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The Marked Chart Wire · Business
Joby Aviation
The company raised its operational testing ceiling to $50 million after completing a 6,665-mile autonomous flight tour. AFWERX funding will support software integration and expanded Pacific testing for uncrewed cargo operations.
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Joby Aviation
Joby Aviation CEO JoeBen Bevirt stated that aircraft demand is higher than the company can currently build. The stock, which has fallen more than 66 percent, faces a production ramp test in its third-quarter earnings report scheduled for Wednesday.
HotIonQ
IonQ finished buying cybersecurity firm Elisity in an all-stock transaction valued at $1.15 billion. The total could reach $1.3 billion if revenue targets are met by January 2028.
Ondas
Ondas won multimillion-dollar deals for portable detection and autonomous interception systems in Europe and Asia. The company did not disclose specific contract values or customer names.
SpaceX
SpaceX plans to deploy Qualcomm 5G equipment across up to 80,000 US cell sites starting in 2027. The arrangement pairs ground-based infrastructure with Starlink satellite links as the company expands its wireless operations.
GlobalFoundries
GlobalFoundries posted third-quarter revenue of $1.899 billion and adjusted EPS of $0.53, exceeding analyst forecasts. The chipmaker also secured a $2 billion multiyear contract to supply silicon interposers to TSMC.
HotAI Infrastructure
TeraWulf obtained credit support from Google to finance $19 billion in lease commitments and signed a construction deal with Fluor. The project involves three buildings in Kentucky with phased completions expected between late 2027 and mid-2028.
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