Space Stocks Soar: AST Partners with Verizon, Firefly Aerospace Acquires SciTec

Rocket Lab's stock hits a new 52-week high, fueled by contract wins including a deal with Synspective. AST SpaceMobile surges after partnering with Verizon to extend the carrier's network coverage. Firefly Aerospace acquires SciTec for $855 million to advance its space services. Sidus Space is awarded a $21 million contract for fabrication and on-call services.

Rocket Lab Corp's (NASDAQ:RKLB) stock hit a new 52-week high on Thursday, fueled by a series of contract wins that have bolstered investor confidence. The end-to-end space company's stock has been on an upward trajectory, propelled by recent multi-launch agreements with Japanese satellite companies, solidifying its position in the commercial launch market Rocket Lab (RKLB) Stock Hits A New All-Time High: What's Going On?^[1].

The latest deal with the Institute for Q-shu Pioneers of Space (iQPS) for three dedicated Electron missions brings the total number of upcoming launches for iQPS to seven. This follows a landmark 10-launch contract with Synspective, Rocket Lab’s largest single-customer order to date. The company is also preparing for its next mission with Synspective, with a launch window scheduled to open on Oct. 14 Rocket Lab (RKLB) Stock Hits A New All-Time High: What's Going On?^[1].

Verizon announced a definitive commercial agreement with AST SpaceMobile (ASTS) to provide direct-to-cellular, space-based broadband service for Verizon customers across the U.S. starting in 2026. This collaboration positions AST SpaceMobile as a major player in the space-to-cellular market by unlocking coverage for remote and underserved locations through integration with Verizon’s expansive terrestrial network AST SpaceMobile (ASTS) Is Up 31.2% After Verizon Partnership for Direct-to-Cell Satellite Service – Has The Bull Case Changed?^[2].

Firefly Aerospace stock rose in premarket trading Monday after it said it would acquire advanced national security technologies company SciTec for $855 million. The acquisition enhances Firefly's ability to support a growing number of defense missions and provides it with a significant operational advantage, particularly in the space of software analytics and big data processing Firefly Aerospace Shares Takes Off on $855 Million Acquisition of SciTec^[3].

Sidus Space was awarded a $21 million contract for fabrication and on-call services, further underscoring the growing demand for space services and the increasing competition in the industry.

These developments highlight the robust growth and innovation within the space industry, as companies continue to secure new contracts and partnerships to expand their services and capabilities.