The recent award-winning spacecraft design by this company has an important business implication. It proves that the company’s engineers are able to plan low-cost missions in space. The contest which this company won had contestants from around the world. NASA was amongst the panel of judges. Therefore, the award is industry-wide recognition of the niche that this company has occupied.
The first fortnight of March 2008 has been extraordinary for the company. This bonanza started with a NASA contract to develop new hybrid rocket technology. The assignment will last for six months. It has revolutionary space applications, and will leverage the company’s strengths under the NASA umbrella.
The Air Force Research Laboratory Space Vehicles Directorate has chipped in with a valuable business contract for the company. The project relates to a new type of reflectors to be used on satellites. The major objective is to equip satellites with large, cost-effective, and deployable frames. The technology will enhance the versatility and durability of satellites.
The Department of Defense Operationally Responsive Space Office has chosen the company for its prestigious project for low-cost and commercial satellite operations. Jumpstart Mission is set to commence mid-2008, and has cornerstone defense and civilian business applications.
Three major projects in less than a fortnight cannot be a coincidence. Investors have to recognize that this stock is set for leadership in all business related to outer space. Profit and appreciation potentials of the stock have improved further as a result of these three lucrative government contracts.
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