![]() So investing in Blue Origin isn’t something you can do right now. There is no “Blue Origin stock,” and Amazon’s connection to it is through Jeff Bezos. FocusPoint provides a comprehensive risk consulting service that is a great compliment to the connectivity we provide our customers.” Will The Blue Origin Space Launch Send Penny Stocks Skyrocketing? In its press release, Globalstar CEO David Kagan said, “Many of our users partake in extreme sports and engage in higher than average travel frequency, making this offering a service that can help further improve our customers’ peace of mind. Hot Penny Stocks to Buy For a Market Rebound? 3 to Watch Their focus will be on addressing incidents caused by “hazardous summer and winter sports” as well as natural disasters and even pandemics. According to the company, its customers will now have access to a team of medical, security, and crises response specialists. The company will offer crisis assistance services under the Global Overwatch & Rescue Plan to Globalstar customers. Earlier this month, the company announced a new partnership with FocusPoint International. ![]() These include transportation, government, maritime, and even outdoor recreation. The company serves a wide range of industries. However, sympathy sentiment for companies in related industries could be something to keep in mind, especially today. ![]() Like most of the names on this list of penny stocks, Globalstar doesn’t directly connect to the Blue Origin rocket launch. One of the reasons being that the company provides satellite solutions for its customers. One of the more clear-cut companies that could be in focus today is Globalstar. On top of this, SuperCom also secured a contract valued up to $4 million for a project in California. This came after several recent contract wins with the Finnish government to deploy its PureSecurity monitoring for public safety and prison use. In a statement last month, CEO Ordan Trabelsi said, “Numerous wins in government tenders displacing our competition, proprietary technology introducing new abilities and superior performance, and a growing need of nations to utilize electronic monitoring and cybersecurity technology have positioned us with an opportunity to scale up and grow our market share.” Its recent $5 million raise has been earmarked for corporate growth. SuperCom has also worked to gain positioning in the cybersecurity sector. The company’s solutions have been deployed across several industries, including governments and organizations in the public and private sectors. In the case of SuperCom, the company provides safety and identification solutions. You don’t want just anyone getting into the cockpit or space lab, obviously. Not only that, but security is one of the most important things to consider when dealing with aerospace events. While SuperCom may not provide the Blue Origin rocket its products, it is in an industry that could gain traction thanks to new applications. Will These Penny Stocks Skyrocket After The Blue Origin Rocket Launch?Ĭommunications systems are one of the more obvious necessities for aerospace applications. Thanks to growing interest from Blue Origin, Virgin Galactic, SpaceX, and others, there could be a bright future ahead for many companies. In this article, we’re going to take a look at several penny stocks to watch as the space race gets off the ground. You’ve got to consider the entire supply chain that ranges from the rocket itself to all of the monitoring technology going into the launch altogether. Small Cap Biotech Stocks Should Be On Your Watch List In 2021 & Here’s Why The fact is that there are plenty of moving parts that go into a space launch. Everything from semi-conductor stocks, rare earth metals, and communications stocks could experience some sympathy interest. With companies like Blue Origin and Virgin Galactic marking the dawn of a new era for space tourism, there’s a lot to consider when it comes to the stock market today. Is The Blue Origin Rocket Launch Good For Stocks? Branson’s own maiden voyage marked the official launch of space tourism. Earlier this month, Virgin Galactic ( NYSE:SPCE) founder Sir Richard Branson became the first space billionaire. This is the latest in a string of billionaire space tourism launches. This will be the first spaceflight for Blue Origin, which will carry founder Jeff Bezos, brother Mark, aviation pioneer Wally Funk & the son of Somerset Capital Partners CEO (Joes Daemen), Oliver Daemen. Who Will Be On The Blue Origin Rocket Launch? The company is set to begin covering the launch at 7:30 AM on its YouTube page. The launch into space is scheduled for 9 AM Eastern time. Tuesday marks the maiden voyage for Amazon ( NASDAQ:AMZN) founder Jeff Bezos and his Blue Origin rocket.
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