🚀 RKLB Readies Launch Complex 2

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The Space Scoop

Week Ended 11.25.2022

Happy Friday! And we hope our U.S. readers had a Happy Thanksgiving! 🦃 It was a quiet week so we have a short one for you today. Lets dive in.

📈 Market Max-Q

S&P 500: 4,026.11 +1.5%NASDAQ: 11,226.35 +0.7%UFO: 20.45 +0.6%ROKT: 39.53 +1.0%ARKX: 13.18 +0.1%SSIT: 50.00 -5.0%PL: 5.33 +4.5%MAXR: 23.80 -10.1%SIDU: 1.77 -11.7%SATX: 22.90 -46.6%1W return as of 4:00pm EDT.

🚀 Top Stories

1) Rocket Lab ($RKLB) was selected by NASA to launch the Time-Resolved Observations of Precipitation Structure and Storm Intensity with a Constellation of Smallsats (TROPICS) mission. 

• The program consists of four CubeSats in two low-Earth orbital planes, into their operational orbit within a 60-day period. These two dedicated missions will launch on Electron from Launch Complex 2 in Virginia scheduled to take place no earlier than May 1, 2023.

 2) Virgin Orbit ($VORB) announced that they evaluated the possibility a securities offering but due to "current market conditions," decided not to proceed.

• The company noted that any future capital raising transactions will depend upon future market conditions (of course).

 3) Sidus Space ($SIDU) signed an MOU with Capital C to provide maritime satellite design and surveillance.

• Sidus will assist in developing, delivering, and maintaining surveillance and tracking systems with software that utilizes satellite imagery, sensor data and data delivery.

• Sidus will also provide continued access to LEO satellite communications systems as well as the design and manufacture of specialized marine parts as a preferred vendor.

🛰️ In Other News

Rosotics Raises $750K Pre-Seed 

(PRNewswire)

The aerospace and defense focused additive manufacturing startup's Rapid Induction Printing™ requires significantly less energy and fewer material resources than current methods. The round was led by Draper Associates with participation from Correlation Ventures, Vibe Capital, and Sequoia Capital.

📊 Chart of the Week

The SpaceX Effect - Jeff Burke and Michael Madrid (Source)

🔗 Links

• Space Force Opens Door to Blue Origin With New Cooperative Agreement• Aerojet Rocketdyne ($AJRD) To Expand Huntsville Presence With Addition of 379K Sq. Ft.• Rocket Lab ($RKLB) Completes Final Launch Rehearsal Ahead of First Electron Mission From U.S. Soil• EchoStar ($SATS) and Maxar ($MAXR) Amend Agreement for Hughes JUPITER 3 Satellite Production• AST SpaceMobile ($ASTS) BW3’s Assembly, Launch, and Deployment• Redwire ($RDW) President & COO Andrew Rush Is Leaving the Company• Bessemer Ventures Sold 8.1M Shares of Its 65M Shares Stake in Rocket Lab ($RKLB)

🗣️ Opinion

• Here’s My Top Space Stock To Buy on the Dip• 1 Small Step for NASA, 1 Giant Leap for Space Stocks• The SpaceX Effect: Companies Founded by SpaceX Alumni• Artemis Launches Need To Set the World on Fire• Remarkable Pivot Happening in the National Security Space Business

📅 Earnings Calendar

• $PL: December 14 - After Market Close

*Company confirmed dates only.