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Space Stocks (NASDAQ: ASTS, NASDAQ: RKLB, NYSE: RDW) Surge In August As SpaceX Lockup Expiration Weighs On (NASDAQ: SPCX)
['David Prior']
Foreign Policy Journal
Publicly traded space companies are posting strong weekly gains driven by satellite launches, major defense contracts, earnings beats, and fresh lunar program milestones.
Voyager Technologies (VOYG) led all space names with a 54% weekly return, followed by Redwire (NYSE: RDW) at 38%, AST SpaceMobile (NASDAQ: ASTS) at 29%, and Rocket Lab (NASDAQ: RKLB) at 28%.
SpaceX (NASDAQ: SPCX) was the lone decliner among major space names, falling 4% over five sessions as its first post-IPO lockup expiration overshadowed strong quarterly results.
Redwire reported record second-quarter revenue of $117.1 million, beating the $107.7 million analyst consensus, with gross margin improving to 27.8% from negative 30.9% in the prior year period.
Voyager reported record revenue of $52.7 million, bookings of $113 million, and a backlog of $336 million, prompting the company to raise its 2026 revenue forecast to $275 million to $305 million.