Trump’s New SPACE Task Force Sets Sights On 10,000 Annual Launches By 2035, Putting RKLB, ASTS, SPCX, And PL In Play

The Trump administration has created a Transportation Department task force aimed at dramatically accelerating commercial space activity, targeting 10,000 FAA-licensed launches and reentries per year by 2035. Transportation Secretary Sean Duffy announced the Space Policy Administration, Coordination, and Execution, or SPACE, Task Force on Wednesday, with the body set to coordinate policy across the Department…

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U.S. Government Takes Equity Stakes In D-Wave (QBTS) And Rigetti (RGTI) With $200 Million In CHIPS Act Funding

Both D-Wave Quantum Inc. (NASDAQ: QBTS) and Rigetti Computing Inc. (NASDAQ: RGTI) surged in premarket trading after securing landmark federal investment agreements. D-Wave shares climbed 5.73% premarket while Rigetti jumped 6.78% following the announcement of definitive agreements with the U.S. Department of Commerce. The deals were executed under the authority of the CHIPS and Science…

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Rising Rate-Hike Odds Slam Quantum Computing Stocks, With IonQ (IONQ) Leading Sector Lower

Quantum computing stocks are taking their sharpest single-session hit in weeks midday Wednesday, driven entirely by shifting Federal Reserve rate expectations rather than any company-specific developments. IonQ (NYSE: IONQ) is leading the sector lower, falling 4% to $38.77 in early afternoon trading, erasing a meaningful portion of the sector’s recent bounce. Rigetti Computing (NASDAQ: RGTI)…

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GE Aerospace (GE) Acquires Consolidated Precision Products In $11.75 Billion Deal To Boost Casting Capacity

GE Aerospace (GE) has signed an agreement to acquire Consolidated Precision Products, known as CPP, from private investment firms Warburg Pincus and Berkshire Partners. The transaction is valued at approximately $11.75 billion in total, structured using $7 billion in cash with debt covering the remaining consideration. CPP, headquartered in Cleveland, Ohio, specializes in producing precision-engineered…

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L3Harris (LHX) Lands $4.7 Billion PAC-3 Propulsion Deal To Drive Missile Business Expansion

L3Harris Technologies (LHX) is strengthening its missile defense footprint after securing a landmark $4.7 billion contract from Lockheed Martin (LMT). Announced on September 8, 2026, the seven-year undefinitized contract award covers propulsion systems for the PAC-3 Missile Segment Enhancement interceptor, known as the MSE. The award represents L3Harris’ largest PAC-3 propulsion contract to date and…

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AST SpaceMobile (ASTS) Surges To Three-Week High As Satellite Tests Gain Defense Support And European Carriers Eye Starlink Rival

Shares of AST SpaceMobile (ASTS) climbed to a nearly three-week high on Tuesday, driven by fresh regulatory filings and growing momentum around satellite broadband competition. ASTS stock jumped 6% during Tuesday’s session and added another 0.4% in overnight trading ahead of Wednesday’s open. AST’s unit, AST & Science, filed with the Federal Communications Commission on…

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Visa (V) CEO Pushes Stablecoin Expansion, AI Productivity Gains, And Cross-Border Payment Growth

Visa (V) took the stage at the Goldman Sachs Communacopia + Technology Conference 2026 to present a company pressing forward across payments, software, identity, stablecoins, and agentic commerce. Chief Executive Ryan McInerney described strong U.S. spending trends, accelerating cross-border volumes, and rapid growth in value-added services as central pillars of the company’s current momentum. McInerney…

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