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BKSY News5 articles
Redwire Soars 58% as Defense Unit Drives Margin Expansion
Redwire (RDW) shares surged 58% in a week after Q2 revenue hit $117.1M, with Defense Tech margins at 22.8%. Analysts see more upside despite dilution risks.
BlackSky Stock Surges on NRO Contract Boost
BlackSky shares surged 13% to $35.97 after an NRO contract modification for the AROS satellite program, pushing total contract value past $150 million.
Planet Labs Rallies Ahead of Holiday; Q1 Earnings in Focus
Planet Labs shares climbed 4.3% to $44.35 on Friday, up 6.6% for the week. The company will report fiscal first-quarter results on June 4.
BlackSky Shares Hit 52-Week High, Files $250M Equity Shelf
BlackSky Technology shares hit a 52-week high after a 24% weekly surge, and the company filed a $250 million at-the-market equity program. The move comes as it raises its 2026 revenue forecast and expands Gen-3 satellite operations.
Space Sector Stocks Rally as SpaceX IPO Speculation Intensifies
Shares of several publicly traded space companies jumped sharply Monday as market participants positioned for SpaceX's expected initial public offering later this year.