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STMicroelectronics projects more than $3 billion in cumulative space business revenue between 2026 and 2028.

STMicroelectronics expects over $3 billion from space business between 2026 and 2028.

KEY POINTS
STMicroelectronics, a Franco-Italian chipmaker, projects more than $3 billion in cumulative space business revenue between 2026 and 2028, thanks to growing demand for low-Earth orbit satellite network chips. This announcement spurred a momentary 7% rise in stock prices, before closing with a 2.2% increase. Astronomers have discovered an atmosphere on another celestial body beyond Neptune, challenging previous assumptions that only Pluto had one in this region. The object, roughly 310 miles in diameter, may indicate that these remote bodies are more dynamic than previously thought. Renowned naturalist David Attenborough celebrates his 100th birthday. Known for his immense contribution to nature documentaries, Attenborough remains a dedicated advocate for environmental preservation. Anduril Industries announced its partnership with the U.S. Space Force to develop space-based interceptors as part of the Golden Dome initiative, enhancing missile defense capabilities. (With inputs from agencies.)
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