Space includes companies engaged in space exploration, launch providers, the defense industry, satellite technology, and commercial products and services, such as satellite internet and space tourism. Space companies operate in a rapidly growing sector with increasing demand for satellite services, space exploration, and technology innovations. Their diverse revenue streams, government contracts, and global reach make them appealing to investors seeking long-term opportunities.
ntuitive Machines (LUNR) said Tuesday that it has qualified the VR900 engine for its IM-2 lunar mission using an in-house test.
The engine completed a full-duration hot-fire test that confirmed increased engine performance following design modifications, the company said.
This engine qualification advances the development of the VR3500 engine for cargo delivery including lunar terrai...
The $Dow Jones Industrial Average(.DJI.US)$ closed at a new record high of 40,211.72, gaining 0.5%. The $S&P 500 Index(.SPX.US)$ rose 0.3%, and the $Nasdaq Composite Index(.IXIC.US)$ increased by 0.4%. This rally was driven by investor optimism about potential rate cuts and positive earnings reports from major banks.
Key Drivers
1. Federal Reserve’s Stance on Inflation:
• Event: Fed Chairman Jerome Powell...
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