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Astrotech proposes $20M NASA-funded lunar tech demo under CLPS2 to boost Moon industrial plans

Market News
30 Jun 2026
GlobeNewsWire
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Bullish
pluang ai news

Astrotech Corporation has submitted a proposal to NASA's Commercial Lunar Payload Services 2 (CLPS2) program seeking about $20 million in non-dilutive funding for Phase 1 lunar technology demonstrations. This initiative is part of Astrotech's broader strategy to develop lunar resource extraction, materials processing, and advanced manufacturing capabilities on the Moon, including potential production of ultra-pure silicon wafers for quantum computing and AI. The proposal aligns with NASA's Artemis campaign and growing commercial lunar infrastructure efforts, aiming to establish recurring lunar missions and industrial operations. While the proposal marks a significant step, NASA's selection and funding decisions are still pending.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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2 hours ago
UnitedHealth beats Q2 earnings estimates, raises 2026 profit outlook with AI-driven cost control.

UnitedHealth beats Q2 earnings estimates, raises 2026 profit outlook with AI-driven cost control.

UnitedHealth Group reported second-quarter earnings that surpassed expectations, driven by better management of high medical costs and AI investments to streamline operations. The company raised its 2026 adjusted earnings forecast to $19.50-$20 per s...

Company Fundamentals
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4 hours ago
Meta Platforms upgraded to buy on cloud business entry and strong cash flow outlook

Meta Platforms upgraded to buy on cloud business entry and strong cash flow outlook

Meta Platforms has been upgraded to a buy rating due to its new cloud business, which is expected to stabilize cash flow and improve profitability. Despite heavy capital expenditures, Meta maintains strong free cash flow margins and operational effic...

Analyst Insights
Bullish
4 hours ago
Alnylam Pharmaceuticals rated BUY despite recent stock drop, backed by strong drug sales and solid finances.

Alnylam Pharmaceuticals rated BUY despite recent stock drop, backed by strong drug sales and solid finances.

Willow Tree Research initiates coverage of Alnylam Pharmaceuticals with a non-consensus BUY rating, viewing the recent stock price decline as an overreaction. The company’s drug AMVUTTRA holds a near-term commercial monopoly in TTR silencing, with st...

Analyst Insights
Bullish
4 hours ago
SpaceX stock dips below IPO price amid investor concerns over losses and valuation.

SpaceX stock dips below IPO price amid investor concerns over losses and valuation.

SpaceX shares fell below their IPO price of $135 for the first time, dropping to $132.28 before closing slightly above at $135.27. The stock is down about 16% from its June 12 closing price and 36% from its peak on June 16. The decline reflects inves...

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Bearish
4 hours ago
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