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SOC News5 articles
Sable Offshore Shares Plunge 48% on Dilution Fears From $100M Stock Sale
Sable Offshore shares tumbled 48.5% as its $100 million stock sale could nearly double dilution due to the lower share price, part of a broader refinancing package.
CNES Begins Ground Tests for Callisto Reusable Rocket Communications
CNES has launched a ground campaign to test the Callisto reusable rocket's communication antennas, a step toward future flight tests.
Orbital Operations Wins $35M Pentagon Contract for Reusable Cryogenic Spacecraft Demo
Orbital Operations wins a $35M Pentagon contract to demo its reusable cryogenic spacecraft, revealing a 51.5% payload penalty for return capability.
Space Stocks Shed $89 Billion as Chinese Reusable Rocket Test Rattles Sector
A basket of space stocks dropped 5.9% on Monday, erasing $89 billion in market value, as China's reusable rocket test and rising oil prices fueled investor concerns.
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.