Home About

TL;DR CNBC


Investing in Space: Doing well to do good - TL;DR CNBC

Investing in Space: Doing well to do good

Publishing timestamp: 2023-01-26 11:20:54


Summary

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization. Planet CFO Ashley Fieglein Johnson said that companies in the space industry must be profitable in order to do good. Recent news in the space industry includes Rocket Lab's successful launch from the US, SpaceX's Starship 'wet dress rehearsal', NASA's Ingenuity helicopter completing its 40th flight, Canada announcing efforts to modernize launch regulations, AstroForge's plans to launch its first mission, Boeing's Starliner crew flight prep milestone, Astrobotic's pre-flight testing of its first lunar lander, US and Japanese astronauts conducting a spacewalk, OneWeb's insurance extension, Viasat's US Marine Corps contract, Mynaric's order from WARPSPACE, Isar Aerospace's deal with Spaceflight Inc., iRocket's board of directors addition, and Morgan Stanley and William Blair's ratings of Planet and Viasat respectively.


Sentiment: POSITIVE

Tickers: MYNA,  NOC,  LMT,  BA,  RKLB,  M0YN-DE,  VSAT,  PL, 

Keywords: viasat inc,  space newsletter,  northrop grumman corp,  lockheed martin corp,  planet labs pbc,  business news,  boeing co,  mynaric ag,  rocket lab usa inc, 

Source: https://www.cnbc.com/2023/01/26/investing-in-space-doing-well-to-do-good.html


Developed by Leo Phan