MDA Space has secured a $474 million contract increase to supply 27 additional MDA AURORA™ broadband satellites to Telesat, expanding the Telesat Lightspeed low Earth orbit constellation from 156 to 225 satellites. This expansion supports both commercial and military communications, including enhanced connectivity for the Canadian Armed Forces in the Arctic under the ESCP-P program. MDA Space will also lead the development of secure UHF and X-band satellite services for Canada, with manufacturing based in Montréal. The deal strengthens Canada's national defense capabilities and fulfills commitments to allied partners.
Jacob Dewitte, CEO of Oklo, sold 120,000 shares of the company, generating $4.6 million from the transaction. This significant sale may indicate a strategic move by the CEO or a personal financial decision. Investors will watch closely for any impact...
US lawmakers are under increasing pressure to implement regulations on artificial intelligence following alarming warnings from leaders of major AI companies like Anthropic, OpenAI, and xAI about the technology advancing too quickly and posing signif...
Groupe Dynamite remains a Buy, trading at about 9.7 times EBITDA, supported by strong double-digit same-store sales growth and a premiumization strategy. Despite the founder Lutfy cashing out, the company's effective inventory management, premium pri...
Anthropic, preparing for a $2.3 trillion IPO, faces a crisis after a safety researcher publicly warned that AI could pose an existential risk to humanity. This warning, shared in a viral resignation note, raises legal and disclosure challenges under ...
Altria continues to increase its dividend payouts even as U.S. cigarette shipments decline by 10% annually. The company offsets falling sales by raising cigarette prices faster than consumption drops, maintaining strong profit margins and boosting ad...
