Five Top Space Tourism Stocks to Buy and Hold Now May 08, 2023 - Baystreet.ca Space tourism stocks are ready for take-off. Should all go well, the industry could be worth up to $800 billion by 2030, says UBS, as reported by Forbes. By 2040, the industry could be worth $1 trillion, added Morgan Stanley. Plus, there’s already a good deal of pent-up demand. According to analysts at Cowen, 39% of people with a net worth of more than $5 million are already interested in paying at least $250,000 for a flight, says CNBC. Even billionaire-run companies, like Amazon (NASDAQ: AMZN), Tesla (NASDAQ: TSLA) CEO Elon Musk’s SpaceX, Virgin Galactic (NYSE: SPCE) are ready for lift-off. Even companies, like Maxar Technologies (NYSE: MAXR) (TSX: MAXR), and Maritime Launch Services Inc. (NEO: MAXQ) (OTCQB: MAXQF) are gearing up for big launches of their own. Look at Maritime Launch Services Inc. (NEO: MAXQ) (OTCQB: MAXQF), For Example Maritime Launch Services Inc., developer of Canada’s first commercial spaceport, Spaceport Nova Scotia, is pleased to announce that the maturity date of its outstanding convertible debentures has been extended by one year to May 7, 2024. In connection with the Extension, accrued interest of $612,000, being all interest owing as of May 7, 2023, will be settled through the issuance of 4,149,151 common shares. Additionally, and effective May 8, 2023, the interest rate on the Convertible Debentures will increase from 4.00% to 9.00% and will now be payable in semi-annually cash payments, with the first payment due December 31, 2023. Other related developments from around the markets include: With regards to Tesla’s Elon Musk’s SpaceX, “SpaceX’s Dragon will deliver new science investigations, food, supplies, and equipment for the international crew, including the next pair of IROSAs (International Space Station Roll Out Solar Arrays). These solar panels, which roll out using stored kinetic energy, will expand the energy-production capabilities of the space station. This will be the third set launching in the SpaceX Dragon’s trunk, and once installed, will help provide a 20% to 30% increase in power for space station research and operations.” With regards to Amazon’s Executive Chairman’s Blue Origin “A new mission to Mars will be launched by Blue Origin’s yet-to-be-tested New Glenn heavy-lift rocket, NASA announced. The award is part of NASA’s Venture-Class Acquisition of Dedicated and Rideshare launch services contract, which involves 13 companies and cannot break a ceiling of $300 million. Part of an effort by NASA not to over-rely on SpaceX rockets and help encourage competition in the private spaceflight sector, NASA’s Launch Services Program (LSP) awarded Blue Origin the launch contact for the Escape and Plasma Acceleration and Dynamics Explorers (ESCAPADE) mission,” as reported by Forbes. Maxar Technologies, provider of comprehensive space solutions and secure, precise, geospatial intelligence, announced that U.S. private equity firm Advent International, alongside minority investor British Columbia Investment Management Corporation completed their acquisition of Maxar. With the closing of the transaction, Maxar will remain a U.S.-controlled, owned and operated company. On December 16, 2022, Advent and Maxar announced that they had entered into a definitive merger agreement under which all outstanding shares of Maxar common stock would be acquired for $53.00 per share in cash, valuing Maxar at approximately $6.4 billion. Virgin Galactic announced the mission specialists who will take part in the upcoming Unity 25 mission. Unity 25 is the final assessment of the full spaceflight system and astronaut experience ahead of the first commercial flight, ‘Galactic 01’, planned for late June. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Maritime Launch Services Inc. by a third party. We own ZERO shares of Maritime Launch Services Inc. Please click here for full disclaimer. Contact: Ty Hoffer Winning Media281.804.7972[email protected]
Five Top Space Tourism Stocks to Buy and Hold Now May 08, 2023 - Baystreet.ca Space tourism stocks are ready for take-off. Should all go well, the industry could be worth up to $800 billion by 2030, says UBS, as reported by Forbes. By 2040, the industry could be worth $1 trillion, added Morgan Stanley. Plus, there’s already a good deal of pent-up demand. According to analysts at Cowen, 39% of people with a net worth of more than $5 million are already interested in paying at least $250,000 for a flight, says CNBC. Even billionaire-run companies, like Amazon (NASDAQ: AMZN), Tesla (NASDAQ: TSLA) CEO Elon Musk’s SpaceX, Virgin Galactic (NYSE: SPCE) are ready for lift-off. Even companies, like Maxar Technologies (NYSE: MAXR) (TSX: MAXR), and Maritime Launch Services Inc. (NEO: MAXQ) (OTCQB: MAXQF) are gearing up for big launches of their own. Look at Maritime Launch Services Inc. (NEO: MAXQ) (OTCQB: MAXQF), For Example Maritime Launch Services Inc., developer of Canada’s first commercial spaceport, Spaceport Nova Scotia, is pleased to announce that the maturity date of its outstanding convertible debentures has been extended by one year to May 7, 2024. In connection with the Extension, accrued interest of $612,000, being all interest owing as of May 7, 2023, will be settled through the issuance of 4,149,151 common shares. Additionally, and effective May 8, 2023, the interest rate on the Convertible Debentures will increase from 4.00% to 9.00% and will now be payable in semi-annually cash payments, with the first payment due December 31, 2023. Other related developments from around the markets include: With regards to Tesla’s Elon Musk’s SpaceX, “SpaceX’s Dragon will deliver new science investigations, food, supplies, and equipment for the international crew, including the next pair of IROSAs (International Space Station Roll Out Solar Arrays). These solar panels, which roll out using stored kinetic energy, will expand the energy-production capabilities of the space station. This will be the third set launching in the SpaceX Dragon’s trunk, and once installed, will help provide a 20% to 30% increase in power for space station research and operations.” With regards to Amazon’s Executive Chairman’s Blue Origin “A new mission to Mars will be launched by Blue Origin’s yet-to-be-tested New Glenn heavy-lift rocket, NASA announced. The award is part of NASA’s Venture-Class Acquisition of Dedicated and Rideshare launch services contract, which involves 13 companies and cannot break a ceiling of $300 million. Part of an effort by NASA not to over-rely on SpaceX rockets and help encourage competition in the private spaceflight sector, NASA’s Launch Services Program (LSP) awarded Blue Origin the launch contact for the Escape and Plasma Acceleration and Dynamics Explorers (ESCAPADE) mission,” as reported by Forbes. Maxar Technologies, provider of comprehensive space solutions and secure, precise, geospatial intelligence, announced that U.S. private equity firm Advent International, alongside minority investor British Columbia Investment Management Corporation completed their acquisition of Maxar. With the closing of the transaction, Maxar will remain a U.S.-controlled, owned and operated company. On December 16, 2022, Advent and Maxar announced that they had entered into a definitive merger agreement under which all outstanding shares of Maxar common stock would be acquired for $53.00 per share in cash, valuing Maxar at approximately $6.4 billion. Virgin Galactic announced the mission specialists who will take part in the upcoming Unity 25 mission. Unity 25 is the final assessment of the full spaceflight system and astronaut experience ahead of the first commercial flight, ‘Galactic 01’, planned for late June. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Maritime Launch Services Inc. by a third party. We own ZERO shares of Maritime Launch Services Inc. Please click here for full disclaimer. Contact: Ty Hoffer Winning Media281.804.7972[email protected]