Falcon 9 rocket costs $62 million and Rocket Lab's smaller Electron rocket costs $7 million. Venture capital investments in space companies fell 44% from a year earlier, according to a quarterly report from VC firm Space Capital.

☆ Investing in Space: Rockets are only the beginning
▼ + stars: | 2022-10-27 | 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. But the CEOs of these companies will tell you that tapping into the global launch market isn't enough. "The big space companies of the future are not just a launch company on its own or a spacecraft manufacturer on its own. Breaking into the launch market may seem hard (and expensive) enough on its own. Virgin Orbit is similarly developing a satellite business, which CEO Dan Hart told CNBC he hopes can "unlock" space-based services.

☆ Rocket startup Relativity eyes new products with enlarged 3D printer
▼ + stars: | 2022-10-24 | by ( Joey Roulette | ) www.reuters.com time to read: +2 min

The Los Angeles-based startup is targeting year's end for the debut launch of its mostly 3D-printed flagship rocket Terran 1, Tim Ellis told Reuters. Relativity's upgraded 3D printer, the latest in a lineup named Stargate, will primarily be used to build its bigger, next-generation Terran R rocket, he said. Register now for FREE unlimited access to Reuters.com Register"This large-format metal 3D printing ... really means that we're just starting with rockets," Ellis said. The company is working with a nuclear fusion company to use the new 3D printer to print parts of a fusion reactor, Ellis said. Relativity has $1.2 billion worth of Terran R launch contracts so far, he said.

☆ Space tech startups fall out of VC orbit
▼ + stars: | 2022-10-18 | by ( Akash Sriram | ) www.reuters.com time to read: +2 min

Oct 18 (Reuters) - Space technology startups are being forced to limit their sky-high ambitions, as their venture-capital backers turn to safer bets due to the current economic turmoil, VC firm Space Capital said. Investments in space technology companies, which collect, process and analyze space-related data, have fallen 80% in the third quarter to about $1 billion from nearly $5 billion in the year-earlier period, Space Capital said in a report. VC investment volume in space companies fell 44%, compared with a broader market decline of 31%, it added. VC firms "are looking to reduce their exposure to capital intensive companies with low or long-term profitability models," Space Capital's managing partner, Chad Anderson, told Reuters. Many investors who explored aerospace last year have backed away, said William Kowalski, co-founder of Atomos Space, which makes spacecraft that help satellites maneuver in space.

☆ Here are Thursday's biggest analyst calls of the day: Apple, Meta, Biogen, Amazon, Netflix & more
▼ + stars: | 2022-10-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

UBS reiterates Apple as buy UBS said Apple's iPhone Pro and Pro Max demand remains "solid." Bank of America names Northrop Grumman and Rocket Lab top picks Bank of America said it likes Northrop's defensiveness. Bank of America reiterates Microsoft as buy Bank of America said it still sees a solid risk/reward outlook for Microsoft. Cowen reiterates Amazon as outperform Cowen said that its recent survey shows Amazon is still the preferred place for shopping. Stifel upgrades Biogen to buy from hold Stifel said in its upgrade of Biogen that concerns about the company's Alzheimer's drug, lecanemab, are overdone.

☆ Avoid this space stock poised to fall nearly 30% from here, Credit Suisse says
▼ + stars: | 2022-10-12 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Shares of Rocket Lab aren't quite ready for takeoff just yet, according to Credit Suisse. Analyst Scott Deuschle initiated coverage of the space stock with an underperform rating. Along with Rocket Lab, Deuschle initiated shares of Virgin Orbit with an underperform rating, noting both companies could suffer from challenging gross margins. This drawback may prove particularly detrimental to Rocket Lab and drive a downdraft in capital spending among earth intelligence firms, he said. Shares of Rocket Lab have slumped about 66% this year.

☆ Stocks making the biggest moves midday: Moderna, Pepsi, Lyft and more
▼ + stars: | 2022-10-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Check out the companies making the biggest moves midday Wednesday:Moderna — Shares of Moderna surged 10% after the drug maker announced it will partner with Merck to jointly develop and sell a cancer vaccine. It reported preliminary month-end assets under management of $1.23 trillion as of Sept. 30. Pepsi also raised its guidance for the year as it was able to successfully raise prices on its products. Lyft — Lyft shares gained 5.8% following an upgrade from Gordon Haskett to buy from hold.

☆ Here are Wednesday's biggest analyst calls of the day: AMC, Apple, Boeing, Amazon, Lyft, BJ's & more
▼ + stars: | 2022-10-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

UBS upgrades Norwegian to buy from hold UBS said it sees improved bookings for the cruise operator. Citi reiterates Apple as buy Citi said investor concerns about the company's upcoming earnings report later this month are overblown. " Credit Suisse initiates Boeing as underperform Credit Suisse said it's concerned Boeing has lost access to the China market. Bank of America reiterates Amazon as buy Bank of America said it still sees significant room for margin expansion for Amazon. Bank of America reiterates PayPal as buy Bank of America said PayPal is still a top pick and investors should buy the dip.

☆ Cathie Wood's Ark is buying stock in space SPAC Rocket Lab
▼ + stars: | 2022-09-28 | by ( Michael Sheetz | ) www.cnbc.com time to read: +1 min

Cathie Wood's Ark Invest is dipping back into a space SPAC, with two of the firm's funds buying up stock in Rocket Lab the past two days. Ark's exchange-traded funds ARKQ and ARKX – which focus on autonomous technology and space exploration, respectively – bought about 729,000 shares of Rocket Lab in trades on Monday and Tuesday, the firm disclosed. While Ark's Rocket Lab position is relatively small, worth about $3 million total, the purchases mark the first recent space SPAC stock the firm has owned since selling its position in Virgin Galactic in May 2021. The purchases by Wood's firm also follow Rocket Lab hosting an investor day in New York, where it gave updates on the progress of its Electron and Neutron rockets, as well as its space systems businessRocket Lab stock was up 3% in trading on Wednesday from its previous close of $4.19 a share. Like many of its space SPAC peers, Rocket Lab shares have been hit hard of late, falling about 72% over the past 12 months.

☆ Aerospace talent is a massive problem unless we do something, says Rocket Labs CEO
▼ + stars: | 2022-09-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAerospace talent is a massive problem unless we do something, says Rocket Labs CEOPeter Beck, Rocket Labs CEO, joins 'Squawk on the Street' to discuss the conversation around space-based internet service, whether space systems are more profitable than rockets, and more.

☆ В этом году в космос будет запущен первый деревянный спутник
▼ + stars: | 2021-05-09 | by ( Mld Media Srl | ) noi.md time to read: +1 min

Одно из подразделений финского предприятия по деревопереработке UPM совместно с аэрокосмическими компаниями в Международный день полета человека в космос объявило о готовности к выводу первого в истории деревянного спутника на орбиту Земли, сообщает компания UPM. "Наноспутник WISA Woodsat, разработанный и построенный компанией Arctic Astronautics, отправится до конца 2021 года туда, где раньше никогда не было древесины. Спутник будет выведен на полярную орбиту с помощью ракеты-носителя "Электрон" компании Rocket Lab. Спутник будет вращаться вокруг Земли на высоте 500-550 километров, совершая полный оборот примерно за 1,5 часа. UPM - глобальная финская компания по деревопереработке, развивает шесть направлений: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers и UPM Plywood.

Persons: UPM Organizations: Arctic Astronautics, UPM Energy, NASDAQ Helsinki Ltd Locations: Arctic, Земля, Махия, Новая Зеландия, Россия

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