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This contract aims to strengthen the overall resilience and capability of the future navigation constellation, marking a solid step for the United States in maintaining its navigational advantage in the space domain. By deploying more advanced satellites, the system is expected to enhance the accuracy, security, and anti-jamming capabilities of positioning, navigation, and timing services, providing more reliable support for military and civilian users worldwide.

This issuance will include Class A common shares and accompanying pre-funded warrants, with the total funds expected to be raised reaching 10 million US dollars.

The aluminum price on the London Metal Exchange (LME) fell by 4.4%, with a final settlement price of $3,379.50 per ton, marking the lowest price since March 27. It is reported that the United States and Iran have reached a related agreement, which is expected to be officially signed this Friday. After the agreement takes effect, the Strait of Hormuz will reopen, while specific details of the agreement are still under negotiation. Previously, due to the Iran conflict, global aluminum supply sharply decreased: on one hand, aluminum smelters in the Middle East suffered capacity losses from missile attacks; on the other hand, the closure of the key shipping route through the Strait of Hormuz directly blocked the import of raw materials for aluminum production and the export of finished metal. Although related manufacturers made urgent logistics adjustments, using alternative routes to maintain basic factory operations, the conflict still caused a significant supply gap in the aluminum industry. The signing of this agreement between the United States and Iran will effectively ease the current supply pressure.