The Space Investor - 🚀 Carnival Goes 100% Starlink

View this email in your browser
The Space Scoop
Week Ended 05.17.2024
Happy Friday! Four space SPACs reported earnings this week, Starlink and Carnival Cruise's partnership is flourishing, and AST SpaceMobile shares ripped higher. Lets dive in.


Housekeeping: We are starting some backend changes this week and will also soon be out of the country so there will be no newsletter during the next two weeks. Look for us back in your inboxes on June 7th. See you soon!

Market Max-Q

Forward Forward

Top Stories

1) Carnival Cruise ($CCL) announced it has equipped 100% of cruise ships with Starlink.
  • The installation to the company's 90+ ship fleet follows "a surge in guest satisfaction and positive feedback from the super-fast and reliable Wi-Fi service onboard," which began via an initial test phase in December 2022.
     
  • "Starlink has been a game-changer for the onboard connectivity experience our cruise lines deliver to their guests" said the CEO of Carnival.

2) Q1 2024 space earnings season is nearing an end as four SPACs reported this week. Highlights include:
  • $LUNR
    • Cash & Equivalents: $55M
    • Revenue: $73M, +301% YoY
    • Oper. Loss: $(5)M vs $(14)M
    • Adj. EBITDA: $(1)M vs. $(14)M
    • Shares: -6%
       
  • $LLAP
    • Cash & Equivalents: $44M
    • Revenue: $27M, -3% YoY
    • Net Loss: $(53)M vs. $(54)M YoY
    • Adj. EBITDA: $(28)M vs. $(23)M
    • Shares: -14%
       
  • $SPIR
    • Cash & Equivalents: $76M
    • Revenue: $26M, +6% YoY
    • Net Loss: $(25)M vs. $(18)M
    • Adj. EBITDA: $(1) vs. $(7)M
    • Shares: -13%
       
  • $ASTS
    • Cash & Equivalents: $212M
    • Revenue: $500k vs. $0 YoY
    • OpEx:  $56M, +26% YoY
    • Net Loss: $(20)M vs. $(16)M
    • Shares: +69%

Chart of the Week

AST SpaceMobile Soars: Shares traded +101% this week, closing at $4.54 per share, following Q1 2024 earnings release and an announcement of a six-year agreement with AT&T “to provide a space-based broadband network direct to everyday cell phones.” (Source)

Links

• Redwire ($RDW) Announces Development of New VLEO Spacecraft Platform ‘Phantom’

• Terran Orbital ($LLAP) Is Awarded Subcontract by Lockheed Martin for SDA’s T2TL

• Sidus ($SIDU) Begins Payload Activation Upon Successful Completion of Commissioning Phase of LizzieSat-1

• Northrop Grumman ($NOC) Increases Quarterly Dividend 10%

• EchoStar ($SATS) Awarded US Navy Wireless & Telecom Contract with the Dept of Defense and Federal Agencies

• DISH TV and Hughes ($SATS) Debut Bundled Service Offering To Enhance Rural Connectivity

Opinion

• Virgin Galactic ($SPCE): The Guidance Looks Better Than Expected

• Rocket Lab ($RKLB): Significant Progress on Multiple Fronts

• What Is Going On with Mynaric ($MYNA)?

Earnings Calendar

$SIDU: May 20 - After Market Close
$VSAT: May 20 - After Market Close
$PL: June 6 - After Market Close


*Company confirmed dates only.
X
LinkedIn
Questions? Feedback? Just 'Reply' to this email.
Copyright © 2024

TheSpaceInvestor
400 E 20th St
New York, NY 10009-8101

Add us to your address book!

Unsubscribe

Disclaimer: The Space Investor ("TSI") does not provide financial advice. All content is for informational purposes only and is not a solicitation to buy or sell any assets. TSI is not a registered investment, legal, or tax advisor or a broker/dealer.

Older messages

🚀 Lockheed Drops Terran Bid

Friday, May 3, 2024

Plus SES acquires Intelsat, Astroscale eyes IPO, $SPIR secures multi-million dollar deal and more! The latest space investing news and updates. View this email in your browser The Space Scoop Week

🚀 Q1 2024 Space Earnings

Friday, April 26, 2024

Plus Seraphim Space's second investment fund, $MNTS listing deficiency warning, $RDW's new MoU, and more! The latest space investing news and updates. View this email in your browser The Space

🚀 Virgin To Face Delisting

Friday, April 19, 2024

Plus Q1 earnings kick off, SpaceX exec launches a new VC firm, Tether invests $30M in $SATL and more! The latest space investing news and updates. View this email in your browser The Space Scoop Week

🚀 SpaceX Financials Revealed

Saturday, April 13, 2024

Plus $ARKX buys 126k $RKLB shares, DISH's financing offer, Space Capital releases Q1 report, and more! The latest space investing news and updates. View this email in your browser The Space Scoop

🚀 Boeing Sues Virgin Galactic

Friday, March 29, 2024

Plus Boeing CEO to step down, $LUNR's $300M offering, three space SPACs report FY'2023 earnings, and more! The latest space investing news and updates View this email in your browser The Space

You Might Also Like

What’s 🔥 in Enterprise IT/VC #399

Saturday, June 22, 2024

Crossing the valley of death at boldstart, 28 years of inception investing in the enterprise captured in 100 minutes on The Peel Podcast ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

🤖 $33K MRR with a simple Slack bot

Saturday, June 22, 2024

+ Marketing cheat code for 1st time founders ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

🗞 What's New: Optimizing for the App Store

Saturday, June 22, 2024

Also: Are you sabotaging your success? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

❣️ , you need to hear this

Saturday, June 22, 2024

You'll thank me later Hey , If you want to start an ecomm biz, you don't have to go at it alone and “hope” you hold yourself accountable or stay motivated. Instead one of the fastest ways to

🚀 Electron's 50th Launch

Friday, June 21, 2024

Plus SEC goes after $VORB "investor", $PLTR partners with Starlab, $MYNA FY 2023 results, and more! The latest space investing news and updates. View this email in your browser The Space

The Series A Crunch or the Seedpocalypse of 2024

Friday, June 21, 2024

Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here.​ ​The Series A Crunch or the Seedpocalypse of 2024​ 2012 was the

The fediverse explained…in 2 minutes or less

Friday, June 21, 2024

Plus tips, news & Buffer updates for your social media journey ‌ ‌ ‌ Image Hey there 👋🏾 I'm writing this from my hotel room in Amsterdam, having kicked off my bucket-list European summer.

Issue #120 (Part 1): Building $1K-$10K MRR Micro SaaS Products around Real Estate Market, Personal Finance Co-Pilo…

Friday, June 21, 2024

Hi fellow founders! Welcome to the 126 new subscribers who joined us this week. We are 34000+ members now. We are excited to share the latest Micro SaaS news, Micro SaaS Ideas, and AI trends to help

10words: Top picks from this week

Friday, June 21, 2024

Today's projects: HackerNoon Mobile App • eBiz Facts • summate.io • Bot Badger • Mountainise • ChatGPTDuo • Kablio • SEOKEY • GameGuide AI • Atwood Enterprise • Collato • youdio 10words Discover

50% New Users Overnight… and a Burning Server — The Bootstrapped Founder 330

Friday, June 21, 2024

This week was a duality of extremes for me. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌