The subscription subscriptions for space are based on raising their heads again

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Securities Market Information in Nasdaq Marketsite in New York, United States, on Wednesday, July 9, 2025.

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Overview: The subscription subscriptions for space raising their heads again

He is a brave person calling the market closed or open, especially for the menus – you will forgive me if I am not the person who drowns. But the gentle nonsense from the subscription subscriptions to space since the beginning of the year, after the scarcity of lists in recent years, no one noticed.

Trive Carman Holdings, Defense and Space Systems Maker, The audience returned in February Evaluating approximately $ 4 billion with shares rise at the first time. Voyageer Technologies got a rating of $ 3.8 billion two months ago, as the shares of the Defense and Space Company It opened 125 % higher on Wednesday At $ 69.75 each, higher than the offer price $ 31.

ThursdayFirefly Aerospace backed by Northrop Grumman-whose blue ghost landed on the moon earlier this year-fell earlier- Nasdak For the first time under the east symbol flies.

This may seem like a small step for some industries, but it is a giant leap for traditional spaces for the space sector, where for some time players like Intuitive machinesand Missile laboratory and AST Spacemobile Listed by integration operations with special acquisition companies for special purposes (SPAC)-Shell companies that collect their public subscription to unify with a private company and take it openly, bypassing some of the typical organizational audit. SPAC deals looked down after the initial wave of 2020-2021, but they are heading again. To this end, the reusable missile maker He said The fusion of $ 400 million will be announced with BPGC Acquisition, which is supported by former US Trade Minister Wilber Ross.

The scene was the broader public subscription on a state of flow. EY found that the global lists market “showed flexibility” in the first half of 2025, as China now represents a third of the revenues of the world public subscription, while the United States led the package with 109 of the subscription subscriptions and its strongest performance from January to June from its peak in 2021.

However, the recent geopolitical fluctuations that led to the conflict in the Middle East and the policies of protective trade in Washington have cast a shadow over the global appetite for making deals and the public, and bankers mentioned the utmost. For its part, incorporation and purchase research in the United States of Space and M&A has picked up to four deals with a total of $ 280 million in the second quarter, according to the common Dealogic data with CNBC.

“The recovery of the global public subscription market depends on more collaborative commercial frameworks, comfortable monetary policy, oversight inflation, and the abolition of geopolitical escalation,” I noticed any. “Companies that are in line with national priorities and innovation, which are likely to succeed who are able to present a story of reliable royal rights with realistic assessments and flexible timing, in moving in this complex environment.”

Space companies, by virtue of the definition, a sign of at least some of these boxes.

Lukas Muehlbauer, IPOX research analyst, “definitely” fun time for space subscription subscriptions “, with initiatives such as a golden missile interception system that provides high assessments.

He told CNBC via e-mail: “American space companies are well isolated from the customs tariff on the aspect of revenue, especially when income that can be predicted by US government contracts-a common advantage of defense companies.” “However, most companies in the sector depend on foreign -made satellite components, creating a security vulnerability to increase the cost and delay the publication caused by commercial disputes.”

However, he warned that “intense” competition in the private launch market – as companies are looking to reduce costs, especially by spreading technology and reusable infrastructure – can create “pressure pressure”.

“This will be a major factor in reducing high entry barriers to the sector, which makes a new generation of space business commercially,” Muehlbauer pointed out.

Also mature timing, as space projects are generated by little noise on growth potential. Last month, a report issued by Seraphim Space found that investing in startups increased to $ 3.1 billion during the April to June period, a sharp increase of $ 2.1 billion during the January extension to March.

“Investors understand the risks in this sector, but they also understand the size of what is being built. These companies are not estimated in the near -term cash flow, but on their ability to provide a long -term strategic infrastructure,” said Cristiano Dala Bona, who heads ECM analyzes in Mergers. “What we see now is an enthusiastic general investor base. However, credibility and vision are likely to be examined on the growth of every new candidate.”

This sector was also in the eyes of the year, where the titles ranged from NASA’s demobilization, Elon Musk’s voice was involved with – and the explosive exit later – the White House and Trump pushed the golden missile interception system. He talked about NASA’s civilian families, and began to flow on Netflix this summer with the last live broadcast of the launch of Spacex Crew-11.

What is your news

Spacex delivers Crew-11 to ISS -A four -person astronaut arrived at the International Space Station after a 15 -hour trip. – Heaven News

Air leakage continues in the Russian ISS unit Despite the efforts made to curb the losses, the Russian part of the International Space Station is still suffering from air leakage, which was first discovered in 2019. Record

The first quantum computer launched in space – A satellite that carries a small quantitative computers in late June, with its devices now operating and demonstrations of its outstanding capabilities. – Science news

Why NASA will flood the international space station in the ocean in 2031 – NASA plans to control the international space station in the far -part of the Pacific, after about three decades of the space laboratory service. Times of India explores why. – Times from India

Roscosmos, NASA extending ISS operations until 2028 – The heads of Roskosmos and NASA have agreed to enhance the cooperation of the clients in the operation of the International Space Station until 2028. The relations between the space agents between Washington and Moscow have been wider on a larger scale in recent years by the Russian war in Ukraine. – France 24

Industry maneuvers

Rheinmetall and Lockheed Martin perform GMARS artillery tests – Rheinmetall and Lockheed Martin’s Global Rocket (GMARS), which is compatible with NASA M270 and HIMARS, perform tests in the United States – Europe Defense Industry

Japan wants to create an international organization to remove space debris Tokyo is looking to develop international rules for the removal of the human -made space, which can pose risks, taking into account the discussions at the time of the meeting of the United Nations Committee for the year 2026 on the peaceful uses of outer space. – Kyodo News

Israel is preparing a new initiative to develop space technology -Israel launches a program worth 40 million NIS ($ 11.73 million) for startups and companies established to enhance local developments in technology and space research. – Jerusalem job

Lockheed Martin is looking to test space -based missile objections by 2028 -Lockheed Martin has set a final date 2928 to clarify a space offer capable of targeting the high-sound missile-a major component of the proposed golden dome system. – SOFX

NASA to set a timetable for the nuclear reactor on the moon -Politico learned that NASA’s interim president, Sean Duffy, will make the 2030 space for the establishment of a 100 kW nuclear reactor on the moon. – Politico

Market engine

The air space is more than 30 % in Nasdak for the first time – Firefly Aerospace shares added more than 34 % to the company’s first appearance under Fly Ticker Fly. – CNBC

Space company lists deceive the direction – Some industry voices claim that the spacecraft group that has been published in public or intends to do so in a mobility, rather than a broader movement. – Space News

EUTELSAT POSTS Increase Revenue, Gio expected to decrease The French satellite Eutelsat defeated expectations until the end of June, with 84 % revenues. However, the company reported a 7 % decrease in geological revenue during this period. – Space News

Space Faya earns the payment contract at $ 1.2 million -Vaya Space received a contract worth $ 1.24 million towards developing the Hybrid Hybrid Hypersong missile system. – SATNEWS

Voyager technologies publishes the first profits after the public subscription Voyageer Technologies reported a worse loss than expected, amounting to $ 0.60 per share in the results of the second quarter, despite revenues that exceed expectations. – Muti

On the horizon

August 8 -Spacex Crew-10 to return to Earth from the International Space Station on board Dragon Endurance

August 9 – Spacex’s Falcon 9 to launch it with Starlink Sarelettt of Camae

August 12 -RENITED LAUNCH Alliance’s Vulcan Center to leave at Mission United Stats Space Force (USF) -106 Out of Florida

12-13 August –Aranespace’s Ariane 6 Claus with the European Organization for Metop-SG A1 from French Guiana

13-14 August Rockets Falcon 9 from Spacex with Starlink Swatil from Florida and California



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