Signals
Changes detected by deterministic rules over canonical launch, contract and filing data — each with its evidence. Status shows whether a person has reviewed it; confidence is not severity.
Redwire prepaid $40M of term debt and upsized its revolver to $50M
On 30 June 2026 Redwire's subsidiary borrowers amended their February 2026 amended and restated credit agreement with JPMorgan Chase as administrative and collateral agent. The revolving facility increased from $30M to up to $50M, and the company made a $40M prepayment on the term loans, reducing the term loans to $50M. Disclosed in an 8-K filed 1 July 2026. The Item 2.03 "direct financial obligation" disclosure is a boilerplate incorporation by reference; the net effect is less term debt and more revolver capacity, not new net borrowing.
Intuitive Machines bought Goonhilly Earth Station and COMSAT, adding 90+ antennas
On 3 August 2026 Intuitive Machines closed the acquisition of Goonhilly Earth Station Limited (UK) for £37.0M, split equally between cash and stock, and of COMSAT LLC for a $10M base cash price subject to adjustments for cash, debt, working capital and specified capex. The combined assets include over 90 hosted and leased antennas across US and UK sites plus deep-space tracking, telemetry and command, PNT and space-domain-awareness data services. The company states it will use the expanded network for its upcoming IM-3 and Altus-1 missions.
Intuitive Machines' backlog reached $1.76B, up from $213M at year-end 2025
Q2 2026 results (8-K filed 13 August 2026): contracted backlog of $1.76B as of 30 June 2026 against $213.1M at 31 December 2025, after $920M of awards booked in the quarter. Revenue was $206.2M versus $50.3M a year earlier. The company guided to full-year 2026 revenue of $900M-$1B with positive adjusted EBITDA. Net loss attributable to the company was $46.4M and cash fell to $367.4M from $582.6M at year-end. Cited awards include a $600M+ contract for three commercial GEO satellites and NASA's LROC and ShadowCam imaging contracts.
Spire says WildFireSat cancellation was the primary driver of a 16-point gross-margin decline
In its Q2 2026 results (8-K filed 12 August 2026) Spire said the WildFireSat contract, which "was cancelled for convenience in the second quarter," was the primary driver of the quarter's gross-margin decline: GAAP gross margin fell 16 points year over year to 34%, non-GAAP fell 14 points to 38%. Q2 revenue was $18.0M, down 6% year over year. Spire reaffirmed full-year 2026 revenue guidance of $75-85M and reported $91.7M in cash with no debt. The filing does not name the customer or state this was the decline's sole cause.
Momentus cancelled an unused $50M equity purchase facility with no penalty
On 21 August 2026 Momentus terminated the September 2025 equity purchase agreement with Yield Point NY LLC, which had given it the right, but not the obligation, to sell up to $50M of Class A stock over time. The company said it had never drawn on the facility and no longer intended to use it, and the filing states no early-termination penalties were incurred.
Momentus raised ~$25M more in a June 2026 registered offering at $13.50/share
On 11 June 2026 Momentus agreed to sell 1,851,852 Class A shares at $13.50 in a registered direct offering off its Form S-3 (File No. 333-296218, effective 4 June 2026), closing 15 June for approximately $25M gross. A.G.P./Alliance Global Partners acted as placement agent for a 7.0% cash fee plus 92,592 warrants exercisable at $14.85. Stated use of proceeds: general corporate purposes. This is a second ~$25M raise three weeks after the 26 May private placement, priced 59% higher.
Momentus raised ~$25M in a May 2026 private placement at $8.50/share
On 26 May 2026 Momentus signed a securities purchase agreement with institutional investors for 2,173,420 Class A shares at $8.50 plus 768,580 pre-funded warrants, closing 28 May for approximately $25M gross before placement-agent fees. Stated use of proceeds includes repaying principal on existing indebtedness, capital expenditures and working capital. Unregistered, relying on Rule 506(b). Disclosed in an 8-K filed 29 May 2026.
5x Astranis MicroGEO: March 2027 target replaced with a vaguer 2026 estimate
March 2027 target replaced with a vaguer 2026 estimate
Astra Rocket 4 (Maiden Flight): target moved from 2026 into Q1 2027
target moved from 2026 into Q1 2027
Stoke Space Nova (Demo Flight): target moved from 2026 into Q1 2027
target moved from 2026 into Q1 2027
MKA Kinosputnik, KOEN and others: no longer has a firm date — 19 Nov 2026 target replaced by a 2027 estimate
no longer has a firm date — 19 Nov 2026 target replaced by a 2027 estimate
Owl By The Dozen (StriX Launch 12): target moved from October 2026 into 19 Sep 2026, 03:15 UTC
target moved from October 2026 into 19 Sep 2026, 03:15 UTC
QuickSounder: target moved from 2026 into 15 Feb 2027
target moved from 2026 into 15 Feb 2027
AST SpaceMobile: results of operations and financial condition
Form 8-K filed 2026-08-10 reporting results of operations and financial condition (2.02).
AST SpaceMobile: material definitive agreement entered
Form 8-K filed 2026-07-20 reporting material definitive agreement entered (1.01); direct financial obligation created (2.03); unregistered sale of equity securities (3.02).
AST SpaceMobile: results of operations and financial condition
Form 8-K filed 2026-07-15 reporting results of operations and financial condition (2.02).
Satellogic: director or officer departure or election
Form 8-K filed 2026-09-08 reporting director or officer departure or election (5.02).
Satellogic: results of operations and financial condition
Form 8-K filed 2026-08-05 reporting results of operations and financial condition (2.02).
Kratos Defense: results of operations and financial condition
Form 8-K filed 2026-08-04 reporting results of operations and financial condition (2.02).
Iridium Communications: material definitive agreement entered
Form 8-K filed 2026-09-15 reporting material definitive agreement entered (1.01).