Latest news with #CapellaSpace
Business Wire
12-05-2025
- Business
- Business Wire
Capella Space Awarded Contract by the U.S. Defense Innovation Unit to Support the Hybrid Space Architecture
SAN FRANCISCO--(BUSINESS WIRE)-- Capella Space Corp., an American space tech company with data and satellite solutions for government and commercial applications, today announced a partnership with the U.S. Department of Defense, Defense Innovation Unit (DIU) to develop new synthetic aperture radar (SAR) imaging acquisition modes to support the Hybrid Space Architecture (HSA). Backed by Capella Space's fully automated Tasking system, these enhancements will provide an unmatched ability to reliably provide low-latency imagery with broad-area coverage to enhance maritime domain awareness and mapping applications. 'These new imaging modes will enable our government partners to access an unmatched rapid, broad-area monitoring capability for enhanced decision-making day or night, regardless of weather conditions,' said Frank Backes, CEO of Capella Space. 'Capella's fully automated Tasking system and the ability to improve our capabilities on-orbit allows us to quickly iterate to meet our partners' evolving mission needs. Through this partnership, Capella will be able to lend our high-quality imaging capabilities to support DIU's initiative to integrate advanced commercial capabilities into U.S. government systems and support warfighters on the ground.' Valued up to $4.2 million, Capella will use this award to develop new low-latency, broad-area imaging capabilities to enable users to rapidly track vessels, icebergs and other objects across the maritime domain. Capella's high-resolution SAR satellite system images in all weather, day or night, providing consistent monitoring capabilities to support change detection, patterns of life analysis, disaster response, mining operations and more. This award builds on the strong partnerships Capella Space has developed with other U.S. government agencies, including the National Geospatial-Intelligence Agency (NGA), National Reconnaissance Office (NRO), U.S. Air Force, U.S. Space Force and NASA. About Capella Space Capella Space is an American space tech company with data and satellite solutions for government and commercial use. A leader in the Earth observation industry, Capella is the first U.S. company to design, build and operate a global constellation of Synthetic Aperture Radar (SAR) satellites, delivering high quality, high resolution SAR imagery. Its market-leading SAR satellites are matched with a fully automated Tasking system and adaptable sensor technologies to quickly deliver reliable global insights that provide global transparency for our evolving planet. Capella is headquartered in San Francisco, California with additional locations in Denver, Colorado and Washington, D.C.
Yahoo
08-05-2025
- Business
- Yahoo
IonQ (NYSE:IONQ) Announces 2025 Revenue Guidance And Acquisition Of Capella Space Corporation
IonQ recently announced ambitious plans to launch a global quantum key distribution network and acquire Capella Space Corporation, enhancing its quantum capabilities. The company's share price rose 28% over the last month amidst these developments. Additionally, recent earnings and revenue guidance updates provided clarity on financial expectations. The broader market saw a surge, partly attributed to positive trade agreement news, potentially adding momentum to IonQ's rise. While the company's specific advances could have strengthened interest among investors, overall market conditions likely played a substantial role in the stock's upward movement. You should learn about the 2 possible red flags we've spotted with IonQ. The latest GPUs need a type of rare earth metal called Neodymium and there are only 23 companies in the world exploring or producing it. Find the list for free. Over the past three years, IonQ's shares have delivered an impressive total return of over 571.43%. This significant increase underscores the company's robust growth trajectory, especially when compared to the US Tech industry, which saw a 5.6% return over the past year. IonQ's performance also surpasses the broader US market, which returned 7.7% in the same time frame. The recent developments, including IonQ's strategic acquisition plans and advancements in quantum networking, could positively influence future revenue and earnings forecasts. Although IonQ's revenue is anticipated to grow at 38.3% annually, earnings forecasts remain negative as the company is expected to remain unprofitable in the near term. Despite a fair value estimate at US$8.4 per share, the current trading price of US$29.14 suggests a substantial premium, reflecting investor optimism about IonQ's growth potential. The consensus analyst price target stands at US$40.6, indicating a significant upside potential from the present share price. This highlights confidence in IonQ's future prospects despite its current challenges with profitability. In light of our recent valuation report, it seems possible that IonQ is trading beyond its estimated value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:IONQ. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
