SatelliteLaunch News & Analysis
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Market Mood
Skyroot Launches 350kg Rocket, Joins U.S. and China in Space Market
Skyroot, an Indian space-tech startup, successfully test-launched a low-orbit rocket carrying a payload of 350 kilograms on Saturday. This event marks Skyroot as the first Indian private company with orbital launch capability, joining the ranks of U.S. and Chinese firms in the satellite launch market. The company plans to start commercial operations in 2027, aiming for one launch per month. This development is significant as it reflects India's growing presence in the global space industry, which may attract investments in space-related ventures.
Read More: Skyroot Launches 350kg Rocket, Joins U.S. and China in Space Market
AST SpaceMobile Stock Down 37% from 52-Week High Amid Capital Restructuring
AST SpaceMobile's shares have seen a pullback of approximately 37%, from a 52-week high of $129.30 on January 30 to around $81 recently. This decline follows a capital restructuring, including a $1 billion private offering of senior convertible notes due in 2036 and raising a total of $3.9 billion. The company reported a revenue increase to $70.9 million in 2025 from $4.4 million in 2024 but also recorded a net loss of over $340 million. The long-term net debt reached $2.2 billion, indicating potential challenges in funding future satellite launches.
Read More: AST SpaceMobile Stock Down 37% from 52-Week High Amid Capital Restructuring