Keeping up with business and economy news from New Mexico
Provided by AGP
Five Public Space Names Catching the SpaceX IPO Tailwind — Including One Just Tapped for a Capability the U.S. Has Gone Without
Issued on behalf of Starfighters Space, Inc.
CAPE CANAVERAL, Fla., May 21, 2026 (GLOBE NEWSWIRE) -- World Street Intelligence News Commentary — The space sector enters this week with a structural lift few cycles have seen. A Yahoo Finance segment yesterday with ETF.com president Dave Nadig framed the looming SpaceX IPO as “rocket fuel” for space ETFs and the broader public space economy, noting that multiple ETF issuers are already positioning ahead of the debut. [1] SpaceX confidentially filed its S-1 on April 1, 2026, with public registration expected on EDGAR between May 18 and May 22. The targeted June Nasdaq listing aims to raise as much as US$75 billion at a US$1.75 trillion valuation — the largest IPO in history. [2]
Layered on top of that anchor are NASA's new Moon Base initiative, the Trump administration's Golden Dome missile defense program, an expanded Department of War hypersonic test budget, and a wave of record backlogs being posted across the publicly traded space cohort. Below: the single name that just stepped into a federal procurement opening, plus four others whose Q1 prints define the broader trade.
The Catalyst: A NASA RFI Meets a Falcon 50 at Cape Canaveral
Starfighters Space, Inc. (NYSE American: FJET) — operator of what its own filings describe as the world's fastest fleet of commercial supersonic aircraft — announced yesterday a signed Memorandum of Understanding with Mu-G Technologies, LLC and a joint response to a NASA Armstrong Flight Research Center Request for Information for Parabolic Flight Services. The RFI is the agency's signal that it wants the country's commercial microgravity capability rebuilt — a capability the U.S. has gone without since the last domestic operator exited the market. [3]
Under the MOU, Starfighters will host Mu-G's Dassault Falcon 50 at the Midland International Air & Space Port in Texas, where the aircraft will be modified to conduct parabolic test flights and worked through FAA certification. Starfighters provides ground support, chase plane and data collection, expert pilot integration, and safety and regulatory alignment. The combined offering covers four flight environments at one site: microgravity, reduced gravity, and hyper-gravity from the Falcon 50, plus the supersonic regime from Starfighters' F-104s. The NASA RFI specifically asks for “novel or non-traditional flight platforms.” [3]
Starfighters CEO Tim Franta and Mu-G founder Robert S. Ward have known each other for nearly thirty years through the Space Coast aerospace community. Franta took over as CEO in February 2026. [4] Starfighters already flies revenue missions for Lockheed Martin, Space Florida, and the U.S. Air Force Research Laboratory. [5] On May 7, it added two senior Blue Origin engineers to lead STARLAUNCH operations. [6]
Four Other Names Riding the Same Wave
M-tron Industries, Inc. (NYSE American: MPTI) — A U.S.-based designer and manufacturer of highly-engineered electronic components for the aerospace, defense, avionics, and space industries. On May 7, M-tron reported Q1 2026 revenue of US$14.7 million, up 15.3% year-over-year, with backlog of US$76.8 million, up 38.4% from the prior-year quarter. Net income per diluted share grew to US$0.67. The company also completed an April 27 rights offering, issuing 713,362 shares and adding approximately US$42.1 million in cash to the balance sheet. CEO Cameron Pforr called Q1 2026 the company's fourth consecutive record-revenue quarter. [7]
Sidus Space, Inc. (Nasdaq: SIDU) — A U.S.-based, vertically integrated space and defense technology company with LizzieSat microsatellites, the Fortis VPX edge-computing platform, and a 24/7 mission control center. On May 14, Sidus reported Q1 2026 revenue of US$359,000, up 51% year-over-year, with gross loss narrowed 36% and net loss reduced 19%. [8] Post-quarter, Sidus closed an April 21 registered direct offering for gross proceeds of US$58.5 million, leaving the company debt-free after repaying all term debt in January. The company is positioning into Missile Defense Agency programs including the SHIELD IDIQ tied to the Golden Dome architecture. [9]
Telesat Corporation (Nasdaq: TSAT) — One of the world's largest satellite operators and developer of the Telesat Lightspeed low-Earth-orbit constellation. On May 5, Telesat reported Q1 2026 revenue of CAD$87 million, with management reiterating 2026 financial guidance and progressing the Lightspeed program through manufacturing and ground-segment milestones. [10] The quarter added new commercial contracts including Northwestel, while management has flagged the ESCAPE government contract as a potential material catalyst into 2026. [11]
Momentus Inc. (Nasdaq: MNTS) — A commercial space company specializing in satellite technology, in-orbit services, and orbital transportation via its Vigoride Orbital Service Vehicle platform. Vigoride 7 successfully launched on March 30 aboard SpaceX Transporter-16 with 10 government and commercial payloads. Q1 2026 service revenue of US$3.2 million was up sharply from US$0.3 million in the prior-year period. [12] Management forecasts US$10.0 million in 2026 revenue (a 9x increase over 2025), with Vigoride 8 fully booked for 2027. Momentus holds active contracts with DARPA, U.S. AFRL SpaceWERX, the U.S. Space Force Space Development Agency, NASA, and the Missile Defense Agency, including SHIELD IDIQ access to a US$151 billion 10-year national defense contract vehicle tied to Golden Dome. [13]
The Read
When the anchor of a sector is going public at a US$1.75 trillion valuation, the comparable set for every adjacent name shifts. Starfighters Space, Inc. (NYSE American: FJET) is among the few publicly traded operators with a flying supersonic fleet today, real revenue from blue-chip aerospace customers, and active positioning into a NASA-defined commercial microgravity opening that does not currently exist domestically. The Mu-G MOU is the next concrete step. As always, investors should do their own research and consult a qualified financial advisor before making any decision.
For more information on Starfighters Space, Inc., visit: https://usanewsgroup.com/fjet-landing
Contact:
World Street Intelligence
info@worldstreetintelligence.com
604-265-2873
____________________
Sources:
[1] SpaceX IPO set to bolster space ETFs: What it means for investors - May 20, 2026
[3] https://ir.starfightersspace.com/news-events/press-releases
[4] Starfighters Space (FJET) CEO exits over board disagreements; new chief named - February 25, 2026
[5] Starfighters Space Demonstrates Commercial Supersonic Flight Capabilities Through GE’s Aerospace Test Program - January 5, 2026
[6] Starfighters Space Adds Blue Origin Leaders to Accelerate STARLAUNCH Development - May 7, 2026
[7] https://www.sec.gov/Archives/edgar/data/0001902314/000143774926015954/ex_934465.htm
[10] Telesat schedules first quarter 2026 earnings conference call for May 5, 2026 - April 21, 2026
[11] Telesat Earnings Call Transcripts - May 5, 2026
[12] https://www.sec.gov/Archives/edgar/data/0001781162/000114036126019009/ef20072374_ex99-2.htm
[13] Momentus (NASDAQ: MNTS) grows Q1 2026 revenue and removes prior going-concern doubt - May 13, 2026
DISCLAIMER / DISCLOSURE:
Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a digital media distribution and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
World Street Intelligence is a wholly-owned subsidiary of Creative Direct Marketing Group (“CDMG”). This article is being distributed by Market IQ Media Group (“MIQ”) on behalf of CDMG. MIQ has been paid a fee for Starfighters Space, Inc. advertising and digital media from Creative Direct Marketing Group (“CDMG”). There may be 3rd parties who may have shares of Starfighters Space, Inc. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article or email as the basis for any investment decision. The owner/operator of MIQ currently owns shares of Starfighters Space, Inc. that were purchased in the open market and reserves the right to buy and sell, and will buy and sell shares of Starfighters Space, Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company; no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been reviewed and approved on behalf of Starfighters Space, Inc. by CDMG; this is a digital media distribution.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
FORWARD-LOOKING STATEMENTS:
This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that demand for U.S. aerodynamic and hypersonic test infrastructure will continue to accelerate; that Starfighters Space, Inc.'s F-104 platform will provide testing capabilities at the cadence and conditions described; that the Company's expansion to Midland, Texas will proceed as planned; that the Company will retain and grow its existing customer base; that comparable companies will perform as expected. The forward-looking information contained herein is provided for the purpose of assisting the reader to understand the Company's business, however such information may not be appropriate for other purposes. Risks that could change or prevent these statements from coming to fruition include changing governmental laws and policies; the Company's ability to obtain and retain necessary licensing; political and competitive risks; failure of forecasts and assumptions to come to fruition; and other unforeseen circumstances. The publisher of this article does not take responsibility for the accuracy of any statements made by the issuing company or its representatives. Readers are cautioned not to place undue reliance on these forward-looking statements, and the publisher undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
