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Mid East Info
6 days ago
- Health
- Mid East Info
Canadian University Dubai to lead three DFF funded projects to advance healthcare innovation - Middle East Business News and Information
Projects to position UAE at the forefront of technology-driven solutions in the healthcare sector Researchers from the Canadian University Dubai (CUD) have been awarded three separate grants from the Dubai Future Foundation (DFF) Research, Development, and Innovation (RDI) Program to advance the application of technologies to improve the health of people in the UAE. CUD faculty will be leading each of the projects, that will develop tools to improve health outcomes and position the UAE at the forefront of technology-driven healthcare solutions. The university's School of Engineering, Applied Science and Technology has secured two grants to support projects aimed at advancing technologies that support diagnostic and therapeutic aspects of healthcare. Led by CUD's Prof. Firuz Kamalov, in collaboration with the Abu Dhabi School of Management and the University of Huddersfield, a team of researchers will pioneer an Explainable Artificial Intelligence system to support the early detection of dementia and to develop an understanding of its potential progression. The project has the capacity to deliver a major step forward in transforming dementia care through AI-driven innovation that can deliver earlier diagnosis to improve patient treatment, guide clinical decisions, and offer vital support to families. Meanwhile, another project in the same School of Engineering Applied Science and Technology is led by Associate Professor, Dr. Haythem El-Messiry, in partnership with researchers from Shandong University and the Mohamed bin Zayed University of Artificial Intelligence. This project will harness the power of Volume Electron Microscopy (VEM) to enhance biological research capabilities. VEM involves a group of electron microscopy techniques for revealing the 3D ultrastructure of organisms at nanometer resolution. The technology is heralded as a revolutionary advancement in imaging to unravel biological complexity at scale, supporting the progression of research in health sciences. This project aims to develop a fast, robust, and high-precision VEM image processing workflow which can achieve high-throughput and high-resolution large-scale biological 3D structure analysis to effectively bridge the gap between cell biology and tissue biology analysis. A third project in the university's School of Health Sciences and Psychology will embark on a pioneering project to establish a Health Technology Assessment (HTA) System in the UAE, to improve evidence-based decision-making in healthcare. Aiming to digitize health systems and promote multi-sectoral and multidisciplinary approaches, the project will integrate AI and web-based platforms, to enable more informed decisions about the value and reimbursement of health technologies. Led by CUD Assistant Professor, Dr. Mohammed AlKhaldi, the research team will also include CUD Associate Professor, Dr. Wissam Ghash, along with collaborators from McGill University, Canada and University of Bonn, Germany. Each of the projects aims to contribute to the UAE's strategic vision to be a world leader in healthcare and wellbeing. Speaking about the awards, CUD Provost, Dr. Adam Fenech said, 'These grants recognize CUD's leading role in health research and innovation in the UAE and wider region. With the support of Dubai Future Foundation and our institutional partners, we are tackling critical issues in global healthcare. These projects have the potential to establish the UAE as the benchmark for innovations that have impact on a global scale.' ———- About Canadian University Dubai Established in 2006, Canadian University Dubai (CUD) is a higher education institution located in City Walk, Dubai, United Arab Emirates (UAE). The university is the #1 ranking University in Dubai according to the QS World University Rankings 2025. CUD is a diverse and dynamic institution, with over 120 student nationalities. With a reputation for academic excellence, the university offers more than 30 specialized majors, concentrations, and focus area pathways, through over 25 accredited undergraduate and graduate degree programs. The curriculum is Canadian-inspired and serves as a gateway for students to pursue higher education, research, entrepreneurship and employment opportunities in Canada.
Business Insider
6 days ago
- Business
- Business Insider
Rocket Lab Stock (RKLB) Surges to All-Time High as Citi Sets Street-High Price Target
Rocket Lab USA Inc. (RKLB) surged to a new all-time high after Citi's five-star-rated analyst Jason Gursky raised his price target from $33 to $50, the highest on Wall Street. Gursky also reaffirmed his Buy rating on RKLB stock, citing stronger revenue growth and a revised valuation approach that reflects Citi's renewed confidence in the company's long-term potential. As a result, RKLB stock jumped over 10% on Monday and is now up nearly 70% year-to-date. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Citi Eyes Further Upside in RKLB Stock Despite the strong rally in RKLB stock, Citi's new price target signals upside of over 15% over current levels. Gursky explained that their new price target is based on expectations for Rocket Lab's business in 2029, rather than 2027 as previously modeled. He believes that this period better reflects a more mature state of the company's business model. By then, Citi expects revenue to reach around $2.6 billion, driven by 20 Neutron launches annually and additional satellite construction contracts, especially from U.S. government programs. Interestingly, Citi's price target leans heavily on the future success of Neutron rockets, even though they haven't launched yet. It's a sign of the broader market optimism, where investors are increasingly betting on long-term potential rather than current performance. For context, Rocket Lab's Neutron is a medium-lift rocket designed for larger payloads than its Electron rocket, targeting satellite launches and future space missions. Is RKLB a Good Stock to Buy? Looking ahead, analysts remain highly optimistic about Rocket Lab 's long-term growth, though they see limited near-term upside following the stock's recent surge. According to TipRanks, RKLB stock has received a Strong Buy consensus rating, with nine Buys and three Holds assigned in the last three months. The average Rocket Lab stock price target is $33.80, suggesting a potential downside of over 21% from the current level.
Yahoo
14-07-2025
- Business
- Yahoo
Rocket Lab Announces Date of Second Quarter 2025 Financial Results
LONG BEACH, Calif., July 14, 2025--(BUSINESS WIRE)--Rocket Lab Corporation (Nasdaq: RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced that it will release its financial results for the second quarter 2025 following the close of the U.S. markets on Thursday August 7, 2025. Rocket Lab will host a corresponding conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be available on the Company's Investor Relations website at About Rocket Lab Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. We deliver reliable launch services, satellite manufacture, spacecraft components, and on-orbit management solutions that make it faster, easier, and more affordable to access space. Headquartered in Long Beach, California, Rocket Lab designs and manufactures the Electron small orbital launch vehicle, a family of flight proven spacecraft, and the Company is developing the large Neutron launch vehicle for constellation deployment. Since its first orbital launch in January 2018, Rocket Lab's Electron launch vehicle has become the second most frequently launched U.S. rocket annually and has delivered 200+ satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. Rocket Lab's family of spacecraft have been selected to support NASA missions to the Moon and Mars, as well as the first private commercial mission to Venus. Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia. To learn more, visit Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our launch and space systems operations, launch schedule and window, safe and repeatable access to space, Neutron development, operational expansion and business strategy are forward-looking statements. The words "believe," "may," "will," "estimate," "potential," "continue," "anticipate," "intend," "expect," "strategy," "future," "could," "would," "project," "plan," "target," and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the "SEC"), accessible on the SEC's website at and the Investor Relations section of our website at which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. View source version on Contacts Rocket Lab Investor Relations Contact Patrick Vorenkampinvestors@ Rocket Lab Media Contact Murielle Bakermedia@
Business Wire
14-07-2025
- Business
- Business Wire
Rocket Lab Announces Date of Second Quarter 2025 Financial Results
LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab Corporation (Nasdaq: RKLB) ('Rocket Lab' or 'the Company'), a global leader in launch services and space systems, today announced that it will release its financial results for the second quarter 2025 following the close of the U.S. markets on Thursday August 7, 2025. Rocket Lab will host a corresponding conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be available on the Company's Investor Relations website at About Rocket Lab Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. We deliver reliable launch services, satellite manufacture, spacecraft components, and on-orbit management solutions that make it faster, easier, and more affordable to access space. Headquartered in Long Beach, California, Rocket Lab designs and manufactures the Electron small orbital launch vehicle, a family of flight proven spacecraft, and the Company is developing the large Neutron launch vehicle for constellation deployment. Since its first orbital launch in January 2018, Rocket Lab's Electron launch vehicle has become the second most frequently launched U.S. rocket annually and has delivered 200+ satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. Rocket Lab's family of spacecraft have been selected to support NASA missions to the Moon and Mars, as well as the first private commercial mission to Venus. Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia. To learn more, visit Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward looking statements contained in Section 27A of the Securities Act of 1933, as amended (the 'Securities Act') and Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our launch and space systems operations, launch schedule and window, safe and repeatable access to space, Neutron development, operational expansion and business strategy are forward-looking statements. The words 'believe,' 'may,' 'will,' 'estimate,' 'potential,' 'continue,' 'anticipate,' 'intend,' 'expect,' 'strategy,' 'future,' 'could,' 'would,' 'project,' 'plan,' 'target,' and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the 'SEC'), accessible on the SEC's website at and the Investor Relations section of our website at which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.
Yahoo
14-07-2025
- Business
- Yahoo
RKLB Boosts Neutron Plan With Ship Deal: How to Play the Stock
Rocket Lab USA, Inc. (RKLB) is making strong progress in the space services sector through a contract signing with Bollinger Shipyards (announced last week) to build an ocean landing platform for its upcoming Neutron reusable rocket. The 400-foot vessel, named Return On Investment, will be fitted with Rocket Lab's technology, including systems to support rocket landings at sea. The platform is expected to be delivered in early 2026. With 68 successful Electron missions and strong partnerships with NASA and the U.S. government, Rocket Lab is already enjoying a strong prominence in the small satellite launch market. With the Neutron project, the company plans to serve larger payload missions and thereby grow its services beyond small satellite launches. As global demand for satellite services and national security solutions increases, investor interest in the space technology sector is on the rise. Against this backdrop, the latest contract signing news may lead space-focused investors to consider buying RKLB. However, before making a decision, let's take a look at the stock's performance, growth opportunities, valuation, and potential risks to make a more informed decision. RKLB's shares have surged a solid 582.4% in the past year, outperforming the Zacks Aerospace-Defense-Equipment industry's growth of 46.2% and the broader Zacks Aerospace sector's return of 27.1%. It has also surpassed the S&P 500's return of 11% in the same time frame. Image Source: Zacks Investment Research A similar stellar performance has been delivered by other defense stocks involved in the space industry, such as The Boeing Company (BA) and Intuitive Machines (LUNR), over the past year. Shares of LUNR have surged 150.8%, while BA shares have risen 26.7%. Rocket Lab continues to build growth momentum through successful missions, strong partnerships and new product development. In June 2025, the company launched its 68th Electron rocket for a confidential commercial customer. This represented the 10th Electron mission, with 100% mission success so far this year. These frequent launches should support Rocket Lab's goal of completing more than 20 Electron missions this year, reflecting strong demand for its services and building trust among commercial and government clients. This, in turn, might attract more customers to select RKLB for their satellite launches and thereby boost the company's revenue growth in future quarters. Additionally, Rocket Lab is preparing for the first launch of its Neutron rocket, expected in the second half of 2025, to which the recent contract to build an ocean landing platform will play the role of a major catalyst. This should help Rocket Lab expand beyond small satellite launches and compete with larger players in the space industry. Let's take a look at RKLB's near-term estimates to check if that reflects solid growth prospects. The Zacks Consensus Estimate for RKLB's 2025 and 2026 sales suggests an improvement of 32.8% and 47.7%, respectively, year over year. A look at its 2025 and 2026 earnings estimates suggests a similar year-over-year improvement. Image Source: Zacks Investment Research The upward revision of its 2025 estimates over the past 60 days indicates investors' increasing confidence in the stock's earnings generation capabilities. However, its 2026 estimates have moved south over the past 60 days. Image Source: Zacks Investment Research Rocket Lab offers strong near-term growth prospects, but there are a few important risks investors should be aware of. One key concern is the company's high operating costs, driven by continuous investments in advanced technologies like the Neutron rocket, satellite platforms, and various space components. These expenses often outweigh revenue growth, resulting in ongoing losses, as reflected in recent quarterly results. Another challenge is Rocket Lab's higher debt levels compared to its industry peers, as is evident from the below provided long-term debt-to-capital ratio of the stock. As the company continues to actively invest in the development and commercialization of new space systems, which are highly capital-intensive, its higher debt burden, which might cause financial risk during economic downturns, remains a concern. RKLB's current long-term debt-to-capital ratio is pinned at 49.25 compared with the industry's average of 46.51. In terms of valuation, RKLB's forward 12-month price-to-sales (P/S) is 24.36X, a premium to its peer group's average of 9.88X. This suggests that investors will be paying a higher price than the company's expected sales growth compared to that of its industry. Image Source: Zacks Investment Research Other space stocks, such as LUNR and BA, are trading at a discount to RKLB in terms of their forward P/S ratio. LUNR and BA have a forward sales multiple of 5.79X and 1.87X, respectively. To conclude, despite its recent outperformance at the bourses and upbeat sales estimate, RKLB's premium valuation and high leverage raise red flags. Given these concerns, it may be prudent for investors to wait for clearer signs of stability, in terms of leverage, before making a decision. The stock's Zacks Rank #4 (Sell) further supports our thesis. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA) : Free Stock Analysis Report Rocket Lab Corporation (RKLB) : Free Stock Analysis Report Intuitive Machines, Inc. (LUNR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
