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Maxar said Thursday the first launch of its key next-generation imagery satellites is set for the beginning of next year.
Rising interest rates hurt the company a lot; interest costs are enormous. It seems like the revenue potential of the Legion fleet is overrated.
Maxar (MAXR) and Astra Space Operations enter into an agreement whereby Astra will be supplying Astra Spacecraft Engines to be used in Maxar's low Earth orbit spacecrafts.
The market's tendency to associate defense companies only with those producing weapon systems is wrong. Events in Ukraine have clearly demonstrated that satellite imagery now plays a key role, both for military defensive and offensive purposes.
This segment originally aired on October 5, 2022. ProcureAM Founder and CEO Andrew Chanin joins Yahoo Finance Live anchors Dave Briggs to talk about space launch ETFs and how it could be a new investing opportunity over the next two decades.
5 Space Stocks Rocketing Humanity Toward The Final Frontier: Rocket Lab, Virgin Galactic, and 3 more
While Elon Musk's SpaceX is attempting to make humans multi-planetary, a number of publicly traded space stocks are forging ahead with plans to deliver massive payloads to space, provide access to high speed internet across the globe, and even create a space tourism industry. Analysts at Citigroup are predicting that the space industry could reach $1 trillion in revenue by 2040.
Aerospace & defense stocks have been a source of relative calm in a wild year, but not all of its components trade the same way. Maxar Technologies, invested in the space exploration niche, has suffered since early 2021.
Maxar Technologies (MAXR) expects to benefit from higher demand for the company's 3D and other innovative geospatial products. Stiff competition and a leveraged balance sheet are major concerns.
Undervalued space stocks just got a little easier to find. The Russian invasion of Ukraine has re-ignited the debate over the multi-billion-dollar Space Economy, putting the spotlight on space stocks again.
Maxar's (MAXR) Q2 top line is affected by weakness in Earth Intelligence and Space Infrastructure segments.