Reported Sunday, Rocket Lab Launches First Eight Of 17 Satellite Platforms Under $143M Deal With MDA Space For Globalstar Constellation Replenishment

Reported October 6, FCC Approves SpaceX NGSO MSS System For Direct-To-Device Services

https://www.fcc.gov/document/spacex-approved-ngso-mss-system-direct-device-services

Shares of space-related companies are trading lower, possibly as Rocket Lab extended losses, falling over 8% after an analyst cut its price target following a delay to its Neutron rocket’s first launch, weighing on peers.

Shares of space-related companies are trading lower as U.S. inflation data fuel a spike in bond and Treasury yields, with expectations for interest rates to remain elevated. Monetary tightening and elevated borrowing costs pose a material threat to the sector from curtailed corporate and government financing of cosmic communications, AI compute, and exploration.

CSG enters the space sector through investment in MDA Space

CSG, a global industrial and defence group, has acquired a 9.5% equity position in MDA Space Ltd., becoming its largest shareholder. The investment is part of CSG's long-term strategy to expand into the space sector, with plans for potential cooperation including co-investments and partnerships. CSG has also established a dedicated space team led by former NATO space advisor Ladislav Stahl and corporate development expert Filip Kocián.

Rocket Lab Stock Erases $57 Billion in Value as Headwinds Mount

Rocket Lab stock broke below a key support level and fell to its lowest point since December 9 after it delayed its Neutron product.

Benzinga Bulls and Bears: Palantir, Apple, Six Flags

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.