Orbit International reported a Q1 2026 net loss of $1.55 million, improved from a $2.15 million loss the previous year, driven by higher sales of $5.25 million and a 7.3% increase in backlog to $13.2 million. The company faced delays in its Orbit Instrument division due to contract timing but saw stronger sales and profitability in its Power Group and Simulator Product Solutions segments. Management expects continued improvement in bookings and operating results throughout 2026, despite ongoing uncertainties with government contracts. Cash stood at $389,000 with borrowings of $3.73 million under a $4.5 million credit line as of March 31, 2026.
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
Bitcoin (BTC) is showing signs of recovery after a prolonged downtrend, breaking above its 26-day and 50-day exponential moving averages (EMAs) near $63,400 and $64,100 respectively. This technical rebound suggests strengthening short-term momentum a...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...
