Latest news with #NearSpaceNetwork
Yahoo
19-05-2025
- Business
- Yahoo
One of the Best Space Stocks Just Reported a Big Change, and Its Stock Popped 35% in 1 Day
Investors flocked to Intuitive Machines after the company reported a loss and a revenue decline for Q1. Management reassured investors it is on track to hit its revenue target for the year. Intuitive Machines also promised to "incorporate IM-2 lessons learned" and hopefully land its next lunar lander right side up. 10 stocks we like better than Intuitive Machines › Every so often, you're right about a stock, and it makes you nervous about how long you can keep on being right. That's kind of how I feel looking at Intuitive Machines (NASDAQ: LUNR) stock right now. Back at the start of the month, if you recall, I said Intuitive Machines stock was a buy and could pop after earnings. And after Intuitive reported earnings this week, the stock did indeed go up. In fact, it went up a lot, surging nearly 35% at one point on the day after earnings, and still up nearly 28% as I type these words. And now I'm honestly not sure this stock is still a buy. Intuitive Machines' Q1 earnings report didn't feature a lot in the way of "earnings," necessarily, and it only reported $62.5 million in revenue. According to the good folks at The Fly, however, that was less than the $66.1 million in revenue that Wall Street analysts were predicting. It was also a 15% decline from the company's $73.2 million in Q1 2024 revenue. Operating costs of $72.6 million ate up all the company's revenue and left Intuitive with a $10.1 million operating loss for Q1. On the bottom line, losses were $11.4 million, or $0.11 per share, according to data from S&P Global Market Intelligence. That's the bad news. Now, here's the good: Intuitive Machines just announced a big change in its cash situation. Intuitive Machines generated positive operating cash flow for the first time in nearly two years in Q1 -- $19.4 million, and reported quarterly positive free cash flow of $13.3 million. The company is still FCF-negative for the past 12 months, and most analysts don't expect to see the company generating FCF consistently for another few years -- but Q1 improved its TTM performance considerably, and Intuitive now has at least a chance of reporting its first full year of positive FCF in 2025. Yes, a small chance. Most analysts still see Intuitive burning cash this year, but less than $2 million. But Intuitive is due to receive "IM-2 success payments" in Q2, which could potentially push the company over the finish line. Management is forecasting between $250 million and $300 million in total revenue this year, right in line with analyst forecasts. In other "IM-" news, the company confirmed that its next moon landing, IM-3, is on track to take place in the first half of next year, "and will incorporate IM-2 lessons learned" -- which hopefully means Intuitive has figured out how to keep its landers from toppling over after landing on the moon. Intuitive is also making progress on its much bigger, much more valuable, $4.8 billion contract to build a Near Space Network for satellite communication between the Earth and moon, completing two "milestones" and receiving funding for two more. With Intuitive Machines stock up so much (again, about 28% over just the past few days), and up so quickly after earnings, I'm a bit less enthusiastic about buying more shares (I already own a few) now that the good news is out. True, the chance that Intuitive might report positive full-year free cash flow in 2025 -- a full three years earlier than Wall Street was expecting -- could be another great catalyst to lift the stock. That said, the main project I'm counting on to drive the company's success is the $4.8 billion NSN NASA contract. That one stretches over 10 years, and appears to be rolling out only slowly, with only $9 million in revenue booked in Q1, and only $18 million more coming in Q2. It's a big-dollar contract, with a long timeline. These two factors combined create a risk that a budget-constrained NASA might be forced to cancel the contract at some point in the future, dramatically limiting growth prospects for Intuitive Machines -- and potentially crashing the stock as well. While I don't think that will happen, it's a risk, and it's one investors in Intuitive Machines stock should keep in mind. The best way to limit that risk is to buy Intuitive Machines stock on a pullback, when it looks cheap again. Before you buy stock in Intuitive Machines, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Intuitive Machines wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $642,582!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $829,879!* Now, it's worth noting Stock Advisor's total average return is 975% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 12, 2025 Rich Smith has positions in Intuitive Machines. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. One of the Best Space Stocks Just Reported a Big Change, and Its Stock Popped 35% in 1 Day was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
17-05-2025
- Science
- Yahoo
NASA, International Astronauts Address Students from New York, Ohio
WASHINGTON, May 16, 2025 /PRNewswire/ -- NASA astronaut Nichole Ayers and JAXA (Japan Aerospace Exploration Agency) astronaut Takuya Onishi will answer prerecorded questions submitted by middle and high school students from New York and Ohio. Both groups will hear from the astronauts aboard the International Space Station in two separate events. The first event at 10:20 a.m. EDT on Tuesday, May 20, includes students from Long Beach Middle School in Lido Beach, New York. Media interested in covering the event at Long Beach Middle School must RSVP no later than 5 p.m. Monday, May 19, to Christi Tursi at: ctursi@ or 516-771-3960. The second event at 11 a.m. EDT on Friday, May 23, is with students from Vermilion High School in Vermilion, Ohio. Media interested in covering the event at Vermilion High School must RSVP no later than 5 p.m. Thursday, May 22, to Jennifer Bengele at: jbengele@ or 440-479-7783. Watch both 20-minute Earth-to-space calls live on NASA STEM YouTube Channel. Long Beach Middle School will host the event for students in grades 6 through 8. The school aims to provide both the students and community with an experience that bridge gaps in space sciences with teaching and learning in classrooms. Vermilion High School will host the event for students in grades 9 through 12, to help increase student interest in science, technology, engineering, and mathematics career pathways. For more than 24 years, astronauts have continuously lived and worked aboard the space station, testing technologies, performing science, and developing skills needed to explore farther from Earth. Astronauts aboard the orbiting laboratory communicate with NASA's Mission Control Center in Houston 24 hours a day through SCaN's (Space Communications and Navigation) Near Space Network. Research and technology investigations taking place aboard the space station benefit people on Earth and lay the groundwork for other agency missions. As part of NASA's Artemis campaign, the agency will send astronauts to the Moon to prepare for future human exploration of Mars, inspiring Artemis Generation explorers and ensuring the United States continues to lead in space exploration and discovery. See videos of astronauts aboard the space station at: View original content to download multimedia: SOURCE NASA
Yahoo
16-05-2025
- Science
- Yahoo
NASA, International Astronauts Address Students from New York, Ohio
WASHINGTON, May 16, 2025 /PRNewswire/ -- NASA astronaut Nichole Ayers and JAXA (Japan Aerospace Exploration Agency) astronaut Takuya Onishi will answer prerecorded questions submitted by middle and high school students from New York and Ohio. Both groups will hear from the astronauts aboard the International Space Station in two separate events. The first event at 10:20 a.m. EDT on Tuesday, May 20, includes students from Long Beach Middle School in Lido Beach, New York. Media interested in covering the event at Long Beach Middle School must RSVP no later than 5 p.m. Monday, May 19, to Christi Tursi at: ctursi@ or 516-771-3960. The second event at 11 a.m. EDT on Friday, May 23, is with students from Vermilion High School in Vermilion, Ohio. Media interested in covering the event at Vermilion High School must RSVP no later than 5 p.m. Thursday, May 22, to Jennifer Bengele at: jbengele@ or 440-479-7783. Watch both 20-minute Earth-to-space calls live on NASA STEM YouTube Channel. Long Beach Middle School will host the event for students in grades 6 through 8. The school aims to provide both the students and community with an experience that bridge gaps in space sciences with teaching and learning in classrooms. Vermilion High School will host the event for students in grades 9 through 12, to help increase student interest in science, technology, engineering, and mathematics career pathways. For more than 24 years, astronauts have continuously lived and worked aboard the space station, testing technologies, performing science, and developing skills needed to explore farther from Earth. Astronauts aboard the orbiting laboratory communicate with NASA's Mission Control Center in Houston 24 hours a day through SCaN's (Space Communications and Navigation) Near Space Network. Research and technology investigations taking place aboard the space station benefit people on Earth and lay the groundwork for other agency missions. As part of NASA's Artemis campaign, the agency will send astronauts to the Moon to prepare for future human exploration of Mars, inspiring Artemis Generation explorers and ensuring the United States continues to lead in space exploration and discovery. See videos of astronauts aboard the space station at: View original content to download multimedia: SOURCE NASA
Broadcast Pro
21-03-2025
- Business
- Broadcast Pro
ATLAS Space Operations partners with Viasat to support NASA missions
The collaboration aims to increase NSNs capacity and resilience for various missions, including climate studies, celestial object research and the Artemis campaign. ATLAS Space Operations has secured a contract with Viasat to provide mission-critical support for NASAs ongoing and future initiatives. As one of four commercial companies awarded the first round of Task Orders under NASAs Near Space Network (NSN) Services contract, Viasat will utilise its global Real-Time Earth (RTE) network to enhance NASAs Direct-to-Earth (DTE) capabilities. ATLAS will bolster Viasats efforts by offering additional network capacity and integrating its patented Freedom G-SaaS into the solution. Viasats initial Task Order focuses on supporting low Earth orbit (LEO) science missions through its scalable and high-throughput RTE architecture. This ensures NASA meets its stringent requirements for latency, accuracy and availability. By incorporating ATLAS Freedom Software, Viasats network gains enhanced flexibility, efficiency and adaptability in managing ground station operations. The added capacity from ATLAS Global Federated Network guarantees NASA continuous access to available antennas. Brad Bode, ATLAS Chief Technology Officer and Co-Founder, said: 'Teaming up with Viasats expert and forward-thinking team is always a privilege. NASAs selection of Viasat for Near Space Network (NSN) communications marks a pivotal shift toward commercial services, and our Freedom GSaaS is at the core of enabling this transition. By leveraging a software-defined, cloud-based architecture, we seamlessly integrate the Viasat RTE and ATLAS Global Federated Network, ensuring rapid scalability and adaptability. This approach accelerates NASAs ability to replace legacy processes, reducing operational overhead and delivering faster, more flexible mission supportfrom Earth orbit to cislunar space and beyond.' Steve Tanous, Vice President of Viasat RTE, added: 'We are thrilled to expand our already strong relationship with ATLAS through the NSN Services Contract. NASAs selection of Viasat validates our hybrid network approach that can deliver commercial and government customers alike with a more robust, resilient, and reliable ground service.' This partnership strengthens NSNs ability to support missions related to climate research, celestial observations and NASAs Artemis programme, marking a new chapter in the ongoing relationship between ATLAS and Viasat. While the initial Task Order covers LEO services, the broader five-year indefinite delivery, indefinite quantity (IDIQ) NSN contract includes an additional five-year extension option. With a maximum potential value of $4.82 bn over 10 years, shared among selected NSN contract recipients, the agreement could open further opportunities for expanded collaboration in the future.
