Blacksky announced an 1 for 8 reverse split on September 4th. At the time, the motive was perplexing. Investors apparently interpreted it as Blacksky management…
A second iQPS satellite, QPS-SAR-5, fails in orbit
Once the golden child of the Japanese new space industry, the stock’s fall from grace has been quick. Another iQPS satellite malfunctioned in orbit. This…
Satellogic got beat by Blacksky, is the end of SATL stock near?
It seems close to over for Satellogic. Sad. The company presented a competitive satellite manufactured at significantly reduced cost, packaged with an extremely well-presentable and…
Blacksky’s middle east government customer
Blacksky’s 2024 2Q financial report was generally positive. EBITDA grew quarter over quarter from $1.37M to $2.145. And the -$15.8M net loss posted in Q1…
Blacksky reverse split announced; poor performance anticipated?
Blacksky announced on September 4, 2024 a 1-for-8 reverse stock split. This reverse split will raise Blacksky stock eight fold, pushing it above $8 dollars.…
Blacksky secret foreign contract with Israel at risk
This is fantastic reporting on Blacksky. Intelligence Online reports that Blacksky has a $150 million contract with the Israeli government which is in trouble. Apparently…
iQPS satellite 6 thruster malfunctions, mission to terminate early
A thruster on iQPS satellite number 6 (QPS-SAR-6) reportedly malfunctioned. The satellite no longer can maintain orbit and iQPS forecasted early termination of mission in…
Planet Labs more layoffs to reduce costs
Planet most recently reported $276M in cash, cash equivalents, and short-term investments. But Planet incurred $135M in net loss during the trailing 12 months. At…
Satellogic: more layoffs and pauses constellation growth
According to reporting by Space News, Satellogic filed with the SEC they will lay off 70 employees leaving about 160 left. Additionally Satellogic will pause…
Seeking Alpha analysis, price targets, and buy rating on Planet Labs
Over the weekend on June 15, 2024, “May Investing Ideas” posted some analysis on Planet Labs. The conclusion is Planet’s stock should be within the…