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Stock impact report

Why Honda is suddenly launching reusable rockets [Verge, The]

Liberty Media Corporation - Series C Liberty Formula One (FWONK) 
Last liberty media corporation - series c liberty formula one earnings: 2/28 09:43 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.libertymedia.com/releases.cfm?view=all
Company Research Source: Verge, The
In June of this year, Honda launched and landed a prototype, 20-foot-long reusable rocket at its research facility in Hokkaido, Japan's northernmost island. Though the company is known mainly as an innovative and iterative carmaker, it is also a transportation conglomerate, having developed and produced motorcycles, scooters, e-bikes, ATVs, boat motors, and even jets. Its skunkworks R&D center built the world's first in-car navigation system the first mass-produced automatic braking system , and the first production Level-3 autonomous driving system . Still, aiming toward the stars and potentially launching a competitor to Elon Musk's SpaceX seemed to stretch beyond even Honda's wildly diversified capabilities. Yet according to Kazuo Sakurahara — a former director of Honda's Formula One racing team who now runs the company's space development strategy — it is a logical move. “Honda products have already expanded across land, sea, and sky,” Sakurahara says, from Honda's R&D facili Show less Read more
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