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Factorial Energy Secures First Commercial Drone Battery Order

7 sourcesUpdated Jul 24, 2026

Factorial Energy announced its first commercial drone battery order, marking its entry into the commercial aerospace sector. The deal involves high-energy-density lithium-metal cells to be integrated into packs by a U.S.-based integrator, establishing a supply chain for demanding drone applications. Following successful system integration and drone flight testing, the drone trials reported more than a 30% range improvement over existing technology. The company is leveraging its solid-state battery platform to expand beyond automotive use, building on prior automotive partnerships and investor support from entities like In-Q-Tel. CEO Siyu Huang highlighted the rapid six-month development timeline from product concept to first purchase, underscoring the speed of this pivot into aerospace. Factorial’s broader strategy envisions scaling across drones, autonomous aviation, space, and defense as it pursues additional aerospace opportunities.

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SpaceX Starship Test Delayed by Weather

SpaceX has delayed the Starship 13th flight multiple times, most recently setting a July 24 target after weather disruption and earlier engine-start failures following a July 16 abort, with the May S39 test having ended in an explosion. The postponements come amid heightened investor and public scrutiny after SpaceX’s IPO, as the company pushes to validate Starship’s performance for future Mars missions and, in some reports, to test upgraded Starlink satellites.

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Photo: DigitalIceAge / Wikimedia Commons (CC BY 4.0)

Wiregrass boosts GE Aerospace stake 68% in Q1

Wiregrass Investment Management LLC expanded its stakes across multiple securities in Q1: increasing GE Aerospace holdings by 68.1% to 5,480 shares worth about $1.555 million, while also taking a new position in AGNC Investment Corp. with 88,794 shares (~$891,000), a new stake in International Paper of 15,544 shares (~$555,000), and purchasing 27,413 shares of SPDR Portfolio S&P 500 Growth ETF (~$2.684 million). The moves reflect a broad strategy of diversifying into aerospace, real estate, materials, and growth-focused ETFs alongside core positions.

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Last updatedJul 24, 2026

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Broke pluang.com · Jul 24, 12:00 AMCenter +13h7 sources +14h on

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Westpac Expands U.S. Bancorp Stake 50% in Q1

Westpac Banking Corp increased its stake in U.S. Bancorp by 50% to 128,101 shares, worth about $6.66 million, while trimming its position in The Goldman Sachs Group by 4.6% to 17,665 shares, worth roughly $14.94 million. The bank also expanded holdings in Dollar General and Regency Centers (41,788 and 60,867 shares respectively, valued around $4.96 million and $4.61 million) while reducing GE Aerospace by 10.1% to 15,067 shares, valued at about $4.28 million.

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