Tech & AI News

Two very different space-focused companies are competing for investor attention, with one offering explosive growth and the other delivering steady, profitable performance. AST SpaceMobile (ASTS) has seen its share price pull back significantly, prompting investors to ask whether the satellite communications company is now undervalued compared to defense giant L3Harris Technologies (LHX). AST SpaceMobile has…

Lockheed Martin (LMT) is deepening its presence in India through strategic partnerships aimed at expanding local defense manufacturing and strengthening supply-chain capabilities. The company, through the Javelin Joint Venture with RTX Corporation (RTX), recently signed a memorandum of understanding with Tata Advanced Systems Limited to explore co-production of the Javelin All Up Round in India….

SpaceX (NASDAQ: SPCX) closed at $149.74 against a Wall Street consensus price target of $222.32, leaving roughly 48% of implied upside between the current price and the average analyst call. Elon Musk’s rocket, satellite, and AI compute company priced its historic IPO earlier this year, briefly touching $225.64 before selling pressure took hold across subsequent…

Planet Labs (NYSE: PL) stock jumped 10% to $20.10 in early Friday trading after the Earth-observation company delivered a record second-quarter revenue beat. The reversal is striking because PL shares had fallen 8% to $18.35 on Thursday ahead of the earnings report, extending a pre-announcement selloff. Planet Labs stock had gained 185% over the prior…

GE Aerospace (GE) shares are trading around $329.50, roughly 14% below the $381.22 high the stock reached within the past year. Most of that decline is recent, with the stock falling 12.7% over just the past month despite the company’s strong operational outlook. The retreat is puzzling on its face, because in July GE Aerospace…

AST SpaceMobile (NASDAQ: ASTS) director Adriana Cisneros purchased 10,822 shares across three related accounts on August 31, signaling notable confidence in the embattled satellite company. The open-market purchases cost approximately $619,200 at an average price near $57.22 per share, representing a meaningful financial commitment from a board-level insider. Cisneros’s aggregate indirect ownership rose to 797,023…

While American investors pour retirement savings into freshly public SpaceX (NASDAQ: SPCX), a far quieter deal may be reshaping the global satellite industry from Tokyo. Japan’s Ministry of Internal Affairs and Communications has preliminarily selected the Rakuten and AST SpaceMobile joint venture for its J-LEO initiative, worth up to approximately $1 billion in non-dilutive, non-debt…

China has restricted 12 critical minerals from US access, striking directly at the heart of next-generation directed-energy weapons programs. Bloomberg Intelligence defense analyst Wayne Sanders explained that older laser weapons “were the size of buildings” because of the enormous power demands they required. The directed-energy trade rests on shrinking that massive footprint down to something…

Despite securing a new European defense contract and a fresh analyst Buy rating, Planet Labs PBC (NYSE: PL) stock sank sharply on Thursday while the broader market advanced. Shares of Planet Labs fell 8% to $18.48 during the session, a notable divergence from the SPDR S&P 500 ETF Trust (NYSEARCA: SPY), which rose 0.6% to…

Naval modernization spending is creating significant tailwinds for defense contractors GE Aerospace and RTX, even as their stock prices have recently retreated. The U.S. Navy has been awarding modernization contracts that directly benefit both GE Aerospace and RTX, positioning them favorably within the broader defense sector. Despite the positive contract momentum, shares of both GE…