Latest news with #OneWebLEO
Time of India
5 days ago
- Business
- Time of India
Nelco inks pact with Eutelsat for LEO satellite connectivity services across India
Synopsis Nelco, a Tata Group company, has partnered with Eutelsat. They will provide OneWeb LEO satellite connectivity across India. This will offer secure, low-latency connectivity for various sectors. Coverage will extend to remote regions and territorial waters. The partnership aims to strengthen India's digital infrastructure. It will also support national security.
Yahoo
27-03-2025
- Business
- Yahoo
Rocket Lab USA (NasdaqCM:RKLB) Surges 4% With Successful OroraTech Wildfire Detection Launch
Rocket Lab USA recently marked a successful satellite launch, enhancing its capabilities in real-time wildfire monitoring, which may have influenced its stock price, resulting in a 4% rise over the past week. Amidst a broader market backdrop showing mixed performance due to economic uncertainties and tariff-related concerns, Rocket Lab's technical advancements and increased launch cadence contrast with the broader tech sector's challenges, as seen with NVIDIA and AMD facing price slides. Rocket Lab's dedication to small satellite launches appears to align with its recent price performance, amid relatively flat market conditions. We've identified 2 warning signs with Rocket Lab USA and understanding the impact should be part of your investment process. The end of cancer? These 21 emerging AI stocks are developing tech that will allow early idenification of life changing disesaes like cancer and Alzheimer's. Over the course of the last year, Rocket Lab USA shares delivered a substantial total return of 369.57%, significantly outperforming both the US market and the aerospace and defense industry, which returned 8.5% and 18%, respectively. The increase in launch activities, such as the 'High Five' mission completed in March 2025, has been a highlight for the company. Additionally, Rocket Lab's revenue for 2024 surged to US$436.21 million from the previous year's US$244.59 million, reflecting strong demand for its services. Further supporting its price performance, the company's strategic move to introduce new software and solar technology, particularly its partnership with Airbus to supply solar panels for OneWeb LEO satellites, underscores its innovative efforts. Despite challenges, including a class action lawsuit filed in February 2025, Rocket Lab has maintained progress with significant contract agreements and an ambitious pipeline of launches. This combination of operational growth and client acquisition has positioned the company favorably in the market. Gain insights into Rocket Lab USA's historical outcomes by reviewing our past performance report. 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 NasdaqCM:RKLB. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
