- Shares surged 59% to $5.43 on Tuesday
Shares rose 59% to $5.43 after a new satellite reached orbit aboard a SpaceX Falcon 9 rocket. The 6U spacecraft, developed with FOSSA Systems and equipped with SEALSQ technology, will test defenses against cyber and quantum threats. The companies plan up to six such missions. The stock remains down 48% year to date.
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