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Iridium Communications Inc

SpaceX, T-Mobile send first texts via Starlink satellites

SpaceX founder Elon Musk and T-Mobile CEO Mike Sievert on stage during a T-Mobile and SpaceX joint event in Boca Chica Beach, Texas, on Aug. 25, 2022.Michael Gonzalez | Getty ImagesSpaceX successfully sent text messages via Starlink satellites using T-Mobile's network, it announced Wednesday, as Elon Musk's company aims to bring its direct-to-device cell service to market in the coming year.The recent test comes as major players pursue the market to connect unmodified phones directly to satellites, a nascent subsector of…

Iridium, Qualcomm end satellite-to-phone partnership

A Qualcomm sign is pictured at the Mobile World Congress in Shanghai.Aly Song | ReutersU.S. semiconductor giant Qualcomm ended its partnership with satellite communications company Iridium to provide satellite-to-phone services, Iridium announced on Thursday.Iridium stock fell more than 8% in after-hours trading from its close at $37.14 a shareThe company said that while the parties "successfully developed and demonstrated the technology," smartphone makers "have not included the technology in their devices," leading…

Cramer's lighting round: Teck Resources is a buy

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong…

Space race to connect satellites to phones with Apple, SpaceX, AT&T

The race to provide high-speed internet from satellites is well underway – but another, more ambitious competition, to connect directly from space to devices like smartphones, began in earnest earlier this year.The potential untapped market — which hinges on, but extends beyond, sending a text via space — is spurring a tale of two strategies: Those putting specialized antennae in phones, versus those putting high-powered antennae on the satellites themselves. For some companies, it means billions spent on what could end…

Western Union is not a buy

Plug Power Inc: "It's losing money. And when a stock is losing money, it goes down."Cameco Corp: "They did a really lousy deal with ... I would never have done that deal if I were them."Western Union Co: "I used to believe in them. ... But they have no growth whatsoever. We can't own stocks that have no growth in a period of Fed tightening."Roblox Corp: "It's a fabulous company, but it doesn't make money, and that's a problem."Jim Cramer's Guide to InvestingClick here to download Jim Cramer's Guide to Investing at no…

Cathie Wood’s Ark buying Rocket Lab stock, a space SPAC

A look at the company's production floor shows a series of Electron boosters, with the typical black carbon fiber rockets in the foreground and a metallic-looking reusable booster in the center.Rocket LabCathie Wood's Ark Invest is dipping back into a space SPAC, with two of the firm's funds buying up stock in Rocket Lab the past two days.Ark's exchange-traded funds ARKQ and ARKX – which focus on autonomous technology and space exploration, respectively – bought about 729,000 shares of Rocket Lab in trades on Monday and…

Mixed performance with progress and delays

The company's Electron rocket carrying the CAPSTONE mission lifts off from New Zealand on June 28, 2022.Rocket LabThe second quarter was a mixed bag for space companies, with some firms posting steady progress while others faced setbacks.Most space stocks, many of which went public last year through SPAC deals, are struggling despite the industry's growth, off 50% or more since their market debut. The shifting market environment and climbing interest rates have hit technology and growth stocks hard, weighing on space…

Performance during supply chain disruptions

Virgin Orbit's modified 747 jet "Cosmic Girl" releases the company's LauncherOne rocket for a mission on January 13, 2022.Virgin OrbitSpace companies reported results for the first quarter of the year over the past several weeks – with many CEOs complaining of supply chain disruptions pushing back hardware deliveries and launch schedules."Everyone's getting delayed. I haven't heard from a single satellite operator in the last 12 months – whether they're a new entrant, whether they're longstanding operators – everyone's…