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LASR News10 articles
nLIGHT Shares Plunge 24% on Optics Shortage
nLIGHT (LASR) shares fell nearly 24% after the company delayed $17M in product shipments due to an optics shortage, despite record Q2 revenue of $82.6M.
Lockheed Martin Slips 4% Despite $847M Laser Contract
Lockheed Martin shares closed at $523.22, down 4.2% for the week, despite securing an $847 million laser contract. The company also announced a $3.45 billion deal to acquire Ultra Maritime.
nLIGHT Soars on $627M Laser Weapon Contract Ceiling
nLIGHT shares surged 28% on a defense contract worth up to $627 million, signaling a strategic pivot from industrial lasers to directed energy systems.
nLIGHT Soars on Record Defense Revenue, 55% Sales Jump
nLIGHT shares surged 10.3% after Q1 revenue jumped 55% to $80.2M, driven by record aerospace and defense sales, with the company swinging to a profit and launching its HADES laser system.
FCC Approves Reflect Orbital's First Sunlight-Reflecting Satellite; Startup Eyes 50,000 Satellites by 2035
The FCC has approved Reflect Orbital's first test satellite, Earendil-1, marking a small step toward the startup's goal of deploying 50,000 satellites by 2035 to beam sunlight to Earth.
Pembina Stock Rises on Greenlight Power Project Deal
Pembina Pipeline shares rose 1.6% after committing C$2.1 billion to the Greenlight power project, targeting a 14.8% EBITDA margin, amid ongoing uncertainty over its West Coast pipeline investment.
FDA Greenlights uniQure's Accelerated Approval Path for Huntington's Gene Therapy
uniQure shares surged 78% premarket after the FDA agreed to accept three-year Phase I/II data as the basis for an accelerated approval filing for AMT-130 in Huntington's disease, reviving the near-term U.S. path for the potential first disease-modifying treatment.
Glencore Eyes Monday Catalyst as South Africa Greenlights Ferrochrome Power Relief
Glencore shares ended the week nearly unchanged at 567.80 pence, as South Africa approved a temporary discounted power rate for the Glencore-Merafe ferrochrome venture, offering cost relief ahead of Monday's market open.
EchoStar Gains After FCC Greenlights $40B Spectrum Sale
EchoStar shares closed up 1.57% at $137.23 after the FCC approved its $40 billion spectrum sale to AT&T and SpaceX, but a $2.4 billion escrow requirement and weak pay-TV trends pose risks.
EchoStar Shares Rise After FCC Greenlights Major Spectrum Deal
EchoStar shares rose 7.9% last week, closing at $137.23 after the FCC approved $40B in spectrum sales to SpaceX and AT&T, though a $2.4B escrow requirement and debt concerns linger.