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Intuitive Machines to acquire Goonhilly Earth Station, boosting lunar and deep space communication capacity.

Company Fundamentals
14 May 2026
GlobeNewsWire
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Bullish
pluang ai news

Intuitive Machines announced an agreement to acquire Goonhilly Earth Station Ltd and its US subsidiary COMSAT, expanding its global ground station network with 44 additional antennas. This acquisition will enhance Intuitive Machines' capabilities in deep space communications, data relay, and navigation for lunar and cislunar missions, supporting sustained operations and increasing contact opportunities. The deal, expected to close in Q3 2026 pending regulatory approvals, aims to create a resilient, integrated space-to-ground network for commercial, civil, and government customers, including support for Artemis and international lunar exploration missions.

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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
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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4 hours ago
Latham Group gains on new CEO and growth plan targeting 9% sales growth through 2026

Latham Group gains on new CEO and growth plan targeting 9% sales growth through 2026

Latham Group is rated a Buy as it implements a new CEO-led strategy focusing on expanding its core market, increasing presence in the southern U.S., adopting automatic pool covers, and pursuing mergers and acquisitions. Despite challenges in the depr...

Analyst Insights
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Bitcoin could drop to $38,000 by October if 2025-26 downturn mirrors 2022 bear market, says NYDIG.

Bitcoin could drop to $38,000 by October if 2025-26 downturn mirrors 2022 bear market, says NYDIG.

NYDIG projects Bitcoin might fall to $38,000-$39,000 by October 2026 if the current 2025-26 market decline matches the depth of the 2022 bear market. Bitcoin is currently trading near $64,500, down about 30% this year and roughly 50% below its Octobe...

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4 hours ago
PepsiCo rated strong buy with 13.7-18.2% growth forecast, driven by dividends, EPS, and undervaluation.

PepsiCo rated strong buy with 13.7-18.2% growth forecast, driven by dividends, EPS, and undervaluation.

PepsiCo is rated a strong buy due to its attractive combination of dividend yield, earnings growth, and undervaluation. The company is projected to achieve a forward compound annual growth rate (CAGR) between 13.7% and 18.2%, supported by dividend in...

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