Astroscale Holdings, a Japanese company specializing in space debris removal, experienced a 62% surge in its stock price when it began trading a year ago. However, the shares have since declined by approximately 50% as initial high expectations diminished. In contrast, Argan, Inc. ($AGX) reported strong first-quarter fiscal 2026 results, including adjusted earnings per share of $1.60, revenue of $193.7 million, and net income of $22.6 million. The company also announced a record backlog of $1.9 billion, supported by a full notice to proceed on the 1.2 gigawatt Sandow Lakes project and robust demand in energy infrastructure. Argan expects its backlog to exceed $2 billion with the start of several new jobs. Meanwhile, Planet Labs ($PL), a satellite imaging company, posted a 10% year-over-year revenue increase to $66.3 million, a gross margin of 59%, and adjusted EBITDA of $1.2 million, turning positive from a loss of $8 million the previous year. The company reported free cash flow of $8 million and a net loss of $19.1 million, with ending cash of $271 million and a backlog that grew 140% year-over-year to $527 million. Planet Labs’ positive free cash flow and record revenue contributed to a stock price increase of more than 50%. These developments highlight contrasting trajectories among space-related companies and energy infrastructure firms in the current market.