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Scandium Supply For The Department Of War, Psilocybin For Veterans, And Circle's New Blockchain

Scandium Supply For The Department Of War, Psilocybin For Veterans, And Circle's New Blockchain

The markets and trends that matter, made simple. Discover what’s next.

August 08, 2026

The Department of War Is Backing Robert Friedland’s Scandium Company

The United States Department of War’s Office of Strategic Capital has committed $400 million in conditional funding to Sunrise Energy Metals (ASX: SRL) to build out their scandium operations at their Syerston Scandium project located in Australia. Billionaire mining entrepreneur and founder of Ivanhoe Mines (TSX:IVN) Robert Friedland is one of the single largest shareholders of Sunrise Energy Metals.

Compass Pathways Launches New Psilocybin Study With U.S. Department of Veterans Affairs

Compass Pathways (NASDAQ: CMPS) partnered with the United States Department of Veterans Affairs on a multi-site randomized controlled clinical trial to evaluate the safety of psilocybin. The new study is aiming to evaluate the efficacy of Compass Pathways’ proprietary COMP360 synthetic psilocybin drug to treat treatment-resistant depression in veterans, including those with co-occurring PTSD.

BlackRock, Galaxy Digital and Mastercard Partner With Circle’s Arc Blockchain

Circle (NYSE: CRCL) publicly stated that they have partnered with eleven different institutions and digital asset companies as founding validators of their Layer 1 blockchain Arc, including BlackRock, Galaxy Digital (NASDAQ: GLXY), Mastercard (NYSE: MA), and Visa (NYSE: V). Circle’s Arc blockchain is aiming to put tokenized securities and stablecoin payments on their own network as well as institutional foreign exchange.

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The Sprint

AST SpaceMobile (NASDAQ: ASTS) successfully deployed three more of their Block 2 BlueBird satellites into orbit through a SpaceX (NASDAQ: SPCX) Falcon 9 launch.
Ondas' (NASDAQ: ONDS) subsidiary Sentrycs won a new deal from the Jacksonville Jaguars to deploy their counter-drone technology at the EverBank Stadium located in Jacksonville, Florida for NFL games.
Deep Fission (NASDAQ: FISN) received a new approval from the United States Department of Energy for their Nuclear Safety Design Agreement for their flagship small modular reactor known as the Gravity Reactor.
Energy Vault (NYSE: NRGV) landed a new deal to deploy 1.25 gigawatts of integrated power infrastructure and battery energy storage systems for a data centre located in Texas.
Path Robotics landed a deal with HII (NYSE: HII) worth up to $600 million to deploy autonomous welding robots and assembly automation across shipbuilding programs for the United States Navy.
Hyliion (NYSE: HYLN) has been awarded a $41.7M million contract from the United States Navy’s Office of Naval Research to design, develop and deliver two multi-megawatt KARNO Power Modules.
Rockstar Energy founder Russ Savage publicly stated that he has acquired a 4.7% equity stake in Celsius (NASDAQ: CELH), worth approximately $300 million.

The Markets This Week

+70.7% | Voyager Technologies

+58.3% | Telesat Corp.

+57.5% | Redwire Space

+52.8% | American Resources

+51.5% | Aeva Technologies

+48.3% | Helus Pharma

+44.2% | Coherent Corp.

+43.7% | Applied Optoelectronics

+40.9% | Talon Metals

+40.5% | T1 Energy

Top Trends This Week

+27.3% | Space Stocks

+24.2% | Silver Stocks

+23.7% | Rare Earth Elements

+21.8% | Critical Minerals

+21.1% | Optical Hardware Stocks

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