Welcome to S-SPACi! In this edition, Momentus announced a reverse stock split to avoid being delisted, Redwire will supply a biotech manufacturing facility for Sierra Space’s station, there was news about Virgin Galactic’s next flight, and Planet Labs, Rocket Lab and Satellogic won new contracts. Plus second-quarter results from BlackSky, Intuitive Machines, and BigBear.ai.
(more…)TAG
“reverse stock split”
Welcome to S-SPACi! In this week’s edition, Momentus plans a reverse stock split to raise its share price, AST SpaceMobile forms a partnership to battle SpaceX’s Starlink in Kenya, Spire Global to help enhance airline profitability, Intuitive Machines’ lunar rover passes a critical test, Virgin Galactic announces passengers for August suborbital flight, and Redwire is contributing key technology to NASA’s Dragonfly mission.
(more…)