KBR and Axiom Space completed successful AxEMU underwater tests, advancing NASA's Artemis III mission preparations.
Quiver AI Summary
KBR and Axiom Space have successfully completed three crewed underwater tests of the Axiom Extravehicular Mobility Unit (AxEMU) at NASA's Neutral Buoyancy Laboratory, marking a significant milestone in their collaboration to support NASA's Artemis III lunar mission. The tests involved an astronaut submerged in a large pool while wearing the next-generation spacesuit, aiming to assess its integrity in a weightlessness-simulated environment. The suit maintained airtight conditions throughout the tests, indicating its readiness for further evaluation and future missions. KBR's expertise in spacesuit technology and its role in the project highlights its commitment to advancing human spaceflight and exploration initiatives. Both companies are focused on providing astronauts with enhanced flexibility and safety for upcoming space missions.
Potential Positives
- KBR successfully completed three crewed underwater tests of the Axiom Extravehicular Mobility Unit (AxEMU), marking a significant milestone in support of NASA's return to the Moon.
- The suit demonstrated integrity by remaining completely sealed and airtight during tests, indicating readiness for advanced evaluations and future missions.
- KBR’s involvement highlights its leadership in human spaceflight and commitment to advancing innovative space solutions, enhancing its reputation in the industry.
- The partnership with Axiom Space and NASA positions KBR at the forefront of emerging commercial space activities, potentially driving long-term growth and performance.
Potential Negatives
- Inclusion of a forward-looking statement disclaimer highlights potential risks and uncertainties in the company's future performance, which may undermine investor confidence.
- The press release does not provide specific details on successful outcomes or metrics from the crewed underwater tests, which could raise questions regarding the actual impact of these achievements.
- Lack of mention of any potential challenges or setbacks in the development of the AxEMU may create an overly optimistic portrayal, potentially leading to scrutiny if issues arise later.
FAQ
What are the Axiom Extravehicular Mobility Unit tests about?
They are crewed underwater tests of the AxEMU spacesuit, simulating weightlessness for NASA's Artemis III mission.
Where were the AxEMU tests conducted?
The tests were conducted at NASA's Neutral Buoyancy Laboratory at Johnson Space Center in Houston.
What is the significance of the AxEMU spacesuit?
The AxEMU is designed to be versatile and reliable for lunar exploration, enhancing astronaut mobility and protection.
Which companies collaborated on the AxEMU testing?
KBR and Axiom Space collaborated on the testing, showcasing their expertise in supporting human spaceflight.
What is KBR's role in human spaceflight?
KBR provides mission-critical support and innovative technologies as part of the Exploration Extravehicular Activity Services contract for NASA.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$KBR Insider Trading Activity
$KBR insiders have traded $KBR stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $KBR stock by insiders over the last 6 months:
- STUART BRADIE (President and CEO) sold 20,000 shares for an estimated $1,056,246
- GREGORY SEAN CONLON (Chief Digital & Development) sold 19,000 shares for an estimated $961,149
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$KBR Hedge Fund Activity
We have seen 197 institutional investors add shares of $KBR stock to their portfolio, and 244 decrease their positions in their most recent quarter.
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- MILLENNIUM MANAGEMENT LLC removed 1,132,105 shares (-43.9%) from their portfolio in Q1 2025, for an estimated $56,390,150
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$KBR Analyst Ratings
Wall Street analysts have issued reports on $KBR in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- DA Davidson issued a "Buy" rating on 08/01/2025
- Citigroup issued a "Buy" rating on 04/25/2025
- Truist Securities issued a "Buy" rating on 04/14/2025
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$KBR Price Targets
Multiple analysts have issued price targets for $KBR recently. We have seen 6 analysts offer price targets for $KBR in the last 6 months, with a median target of $61.5.
Here are some recent targets:
- Brent Thielman from DA Davidson set a target price of $65.0 on 08/01/2025
- Steven Fisher from UBS set a target price of $54.0 on 07/02/2025
- Jerry Revich from Goldman Sachs set a target price of $55.0 on 05/27/2025
- Sangita Jain from Keybanc set a target price of $63.0 on 05/07/2025
- Andrew Kaplowitz from Citigroup set a target price of $69.0 on 04/25/2025
- Tobey Sommer from Truist Securities set a target price of $60.0 on 04/14/2025
Full Release
HOUSTON, Aug. 12, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) and Axiom Space recently completed three successful crewed underwater tests of the Axiom Extravehicular Mobility Unit (AxEMU) at NASA's Neutral Buoyancy Laboratory (NBL) at Johnson Space Center —an important milestone as both companies work to support NASA's return to the Moon.
These initial crewed tests involved an astronaut being fully submerged in the NBL’s 6.2-million-gallon pool while wearing Axiom Space’s next-generation spacesuit, the AxEMU, which is being developed for use on NASA’s Artemis III mission. The goal was to evaluate the suit’s integrity in an environment that closely simulates the weightlessness of space.
Throughout the tests, the suit remained completely sealed and airtight, signifying it’s ready for more advanced evaluations, and ultimately, future missions.
"These successful tests demonstrate KBR's leadership in supporting human spaceflight and next generation EVA systems,” said Mark Kavanaugh, KBR’s President, Defense, Intel and Space. “Working in close partnership with NASA and Axiom Space, our team delivered mission critical support that showcases our technical depth, operational excellence and ability to advance innovative space solutions. As commercial space activity accelerates, KBR remains at the forefront, delivering capabilities that drive performance, safety and long-term growth.”
KBR’s role in this achievement is part of the Exploration Extravehicular Activity Services (xEVAS) contract, which supports NASA’s evaluation of the next-generation spacesuit. The suit is designed to be more versatile, reliable and adaptable to the evolving needs of space exploration, including future missions to the moon and beyond. Testing is critical to validating the suit's performance and confirming its readiness for operational use.
“Axiom Space is proud to have KBR’s decades of expertise in spacesuit innovation supporting the AxEMU,” said Russell Ralston, Executive Vice President of Extravehicular Activity, Axiom Space. “With KBR further enabling the AxEMU, astronauts will return to the south pole of the Moon with more flexibility, mobility, and protection to live and work in the harsh lunar environment.”
Together, KBR and Axiom Space continue to support the next era of human space exploration, helping astronauts train, suit up and safely carry out missions in space.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 37,000 people worldwide with customers in more than 80 countries and operations in over 29 countries. KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com
Forward-Looking Statements
The statements in this press release that are not historical statements, including statements regarding future demand for the company’s services, the company’s leadership in supporting human spaceflight and the suitability and performance of Axiom Space’s spacesuit, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company’s control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
For further information, please contact:
Investors
Jamie DuBray
Vice President, Investor Relations
713-753-5082
[email protected]
Media
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
[email protected]