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LITS News30 articles
SpaceX Starship Flight 13 Tests V3 Satellites, Booster Landing Fails
SpaceX's Starship Flight 13 successfully deployed 20 Starlink V3 satellites, but the Super Heavy booster crashed into the Gulf, highlighting reusability challenges.
Amazon Leo Signs Herotel for South Africa Despite Sparse Satellite Fleet
Amazon has partnered with Herotel to distribute its Leo satellite broadband in South Africa, aiming for a 2027 launch despite having only 12% of its planned first-generation constellation in orbit.
Reflect Orbital's FCC License Paves Way for Massive Satellite Constellation
Reflect Orbital's FCC license for a test satellite is a small step; the company's plan to deploy 50,000 satellites by 2035 requires a massive manufacturing ramp.
AT&T's 12% FCF Yield Under Scrutiny as Satellite Threat Looms
AT&T's implied free-cash-flow yield nears 12% as analysts cut targets on satellite risk. Earnings due July 22 will test cash generation.
SpaceX Starship Flight 13: Key Test for Satellite Deployment and Investor Sentiment
SpaceX's Starship Flight 13 on July 16 will test satellite deployment and engine relight, with investors eyeing the stock's performance after a 10.3% drop.
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.
China's Reusable Rocket Milestone Fuels $3.3 Billion Rally in Satellite Stocks
Shares of China Spacesat and China Satellite Communications hit daily limits after China's first rocket stage recovery, adding $3.3 billion in combined market value.
SpaceX Faces Rising Starlink Satellite Disposal Costs Ahead of Nasdaq 100 Debut
SpaceX decommissioned 609 Starlink satellites, representing 5.7% of its operational fleet, as the company faces significant disposal costs ahead of its Nasdaq 100 inclusion next week.
AT&T Slumps for Fourth Session, Dividend Yield Climbs on Satellite Fears
AT&T shares fell for a fourth straight session, dropping 9.4% from June 26 amid SpaceX worries and heavy trading volume. The dividend yield rose to 5.4% as the stock hit a new 52-week low of $19.89.
Amazon Outpaces Nasdaq as Market Eyes Prime Day and Leo Satellite Spending
Amazon outperformed the Nasdaq ahead of the holiday, with the stock up 0.4%. Next week's focus is on Prime Day sales data and spending on the Leo satellite network.
Verizon Shares Slide as Investor Fears Mount Over Dividend Security Amid Satellite Threat
Verizon shares dropped 1.1% as investors focused on dividend risk, with the stock's daily trading range surpassing the upcoming quarterly payout. Market losses from satellite competition add pressure.
Amazon's Satellite Deployment Falls Short of FCC Target After Atlas V's Final Flight
Amazon's final Atlas V launch added 29 satellites to its LEO network, leaving it 1,220 shy of the FCC's July 30 deadline. The company pivots to Vulcan, Falcon 9, and New Glenn.
AST SpaceMobile Soars $5.95B on Japan Satellite Subsidy Report
AST SpaceMobile shares surged 21.44%, adding nearly $6 billion in market cap after reports of a $926 million Japanese government subsidy for a satellite project with Rakuten Group.
Satellite Stocks Surge on Iridium Acquisition and Analyst Upgrade
Viasat shares soared 23.8% on Monday following a bullish analyst initiation and a major sector deal, highlighting the growing value of satellite spectrum and networks.
SpaceX Launches SiriusXM Satellite, Shifting Focus to Service Timeline
SpaceX launched SiriusXM's SXM-11 satellite, eliminating launch risk. The market's attention now turns to how quickly the satellite begins service, with the 74-day SXM-10 benchmark in focus.
NASA's $30M Swift Rescue Mission Could Pave Way for Satellite Servicing
NASA's $30 million contract with Katalyst Space aims to boost the Swift satellite, testing a scalable rescue model that could save billions in replacement costs.
NASA Awards $30M Satellite Boost Contract; SpaceX Launches Sirius XM Satellite
NASA contracts Katalyst Space for a satellite boost mission, SpaceX launches SXM-11 for Sirius XM, oil prices rise on Hormuz tanker imbalances, and Lazard offers a high dividend yield amid financial concerns.
Amazon Leo, AST SpaceMobile, and China Launches: June 2026 Space and Satellite News
Arianespace's Ariane 6 launched 36 Amazon Leo satellites, AST SpaceMobile deployed three direct-to-phone satellites, and China launched Shijian-31, highlighting the competitive satellite broadband landscape.
AST SpaceMobile Shares Dip After SpaceX Deploys Three New BlueBird Satellites
AST SpaceMobile shares dropped about 6% to $82.25 in premarket trading after SpaceX confirmed deployment of three new BlueBird satellites, a key step following April's loss of BlueBird 7.
AST SpaceMobile Tumbles as Space Stock Momentum Cools Ahead of Key Satellite Launch
AST SpaceMobile shares plunged 15.5% to $82.41 amid a sector-wide selloff after SpaceX's market debut. The upcoming June 17 BlueBird satellite launch is the next major catalyst.
AST SpaceMobile Rallies Ahead of Key Satellite Launch and SpaceX IPO
AST SpaceMobile stock surged 11.73% to $97.56 ahead of the June 17 BlueBird satellite launch and SpaceX IPO, with investors focusing on execution milestones and valuation risks.
AT&T Holds Steady at $22.71 as CFO Asserts Fiber Strength Over Satellite Rivals
AT&T shares held at $22.71 as CFO Pascal Desroches reaffirmed 2026 guidance and a $4.0-$4.5B Q2 free-cash-flow target, countering competitive pressure from SpaceX's Starlink and Amazon's LEO satellite broadband.
AmpliTech's 64T64R Massive MIMO Radio Shines at O-RAN PlugFest, AMPG Jumps 27%
AmpliTech shares surged 26.7% after its 64T64R Massive MIMO radio was the only one of its kind at O-RAN PlugFest, showing interoperability with major carriers. No new orders were announced.
AmpliTech Surges 27% as 5G Radio Passes Open-RAN Interoperability Test
AmpliTech shares surged 27% after its 64T64R massive-MIMO radio was the only device of its kind tested at O-RAN Alliance PlugFest, though no purchase orders were announced.
AT&T Slides on Satellite Broadband Threat, Analyst Downgrade
AT&T shares fell to $22.77 premarket after Oppenheimer downgraded the stock, citing satellite broadband threats from Starlink and Amazon's Leo. Fiber and bundle strategies are the counter.
AT&T Slumps on Legal Blow and Satellite Threat Ahead of SpaceX IPO
AT&T shares fell 3.3% after a Supreme Court setback and an Oppenheimer downgrade warning of satellite broadband competition from SpaceX, whose IPO nears.
Amazon's Satellite Internet Nears Commercial Launch, BofA Says
Bank of America maintains a Buy rating on Amazon with a $310 price target, citing the imminent first revenue from its Leo satellite network, which now has 331 satellites deployed.
Blue Origin Explosion Casts Shadow on AST SpaceMobile's 2026 Satellite Plans
AST SpaceMobile stock plunged 14.79% Friday after a Blue Origin New Glenn rocket explosion raised doubts about its 2026 satellite rollout. Deutsche Bank cut its rating to Hold, slashing the price target to $106.
STMicroelectronics ADRs Rise on AI, Satellite Push; CEO to Speak June 2
STMicroelectronics ADRs gained 3.7% last week, closing at $69.31. The company launched 700V PowerGaN chips for AI servers and industrial uses, targeting $3.45B Q2 revenue.
Rocket Lab Advances Missile-Warning Satellite Program; SpaceX IPO Speculation Lifts Space Stocks
Rocket Lab passes a system requirements review for its $816 million missile-warning satellite program, securing its schedule. The company also won a $90 million Space Force contract and reported strong Q1 revenue growth.