US Stock Market Move | Space concept stocks rose in early trading, with BlackSky Technology (BKSY.US) surging nearly 20%.
On Monday, US stocks related to space concepts rose in early trading.
On Monday, US space concept stocks were up at the beginning of the trading session, with BlackSky Technology (BKSY.US) surging nearly 20%, Redwire (RDW.US) rising over 7%, Rocket Lab (RKLB.US) up nearly 7%, and AST SpaceMobile (ASTS.US) rising nearly 6%. In recent news, BlackSky Technology announced that they have activated their third third-generation satellite for commercial use 21 days after launch. The company stated that this satellite expands access to 35 cm high-resolution imagery and automated artificial intelligence analysis through their Spectra platform.
Furthermore, the US is pushing for the largest space militarization deployment since the Cold War. President Trump had previously signed an executive order prioritizing manned moon missions, establishing a lunar base, and space weapon defense, leading the Pentagon to announce a $3.5 billion military satellite order, signaling the integration of civilian space exploration and military strategy at an unprecedented speed in the US.
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