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Petr Sebrle
@petrsebrle · Oct 2

Rheinmetall $RHM.DE, in cooperation with Argotec, launched its first satellite to strengthen defence capabilities

Rheinmetall successfully launched its first satellite on 1 October using a SpaceX Falcon 9 rocket. This move marks the company's expansion into the space segment, where the satellite will serve to detect air threats and strengthen national security.

A community member's personal view, not investment advice. Community Guidelines

KJ
Kryštof Jáně @krystofjane Oct 6

Great job. At the same time, the stock is already fairly beaten down. It's another plus for the company's arsenal. However, the speed of clearing their backlog will remain a problem. Although it's at a record high, investors don't know how quickly the company can convert it into real money.

PS
Petr Sebrle @petrsebrle Oct 6

Although the backlog is growing, revenue growth is also accelerating significantly, so it's more of a pleasant concern.

VS
Vojtěch Šplíchal @vojtechsplichal Oct 3

I had no idea. Thank you!

PS
Petr Sebrle @petrsebrle Oct 4

I didn't know that either and I found it very interesting, because it could affect the valuation of the whole company in the future, so I posted the news here as well.

MS
Martin Sedláček @martinsedlacek Oct 2

Thanks for the message, I didn't even notice that the company also operates in the space segment. What do you think about the current valuation of $RHM.DE?

PS
Petr Sebrle @petrsebrle Oct 4

The current valuation already seems quite interesting to me given how the stock has fallen and also the growth of its backlog and global threats, so I already hold a small position here.

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