Category Space

Amazon’s move on Globalstar is not just another satellite headline. It is a deeper attempt to own spectrum, device-level connectivity, Apple continuity, and a bigger slice of the space economy at the same time. That has immediate implications for Globalstar, material strategic implications for Amazon, and a more complicated read-through for AST SpaceMobile.

Lonestar just expanded its StarVault relationship with Sidus, but the real question is not whether the story sounds exciting. The real question is whether Sidus can convert contracts, hosted payload wins and defense positioning into revenue before burn and dilution overwhelm the setup.

Momentus is still one of the most binary small-cap space stories on the board, but after the last two weeks it is harder to dismiss the company as a pure concept trade. The central reason is not a promotional headline. It is sequence. For a company like MNTS, sequence is everything.

Apollo was one of the defining achievements of the twentieth century, but it also left behind a strange inheritance. It proved that human beings could leave Earth, navigate across cislunar space, land on another world, and come home. Then, after proving it, the United States stopped going. The Moon remained in the cultural imagination, in schoolbooks, documentaries, museum halls, and old family conversations, but not in the rhythm of ordinary current events.

Firefly is easier to understand after March 2026 than it was a few months ago. Alpha Flight 7 reached orbit, delivered a Lockheed Martin payload, performed a stage-two relight, and validated key Block II upgrades ahead of Flight 8. That matters because the company badly needed a clean operational proof point after prior launch and test setbacks. The core story today is no longer “can Firefly do anything?” but “can Firefly string multiple wins together without burning too much cash along the way?”

Sidus Space has become one of those names that attract attention for a reason. It sits at the intersection of several powerful themes — small satellites, on-orbit processing, dual-use space and defense technology, edge AI, and the broader U.S. national-security buildout. But attractive themes alone are not enough. The real question for investors has always been simpler and harder at the same time: is Sidus merely assembling a compelling narrative, or is it actually building a business that can one day justify the story?

Virgin Galactic’s after-hours rebound was not about a sudden return to revenue. It was about a cleaner execution story: ticket sales reopened at $750,000 per seat, the first of the new SpaceShips is moving into ground testing in April, flight testing is still targeted for Q3 2026, commercial operations remain on track for Q4 2026, and the second ship is now framed for service between late Q4 2026 and early Q1 2027. In a stock as depressed and timeline-sensitive as SPCE, that combination was enough to trigger a sharp relief move.

Sidus Space heads into its March 31 earnings event with a familiar mix of promise and pressure. On one side, the company continues to build the narrative it wants the market to believe: a nimble space infrastructure player with satellite heritage, hosted payload capability, and a path toward recurring higher-value data services. On the other side, the financial picture remains fragile, commercial scale is still limited, and capital structure risk has become impossible to ignore.

The stock therefore sits in a classic micro-cap tension zone. Technical milestones and partnerships are real, but the real question is whether they are beginning to translate into more stable revenue visibility. That is why the upcoming earnings call matters so much. It is less about one quarter in isolation and more about whether management can narrow the gap between operational progress and financial credibility.

Spire Global is no longer an early-stage “space story” being valued on imagination alone. The company has already built and deployed one of the largest listening constellations in low Earth orbit, it has exited a major strategic restructuring, and it now trades on a far more concrete question: can the business convert its satellite infrastructure and government relevance into durable profitability?

That question became more important after the company’s fourth-quarter and full-year 2025 results on March 18, 2026. Reported fourth-quarter revenue was $15.8 million. Because the maritime business was sold in April 2025, the year-over-year comparison needs context: management highlighted that fourth-quarter revenue was up 44% versus the comparable ex-maritime base, while the company also improved non-GAAP gross margin to 43%, reduced operating cash outflow to -$4.3 million, and closed the year with $81.8 million in cash and no debt.