Page 18 - Stable Road News Today : Breaking News, Live Updates & Top Stories | Vimarsana

January 25, 2021 The Russian founder and CEO of Momentus Space resigned today after investigations into his access to restricted space technology interfered with his company’s attempt to go public through a purchase by a blank-check company. The company’s board said Mikhail Kokorich’s resignation came in “an effort to expedite the resolution of U.S. government national security and foreign ownership concerns surrounding the Company, the existence of which the Company recently has confirmed.” Quartz first reported these concerns in Nov. 2020, detailing how Kokorich started Momentus t...

New Providence Acquisition Corp pairs sky-high hopes with blue-sky promises -- and its stock is rocketing into orbit.

Top 10 Space Commerce Events & SciFi Movies, Space Documentaries and Series for 2020 As humans, if we are able to imagine it, we suddenly become closer to being able to build it” — Michael PotterAUSTIN, TEXAS, UNITED STATES, January 1, 2021 /EINPresswire.com/ -- The Institute of Space Commerce (ISC) has announced its final winner of Best Outer Space Films of 2020. The Institute’s co-Founder, Chris Stott declared, “Life does imitate art, and the Institute’s choices for the Best Outer Space Entertainment of 2020 hold this truth at their core. We are nothing without our story tellers....

Now what NPA says the new IPO, tickered "ASTS," will come public with a $1.8 billion market capitalization and a $1.4 billion enterprise value, of which $462 million will be cash that AS&T can use to build its business. The company's aim will be to address a $1 trillion need to enable cellphones that are already in existence to communicate with each other via satellite. Those are some big numbers, and they may be the reason that investors in other "space stocks" are getting excited about the emerging space economy. The more money that pours into this sector, so the thinking may go, the more m...

Space-Based Internet Start-Up AST To Go Public Via SPAC Deal By Lou Whiteman 12/17/20 AT 1:25 AM AST & Science, a company trying to deliver broadband-speed internet to smartphones without any additional equipment, is jumping on the SPAC train, agreeing to a deal with special purpose acquisition company New Providence Acquisition (NASDAQ:NPA) that would take the company public. AST is developing a constellation of satellites it calls SpaceMobile that it says will allow terrestrial phones to access 5G broadband speeds. There are a number of existing services that offer high-speed int...