Tag

Lunr

All articles tagged with #lunr

business1 month ago•2 min saved

Two Space Stocks to Watch as Space Economy Expands Before SpaceX IPO

With SpaceX’s IPO anticipated on June 12 and PwC forecasting a $2 trillion space economy by 2040, AST SpaceMobile (ASTS) and Intuitive Machines (LUNR) stand out. ASTS aims to provide direct-to-cellular broadband from large LEO satellites and has deals with AT&T, Verizon, and Vodafone, planning 45–60 satellites this year despite a setback from Blue Origin’s New Glenn. LUNR is a vertically integrated space contractor winning major government contracts (SDA and NASA CLPS), lifting Q1 revenue to $186.7 million and carrying a backlog over $1.1 billion, signaling strong near-term revenue potential.

via The Motley Fool|

#asts #business #lunr

business2 months ago•22 min saved

Rocket Lab's 30% Jump Signals Brief Edge Among Space Stocks—but Peers Lead YTD

Rocket Lab (RKLB) surged roughly 30% intraday after reporting Q1 FY2026 revenue of $200.35M (+64% YoY, beating estimates) and a backlog of $2.2B on 31 Electron/HASTE contracts and five Neutron missions, plus a Raytheon Space Based Interceptor win; Q2 revenue guidance is $225–$240M. Intuitive Machines (LUNR) rose about 21% on strong 2026 guidance and the Lanteris acquisition, while Planet Labs (PL) gained around 10% and leads YTD; by absolute intraday performance RKLB outpaced peers, though PL and LUNR remain ahead on the year. The space-equipment market remains sensitive to defense demand and upcoming catalysts like Neutron's debut, with some risk factors like insider stock sales by RKLB executives looming in assessing longer-term prospects.

via 24/7 Wall St.|

#business #intuitive-machines #lunr