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  • New Spaceship Manufacturing In The US, Eric Sprott Is Coming For More Copper, And District Metals Looks To The Nasdaq

New Spaceship Manufacturing In The US, Eric Sprott Is Coming For More Copper, And District Metals Looks To The Nasdaq

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Virgin Galactic Has A New Spaceship Manufacturing Facility

Virgin Galactic (NYSE:SPCE) has officially completed construction of their new state of the art manufacturing facility located in Mesa, Arizona. Virgin Galactic is aiming to be a first mover in space tourism, and this new facility will significantly accelerate the production and assembly of their flagship Delta spaceships capable of transporting small groups of passengers safely into orbit.

Eric Sprott’s New Copper Fund Is Ramping Up

The Sprott Copper Trust (TSX:COP-U) has announced they will raise up to $500 million in new capital to purchase more physical copper. Global demand for copper has been on the rise, and the race to find significant copper deposits has led to innovative joint ventures and new exploratory technologies from some of the largest mining companies in the world, billionaire-backed startups, and public companies.

District Metals Is Looking Towards The Nasdaq First North Growth Market

District Metals (TSXV:DMX) has announced their intention to pursue a listing on the Nasdaq First North Growth Market in Sweden. District owns one of the most historically significant uranium deposits in Sweden known as the Viken Deposit, which spans over 9,000 hectares of land, and has a historical resource estimate indicating it contains approximately 1 billion pounds of uranium. The Swedish government has been under considerable pressure to remove their current ban on uranium mining due to the need for more nuclear power infrastructure in Europe and is expected to provide new policies on uranium mining in the near future.

The Sprint

  • Captions, an artificial intelligence video production startup, raised $60 million in a Series C financing round that included legendary Silicon Valley venture capital funds including a16z, Sequoia Capital, Kleiner Perkins and actor Jared Leto.

  • WonderFi Technologies (TSXV:WNDR) announced they will begin consistently purchasing Bitcoin and Ethereum to hold directly as assets, joining the trend of public companies opting for crypto reserves in addition to holding cash.

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