Upcoming Milestones

Deploy next-gen International trucks driverless

Aurora is launching its next-generation hardware kit on the International LT Series truck platform without a partner-requested ride observer, targeted for the second quarter of 2026, with the second-gen commercial kit also integrating onto Volvo's VNL Autonomous pilot line ahead of hundreds of units in 2027. Aurora has selected Roush as its upfitter, initially equipping the partner to build about 20 next-gen driverless trucks per week later in 2026 to support the 200+ truck year-end goal.

Artemis lunar lander (HLS)

NASA is working with SpaceX to develop Starship HLS for Artemis III and Artemis IV. The next major milestone is the required uncrewed demonstration mission before Artemis III, followed by integration into the revised Artemis surface-landing cadence that now centers the next crewed lunar landing on Artemis IV in early 2028. With the FAA having closed the Flight 12 mishap investigation on July 13, 2026, progress now hinges on SpaceX demonstrating reliable Starship V3 flights and the in-orbit propellant-transfer capability the lunar lander depends on.

Execute SDA satellite programs after passing TRKT3 SRR

Build and deliver the 18-spacecraft Tracking Layer Tranche 3 constellation for the Space Development Agency under Rocket Lab's $1.3B SDA prime work, with the May 27, 2026 System Requirements Review cleared and the next gates being Preliminary and Critical Design Reviews ahead of spacecraft delivery; Mynaric CONDOR Mk3 laser links are produced in-house.

Sustain Electron cadence toward the 100th launch

With 92 Electron missions flown through the July 1, 2026 'Grain Goddess' launch (iQPS' QPS-SAR-13), sustain Electron's record 2026 tempo across commercial, civil, and defense customers toward the company's 100th launch milestone, including remaining iQPS and Synspective constellation flights (17 more Synspective missions and further iQPS launches are booked).

Convert backlog into higher launch cadence

Turn $2.22B of backlog into higher Electron and HASTE flight tempo across constellation, agency, national-security, and hypersonic missions, with Q2 2026 revenue guided to $225M-$240M.

Build & launch the first GEO satellites for U.S. Space Force

Design, build, integrate, and operate two geostationary satellites hosting the Heimdall space domain awareness payload under a $90M Space Systems Command contract — Rocket Lab's first GEO satellite production program.

Blue Ring first operational mission

Launch the first full Blue Ring mission, expected to become the first fully commercial GEO space-domain-awareness mission, carrying Optimum Technologies' Caracal sensor with Scout Space's Owl payload and internal payloads. Launch timing is now gated by New Glenn's return to flight after the LC-36 explosion.

Scale SciTec Golden Dome SBI work

Execute SciTec's Space-Based Interceptor OTA under U.S. Space Force Space Systems Command, building software, sensing, and AI for the Golden Dome space-based missile defense layer, with capability integrated into the architecture targeted by 2028.

Fly the first Vulcan Amazon Leo mission and rebuild the NSSL Vulcan manifest

With Vulcan returned to national-security flight on June 11, 2026 (USSF-106) after the USSF-87 booster anomaly was resolved, the next milestone is the first Amazon Leo mission on Vulcan — LV-01, targeted September 2026 from SLC-41 carrying 45 satellites on an optimized Centaur V — followed by working through the 38-launch Amazon Vulcan backlog and the NSSL Phase 3 manifest as cadence ramps.

Bring SLC-3 at Vandenberg online for Vulcan

Finish the Vandenberg pad modifications (more than 83% complete) and fly the first West Coast Vulcan mission — SDA's Tranche 1 Tracking Layer B — establishing a second operational lane to support the 2026 cadence ramp.

Hit the 18-22 launch cadence target

Rebuild launch cadence after the leadership transition by flying 16-18 Vulcans and 2-4 Atlas Vs in 2026, working through the 38-launch Amazon Vulcan backlog and the Phase 3 national-security manifest.

Name a permanent CEO

Complete the board's executive search to replace Tory Bruno and confirm a permanent leader for ULA, with interim CEO John Elbon retaining the role while the search runs.

Complete Aeon V and vehicle test campaigns

Finish Aeon V development and qualification, complete Aeon R qualification, and test the stages — the second stage has arrived at NASA Stennis for testing, all Flight 1 Aeon R first-stage engines have passed acceptance testing, and the first-stage qualification article has entered factory structural-load testing.

Bring LC-16 fully online for Terran R

Finish outfitting the Horizontal Integration Facility (now structurally complete with a 99.8-tonne cleanroom bridge crane installed), launch mount, transporter-erector, water systems, and the propellant tank farm (LOX tanks already installed) so Cape Canaveral operations are ready for first flight.

Zhuque-3 second flight and booster recovery

Fly Zhuque-3's second orbital mission and attempt the first Zhuque-3 first-stage recovery — a soft touchdown at the Minqin County pad in Gansu ~390 km downrange, using grid fins and a landing burn. Following a nine-engine static fire on June 29, 2026, the launch slipped from the earlier Q2 target to a window opening after mid-July 2026; a first recovery-and-reflight mission remains targeted for later in 2026. The team is optimizing landing procedures after the December 2025 maiden flight lost its booster to abnormal combustion during descent.

Complete STAR Market IPO

Convert the December 2025 accepted Shanghai STAR Market filing into a completed public listing, raising roughly 7.5 billion yuan; LandSpace is expected to list under the STAR Market's new segment for not-yet-profitable frontier-technology firms, with proceeds funding Zhuque-3 production and reusability work.

Scale Zhuque-2E commercial cadence

Sustain the accelerating Zhuque-2E launch tempo — Y5 (May 14) and Y6 (June 9) flew just 27 days apart — to serve Chinese satellite-internet constellation deployment while bringing down per-kilogram launch cost.

Tianlong-3 return to flight

Complete the 'zeroing' fault-investigation into the April 2026 engine-bay failure and fly a second Tianlong-3, reportedly nearing completion, with a possible attempt before the end of 2026.

Demonstrate first-stage recovery and reuse

Move beyond reaching orbit to recovering and reflying the Tianlong-3 first stage, the core of Space Pioneer's low-cost launch strategy.

Pallas-1 maiden flight and first-stage recovery

With Pallas-1 standing vertical on its completed Jiuquan pad since late May 2026 but still awaiting a launch date as of early July, fly the reusable rocket for the first time (no recovery attempt on the debut), then move to a launch-and-recovery test attempting vertical first-stage recovery to validate the reusable architecture.

Ceres-2 return to flight

Complete the investigation into the January 2026 maiden failure and re-fly Ceres-2 to bring its larger solid-lift capacity online for constellation deployment.

Develop Pallas-2 heavy-lift and scale cadence

Advance the larger Pallas-2 (single-stick and tri-core configurations using the new CQ-90 engine, first hot-fired in January 2026, with a debut targeted for late 2026) while maintaining China's leading private launch cadence with Ceres-1/1S.

Hyperbola-3 first orbital flight

Fly the reusable Hyperbola-3 for the first time from Wenchang after qualifying its engines and stages, attempting a sea-based first-stage recovery on the Qinglan drone ship on the debut — still targeted for 2026, most likely the second half of the year.

Demonstrate first-stage recovery and reuse

Move beyond reaching orbit to recovering and reflying the Hyperbola-3 first stage at sea — the core of iSpace's low-cost launch strategy — having now completed full-profile ground verification of the landing system.

Deploy record D++ war chest and advance toward IPO

Put the record 5.037 billion yuan (~$729.6M) Series D++ closed in February 2026 to work — expanding Hyperbola-3 final assembly and integrated-test capacity and raising Hyperbola-1's reliability — while progressing through the IPO vetting now underway for China's leading commercial launch firms.

Scale Gravity-1 launch cadence

Fly the third Gravity-1 — the first to demonstrate the vehicle's full lift capability and being prepared at Haiyang for a constellation-deployment ('one-rocket, thirty-satellite') mission — then move from sequential to concurrent vehicle production to reach up to four Gravity-1 flights in 2026 on a quarterly schedule, while cutting launch costs a further 10-15%. With no 2026 Gravity-1 flight yet as of early July, hitting the four-flight goal now looks increasingly tight.

Scale Kinetica-2 and deploy constellations

Ramp Kinetica-2 production at the new Zhejiang super factory (up to 12-20 vehicles per year) and fly its planned 2026 missions — at least four Kinetica-2 launches are targeted for the year — including Qianfan (Thousand Sails) mega-constellation batches and the first operational Qingzhou cargo flight to the Tiangong station, expected around Q4 2026.

Demonstrate Kinetica-2 first-stage reusability via Kinecore-2 engine

Introduce the in-house Kinecore-2 engine (110 tf, 420-second cumulative hot-fire test completed March 2026) to replace the off-the-shelf YF-102; run roughly ten flights through 2028 progressing from aerodynamic control to in-flight reignition and then propulsive landing, alongside a planned ~100 km VTVL test of the Lihong-2 demonstrator later in 2026.

Begin sea launches and progress toward STAR Market IPO listing

Fly up to eight Kinetica-1 missions in 2026 including two sea launches using the Lijian-1H variant from the Eastern Maritime Spaceport (company says it 'already meets launch conditions'); the IPO application filed with the Shanghai Stock Exchange in April 2026 targets a $607M raise at ~$2.1B valuation — advance through CSRC review toward a STAR Market listing, with CAS Space positioned to potentially become China's first listed commercial-launch firm after LandSpace's listing was suspended.

Begin reusable orbital launch services

Turn a successful debut into first-stage reuse and recurring commercial small/medium launches for China's satellite-internet and Earth-observation constellations.

Develop Nebula-2 heavy-lift rocket

Advance the larger 5 m-diameter Nebula-2, designed to carry more than 25,000 kg to LEO, to broaden Deep Blue's reach into heavy constellation deployment.

Build on the June 2026 Kuaizhou-11 success and sustain reliability

Leverage the successful June 18, 2026 CentiSpace-1 Group 05 launch — Kuaizhou-11's fifth straight success — to keep the one-tonne-class solid launcher flying reliably for constellation and government payloads and reinforce confidence in ExPace's quick-response lineup.

Sustain high-cadence Kuaizhou launches

Keep flying Kuaizhou-1A/1A Pro at a rapid tempo for China's commercial and government small-satellite and constellation demand, leveraging hours-long launch readiness.

Bring larger Kuaizhou-21 / -31 online

Advance the much larger solid Kuaizhou-21 (~20 t to LEO) and Kuaizhou-31 (~70 t to LEO) to move ExPace into medium- and heavy-lift constellation deployment.

Respond to reusable-rocket competition

Counter the cost pressure from reusable kerolox rivals as CASIC explores reusable launch and spaceplane concepts to keep its all-expendable Kuaizhou line competitive.

First orbital launch & recovery

Complete second-half-2026 ground testing of the three production Yuanxingzhe-1 rockets and fly the maiden orbital mission with a first-stage sea-recovery attempt, targeted by the end of 2026.

Bring the Hangzhou plant online

Complete the 5.2 billion yuan (~$740M) Hangzhou sea-recovery rocket factory, scaling toward up to 25 medium-to-large reusable rockets per year and a ~20,000 yuan/kg cost target.

Demonstrate tower-catch recovery

Validate the 'chopstick' tower-catch and intelligent-control recovery architecture at scale — the technical centerpiece that distinguishes Cosmoleap from China's leg-landing reusable rivals — building on completed drop tests onto the catch arms and auxiliary-propulsion thruster hot fires.

Complete Qingyu-11 engine development

Mature the in-house 100-ton-class Qingyu-11 methalox engine (targeting ~150 t thrust, 30–105% throttle, up to 50 reuses) to replace the externally sourced YF-209 on later vehicles.

Execute the Romania RoPower pre-EPC phase

After Nuclearelectrica shareholders approved the Final Investment Decision for the Doicești project in February 2026, NuScale's job is to support a ~15-month pre-EPC phase aimed at producing a Class 2 budget, identifying contractors, extending the technology license, and finalizing pre-EPC and environmental agreements ahead of the EPC phase.

Reach first-module manufacturing and fuel readiness

NuScale says its main 2026 priority is ensuring full readiness to manufacture the first NuScale Power Module while scaling fuel and supply-chain support with partners such as Framatome. Components for 12 power modules are already in production, and in June 2026 NuScale contracted Paragon Energy Solutions to complete final design of the module's safety-related instrumentation-and-control systems.

Carry Aurora-INL through final safety review and construction

With the DOE's Preliminary Documented Safety Analysis approved on June 11, 2026 — the third of four major Reactor Pilot Program authorization steps — Oklo's near-term focus is securing the final Documented Safety Analysis, the last safety-basis document before DOE authorizes operation, while completing construction at Idaho National Laboratory ahead of fuel loading and first power.

Produce HALEU TRISO fuel for Hermes 1

Using DOE-allocated HALEU and Los Alamos National Laboratory's LEFFF capability to manufacture the first fuel pebbles needed for Hermes 1 startup and operation.

Convert pipeline and supply-chain reservations into projects

Having locked in a binding 16-unit Doosan Enerbility reservation for reactor pressure vessels and steam generators (backed by a new Changwon SMR-fabrication facility sized for the full pipeline), a 10-year SGL Carbon graphite supply agreement and an IHI Corporation MOU for HTGR components, X-energy now needs to translate its 11 GW (144-unit) pipeline — including gigawatt-scale evaluations with Talen Energy and LG&E/KU — into firm, financeable deployment programs.

Palisades nuclear plant restart

As of July 2, 2026 Holtec has closed out the last of Palisades' major restart projects — including primary-system passivation, steam-generator tube refurbishment, placing the turbine-generator on turning gear, and completing the upgraded fuel-handling system — and moved the site into final operational-readiness work. A federal court dismissed the remaining anti-restart lawsuit on July 3, 2026, clearing a legal hurdle. More than 5,000 individual work activities remain, after which the reactor core must be loaded and the ~800 MWe unit returned to criticality and reconnected to the grid. Completion has slipped from late 2025; CEO Kris Singh still expects a 2026 restart, ahead of a March 2027 power-supply contract, but Holtec has declined to set a firm date. Success would make Palisades the first U.S. nuclear plant to return to service after entering decommissioning.

First fueled eVinci test at INL's DOME test bed

Begin the fueled eVinci test-reactor experiment (a 3 MWt scaled unit) at the National Reactor Innovation Center's DOME facility at Idaho National Laboratory — the first US microreactor test of its kind, de-risking the commercial eVinci design.

Bulgaria's final investment decision on Kozloduy 7 & 8

Bulgaria plans a 2026 final investment decision on the two AP1000 units at Kozloduy being developed with Westinghouse and Hyundai E&C, targeting commercial operation of Unit 7 in 2035 and Unit 8 in 2037.

Complete SPARC assembly and commissioning

Close the external cryostat, integrate fuel and diagnostic lines, and complete final commissioning of the integrated tokamak, cryogenic, RF heating, and magnet systems at the Devens campus.

Move Fall Line Fusion Power Station through PJM interconnection and permitting

Work the April 2026 PJM grid-interconnection request through study and planning, complete Virginia permitting on the 100-acre Chesterfield County site, and lock down the final ARC plant design ahead of construction.

Scale the HTS magnet supply business

Execute the April 2026 Realta Fusion long-term HTS magnet supply agreement and turn the Type One Energy licensing deal, WHAM magnet supply, and Realta partnership into a recurring magnet business that funds the fusion roadmap before SPARC and ARC reach revenue.

Raise Polaris repetition rate toward 1 Hz

Push Polaris from one pulse every ~10 minutes toward sustained 1 Hz operation — the rate Helion needs to convert fusion energy into recapturable electricity in commercial operation.

Finalise the OpenAI gigawatt-scale supply deal

Move the OpenAI negotiations from term sheet to a binding agreement — reportedly 5 GW by 2030 scaling to 50 GW by 2035 — and identify the sites and Orion-class plants needed to deliver that capacity. Talks remained ongoing and unsigned as of mid-June 2026.

Pick the first plant site and start construction

Convert the April 7, 2026 completion of the Alabama/Ohio/Texas site evaluation tour into a final site choice and start construction of the initial ~50 MWe Da Vinci facility, contingent on the TMTG merger close (now targeted Q4 2026 or sooner) and approvals. As of mid-July 2026 no final site had been announced.

Upgrade Norm to 100 million °C

Push the current experimental platform from 70+ million °C — already the highest temperature recorded on a steady-state FRC — toward 100 million °C to validate operating modes and hardware for TAE's next-generation reactors.

Bed in the Spirit AeroSystems integration

With the December 2025 acquisition closed and ~15,000 Spirit employees folded into Boeing, the focus shifts to translating it into measurable quality gains — Boeing reports a 45% drop in 737 fuselage defects since 2024 — and stabilising rail deliveries of 737 fuselages from Wichita as the line ramps to 47/month and the new Everett North Line opens (July 6, 2026). In June 2026 Boeing backed the integration with a $2.35B reinvestment in the Wichita campus ($1B infrastructure plus $1.35B machinery and equipment, ~150 new jobs).

Keep executing the safety and quality plan

Boeing's recovery still depends on sustaining its Safety Management System rollout, factory-level quality controls, and stronger safety governance across Commercial Airplanes as production rates climb. Passing the FAA's capstone review to run the 737 line at rate 47 in May 2026 was an explicit validation of those quality gates; lifting further toward rate 52 (and ultimately 63) remains contingent on holding defect rates down as Spirit AeroSystems is folded back in.

Close the 2026 C919 delivery gap

COMAC has shipped only 5 C919s in 2026 through mid-July (none reported in May, June or July — stalled since April) against the 33-aircraft total Chinese airlines have planned, leaving it on track to miss the annual goal by roughly half. The near-term challenge is unblocking LEAP-1C engine supply, easing labor shortages, and lifting monthly throughput so cumulative deliveries can move from ~37 toward the airlines' annual plan.

Southeast Asia and exports

Convert Air Cambodia's 10+10 C909 MoU into firm deliveries — Air Cambodia is now set to introduce the C909 and begin operations in 3Q 2026, becoming the type's fourth international operator after TransNusa, Lao Airlines, and Vietjet. Deploy more Chengdu Airlines C909s into Southeast Asia, Central Asia, and Russia using the $92M COMAC capital injection, and use the C909 medical and firefighting variants showcased at Singapore Airshow 2026 to widen the addressable market beyond passenger service.

Execute DIU $219M high-Mach payload-release demos

The May 2026 $159M DIU contract modification — taking the program ceiling to $219M — commits Hermeus to a series of intensive 2026-2027 flight tests with the USAF and USN proving uncrewed Quarterhorse can hold high-Mach speeds while carrying and releasing payloads, the technical foundation for a Darkhorse-class operational system.

Bring Mk 2.2 and Mk 2.3 online

Hermeus says the new financing lets it run a fleet of three F-16-scale Quarterhorse aircraft and begin customer payload integration rather than iterating one airframe at a time. Mk 2.2 is in build and targeted to fly to Mach 1.6 in summer 2026, with Mk 2.3 aiming for Mach 3 in 2027.

El Segundo HQ ramp and Atlanta production scale-up

The ~62,550 sq ft El Segundo headquarters at 888 North Douglas (a former Northrop Grumman campus) is expected to add more than 200 jobs over the next year as executive, design, and prototyping teams consolidate in California, with full occupancy expected in early 2027; the 175-person Atlanta facility is shifting toward production-rate assembly work for the growing Quarterhorse fleet.

HEAT engine test facility completion

The High Enthalpy Air-breathing Test (HEAT) facility at Cecil Airport in Jacksonville — a ~$135M investment expected to create 100+ jobs over the decade — is being built in phases toward continuous high-Mach vitiated-air ground testing of the F100 and Chimera engines. Hermeus has said services should begin scaling in 2026, and the site is also intended to base high-Mach Quarterhorse flight-test operations into the Eastern Range.

HX-1 all-electric first flight at Plattsburgh

Heart's most recent public schedule moved the maiden flight of the X1 all-electric demonstrator into 2026 after a delay tied to a composite-wing rebuild. The X1 completed low-speed taxi testing at Plattsburgh in late May 2026 and is now progressing through its ground-test program (next, higher-speed taxi runs) toward FAA special airworthiness certification ahead of the first flight, which had still not taken place as of late July 2026 — the company continues to say first flight is expected shortly.

HX-2 hybrid-electric flight demonstration

The X2 pre-production prototype is Heart's next major aircraft after X1 and is meant to demonstrate the company's Independent Hybrid propulsion system and validate the integrated hybrid-electric stack, in-house subsystems, and production methods needed for the ES-30. It remains scheduled for a hybrid-electric flight in 2026; Anders Forslund has said the HX-1 slippage has only a minor effect on the HX-2 schedule because the two aircraft are being developed in parallel.

Push BotQ from 1/hour toward 50,000/year

Figure hit a 24x throughput jump in early 2026 to one Figure 03 per hour (~55/week, 350+ units produced). The next phase is sustaining that pace, finishing the publicly-stated supply-chain decoupling from China, and scaling toward Adcock's stated 50,000-unit annual target on the way to 100,000 robots across four years.

Execute the Catalyst Brands deployment

Stand up the Reno, Nevada Figure 03 fleet on the Joey Pouch sorting/packing system, prove throughput and uptime on a live retail-logistics floor, and use the program as the template for broader Catalyst Brands and other retail-logistics deployments.

Scale Helix-02 from demos to standing production

After the 8-hour, extended 40-hour, and 200-hour (~250,000-package, zero-failure) autonomous package-sorting demos in May 2026, the next milestone is keeping Helix 02 in continuous Catalyst-style commercial production rather than one-off marathons, while extending whole-body autonomy across additional logistics, office, and home tasks.

Broaden home-task autonomy on Figure 03

After dishwasher and living-room demos, keep expanding Helix 02 across more rooms, tools, and multistep household routines so Figure 03 can move from staged home tasks to real residential pilots inside the Brookfield-supplied housing footprint.

Ship the 2026 Atlas production run to RMAC and DeepMind

Convert the CES 2026 product launch into actual fleet deliveries: ship the 2026 Atlas production run to Hyundai's Robotics Metaplant Application Center (parts sequencing, sorting, transport) and to Google DeepMind, then open the order book to new customers in early 2027. As of early July 2026 the 2026 run remained committed to those two customers with outside customers slated for early 2027.

Push Gemini Robotics foundation models into Atlas

Extend the Boston Dynamics–Google DeepMind partnership from Spot (where Gemini Robotics ER 1.6 now powers AIVI-Learning) into Atlas, integrating Gemini Robotics foundation models for broader humanoid task learning beyond reinforcement learning policies. No new integration milestone had been announced as of early July 2026.

Appoint a permanent CEO

Conclude the board's CEO search to replace interim CEO Amanda McMaster, who took over from retired founder/CEO Robert Playter on February 27, 2026. In a June 30, 2026 interview she confirmed she was still serving as interim chief executive with the search ongoing.

Expand Spot with FieldAI in dynamic sites

Build on the March 2026 FieldAI partnership: expand Spot deployments across construction and other changing environments using Field Foundation Models for autonomous inspections, mapping, and monitoring in less structured sites, with Stretch and the electric Atlas named as the next platforms to integrate FieldAI.

Scale the DHL and Lidl Stretch programs

Convert DHL's 1,000-unit MOU and Lidl's Netherlands/Belgium/Austria/Spain rollout into delivered fleets, while widening Stretch's case-picking capabilities beyond container/trailer unloading. No new DHL or Lidl commitment had been announced as of early July 2026.

Broaden Hyundai deployment programs and build the Atlas factory

Turn Hyundai's $26B U.S. investment plan — which funds a robotics factory targeting 30,000 Atlas units/year by 2028 and Atlas deployment at Hyundai's Georgia Metaplant (sequencing first from 2028, assembly by 2030) — into broader Spot, Stretch, and Atlas deployment across manufacturing and logistics programs. The 30,000-unit target was reaffirmed through mid-2026.

Advance toward a Nasdaq IPO

With Hyundai now sole owner after buying out SoftBank's remaining stake in June 2026 (resolving SoftBank's put option), Boston Dynamics is widely reported to be preparing a long-anticipated Nasdaq listing expected as early as the first half of 2027 — though as of early July 2026 no underwriter selection or preliminary filing had been publicly confirmed. Reported implied private-market valuations have centered around ~$21B (Hyundai Glovis's 2025 follow-on) as humanoid-robot peers re-rate.

Ramp Tesla Semi out of the new Nevada high-volume line

Now that the first truck has come off the dedicated Nevada Semi factory line (Apr 29, 2026), the next milestone is converting the ~1,095 HVIP-reserved trucks and other fleet orders (Walmart, Sysco, DHL, PepsiCo) into deliveries through 2026.

Grow FSD and software monetization

Tesla says monthly FSD subscriptions more than doubled in 2025 and is transitioning FSD (Supervised) access to monthly subscriptions only. With 1.28M active subscriptions in Q1 2026, FSD (Supervised) cleared in five EU markets, and the FSD v14 branch rolling out in Europe (now bundling an in-car Grok assistant), the next step is sustaining subscription growth, widening European availability, and turning the same AI stack into Robotaxi revenue.

Price and trade the Shanghai STAR Market IPO

The Shanghai listing review was approved June 1, 2026, CSRC registration approval followed on July 2–3, 2026, and the Shanghai Stock Exchange marked the registration 'effective' on July 6 — the final regulatory clearance, completed in a record ~104 days. As of July 11, 2026 the issuance has not yet priced or begun trading: the underwriting/issuance plan goes to the exchange before pricing, and a final share price and subscription date have yet to be set (typically weeks after registration), with a market debut possible as early as late July or August 2026, which would make Unitree the first listed Chinese humanoid-robot maker. As of July 12, 2026 no price range or subscription date had yet been set. The targeted ~4.2 billion yuan raise (at least ~40.4M shares, ~10% stake, implying a ~RMB 42B / ~$6B valuation) is earmarked for robot model R&D, robot-body R&D, new product development, and a manufacturing base build-out.

Scale manufacturing capacity toward 20,000 humanoids in 2026

Near-term target is 20,000 humanoid robots shipped in 2026 (vs 5,500 in 2025) — a nearly 4x increase. Medium-term goal over five years is 75,000 humanoids and 115,000 quadrupeds annually (190,000 total). IPO proceeds are earmarked for a smart manufacturing base to replace the current manual/outsourced assembly model and achieve modular, flexible mass production at scale.

Broaden the embodied-AI product stack and navigate Pentagon listing

Continue expanding from finished robots into embodied models, dexterous hands, robotic arms, and sensors. The Pentagon's June 8, 2026 Section 1260H listing restricts direct DoD contracting with Unitree from June 30, 2026 and indirect procurement from June 2027, creating near-term uncertainty for U.S. government-affiliated research labs (the majority of the current U.S. humanoid buyer base) while domestic China and non-U.S. government markets remain unaffected. As of mid-July 2026 Unitree had issued no public legal challenge to the listing, even as Beijing imposed broad retaliatory trade measures over the U.S. designations.

Build the restructured Georgia plant

Start vertical construction at Stanton Springs in 2026 and keep the Georgia facility on track for production in late 2028 under the restructured plan: an initial-phase capacity of 300,000 vehicles per year (up from 200,000) supported by a renegotiated DOE loan of up to $4.5B ($4,006M principal + $494M capitalized interest) that Rivian expects to begin drawing in early 2027. The plant is set to build R2, the upcoming R3/R3X, robotaxis and delivery vans, and could reach full capacity by the end of the decade.

Roll out the Gen 2 autonomy roadmap toward eyes-off driving

CEO RJ Scaringe said in June 2026 that Rivian will bring supervised, Tesla-FSD-like point-to-point driving to its Gen 2 vehicles within 2026, followed by eyes-off autonomy in 2027. The near-term milestone is Universal Hands-Free 2.0 — extending hands-free driving off the highway to surface streets with traffic-light and stop-sign response, lane changes, on-ramp-to-off-ramp handling, and auto-park — targeted for Q3 2026, ahead of the type-in-an-address 'Point to Point' supervised feature slated for late 2026. A late-2026 hardware upgrade begins shipping Rivian's ACM3 (Autonomy Compute Module 3) plus a roof-mounted lidar sensor on R2. The stack underpins the performance milestones tied to Uber's up-to-$1.25B investment and the planned 2028 robotaxi rollout in San Francisco and Miami, expanding to 25 cities by 2031 — Rivian's clearest signal that it wants autonomy to become a major business line rather than just an ADAS feature set.

Scale FLASH Charging infrastructure globally

The FLASH Charging network passed 7,000 stations across 325 Chinese cities by early July 2026 (up from 6,682 across 321 cities in mid-June and 5,715 on May 5 — a net gain of more than 1,000 stations and 14 cities in about two months), roughly 35% of BYD's 20,000-station year-end target, aided by a June 3 framework agreement with Sinopec. International expansion is scaling in parallel: BYD plans 6,000 overseas FLASH stations within a year — 3,000 across Europe by the end of March 2027, 2,000 in the Americas, and 1,000 in Asia-Pacific — to pair with its 1.5M-unit export goal, and in mid-July 2026 it overhauled its overseas brand structure around channel integration and the charging network. Germany's first 1,500 kW FLASH station opened June 9, 2026.

Scale DENZA across Europe and grow overseas to 1.5M units

DENZA entered Europe in April 2026 (Paris launch event) with the Z9GT shooting brake and D9 MPV, and used the July 9, 2026 Goodwood Festival of Speed to launch its all-electric Z supercar globally alongside a roughly eight-model European lineup across the BYD, Denza, and Yangwang brands — targeting 30+ European countries and 150+ retail stores by end-2026. BYD has raised its full-year 2026 overseas target to 1.5 million units (up from 1.3M) and is roughly halfway there: H1 2026 overseas sales reached 792,256 units (+70.7% YoY, ~44% of total), with a June record of 175,349 (+94.7% YoY).

Path to profitability and free cash flow

Translate Gravity scale, the midsize platform, the expanded Uber robotaxi partnership, and software, services, and powertrain-licensing revenue into sustainable profitability and positive free cash flow under new CEO leadership.

Roll out Gen-5 swap stations toward a 4,500–4,600 year-end network

NIO's first Gen-5 'pioneer' swap stations entered service in June 2026, with firefly beginning real-world swap beta testing across six cities (Shanghai, Beijing, Hefei, Guangzhou, Chengdu, Kunshan) on June 25. Large-scale Gen-5 deployment is back-loaded into H2 2026 — NIO now targets roughly 100+ new Gen-5 stations per month from around September, rising toward 150+/month in Q4 (about 450 in Q4 alone), after a July–August ramp. Gen-5 cuts swap time to under two minutes (~1 min 48 sec) and handles the full multi-brand battery lineup — from the large ES9 down to the compact firefly — with 21–28 battery slots. To accelerate the buildout, NIO Power signed a June 26, 2026 strategic agreement with Anhui's Zhongan Energy to jointly construct 500 swap stations within a year (after a first batch of 50 in December 2025). NIO plans to add 1,000+ stations in 2026; at the ES9 launch CEO William Li guided to roughly 4,500–4,600 total swap stations by year-end.

Scale firefly to 40+ countries

Firefly is now live in 10+ overseas markets — including Singapore, Thailand, the Netherlands, Norway, and Belgium — and unveiled its first right-hand-drive model at the 2026 Hong Kong Auto Show on June 18, 2026, paving the way for Hong Kong entry via an asset-light local-distributor model also used in Macau. With cumulative deliveries at 68,586 by the end of June 2026, NIO targets roughly 40 countries and regions for firefly by year-end 2026 (and 100,000 cumulative firefly deliveries), prioritizing markets where Chinese EVs face minimal tariffs.

Deepen NX9031 ecosystem across ONVO and firefly

The in-house Shenji NX9031 (5nm, ~4× Orin-X compute) has surpassed 250,000 units shipped and now powers the full NIO-brand lineup plus ONVO's refreshed L90 (April 2026) and second-gen L60 (June 11, 2026), paired with NIO WorldModel end-to-end autonomy and LiDAR. On the Q1 2026 earnings call NIO guided that roughly 80% of its vehicles will carry the NX9031 in the second half of 2026; the next phase extends the chip to the ONVO L80 and into firefly, building a unified, lower-cost cross-brand autonomous-driving platform.

Deliver 550,000 vehicles in 2026

Xiaomi set a 550,000-unit target for full-year 2026. H1 2026 came in at 185,055, so the goal requires a sharp H2 step-up to roughly 60,000+ deliveries per month as Beijing capacity ramps and the YU7 backlog is worked down.

Launch the YU9 (Kunlun) full-size EREV SUV

Having secured EREV regulatory approval in June 2026, Xiaomi plans to launch its first extended-range model — a full-size SUV targeting the Li Auto L9 and Aito M9 — as part of a reported multi-model 2026 roadmap that includes two extended-range SUVs.

Scale capacity toward ~1M+ vehicles/year

Xiaomi is expanding beyond its ~300,000/year two-phase Beijing plant via a Beijing Phase 3 site and a planned Wuhan factory, targeting roughly 1M+ (reportedly up to 1.2M) annual capacity to close the persistent gap between demand and supply.

Reach sustained full-year profitability in 2026

After its first quarterly net profit in Q4 2025 and a seasonal Q1 2026 loss, XPeng is targeting sustained profitability across 2026, helped by a Q2 delivery rebound to 103,295 units and a guided Q2 revenue of RMB19.6-20.8B.

Launch Robotaxi models and global VLA 2.0

XPeng plans to launch three full-stack Robotaxi models (up to ~3,000 TOPS on four Turing chips) and begin trial operations in 2026, and to deliver a global version of its VLA 2.0 autonomous-driving software from 2027 with Volkswagen as launch partner.

Deliver ~550,000 vehicles in 2026

Li Auto targets roughly 550,000 deliveries in 2026 (~40% growth), refocusing on its EREV strength with the all-new L9 and revamped L6 while ramping the i-series BEVs; Q2 2026 was guided at 95,000-100,000 units with gross margin recovering toward ~10%.

Add a new pure-electric SUV

Alongside EREV upgrades (the M100 chip rolling across the L-series), Li Auto plans at least one additional new battery-electric SUV in 2026 to broaden its i-series and lift BEV volume.

Move next-gen VLA autonomy to production

Li Auto is advancing its Vision-Language-Action (VLA) driver model from demonstration to production across AD Max vehicles, scaling in-vehicle models past 4B-7B parameters over 2026-2027.

Complete the Lynk & Co integration synergies

Following the December 2025 Geely take-private, Zeekr Technology Group is working to realize the targeted 10-20% R&D and 5-8% procurement savings from combining Zeekr and Lynk & Co.

Scale the Ojai fleet across additional metros

Grow the initial ~100-vehicle Ojai deployment in San Francisco, Los Angeles, and Phoenix toward Waymo's stated goal of thousands of Ojai robotaxis on the road by the end of 2026 (scaling to tens of thousands per year), and add Denver, Las Vegas, and San Diego on the 6th-generation Driver — all messaged for 'this summer' but not yet live as of early July 2026.

Turn queued U.S. metros into live service

On July 8, 2026 Waymo began fully driverless operations in four new metros — Las Vegas, San Diego, Tampa, and Denver — starting rider-only with Alphabet employees before opening to the public 'in the coming months.' The next step is converting those four plus remaining Up Next cities (Washington, D.C., Detroit, Seattle) into full public commercial service, after Nashville opened to the public on June 25, 2026 (Lyft-app access to follow later in 2026).

Start international service

Translate current Tokyo and London market preparation into Waymo's first commercial launches outside the United States; London is targeted for Q4 2026 with a ~100-vehicle all-electric Jaguar I-PACE fleet tested across a ~100-square-mile area and operated with Moove, while Tokyo is advancing with Nihon Kotsu and GO after supervised driving operations. Waymo also took an early step toward continental Europe by registering a German subsidiary, Waymo Germany GmbH — incorporated May 13, 2026 and entered in Munich's commercial register on June 15 — chartered to offer autonomous ride-hailing and support third-party operators, though no German launch city or date has been set.

Scale the Sun Belt freight network

Aurora's next near-term milestone is turning its February 2026 software release into regular service across more southern freight corridors and customer endpoints, including expanded McLane lanes between distribution centers and Detmar's frac-sand runs between Midland and Monahans, Texas.

Finalize the Hirschbach 500-truck definitive agreement

Convert the May 2026 Hirschbach MOU for 500 Driver-as-a-Service trucks into a definitive agreement later in 2026, with truck deliveries beginning in 2027 and a potential multi-year revenue stream in the hundreds of millions.

Deliver 2,000 upgraded GXRs

Execute the Geely Farizon production plan and move the global operating robotaxi fleet past 2,600 vehicles, while expanding China robotaxi operations into at least one more Tier 1 city in 2026.

Ramp HPC 3.0 toward the 200,000-vehicle Lenovo plan

Move the WeRide-Lenovo agreement from announcement to volume by bringing the HPC 3.0 compute platform (Lenovo AD1 + NVIDIA DRIVE AGX Thor) into production and jointly deploying 200,000 Level 4 vehicles — robotaxis, robobuses, and robosweepers — globally over five years, leveraging its ~50% suite-cost reduction to improve per-vehicle economics.

Deploy right-hand-drive robotaxis in Hong Kong

Bring the GXR-based right-hand-drive robotaxi developed with Geely Farizon and Kwoon Chung into commercial service in Hong Kong — building on Kwoon Chung's existing Hong Kong pilot autonomous-driving licence and on-road trials — then extend the RHD model to Singapore, the United Kingdom, Japan, and Australia.

Execute the Slovakia Level 4 rollout

Bring the first WeRide vehicles into Slovakia in mid-2026 under the ELEVATE Slovakia framework with partner DiusAI, run multi-product testing in Bratislava before extending to Košice and the High Tatras, and move selected robotaxi and robobus models into public commercial operation as Slovak and EU safety approvals are met.

Broaden ADAS production programs

Turn WRD 3.0 design wins into larger production deployments across GAC, Chery, Tiggo, Lepas, Omoda, JAECOO, and other OEM programs.

Expand fully driverless Dubai operations

Turn the current Dubai zones into broader commercial service, including the Uber app rollout and planned scale toward more than 1,000 vehicles.

Scale European operations toward driverless service

With Level 4 open-road trials underway in eastern Switzerland (AmiGo, with PostBus) since June 1, 2026, the next step is removing safety operators to reach regular fully driverless operations targeted for early 2027, while standing up the planned London trials with Uber and Lyft.

Sustain ride growth and push toward robotaxi profitability

The next proof point is maintaining triple-digit fully driverless ride growth beyond 22 million cumulative rides and 330 million autonomous kilometers while converting the unit-economics breakeven already reached in Apollo Go's largest China city into broader, structural profitability — helped by more attractive overseas fares as the 27-city footprint expands. The Q2 2026 results (expected around August) will be the next data point on whether the triple-digit ride growth is holding.

Scale U.S. eIPP operations toward paid cargo service

BETA flew the first operational eIPP missions on July 10, 2026 (ALIA CX300 carrying United Therapeutics' manufactured organs across a Virginia–Maryland corridor). The next milestone is broadening these deployments across the seven eIPP launch programs spanning at least 10 states — expanding from research/demonstration organ- and cargo-logistics flights toward routine paid cargo operations, and eventually VTOL missions, ahead of full type certification.

Turn Surf Air into a launch passenger operator

Use the new Surf Air Mobility firm order (25 ALIA CTOL + 75 options) to move from cargo service into commercial passenger operations, with Hawaii positioned as the first launch market. A six-to-eight-week interisland electric-aviation demonstration with Surf Air (Mokulele Airlines) and Hawaiian Airlines support began June 25, 2026, flying the all-electric ALIA CTOL to gather performance, cost, maintenance and ground-handling data. Surf Air's existing passenger demand and airport infrastructure give BETA a ready commercial base once the CX300 is certified (now targeted 2H 2027).

Expand Gen 6 flight envelope to transition flight

The certification campaign is building out the hover regime with two aircraft, then progresses to longitudinal transition — the shift from vertical lift to wing-borne cruise — followed by higher speeds and altitudes. The two-aircraft fleet doubles the test rate, and additional Gen 6 airframes are expected to join the campaign.

Hong Kong IPO

Confidentially filed in January 2026 with JPMorgan and Morgan Stanley as underwriters; a listing could come as soon as 2026, which would make Aridge the first pure flying-car company on the HKEX. Size and valuation are undisclosed.

Prosperity passenger eVTOL type certification

The CAAC accepted the Prosperity's type-certificate application in April 2024 and the program is in the compliance-verification phase as of May 2026, with the company targeting certification in 2026. Certification would be AutoFlight's gateway from cargo into passenger flight — and would make it the second Chinese company with a certified passenger eVTOL after EHang.

Launch Seattle and additional U.S. states in 2026

With Austin (its third Texas metro) and Cleveland (a Cleveland Clinic home prescription-delivery partnership) now live as of July 2026, Seattle is the next announced consumer market (via a Panera Bread / Flynn Group partnership). Zipline has targeted expansion into at least four new states in 2026, with cities such as Salt Lake City, Long Island, Jacksonville, and Rochester in the pipeline backed by the $800M Series H.

Complete Rwanda's nationwide and urban expansion

The next major international milestone is executing Rwanda's new plan: bring Platform 2 into Kigali, open the Karongi distribution center, and stand up Zipline's first overseas AI and robotics testing hub.

Scale manufacturing capacity for P2 demand

Zipline is tripling its South San Francisco manufacturing footprint to support demand for its home-delivery network and build up to 15,000 autonomous aircraft annually.

Launch Bay Area residential service

Wing's plan starts in selected San Francisco neighborhoods and then expands to Oakland and San Jose. The Bay Area was included in the June 9, 2026 seven-city Walmart expansion announcement and remains not yet live as of mid-July 2026 — Wing describes the new markets as scaling 'in the coming months' toward operations by 2027. The launch is Wing's most ambitious dense-metro test, in airspace shared with SFO, OAK, and SJC.

Execute the coast-to-coast Walmart rollout

The next major scaling milestone is turning the announced Walmart markets into live operations. The June 9, 2026 seven-city wave (Memphis, New Orleans, Philadelphia, Phoenix, San Diego, the SF Bay Area, and Salt Lake City) took the partnership to nearly 20 U.S. markets — as of mid-July 2026 these remain announced, not yet live, with operations targeted by 2027 behind already-live DFW, Atlanta and Greater Houston, on the way to more than 270 drone-delivery locations and ~40M Americans within reach.

Broaden extended-hours operations and prepare for FAA Part 108

With after-dark waivers in hand at select sites, Wing is widening service windows in more markets while it waits on FAA Part 108 — the standardized BVLOS regime (NPRM published August 2025, ~3,000+ comments closed October 2025) that would replace the case-by-case waivers Wing has had to negotiate one metro at a time. The rule has slipped repeatedly: the FAA blew past the February 1, 2026 deadline set by a June 2025 executive order and a subsequent mid-March 2026 target, and as of early July 2026 the final rule remains unpublished, hung up largely on the contested question of which aircraft yields when a drone and a crewed plane share low-altitude airspace.

Deploy Starlink V3 satellites at scale via Starship

The larger V3 satellites — roughly 1 Tbps of downlink each, targeting greater-than-100x available bandwidth at a lower 350 km altitude — can only launch on Starship. The first 20 operational V3s were aboard Starship Flight 13, aborted seconds before liftoff on July 16, 2026 with a retry expected within days; SpaceX's stated plan is for Starship to begin delivering operational V3s during 2026.

Launch Starlink Mobile as a direct US consumer carrier

Starlink is shifting from a behind-the-scenes carrier-partner model (T-Mobile US, One NZ, Rogers, KDDI, Optus, Telstra, Salt, Entel, Kyivstar, Virgin Media O2, and others) toward selling Starlink Mobile directly to consumers. The FCC's May 12, 2026 approval of the ~$17B EchoStar acquisition gave it ~65 MHz of exclusive-use, contiguous nationwide mid-band spectrum (AWS-4/AWS-3/H-Block, 1.9–2.2 GHz), with licenses fully transferring by ~November 2027. On June 26, 2026 Gwynne Shotwell told IPO-roadshow investors SpaceX plans to challenge AT&T, Verizon, and T-Mobile head-on and may build out its own terrestrial network.

Sustain an aggressive 2026–2027 launch cadence toward the 50% milestone

After the July 2, 2026 LA-08 mission (ULA's final Atlas V 551) lifted the production fleet to about 396 satellites, Amazon must keep launching at scale — the next mission is the first ULA Vulcan Centaur flight for Leo (LV-01, ~45 satellites) targeted for September 2026, with 20+ missions planned in 2026 and 30+ in 2027 across Vulcan, Ariane 6, New Glenn, and Falcon 9. New Glenn's availability is a risk after a first stage exploded during a May 28, 2026 static-fire test at LC-36 (return to flight targeted before end of 2026). Reaching the 1,618-satellite 50% threshold before March 2028 would immediately recover the spectrum priority temporarily lost by missing the July 30, 2026 FCC deployment milestone.

Scale terminals, portals, and licensing

Expand the ground and user-terminal footprint with additional satellite network portals, broader country licensing, and global deployment of roughly 40,000-50,000 user terminals, transitioning the installed base toward 5G-compatible equipment.

Complete the 1,296-satellite Phase 1 network

Scale from the initial regional network toward the 1,296-satellite Phase 1 deployment that underpins sustained broadband service.

Melanoma cancer-vaccine Phase 3 readout

Report pivotal Phase 3 INTerpath-001 data for intismeran autogene plus KEYTRUDA in adjuvant melanoma — the company's highest-value catalyst. Guidance points to 2026, though some analysts expect it may slip to 2027.

Norovirus vaccine Phase 3 interim analysis

Deliver an interim analysis of the fully enrolled Phase 3 norovirus vaccine trial (mRNA-1403), a potential first-in-class product in a large unmet-need indication.

First rare-disease registrational data

Read out registrational data for the propionic acidemia program (mRNA-3927) — Moderna's first rare-disease readout — and begin the registrational study for methylmalonic acidemia (mRNA-3705).

Scale the Casgevy commercial ramp

Convert the 500+ started patients into infusions and grow revenue as the authorized-treatment-center network expands and cell-collection bottlenecks ease, with analysts modeling roughly 3x growth in 2026.

Move new in vivo programs into the clinic

Bring next-wave in vivo editing candidates into human trials — CTX340 for refractory hypertension and CTX460 for alpha-1 antitrypsin deficiency — broadening the in vivo pipeline beyond cardiovascular targets.

BNT327 first-line lung-cancer Phase 3 readouts

Report registrational Phase 3 data for BNT327 in first-line extensive-stage small-cell and non-small-cell lung cancer — the key catalysts for its central immuno-oncology bet with Bristol Myers Squibb.

First-ever oncology regulatory submission

Submit BioNTech's first cancer-drug application — the antibody-drug conjugate trastuzumab pamirtecan in advanced endometrial cancer — marking its transition from vaccines to commercial oncology.

Additional 2026 late-stage cancer readouts

Deliver interim Phase 3 data for gotistobart (squamous NSCLC) and the BNT113 mRNA vaccine (HPV16-positive head and neck cancer), broadening the late-stage oncology portfolio beyond BNT327.

Zimislecel type 1 diabetes regulatory submission

File global regulatory submissions for the stem-cell islet therapy that has produced insulin-independence — potential functional cures — in trial participants, a landmark for cell therapy.

Inaxaplin APOL1 kidney disease Phase 3

Advance the AMPLITUDE Phase 3 trial of inaxaplin (VX-147), a once-daily oral therapy that could be the first treatment targeting the underlying cause of APOL1-mediated kidney disease.

Journavx label expansion into chronic pain

Broaden Journavx beyond acute pain into chronic indications such as diabetic peripheral neuropathy, scaling the non-opioid franchise into a much larger market.

Alyftrek CF conversion and ex-US rollout

Convert Trikafta patients onto the once-daily Alyftrek and expand international launches to extend the cystic fibrosis franchise and drive continued CF revenue growth.

Push toward GPT-6 after GPT-5.6 public launch

With GPT-5.6 (Sol/Terra/Luna) now publicly available as of July 9, 2026, sustain the rapid model cadence driven by competition with Google's Gemini and Anthropic's Claude, ahead of an eventual next-generation GPT-6 base model.

Scale the Stargate compute buildout

Bring additional Stargate data-center sites online toward the ~10 GW / $500B plan, and stand up custom AI silicon (with Broadcom and AMD) in the second half of 2026, while managing partner and construction execution risk.

Advance toward a potential record IPO

Having confidentially filed a draft registration, decide on timing and structure for what could be the largest technology IPO ever — with the path to profitability and compute burn as the key variables investors will scrutinize.

Grow enterprise and agents to revenue parity with consumer

Expand agentic products (Codex, ChatGPT Agent, Workspace Agents) and enterprise deployments, which OpenAI expects to reach revenue parity with its consumer business by the end of 2026.

Scale compute via Amazon and Google

Ramp AWS Project Rainier toward up to 5 GW of Trainium capacity (Trainium3 online by end-2026) under a $100B+ commitment, and bring on large-scale Google TPU capacity from the up-to-$40B Google deal.

Sustain the revenue ramp toward $70B+

Build on the climb from ~$14B (Feb) to ~$47B (May) annualized run-rate and reach a first profitable quarter, a trajectory investors will watch closely into the IPO.

Extend the model lineup and agentic products

Continue the rapid Claude release cadence beyond Fable 5, Opus 4.8 and Sonnet 5, and deepen enterprise-grade agentic products (Claude Code and newer agent surfaces) with stronger admin, analytics and spend controls.

Ship Gemini 3.5 Pro

Complete and launch the rebuilt Gemini 3.5 Pro flagship — reportedly featuring a ~2M-token context window and a Deep Think reasoning layer — after it slipped past multiple mid-2026 targets, to reclaim the top of the leaderboards from OpenAI's GPT-5.6 and Anthropic's Fable 5.

Scale Project Astra into a universal assistant

Fold Project Astra's real-time perception, memory and tool-use capabilities into Gemini Live and Android XR smart glasses (developed with Gentle Monster), pushing toward an always-available universal AI assistant.

Advance world models and the path to AGI

Extend Gemini Omni and the Veo/Genie world-model stack toward richer physical simulation, while pursuing the next Gemini generation on Google's Ironwood TPUs — with Hassabis projecting AGI around 2030 (possibly 2029).

Scale Colossus toward 1 million GPUs / 2 GW

Build out the third Memphis-area building (purchased December 2025) and Colossus 2 toward the stated 1M+ GPU, ~2 GW target — while defending the April 2026 NAACP emissions lawsuit and securing power for a complex whose demand rivals the entire Memphis grid peak.

Deploy Grok across the Pentagon's GenAI.mil

Complete the rollout of Grok models inside GenAI.mil at Impact Level 5 for 3 million DoD users, including classified-system use — deepening the government franchise beyond the $200M CDAO contract despite congressional scrutiny of Grok's reliability.

Build out data centers on domestic Huawei compute

Deploy proceeds of the ~$7B round into self-operated data centers built on Huawei Ascend chips to serve AI-agent workloads, deepening the domestic-silicon strategy proven by V4's Nvidia-free training run.

File for a mainland China IPO

Submit the domestic listing filing reported to be targeted for 2026 — potentially after closing a further ~$1.5B raise at a ~$71B valuation — toward a public debut in 2027.

Complete the Hong Kong IPO

Finish unwinding the offshore red-chip structure (with CICC and Goldman Sachs in talks) and list in Hong Kong, following Chinese AI rivals Zhipu and MiniMax to the public markets.

Expand the enterprise agentic-coding business

Ride K2.7-Code and K3's coding lead to grow Kimi Code and Kimi Work adoption among Western and Chinese developer platforms, sustaining the ARR ramp past $200M.

Complete the Shanghai STAR Market A-share listing

Execute the board-approved plan (June 1, 2026) to raise up to RMB 15B (~$2.1B) in an A-share listing, with RMB 12B earmarked for foundation-model R&D, becoming dual-listed under China's 'H-to-A' policy tailwind.

Deploy the $4B placement into compute

Convert the July 2026 placement proceeds into training and inference infrastructure — largely on domestic hardware given Entity List constraints — to keep scaling the GLM family.

Expand sovereign-AI deals internationally

Grow the government-infrastructure business across Southeast Asia, the Middle East and Africa via the Indonesia and Vietnam innovation centers and Huawei-based private AI offerings.

Hit raised FY2026 guidance of ~$7.65B revenue (+71%)

After growing 85% in Q1, Palantir raised full-year 2026 guidance to $7.650–7.662 billion in revenue (71% growth), over $3.224 billion of US commercial revenue (+120%), and $4.2–4.4 billion of adjusted free cash flow. Delivering on this would nearly double the FY2025 top line and is the central test of whether its AI-driven acceleration is durable.

Move Starlab into flight-hardware manufacturing

Following the February 2026 Commercial Critical Design Review — the 28th NASA milestone — Starlab transitions from design validation to manufacturing, fabrication, testing and assembly of the flight station. Watch for structural test article and long-lead hardware milestones.

Fly Starship V3 Flight 13 with operational Starlink V3 satellites

The FAA closed the Flight 12 mishap investigation on July 13, 2026 (findings centered on the maiden Raptor 3 engine failures during the boostback burn), clearing Starship to return to flight. Flight 13 — the second flight of the more powerful Version 3 vehicle, carrying the program's first deployment of 20 operational Starlink V3 satellites (six with cameras to scan the heat shield) — hit an automatic abort at T-0 on July 16, 2026 when only 29 of Super Heavy's 33 Raptor engines ignited. SpaceX removed and replaced two Raptor engines on the booster; after an interim July 20 window slipped, the launch attempt is now targeted for July 23, 2026. FCC filings point to an orbital ship-to-ship propellant-transfer demonstration — a prerequisite for the Artemis HLS contract — as the next major milestone once V3 is flying reliably.

737 MAX 7 and MAX 10 certification

As of the Farnborough Airshow (July 20, 2026) the MAX 7 has finished certification flight testing with deliverables 95% complete, leaving final FAA submittals and production certification of the redesigned engine anti-ice system — Boeing's 737 derivatives program manager signaled certification is imminent, potentially before the end of July 2026, putting the MAX 7 on course to be certified first. The MAX 10 is 98% through certification flight testing, with remaining work concentrated on development-assurance reviews and system-safety assessments; the FAA is targeting MAX 10 approval before year-end. Certification clears the way for launch customers Southwest and Ryanair — Southwest, which holds ~90% of MAX 7 orders, expects to begin MAX 7 operations in Q1 2027.

Ramp 737 MAX to rate 52 via the Everett North Line

With rate 47 cleared by the FAA in May 2026, Boeing's next narrow-body milestone is rate 52 in early 2027 — built around the new Everett 'North Line', the first 737 final-assembly line outside Renton. Boeing is set to begin assembling 737 MAX jets (starting with the MAX 10) on the North Line around July 6, 2026.

Reveal Optimus V3 and stand up the Fremont Gen-1 line

Musk pushed the Optimus V3 reveal to late July or August 2026, with volume production targeted from summer 2026 onward; on June 20, 2026 he told investors to be patient, warning that the ~10,000 unique items still to be solved make Optimus volume production hard to predict. Fremont is converting the old Model S/X line into the first-gen Optimus line designed for ~1M units/year.

Launch the five-seat ES8 and broaden the flagship lineup

NIO opened pre-orders for a five-seat version of its best-selling third-generation ES8 on June 28, 2026 and set an official launch for July 9, offering a 655 km CLTC range, 900V architecture and 3,084 L of cargo capacity. The variant targets the large five-seat SUV segment — roughly three times the size of the three-row segment — for buyers wanting maximum cargo space without a third row, sitting alongside the six- and seven-seat ES8 models that topped 120,000 cumulative deliveries on June 22, 2026.

Reach 324 satellites for initial regional coverage

Continue the deployment push toward a 324-satellite initial network, which management frames as the threshold for initial regional broadband coverage, targeted by July 2026. With 238 satellites in orbit after the July 4–5 batches, roughly 5 more batch launches are still needed to hit that mark.

Ship the official DeepSeek-V4 release

Graduate the April preview of V4-Pro and V4-Flash to an official release — announced for mid-July 2026 with 1M-token context standard and stronger agentic, math and coding performance — alongside DeepSeek's first peak/off-peak API pricing.

Golden Dome C2 software ready for testing

The Anduril-Palantir consortium building the command-and-control 'glue layer' for the $185 billion Golden Dome missile shield aims to have the software platform ready for testing in summer 2026. A successful test phase would position Palantir for what analysts estimate could be a multi-billion-dollar role in phase one of the program.

Close the Astrobotic acquisition

The up-to-$300M acquisition of lunar-lander maker Astrobotic (announced June 2, 2026) was expected to close by early July 2026 pending regulatory approvals, turning Voyager into an end-to-end lunar infrastructure provider. Watch for the closing announcement and integration plan.

Chang'e-7 and Tianwen sample-return missions

Launch Chang'e-7 to the lunar south pole on a Long March 5 from Wenchang — spacecraft arrived at the launch site in April 2026 and launch is targeted no earlier than August 2026. Tianwen-2 reached the asteroid Kamo'oalewa on June 7, 2026 and is to collect ~100 g of regolith (sampling targeted July 2026) for return around late 2026/early 2027, building toward the Tianwen-3 Mars sample return.

NRC decision on Clinch River construction permit

The NRC's mandatory uncontested hearing on TVA's construction permit for the first US BWRX-300 is set for August 13, 2026 (record open until August 27), after NRC staff recommended issuance in their June 2026 safety evaluation. A permit would clear TVA to start physical construction at Oak Ridge.

First flight and entry into service for the A350F

Airbus aims for the A350F to make its first flight in Q3 2026 and to enter commercial service in the second half of 2027. The backlog now exceeds 100 freighters after Atlas Air's 20-aircraft firm order in March 2026.

Finish Symphony sprint core and run the Q3 2026 test cycle

Complete sprint core assembly at the Colorado R&D supercenter by mid-2026 and run a full sprint core test cycle in Q3 2026 covering the high compressor, combustor, and high turbine — the key technical gate for de-risking both Symphony and the Superpower turbine.

Launch the all-new L9 internationally

Li Auto plans to begin international sales of an International Exclusive Version of the all-new L9 in Q3 2026, entering the Middle East and Central Asia via direct sales and local partnerships — its first major overseas push.

First passenger revenue flights in UAE under GCAA RTC program

The GCAA's Restricted Type Certificate program, signed May 7, 2026, gives Archer a streamlined path to limited commercial operations in Abu Dhabi as early as Q3 2026 — ahead of U.S. commercial certification. Abu Dhabi Aviation is the planned launch operator. Eight commercial-readiness workstreams (aircraft, ops, maintenance, crew training, airspace, vertiports, security, oversight) are in progress with the GCAA.

First transition flights of the engineering prototype

Partial transition flights at ~30 kt are slated for summer 2026, building toward full wingborne flight above 85 kt by the end of the year — the decisive aerodynamic milestone for the lift-plus-cruise design, confirmed on track at Farnborough in July 2026.

Sustain launch cadence toward ~45 satellites in 2026

With BlueBird 8, 9 and 10 successfully launched on June 17, 2026, the next three BlueBirds (11, 12 and 13) are targeted to launch on a SpaceX Falcon 9 from Cape Canaveral in the first half of August 2026 — as of early July, BlueBird 11 was en route from AST's Midland, Texas facility to Cape Canaveral, with 12 and 13 to follow. AST is sustaining up-to-six-per-month manufacturing (BlueBird 11-37 in production/assembly) and using SpaceX/Blue Origin launch slots to reach roughly 45 satellites in orbit during 2026 and enable continuous coverage in key markets.

Complete key Canadian landing stations

Finish the Papineauville, Quebec landing station in Q3 2026 and the Saskatchewan sites (Estevan, Shaunavon) by year-end so the terrestrial network is ready for initial satellite operations and customer trials. As of Q1 2026 this work is progressing on schedule.

FDA decision on mRNA flu vaccine (mRNA-1010)

Await the FDA's decision on Moderna's standalone mRNA seasonal flu vaccine, expected around August 5, 2026 following a 9-0 favorable advisory-committee vote. Approval would add a fourth respiratory franchise product.

Close the ~$10B Crinetics acquisition

Complete the agreed ~$10B cash acquisition of Crinetics Pharmaceuticals (expected Q3 2026) and integrate its marketed acromegaly drug Palsonify and endocrinology pipeline — Vertex's largest-ever deal and its entry into endocrine disease.

Close the $60B Cursor (Anysphere) acquisition

Complete the all-stock acquisition of Cursor-maker Anysphere announced June 16, 2026 — the largest acquisition of a venture-backed startup ever — pending regulatory approval, folding Cursor's coding data into Grok's training pipeline after the jointly built Grok 4.5.

Open the Les Ulis inference data center

Bring the dedicated 10 MW inference facility at Les Ulis (Essonne) online, complementing the 44 MW Bruyères-le-Châtel training site and giving Mistral direct control over serving capacity as usage scales.

Q2 2026 earnings report

Palantir reports Q2 2026 results on August 10, 2026, having guided to $1.797–1.801 billion in revenue (vs. $1.68 billion consensus at guidance time) and $1.063–1.067 billion of adjusted operating income. Investors will watch whether US commercial growth sustains its 133% pace and whether full-year guidance is raised again.

Maven Smart System becomes a formal DoD program of record

Deputy Defense Secretary Steve Feinberg's March 9, 2026 memo set an 'aggressive' deadline to complete the Maven Smart System's transition into a formal program of record by the end of fiscal year 2026 (September 30). The transition would give Palantir's flagship military AI platform stable, institutionalized funding across combatant commands.

Terran R first launch

Complete integrated vehicle testing and launch Terran R from LC-16 at Cape Canaveral, proving the vehicle in the medium-to-heavy market and beginning execution against a ~$3B launch backlog. Company target remains the second half of 2026, though some industry observers expect the debut to slip into 2027.

Convert DOE $17.5B commitment into firm US AP1000 orders

Finalize loan documentation for the conditional $17.5B DOE long-lead-item commitment and convert letters of intent (signed with seven potential partners) into firm orders with up to five utilities, at two AP1000 reactors per project.

Complete Ward250 power-ascension test campaign

Ward250 has begun non-commercial power ascension following its June 2026 criticality and full-power runs; Valar says it will share further test milestones as the campaign progresses through the rest of 2026.

Ramp Cybercab production from S-curve start to volume

With the first Cybercab off the line on Feb 17, 2026 and continuous production from April, the watch item is converting the slow S-curve start into exponential ramp by year-end. Tesla began public-road engineering tests of production Cybercabs in Austin on June 30, 2026 and said in mid-July it would start giving employees Cybercab rides at Giga Texas 'soon,' ahead of targeted paid Cybercab rides in Austin before year-end. Tesla has signaled the Giga Texas line will eventually target hundreds of units per week.

Expand Robotaxi geography and grow the unsupervised fleet

Tesla expanded unsupervised Robotaxi from Austin to Dallas and Houston in April 2026 and on June 3, 2026 widened the Austin geofence to cover the full Austin metro including Pflugerville, Manor, and I-35. It is now seeking out-of-state expansion: on June 5, 2026 it filed for a Nevada AVNC permit to run up to 5,000 robotaxis in Clark County (Las Vegas) and filed a First Responder Interaction Plan for a planned Phoenix-area Arizona launch, with Florida (Orlando, Tampa, Miami) also on the roadmap. The watch items are growing the still-small fleet (only ~20 unsupervised vehicles in Austin plus a handful in Dallas and Houston), converting these permit filings into live service, and Musk's stated goal of being widespread in the US by year-end.

Stabilize Gravity after seatbelt recall and reset 2026 guidance

Clear the bloated Gravity inventory left after the Q1 supplier disruption and 4,476-unit seatbelt recall, restore delivery cadence, and have new CEO Silvio Napoli reset 2026 production guidance (suspended from the previous 25,000-27,000 vehicle target).

Launch fare-charging service in Dubai

Convert Dubai driverless testing — run with the RTA — into a public, fare-charging robotaxi service in the second half of 2026 with a fleet scaling to several hundred vehicles, Pony.ai's first commercial Middle East deployment.

Begin first passenger operations in UAE and U.S. eIPP markets

Joby's Dubai vertiport network cleared a decisive hurdle on July 7, 2026 when the GCAA certified the flagship VDX vertiport at DXB — the world's first certified commercial eVTOL vertiport — with public service across the four-node network (VDX/DXB, American University of Dubai, Palm Jumeirah, Dubai Mall) directed to launch before the end of 2026, subject to Joby completing final GCAA operational certification. In the U.S., management expects to sign eIPP agreements in Q3 2026, with supervised operations of both its eVTOL and autonomous platforms targeted to begin in the back half of the year — across markets including NY/NJ, TX, FL, NC, and UT — ahead of full type certification, with the JFK–Manhattan corridor a leading candidate for early service.

Complete Phase 4 FAA testing — piloted transition flight is the key milestone

With Phase 3 formally closed and TIA unlocked, Archer is now in Phase 4 formal for-credit FAA testing. The most closely-watched remaining milestone is a publicly demonstrated PILOTED transition flight — where a human pilot manually shifts Midnight from VTOL to forward-flight mode under FAA observation — slated for H2 2026. Completion of Phase 4 and the full for-credit test campaign is the prerequisite for a U.S. type certificate.

Stand up initial U.S. operating footprints ahead of eIPP and LA28

With Florida, New York, and Texas selected for the White House's eIPP, Archer needs to establish local teams, vertiport infrastructure, and procedures supporting supervised Midnight operations in H2 2026. Longer-range, Archer is the named official air taxi provider of the 2028 LA Olympics — giving it a high-profile commercial anchor to build U.S. capacity toward.

Launch public ticketed pilotless passenger flights in Guangzhou and Hefei

The world's first ticketed pilotless eVTOL services — sightseeing first, urban commuting later — slipped past the original March 2026 target and remain pending additional CAAC operational and safety requirements. The AOC-holding operators have flown 3,000+ trial commercial missions with zero accidents, and EHang says preparations (including a CAAC-framework crew training program, ready to launch on approval) are complete on its side.

Advance in vivo cardiovascular programs

Report further CTX310 (ANGPTL3) Phase 1 data in H2 2026 and progress the Lp(a)-lowering programs CTX320 and next-generation CTX321 — establishing one-time in vivo gene editing for cardiovascular disease.

Deliver zugo-cel (CTX112) autoimmune & oncology readouts

Report additional autoimmune and hematologic data for zugo-cel in H2 2026, advancing its off-the-shelf CAR-T toward registrational studies in lupus and B-cell cancers.

Reveal the io consumer device

Unveil the first Jony Ive-designed io hardware device, targeted for a second-half-2026 announcement, marking OpenAI's entry into consumer hardware.

Ship Grok 5

Release the ~6-trillion-parameter Grok 5, still training on Colossus 2 after missing Musk's original Q1 2026 window and a subsequent Q2 window; Musk has claimed a '10% and rising' chance it constitutes AGI. The repeated slips make this the division's most-watched milestone.

Close the reported ~€3B round at a ~€20B valuation

Convert the early-stage talks reported by Bloomberg in June 2026 — about €3B at roughly €20B, nearly double the Series C valuation — into a closed round to bankroll data-center buildout and frontier model training.

Publicly release the next-gen open-weight frontier model

Graduate the new 'fat but sparse' mixture-of-experts frontier model — in early access with research, government and industry partners since July 2026 — to a broad open-weight release, Mistral's next attempt to close the capability gap with OpenAI, Anthropic and Google.

Start construction of the 1.4 GW Campus AI

Begin building the 1.4 GW Paris-region AI campus joint venture with MGX, Bpifrance and Nvidia — Europe's largest announced AI data-center project — with construction slated to start in the second half of 2026 and operations targeted for 2028, toward ~200 MW of Mistral capacity by 2027 along the way.

Close the ~$30B follow-on round

Convert the early talks reported by Bloomberg in June 2026 — $1–2B sought at a $30B valuation, the third raise in six months — into a closed round to fund K-series training compute.

Ship the next frontier GLM model

Sustain the five-month GLM-5 → 5.2 cadence with the next flagship — reported (though not officially announced) to be GLM-5.5, expected around August 2026 — to defend its open-source coding lead against Moonshot's K3 and DeepSeek's V4.

N2P volume production

The enhanced 2nm node enters volume production, offering a performance/power step over N2 for the 2027 flagship chip generation while N2 itself ramps through Taiwan's Fab 22 and Fab 20.

Vera Rubin systems reach customers

Rubin NVL72 racks and cloud instances become available from partners — AWS, Google Cloud, Azure, Oracle, CoreWeave, Lambda, Nebius, and Nscale — with the volume ramp building through Q4. The pace of this transition (while Blackwell keeps selling) is the single biggest thing to watch in AI hardware.

First gigawatt of the OpenAI deployment goes live

The first 1 GW of the ≥10 GW OpenAI partnership deploys on the Vera Rubin platform, unlocking the first tranche of Nvidia's up-to-$100B progressive investment.

Blue Moon MK1 'Endurance' lunar demo mission

Fly the first Blue Moon Mark 1 cargo lander ('Endurance') to the Moon's south pole (Shackleton Connecting Ridge), validating up to 3-tonne cargo delivery, cryogenic propulsion, and autonomous GN&C. NASA's Moon Base I launch window is no earlier than fall 2026; the lander has cleared thermal vacuum testing at NASA Johnson and is moving into radio-frequency compatibility testing at Lunar Plant 1, though launch timing is tied to New Glenn's return to flight.

Debut Alpha Block II on Flight 8

Fly the first full Alpha Block II configuration — with a 7-foot fuselage extension, in-house consolidated avionics, upgraded thermal protection, and stronger carbon composite structures — after Flight 7 validated key avionics and thermal upgrades. Firefly is targeting a late summer 2026 debut.

Bring Nova through its first flight

With SLC-14 rebuilt and the first stage now through proto-qualification (46 structural verification tests completed at Moses Lake in June 2026), the remaining steps are full-duration first-stage engine/stage testing, second-stage qualification, and stage integration ahead of Nova's first orbital launch, targeted for late 2026.

Long March 10 toward a crewed Moon landing

Fly the single-stick Long March 10A on its first orbital mission (Mengzhou 1) in late 2026 and the full triple-core vehicle in 2027, then conduct the two launches needed to land Chinese astronauts on the Moon before 2030.

Nebula-1 maiden flight & first-stage recovery

Fly the first Nebula-1A from the now fully operational Haiyang sea pad and attempt a controlled first-stage splashdown/recovery to validate both orbital insertion and vertical recovery in a single mission. The mid-2026 target has slipped: as of July 2026 the debut remains unflown, with launch trackers listing the demo flight no earlier than December 2026.

Bring Tiny Merge online and use it to inform Orion

Stand up the Tiny Merge agile testbed by the end of summer 2026 and use its faster experimental loop to lock in final FRC formation and ring-merging choices that flow into the Orion power plant design.

Stand up Megapack 3 and Megablock production at Houston

Tesla still targets late-2026 first production of Megapack 3 and Megablock at the new Brookshire/Houston Megafactory (50 GWh/yr design capacity), adding to Lathrop and Shanghai Megapack output.

Ship Isaac GR00T H2+ in October

Deliver the Nvidia/Sharpa-co-developed H2+ Isaac GR00T reference humanoid starting October 2026 to anchor research customers including Allen AI, ETH Zürich, Stanford's Robotics Center and UC San Diego, then scale the platform into commercial customers. As of mid-July 2026 the October ship target stands with no status change since the June 1 COMPUTEX unveiling.

Launch R2 Premium and lower-priced R2 variants

Rivian has staged the R2 lineup: the $57,990 Performance Launch Edition ships first, followed by the R2 Premium at $53,990 in late 2026 and the long-range R2 Standard at $48,490 in 2027. At the June 2026 launch Rivian pulled its entry-level rear-wheel-drive R2 Standard forward from late 2027 to summer 2027, firming the price at $44,990 (350 hp, 275+ mi est. range) after customer pushback over the original timeline.

Launch the Lucid-Nuro-Uber robotaxi service in the Bay Area

Complete validation and launch the first commercial Lucid-Nuro-Uber robotaxi service in a major U.S. city (San Francisco Bay Area) in late 2026 — building on autonomous on-road testing that began December 2025 and Nuro's California DMV driverless testing permit secured in April 2026 — then scale toward the expanded ≥35,000-vehicle Uber commitment.

Start mass production of the AeroHT flying car

XPeng AeroHT plans to begin mass production of the modular 'Land Aircraft Carrier' in 2026 with customer deliveries in late 2026, scaling its dedicated factory from 5,000 toward 10,000 units per year against 7,000+ intent orders.

Scale IRON humanoid robot production

XPeng aims to reach 1,000+ IRON humanoid robots per month by the end of 2026 and begin the first commercial deployment (as showroom assistants) in Q1 2027, part of a long-term goal of 1M robots by 2030.

Launch the Zeekr 8X and expand its export lineup

Zeekr plans to launch the 8X — a second PHEV SUV — in late 2026 and begin its overseas rollout (Q4 2026 into Q1 2027), broadening its plug-in hybrid range for global markets.

Enter Australia and Latin America

Zeekr plans to launch the 9X in Australia in late 2026 / early 2027 and to expand into Latin America, part of a broader premium-export push under Geely.

Deploy Gen-4 Robotruck fleet

Move the fourth-generation Robotruck platform — which cuts autonomous-driving kit (ADK) bill-of-materials cost roughly 70% versus the prior generation — from rollout into mass production and initial fleet deployment by late 2026. Pony.ai is already running fully driverless Robotrucks at Jiangmen Port in Guangdong and has completed 1+N driverless platooning tests in extreme weather, proving the freight stack can scale beyond pilot operations.

Launch Spain's first commercial robotaxi service

Turn the June 2026 Madrid pilot with Uber and AVOMO into live commercial service on the Uber app later in 2026, starting with trained vehicle operators and scaling toward fully driverless coverage of central urban Madrid.

Complete FAA Stage 5 (TIA) and receive U.S. type certificate

Joby is in Stage 5 — the final FAA certification gate — with TIA flight testing underway on its first production-conforming aircraft (N547JX). Joby pilots are flying the initial campaign to set up the decisive step: FAA pilots taking the controls for the rigorous 'for credit' TIA inspection flights at Joby's Marina, California facility later in 2026, validating range, speed, and energy management under operational conditions. Analysts expect the U.S. type certificate by late 2026, which would be the first ever granted to a commercial eVTOL in U.S. history.

First Land Aircraft Carrier customer deliveries

He Xiaopeng reaffirmed at the April 2026 Beijing Auto Show that mass production and first deliveries are planned 'within 2026', with volume ramp in 2027 — contingent on the CAAC granting the X3-F air module its type and airworthiness certificates, which remain pending. The factory is in pilot production and CALB's aviation batteries are in mass production.

Start production of six certification-conforming prototypes

Production of six conforming prototypes begins later in 2026 with the first assembly completed around year-end and roughly a one-per-month cadence thereafter; the first piloted flight is targeted for mid-2027, opening the ~12-month conforming flight-test campaign ANAC requires.

Scale toward 25M customers and launch gigabit service

After crossing 12M customers on June 4, 2026 (~27,700 net adds/day), Starlink targets roughly 25M active users by year-end 2026 and plans to debut gigabit-class consumer service on the back of V3 capacity — Elon Musk claims a 10 Gbps symmetric peak has been demonstrated in Utqiagvik, Alaska.

Launch initial commercial service in late 2026

Transition from enterprise beta (live since April 8, 2026) to broader commercial service, now expected later in 2026 after the mid-2026 target slipped. With the early-July Atlas V launch lifting the constellation to 396 satellites, Amazon Leo VP Chris Weber says the fleet is now large enough for 'continuous service across initial latitudes'; the initial commercial launch will focus on enterprise, government, and mobility customers in the U.S., Canada, UK, France, and Germany before expanding coverage toward the equator.

Launch Canadian commercial service with TELUS

Begin text, voice, and data coverage in remote Canadian regions through the TELUS partnership — TELUS has both a commercial agreement and a direct equity stake in AST — using standard smartphones and TELUS-backed ground infrastructure, with service targeted for late 2026 (complementing existing Canadian partner Bell).

Start the Google compute contract at Colossus 2

Ramp ~110,000 GPUs of Colossus 2 capacity for Google's $920M/month lease, which runs October 2026 through June 2029 (~$30B) — with either party able to cancel on 90 days' notice after December 31, 2026, making early execution critical.

Release full Kimi K3 open weights

Publish the complete K3 weights on Hugging Face — promised within about ten days of the July 16 launch — cementing the largest-ever open-weight release and its modified-MIT licensing.

Complete Haven-1 integration and environmental testing

Vast says it will finish all three integration phases (fluids/life support, avionics/GNC, crew interior and MMOD shielding) plus environmental testing in 2026. Watch for phase-completion updates and the flight vehicle shipping to test — the last major gates before launch.

Neutron first launch

Fly Neutron's maiden mission from Wallops; first launch is still targeted for Q4 2026. As of a July 2026 progress review, the first-stage structure is in qualification at Rocket Lab's Middle River, Maryland facility — bearing launch, reentry, and landing loads — the fairing system is being prepared for integrated assembly at Wallops, two Archimedes engine test stands at NASA Stennis are running roughly 20 hours a day, seven days a week, and FAA launch permits are filed (window July 1–Dec 31, 2026). In mid-July 2026 Rocket Lab completed a full-duration hot fire of the second-stage Archimedes Vacuum (AVac) engine — a critical propulsion milestone toward the debut. CEO Peter Beck has told investors to watch for 'placing of items on test stands' as the near-term progress benchmark on an 'aggressive schedule' to the pad.

Complete the Project Ascension reactor at INL

Finish construction of the second, commercial-scale reactor on the Aalo-X campus — excavation and earthwork were complete by criticality day and first-concrete preparation is underway, with reactor completion targeted by end of 2026.

Commission the Aalo-0 sodium test prototype

Bring the full-scale non-nuclear sodium test prototype into commissioning in Austin to validate thermal-hydraulic performance ahead of commercial reactor production.

Resolution of the NRC licensing lawsuit

The federal suit Valar joined against the NRC over small-reactor licensing is stayed until September 29, 2026, while the parties pursue a settlement that could exempt low-power test reactors from full commercial licensing — a key unlock for Valar's path to commercial operation.

Close the proposed TMTG merger and file Form S-4

File the still-pending Form S-4 with the SEC (unlocks an additional $100M of TMTG cash for TAE on top of the $200M provided at signing), then obtain TMTG shareholder and regulatory approvals to close the all-stock merger — a June 10, 2026 update pushed the target to Q4 2026 or sooner and dropped the earlier plan to spin off Truth Social — and fund Da Vinci construction.

Ramp the Szeged, Hungary plant to full-scale production

Trial production at BYD's first European car plant in Szeged, Hungary began in January 2026 producing the Dolphin Surf and Atto 2. EVP Stella Li told Reuters in June 2026 that full-scale series production has slipped to Q4 2026 — about a year later than first planned — with equipment still being installed, ramping toward a planned ~200,000-vehicle-per-year capacity (€4B total investment). With BYD's planned €1B Turkey (Manisa) plant put on hold in June 2026 after Ankara withdrew tax incentives, Hungary is now BYD's top European manufacturing priority; the company is also standing up a European headquarters and R&D base in Budapest and scouting a second European production site for longer-term volume.

Bring the Zeekr 9X to Europe

After starting its global export rollout in June 2026 (Middle East first, then Central Asia in Q3), Zeekr plans to enter Europe with the 9X luxury PHEV SUV in Q4 2026.

Complete Critical Design Review and stand up early production

Vertical expects to complete the Critical Design Review by the end of 2026, locking the certifiable design baseline for Valo. In parallel, an early production aircraft assembly facility comes online in Q3 2026 and the expanded Vertical Energy Centre battery facility in Q4 2026 — the industrial base for the seven UK-built certification aircraft.

Povetacicept FDA decision in IgA nephropathy

Await the FDA decision on povetacicept (from the Alpine acquisition) for IgA nephropathy after Phase 3 RAINIER showed a 52% reduction in proteinuria; a PDUFA target date is set for late 2026.

Complete a landmark IPO

Convert the June 2026 confidential filing into a public listing — with bankers reported in mid-July to be lining up investor meetings for a possible October Nasdaq debut — in what would be one of the largest AI IPOs ever, with underwriting reported to involve Goldman Sachs, JPMorgan and Morgan Stanley.

First live weapons shot from the Fury CCA

Anduril has begun integrating weapons on the YFQ-44A and its engineering SVP says the company will 'execute our first live shot next year' (stated November 2025, i.e. in 2026). A successful weapons employment would be a major de-risking step as the FQ-44A enters production — watch for a test at Edwards AFB or a range event tied to the Nellis Experimental Operations Unit.

Arsenal-1 adds Roadrunner, Barracuda, and a classified platform to production

Fury production started in March 2026, and Anduril says the Ohio mega-factory will also be producing Roadrunner, Barracuda, and an unannounced classified platform by the end of 2026. Whether the promised automotive-style production rates materialize is the key test of Anduril's entire manufacturing thesis.

SG-1 Fathom reaches full operational capability with the Royal Navy

After Hebridean Sea swarm trials and the December 2025 launch of the UK's Atlantic Bastion undersea-surveillance network, hundreds of Plymouth-built Fathom gliders are to reach full operational capability by the end of 2026. Watch for the first sustained North Atlantic ASW patrols and any follow-on orders from other NATO navies.

imec qualifies the EXE:5200 for sub-2nm

The imec research hub's newly installed EXE:5200 — one of fewer than a dozen High-NA tools worldwide — targets sub-2nm process qualification in Q4 2026, de-risking High-NA recipes for the whole industry.

Rebuild LC-36 and return New Glenn to flight

With the FAA grounding lifted on May 22, 2026, the gating item for return-to-flight is rebuilding LC-36 after the May 28 hotfire explosion. Rather than replace the destroyed transporter-erector, Blue Origin adopted a hybrid horizontal-integration/crane-erect concept of operations (detailed June 30, 2026): stages are mated horizontally in the integration facility, rolled to the pad, and raised vertical by crane, with the payload installed only after the vehicle is upright. By early July 2026 debris removal was complete and reconstruction had begun; the company targets a rebuilt LC-36A ready by December 2026 for NG-4 (likely the next Amazon Leo batch, flown on the second flight-ready booster), with a second pad, LC-36B, expected in service by late 2027 to lift long-term cadence.

Launch Blue Ghost Mission 2 and activate Ocula

Execute the far-side lunar mission with Blue Ghost and Elytra Dark — delivering ESA's Lunar Pathfinder satellite to lunar orbit before Blue Ghost touches down on the far side for at least 10 days of surface operations — then keep Elytra in lunar orbit for communications, calibration, and Firefly's Ocula imaging service.

Reflight the recovered Long March 10B booster

Having achieved China's first orbital first-stage recovery on the Long March 10B's July 10, 2026 maiden flight (sea-based net capture), refurbish and reflight the recovered booster before the end of 2026 — the step that turns a one-off recovery demonstration into genuine operational reusability and the clearest proof CASC has matched the core SpaceX capability. Scale toward routine reuse across the reusable Long March fleet (10B and 12B).

Gravity-2 first flight and engine qualification

Complete Yuanli-110 engine and stage testing and fly the reusable kerolox Gravity-2 for the first time, now targeted for the end of 2026 after earlier schedule slips.

Close a binding TVA power purchase agreement

NuScale's biggest near-term commercial milestone is converting the ENTRA1-TVA nonbinding 6 GW framework into a binding power purchase agreement. CEO John Hopkins reaffirmed around the Q1 2026 earnings cycle that he expects the PPA to be resolved by the end of 2026, which would unlock site-specific project structures and clear the way for construction to begin.

Advance the Dow Seadrift project through NRC review

Carry the four-unit Long Mott Generating Station at Dow's Seadrift, Texas site through NRC review — the NRC completed its environmental assessment with a Finding of No Significant Impact on May 18, 2026, and, under an accelerated ~18-month review, could act on the construction permit around the end of 2026 — while advancing detailed execution with newly signed engineering partner Fluor (FEL-2 services) so the project can move toward construction later this decade.

Install all 18 SPARC TF magnets

Finish installing the remaining SPARC toroidal-field magnets in Tokamak Hall by the end of summer 2026, building on the first magnet placed at CES 2026 and the second vacuum-vessel half lowered in May 2026.

Deliver ~870 aircraft and hit 2026 guidance

After a soft Q1 (114 deliveries), Airbus delivered 351 aircraft in H1 2026 (89 in June, up from 81 in May) — its best first half since 2019 — and must hand over around 520 more (roughly 87 per month) over the rest of 2026 to hit the reaffirmed 870-aircraft target, alongside EUR 7.5B adjusted EBIT and EUR 4.5B free cash flow before customer financing; management is internally aiming beyond 900. Airbus expects about 80 handovers in July and heads into the July 20-24 Farnborough Airshow, where it is expected to add widebody orders (including from Philippine Airlines).

Assemble first integrated 42 MW Superpower pre-production turbine

Use the sprint core results to assemble a fully integrated 42 MW pre-production Superpower turbine by the end of 2026 and reach operational readiness in the first half of 2027 ahead of the first Crusoe deliveries.

Hit the Greensboro Superfactory 500-employee benchmark

Boom's Piedmont Triad Airport lease allows termination if fewer than 500 people are employed at the Overture Superfactory by December 31, 2026 — against an original commitment to hire 1,761 workers at the site. With the 179,000-sq-ft hangar still yet to produce a single aircraft and largely idle as of June 2026, hitting (or renegotiating) that benchmark is now a near-term execution gate before Overture aircraft production can credibly start; the company says it 'looks forward to beginning Overture test production in North Carolina as soon as possible.'

Ramp R2 to a second shift and deliver 20,000-25,000 units in 2026

With first customer deliveries (June 9, 2026) and a Q2 R2 ramp behind it — roughly 1,100+ R2 deliveries inside a total 12,194-vehicle Q2 — Rivian kept widening its daily order-invite cadence: assigned R2 VINs jumped past 4,100 by mid-July 2026 (up from ~2,820 a week earlier, the steepest weekly increase since R2 entered production, with deliveries still trailing the VIN pace). The central execution test now is ramping the Normal R2 line from one shift to a planned second shift later in the year (still not activated as of mid-July) and hitting Rivian's 20,000-25,000 R2 delivery target inside its raised 65,000-70,000 full-year guidance, on the path to a 4,000 vehicles-per-week run-rate. Each R2 Performance Launch Edition ships with Autonomy+ (Universal Hands-Free assisted driving across ~3.5 million miles of U.S. and Canadian roads) included.

Start midsize Cosmos/Earth and Gravity robotaxi production

Lucid's stated plan is to begin production of new midsize EVs (Cosmos and Earth, starting under $50,000) and the Gravity-based robotaxi before year-end, moving the company past its luxury niche and feeding the Uber robotaxi network.

Cross 1 million paid rides per week

Co-CEO Tekedra Mawakana has guided to more than 1 million paid robotaxi rides per week in the U.S. by the end of 2026, roughly doubling the ~500,000 weekly run-rate that has held through mid-2026 as new cities, the Ojai fleet, and broader service areas come online.

Reach 200+ driverless trucks in operation

Management's explicit scale target is to end 2026 with more than 200 driverless trucks in operation, translating to ~$80M of TaaS revenue on a run-rate basis and setting up industrialized scaling in 2027 and beyond.

Scale to 3,500+ robotaxis

After raising its year-end 2026 target in the first quarter, Pony.ai now aims to operate more than 3,500 robotaxis across over 20 cities worldwide by the end of 2026 — more than doubling the ~1,700-vehicle fleet it ran early in the year — with overseas markets expected to account for roughly half of those cities.

Refinance US$1.7B of Telesat Canada debt before December 2026

Telesat Canada's US$1.7B credit facility matures in December 2026 (roughly $450M more follows in 2027). Management says consolidated cash flows are insufficient to repay it and has engaged advisors to refinance, but acknowledges no guarantee of success. Creditors holding ~90% of the $1.7B are actively litigating the September 2025 Lightspeed equity transfer, which complicates negotiations. Resolving this is the company's most critical near-term priority — failure would trigger a restructuring that could jeopardize Lightspeed's timeline.

Launch first 2 production satellites

Launch the first two Lightspeed production satellites in December 2026, then use that in-orbit test campaign to clear the way for the heavy 2027 deployment cadence. Q1 2026 earnings confirmed the December 2026 target remains intact — contingent on the debt situation being resolved.

Isomorphic Labs first-in-human oncology trials

Advance the first AI-designed drug candidates from the IsoDDE/AlphaFold pipeline into first-in-human clinical trials, beginning with oncology — a milestone already delayed from end-2025.

Stand up a global frontier-AI standards body

Turn Demis Hassabis's July 2026 proposal for a U.S.-led, FINRA-style body to vet frontier models and coordinate safety measures into an operational institution, which he argues should launch before year-end.

Reach $1B+ ARR

Sustain the ~20x revenue ramp — from ~$20M (early 2025) past $400M (early 2026) — to management's target of more than $1B in annual recurring revenue by the end of 2026, driven by sovereign enterprise deployments, La Plateforme usage and Vibe subscriptions.

Deliver the raised 2026 guidance: €36–40B

The April 2026 guidance raise implies 10–22% growth at a 51–53% gross margin, built on 60+ planned EUV shipments and customers accelerating capacity expansion — the cleanest yearly test of whether AI-driven equipment demand holds.

Ax-5 private astronaut mission to the ISS

Axiom's fifth NASA-approved private astronaut mission, ordered January 30, 2026, will launch from Kennedy Space Center for up to 14 days docked to the ISS, with Voyager Technologies handling payload integration; the crew — expected to include more national-government astronauts — has not yet been announced.

CA-1 Europa (CA-1KA) first flight

The Grob-built autonomous combat aircraft is slated to fly for the first time in early 2027 in an optionally-piloted configuration with a Grob test pilot aboard. A successful maiden flight would validate Helsing's bet that a software company can field a combat aircraft in under four years and keep the 2029 IOC credible.

Haven-1 launch on Falcon 9

Launch readiness for the world's first commercial space station is set for Q1 2027, already re-baselined from August 2025 and then 2026. Watch for a firm launch date and the uncrewed Dragon docking verification that must follow before any crew flies.

Hit raised FY2026 revenue guidance

Management raised full-year 2026 revenue guidance to $230–255M on the strength of a record $275.3M backlog (+54% YoY), implying roughly 40–53% growth over 2025's $166.4M; results will show whether defense momentum offsets widening losses.

Fly the hybrid-electric Valo variant

The hybrid-electric defense/logistics variant is in ground testing on the HYPER rig, with turbogenerator supplier selection during 2026 and first flight targeted for the first half of 2027. The uncrewed configuration is being developed with Near Earth Autonomy under a partnership announced in July 2026.

NASA Commercial LEO Destinations Phase 2 award

NASA released the draft CLD Phase 2 solicitation on July 6, 2026 ($1–1.5B in funding FY2026–2031, minimum two awards, crewed flight test required by 2029); industry feedback is due July 27, the final RFP is expected in late August 2026, and contract award is expected in spring 2027. Winning is pivotal to Axiom Station's anchor-customer economics against Vast, Starlab, and Blue Origin.

NASA CLD Phase 2 award decision (Haven-2 bid)

NASA released the draft RFP on July 6, 2026 (industry feedback due July 27) for firm-fixed-price contracts to develop ISS-successor stations, with at least two early-development winners, a crewed flight test required by 2029, and the award expected in spring 2027. Vast's Haven-2 roadmap (first module 2028) hinges on selection.

Win a NASA CLD Phase 2 award

NASA released the Phase 2 draft RFP on July 7, 2026 (industry feedback due July 27) and plans at least two early development contracts for commercial space stations before a later down-select, with the award expected in spring 2027. Winning is the pivotal catalyst for Starlab's multi-billion-dollar opportunity.

Fly Eclipse for the first time

Continue Eclipse qualification and manufacturing work with Northrop Grumman — including Stage 1 tank testing on the ~100-ft-tall first stage — ahead of the medium-lift vehicle's inaugural launch from Wallops, now targeted no earlier than 2027.

Scale launch cadence for constellations

Ramp Tianlong-3 production and flight rate to serve China's national satellite-internet mega-constellation deployment.

Demonstrate first-stage recovery and develop Gravity-3

Recover and reuse the Gravity-2 first stage to validate the reusable architecture, then advance the even larger triple-core Gravity-3 — targeted to fly in 2027 — for mega-constellation and lunar missions.

Advance suborbital space tourism vehicle

Mature the crewed suborbital tourism vehicle and its Lihong test platforms toward a vehicle ready around 2027 and commercial service from 2028; space tourism is listed as a stated business line in the IPO prospectus.

First crewed suborbital tourism flight

Mature the suborbital tourism vehicle toward its first paying passengers after pre-selling 1.5 million-yuan tickets, with service targeted for 2027.

Begin reusable launch services & constellation deployment

Turn a successful debut into recurring reusable launches, including a cooperation toward deploying a new MEO satellite constellation.

Yueqian-1 final assembly and maiden flight

Complete final assembly and integrated testing of the first Yueqian-1 in the second half of 2026, then fly the debut orbital mission — and first tower-catch recovery attempt — in 2027.

Demonstrate high-temperature petrochemical process heat

Through its strategic partnership with Ebara Elliott Energy, NuScale is targeting a commercial-scale high-temperature steam compressor demonstration that would let SMRs deliver process heat above 500 °C for petrochemical customers, with the compressor build targeted for completion by 2027.

Pioneer 1 & 2 construction permit review

Advance the SMR-300 through U.S. licensing: the NRC accepted Holtec's partial Pioneer 1 & 2 construction-permit application for review in early 2026 and, on June 16, 2026, announced it will prepare an environmental impact statement for the dual-unit new-build — formally opening the environmental-review phase. Holtec's earlier schedule pointed to completion of the safety and environmental reviews by early-to-mid 2027.

AP300 NRC design certification

Complete US NRC design certification of the AP300 small modular reactor, anticipated by 2027, opening the door to site-specific licensing and construction of the first unit toward the end of the decade.

Generate power for a co-located data center at INL

Bring the Aalo-X campus to power operations so Project Ascension's 10 MWe reactor can feed an on-site experimental data center — the first nuclear plant purpose-paired with a data center.

Begin selling power on a test basis

CEO Isaiah Taylor says Valar hopes to start selling power from its reactors on a test basis in 2027, the company's first step from DOE-authorized testing toward commercial revenue.

SPARC first plasma and net energy (Q>1)

Bring SPARC online and achieve first plasma, then push to net fusion energy (Q>1) — CFS' published design work projects about Q ~11 and ~140 MW of fusion power, which would make SPARC the first magnetic-confinement machine built outside a government lab to produce more fusion power than it consumes.

Stand up TAE Beam UK and deliver first short-pulse beams

Operationalize the newly funded UKAEA joint venture at Culham, hire its neutral-beam program team, and deliver the first short-pulse beams within 18–24 months of program start (target ~late 2027 to mid-2028).

777-9 certification and first delivery

As of mid-July 2026 the 777-9 test fleet has logged more than 4,800 flight hours across roughly 1,700 flights and is about 50% through planned certification testing, with the TIA 5 block and ETOPS-focused test blocks remaining after the FAA granted TIA Phase 4B in June 2026. FAA Administrator Bryan Bedford has signaled that 777X type certification will come in 2027, after the agency finishes the higher-priority 737 MAX 7 (summer 2026) and MAX 10 (year-end) work — effectively ruling out a 2026 certification while Boeing continues to target first delivery to Lufthansa in 2027. Boeing is also still managing a GE9X engine durability issue.

Run integrated ZEROe ground testing

Airbus has confirmed the feasibility of its 100-seat hydrogen fuel-cell ZEROe concept at TRL 3 and now plans integrated ground tests at the Electric Aircraft System Test House in Munich combining hydrogen storage, distribution, and the four-fuel-cell propulsion stack into one validation setup.

Continue Overture aircraft and certification path

Keep Overture aircraft engineering, flight-deck, and supplier work advancing in parallel with the propulsion sprint so an Overture prototype rollout and certification path remain viable as Symphony hardware matures — even as the Greensboro Superfactory stays largely idle and United Airlines CEO Scott Kirby has publicly put Overture's odds at roughly 50-50. The FAA's June 30, 2026 proposed rule to repeal the U.S. overland supersonic ban (replacing it with a 0.11 psf noise-based standard) is a key regulatory tailwind for Overture's boomless-cruise design.

CJ-1000A domestic engine certification

The CJ-1000A engine, designed to replace the Western LEAP-1C on the C919, has completed flight-testing on a Y-20 testbed and is now expected to be certified in 2027-2028, enter daily C919 service around 2028-2029, and reach mass production by ~2030, reducing dependence on Western supply chains.

Fly the C919 derivative family

Move the C919's two announced derivatives from paper to hardware: bring the plateau-optimized C919-600 (Tibet Airlines launch customer, 40 orders) to its first flight, now targeted for 2027, and mature the stretched 200+ seat C919-800 with China Eastern toward a 2030 entry-into-service goal — broadening the family to chase the higher-capacity A321neo / 737 MAX 10 segment and high-altitude routes in western China.

Expand Mk 2.1 envelope toward Mach 3 by 2027

With supersonic flight achieved on May 26, 2026 and FAA clearance in hand for up to seven supersonic flights through year-end, Hermeus's next gate is steadily widening Mk 2.1's envelope toward Mach 3 in 2027 while bringing Mk 2.2 and Mk 2.3 online to push higher in the high-Mach regime. As of early July 2026 Mk 2.1's top speed remained Mach 1.21 and Mk 2.2 had not yet flown.

Enter the European market (Germany first)

Lei Jun has confirmed Xiaomi will begin international sales in Europe in 2027, starting with Germany, backed by a new Munich R&D center and hires from Tesla, BMW and Porsche.

Scale Middle East robotaxi network

Deploy 1,200 robotaxis across Abu Dhabi, Dubai, and Riyadh while expanding fully driverless service areas with Uber and local transport authorities.

Scale manufacturing at Ohio and California facilities

Bring Joby's expanded Dayton, Ohio footprint online — including the second, 700,000+ sq ft Ohio facility it agreed to acquire in January 2026 — and ramp propeller blade and component manufacturing across both California and Ohio sites. The composites team is already producing roughly 2.5x more parts than a year earlier, supporting a plan to roughly double U.S. capacity to four aircraft per month by 2027.

Advance the Anduril Thunder / Halo autonomous VTOL toward 2027 first flight

Following the July 20, 2026 unveiling of the jointly-developed autonomous, series hybrid-electric tilt-rotor platform, Archer and Anduril need to convert multiple full-scale surrogate test flights into a production aircraft, with first flight of the production Thunder defense variant targeted for 2027. Archer separately plans to name commercial 'Halo' launch partners, opening a dual-use revenue path beyond piloted Midnight air-taxi operations.

Begin phased eIPP operations in Texas

With TxDOT, SkyGrid, and the Texas Center for Advanced Air Transportation, Wisk's three-phase eIPP program moves from foundation flights to dedicated integrated routes and ultimately high-frequency Gen 6 operations — real-world autonomous operations with air traffic control that feed FAA rulemaking for autonomous passenger flight.

Achieve VT35 type certification

The CAAC accepted the VT35's type-certificate application in March 2025, and the program was in the certification-basis definition phase as of Q1 2026. EHang has guided to a 12–18 month path, implying certification in late 2026–2027, alongside construction of a dedicated VT35 production hub in Hefei with the local government and JAC Motors.

Enter Southeast Asia commercially, starting with Thailand

Five vertiport locations have been identified and the first operational route surveyed with Thai authorities, part of a broader international push spanning the Hong Kong regulatory sandbox, Türkiye, Switzerland, Qatar, and Latin America — converting EHang's 22-country demonstration footprint into commercial operations abroad.

Begin Middle East deliveries under the 600-unit GCC order

Fulfillment of the record 600-unit bulk order from Ali & Sons (UAE), Almana (Qatar), and ALSAYER (Kuwait) is slated to start in 2027 — Aridge's first international sales, building on the Dubai manned-flight permit from the UAE GCAA.

Launch commercial inter-island cargo operations in Indonesia

Following the June 3, 2026 DGCA type-certificate validation — the world's first overseas eVTOL validation — AutoFlight and its Indonesian partners plan to stand up commercial inter-island cargo operations, its first overseas market. No firm start date has been announced.

Begin commercial passenger air-taxi operations

Following Prosperity certification, AutoFlight plans commercial passenger operations in 2027–2028 on high-value corridors such as the demonstrated Shenzhen–Zhuhai cross-sea route (~20 minutes vs ~3 hours by car), initially with safety pilots aboard.

Stand up 2027 U.S. healthcare and restaurant drone services

Two major U.S. launches are slated for 2027: BayCare's Tampa Bay medical drone network — Zipline's first Florida deployment, carrying prescriptions, lab samples, and supplies, beginning in late 2027 in Pinellas County — and drone meal delivery for food-technology platform Wonder across 100+ Texas locations, starting in Dallas in January 2027.

Close the $11.57B Globalstar acquisition and integrate D2D capabilities

Complete the Globalstar transaction (announced April 14, 2026 at ~$11.57B / $90 per share, expected to close 2027) and fold Globalstar's 100+ country spectrum licences, Band 53/n53 spectrum, 24 LEO satellites, and direct-to-device expertise into an advanced Amazon Leo D2D network planned for 2028 — while preserving Globalstar's support of Apple's Emergency SOS service.

Execute Delta and JetBlue aviation deployments

Begin installing Amazon Leo hardware on 500 Delta Air Lines aircraft for a 2028 rollout and on selected JetBlue aircraft for 2027 — together covering two of the U.S.'s largest carriers with next-generation in-flight connectivity powered by Leo and integrated with AWS services.

Deliver and launch the 440-satellite Gen 2 refresh fleet

The first 100 next-generation OneWeb satellites (Airbus-built, featuring 5G integration, higher throughput, and IRIS2 compatibility) are targeted for delivery from Airbus by late 2026, with launches starting in 2027. The remaining 340 satellites (contracted January 2026) will follow through 2028-2029, replacing the Gen 1 fleet approaching its 5-7 year design life.

Mature individualized cancer-vaccine trials

Advance adjuvant pancreatic and colorectal trials of autogene cevumeran with Genentech toward final analyses, testing whether individualized mRNA vaccines can prevent cancer recurrence.

CCA Increment 1 autonomy down-select and software IOC

Alongside the June 2026 production award, the Air Force gave Anduril, Shield AI, and Collins Aerospace six-month mission-autonomy contracts, with a down-select to one or two vendors and initial operating capability for the CCA autonomy software targeted for summer 2027. Winning the software layer as well as the airframe would make Anduril the program's dominant player.

First scaled delivery of SBMC headsets to the Army

Under its $159M September 2025 SBMC award, Anduril's first 'scaled delivery' of the Meta-partnered EagleEye-based soldier system is slated for 2027. Watch Army field-test results closely — a July 2026 GAO report on legacy IVAS underscores how much scrutiny this program carries after Microsoft's stumbles.

NGC2 full-stack fielding to first two Army divisions

The Army's FY2027 budget request ($3.78 billion for NGC2) funds fielding the full NGC2 stack — with Palantir Foundry as the data layer — to two divisions in FY2027, following prototyping at the 4th Infantry Division, with three more division equivalents procured for FY2028. The Army wants all 11 divisions equipped within five years, a multi-year revenue runway for Palantir.

Launch of first Axiom Station module (PPTM) to the ISS

The Payload Power Thermal Module — carrying power, thermal systems, and eight science racks — will berth to an ISS cargo port before later detaching to anchor the free-flying station. Structures are in fabrication at Thales Alenia Space with final integration in Houston.

Vast-1: first crewed mission to Haven-1

Four astronauts, including French ESA reserve astronaut Arnaud Prost as flight test engineer, would arrive within weeks of launch on a SpaceX Dragon for a roughly two-week stay — but timing depends on SpaceX verifying Haven-1 is safe for Dragon docking, which CEO Max Haot has said could take from two weeks to much longer. Watch crew announcements and docking-verification progress.

Arizona Fab 21 Phase 2 begins 3nm production

The most advanced node yet manufactured in the US: construction finished months ahead of schedule, equipment move-in starts Q3 2026, and volume N3 production is targeted for 2027 — pulled in roughly a year from the original plan.

A16 volume production

TSMC's first node with Super Power Rail backside power delivery enters volume production, now targeted for 2027 after the April 2026 roadmap update moved it from H2 2026. Watch whether AI/HPC lead customers (the node's explicit target market) land on schedule.

First High-NA production insertion: Intel 14A risk production

Intel's 14A node is the first process built around High-NA EUV, with risk production slated for 2027 and high-volume manufacturing in 2027–2028; ASML plans ~10 High-NA plus 56 Low-NA EUV deliveries in 2027 to support the ramp.

Sixth ISS private astronaut mission (PAM-6)

Vast's first NASA private astronaut mission — up to 14 days aboard the ISS via Falcon 9/Dragon, commanded by ESA astronaut Thomas Pesquet with crew from France and other partner nations. Watch for full crew announcement and mission pricing/manifest details at the September 2026 International Space Summit in Paris.

Certify the H500A motor and the ALIA CX300

H500A electric motor certification has slipped past the original H1 2026 target: BETA is down to one unresolved issue — the FAA requires a demonstrated 'continued rotation' containment test, but engineers have been unable to consistently induce the specific failure mode. CX300 type certification has been pushed back as well: CEO Kyle Clark now targets FAA type certification in the second half of 2027 (from an earlier late-2026/early-2027 goal), with commercial operations following and the A250 eVTOL certified around 2028.

Rubin Ultra NVL576

The mid-generation upgrade scales to 576 GPUs per ~600 kW rack with 15 exaflops of FP4 inference and 365 TB of fast memory — a rack so power-dense it will force data-center redesigns.

Deploy the first Aurora powerhouse

Oklo is targeting late 2027-2028 for its first Aurora deployment at Idaho National Laboratory, which would make it one of the first commercial advanced fast-fission plants in the U.S.

Deliver first Superpower units to Crusoe

Begin handing over the first units from the 29-turbine, $1.25B+ Crusoe order in late 2027 (per CEO Blake Scholl in June 2026), then ramp Superpower production toward 1 GW in 2028, 2 GW in 2029, and 4 GW in 2030 to fund Overture development.

AxEMU spacesuit crewed demonstration readiness

Axiom is targeting spacesuit demonstration readiness in late 2027 to support the first Artemis crewed lunar landing, but NASA's Inspector General warned in April 2026 that on historical testing averages the demo could slip to 2031, leaving little to no schedule margin. Watch the remaining qualification and thermal-vacuum test campaign.

Dresden ESMC fab starts production

TSMC's €10B+ European joint venture with Bosch, Infineon, and NXP (TSMC 70%) finished structural construction in late 2025; equipment move-in runs through H2 2026 with production of 28/22nm and 16/12nm automotive-class chips targeted for late 2027 at 40k wafers/month.

JASM Kumamoto Fab 2 operations — upgraded to 3nm

Japan's second TSMC fab, under construction since October 2025 (~$13.9B), was upgraded in February 2026 from the originally planned 6/7nm to 3nm — which would give Japan its first leading-edge node when operations begin around the end of 2027.

TeraWave constellation deployment begins

Begin deploying the 5,408-satellite TeraWave broadband network (5,280 LEO + 128 MEO satellites in Q/V-band) on New Glenn rockets, delivering up to 144 Gbps LEO and 6 Tbps MEO optical capacity for enterprise, data center, and government customers worldwide.

A320 Family production ramp to 70-75/month

Airbus still plans to raise A320 Family output materially, with the target now a range of 70 to 75 aircraft per month by the end of 2027 — the timeline pushed out because of persistent Pratt & Whitney PW1100G-JM engine shortages that are throttling the ramp.

Convert defense wins into task orders (HALO Europa + SHIELD)

Deliver SDA's Europa Track 2 demonstration using AST's commercial satellites for tactical direct-to-device communications, and begin competing for task orders under the Missile Defense Agency's SHIELD / 'Golden Dome' IDIQ prime position won in January 2026 — establishing AST SpaceMobile USA as a repeatable defense contractor.

Reach initial coverage and move into commercial service

Maintain the heavy 2027 launch cadence, get roughly 96 satellites in orbit for global coverage, and transition into full global commercial service around the end of Q1 2028 after orbit raising and testing. This timeline was reaffirmed in Q1 2026 earnings, assuming Telesat successfully navigates the debt restructuring.

Free-flying Axiom Station (Hab-1 joins PPTM)

Hab-1, with four crew quarters and initial research and manufacturing capability, launches after PPTM; the two modules mate in an independent orbit to form a free-flying station roughly two years earlier than Axiom's pre-2025 plan, ahead of ISS retirement around 2030.

Finish TX-1 and begin licensed fuel manufacturing

X-energy's next major execution milestone is completing the TX-1 fuel-fabrication facility — now in vertical construction and on schedule for completion in the first half of 2028 — and turning it into an operating commercial plant that can supply first-core loads for early Xe-100 deployments. A July 2026 $11M Tennessee state grant now backs a broader Oak Ridge campus build-out adding a second commercial facility (TX-2, expected to create 1,000+ jobs) and an R&D center (TX-L), scaling total planned capacity to fuel about 55 Xe-100 reactors.

Mars cargo architecture

Beyond near-term lunar and Starlink V3 deployment missions, SpaceX still needs to prove Starship V3 rapid reuse with the Super Heavy booster catch, in-space propellant transfer between two Starships, and long-duration ship operations before Starship can support regular cargo missions to Mars. The S-1 explicitly anchors the long-term mission of 'making life multiplanetary' on this architecture.

Mature the fully reusable Long March 9

Develop the super-heavy, fully reusable Long March 9 for mega-constellation deployment and crewed deep-space missions later in the decade, with first flight targeted around 2033.

Secure HALEU fuel supply

Natrium operation depends on securing adequate HALEU fuel through TerraPower's partnerships with Centrus, Framatome, GNF-A, and ASP Isotopes, plus completing supporting fuel-fabrication and sodium test-and-fill infrastructure under the ARDP program.

Bring Hermes 1 online

Completing construction, fuel loading, and startup of the Hermes 1 low-power demonstration reactor in Oak Ridge to validate Kairos Power's reactor, fuel, and operating model. After a May 2026 permit amendment, Kairos expects to finish building Hermes 1 in 2028, with the NRC construction-completion deadline now set at April 30, 2029.

Begin construction of the first commercial Aalo Pod

Start building the first commercial 50 MWe Aalo Pod for a data-center customer, with construction planned to begin in 2028 and availability targeted for Q3 2028.

Reach full commercial operation

Taylor targets fully commercial operation in 2028, with reactors scaled toward 5 MWe per unit — contingent on NRC licensing or the regulatory relief Valar is pursuing, and on converting the Nvidia data-center exploration into a committed project.

Orion plant completion

Complete construction of the Orion fusion power plant in Malaga, Washington, and begin commissioning. With the assembly and office structures finished and Washington State's world-first fusion Radioactive Materials and Air Emissions licenses secured in June 2026, work now moves to the fusion generator building. This will be the world's first commercial fusion facility.

Deliver 50+ MWe to Microsoft

Fulfill the world's first fusion power purchase agreement by delivering 50+ MWe of electricity to Microsoft data centers via Constellation Energy, with financial penalties on Helion if the 2028 deadline slips.

EASA certification for C919

EASA remains around Phase 3 of a four-phase C919 review, with pilots and engineers keeping a near-permanent presence in Shanghai for ongoing flight and ground evaluations — China Southern completed the type's first heavy C-check (about 6,000 man-hours) in late May 2026, work European regulators are watching as part of the airworthiness review. EASA chief Florian Guillermet has said approval will not arrive before 2028 and could take three to six years overall — making EASA sign-off the single most important unlock for non-Chinese sales.

ANAC type certification and entry into service

Type certification by Brazil's ANAC and entry into service are targeted for 2028 (revised from 2027 in May 2026). Launch operator Revo plans São Paulo operations, and the Taubaté plant's first 120-aircraft/year module must be ready to support initial deliveries.

Reach cash-flow breakeven

Execute further cost discipline (~$1.5B of additional cuts) and grow the respiratory, oncology, and rare-disease franchises toward a targeted return to cash-flow breakeven in 2028.

Golden Dome space-based interceptor demonstration

Anduril leads one of 12 teams (with Impulse Space, K2 Space, Voyager, and Sandia) under Space Force OTA awards worth up to $3.2B, tasked with demonstrating a space-based interceptor capability by 2028. This is Anduril's first major move into space hardware and a marquee piece of the administration's missile-defense shield.

Cirra/Arexis Eurofighter EK integration work completes

The €258M contract with Saab Germany runs three years from its November 2025 signing, embedding Cirra's AI emitter-classification into the Arexis suite so 15 Eurofighter EK jets can replace the Tornado in the electronic-attack role by ~2030. Watch for flight-test milestones of AI-enhanced EW on the Eurofighter and any expansion beyond the initial 15 aircraft.

TSMC adopts High-NA at A14

TSMC is skipping High-NA for its 2nm and A16 generations but has committed to it from the A14 node — the volume order flow that would cement High-NA economics beyond Intel.

Feynman architecture with Rosa CPU

The generation after Rubin — announced on Nvidia's roadmap with advanced 3D chip stacking — keeps the annual-cadence data-center platform train running into 2028.

Blue Moon crewed lunar landing for Artemis V

Complete development of the Mark 2 crewed lander and execute the first crewed lunar surface mission under NASA's Artemis V, delivering astronauts to the lunar south pole.

Start competing for NSSL task orders

Complete the initial capabilities assessment and tailored mission-assurance work required to compete for National Security Space Launch Phase 3 Lane 1 missions.

First commercial eVinci deployment in Saskatchewan

Deliver the first Canadian eVinci microreactor with the Saskatchewan Research Council under its CAD 80M project, projected to be operational by 2029 subject to licensing and regulatory approval.

ES-30 type certification

Heart's current public target is ES-30 type certification in 2029, a milestone that would put the program among the first certified hybrid-electric commercial aircraft efforts. The schedule still hinges on first getting the all-electric X1 demonstrator airborne and maturing the X2 prototype's integrated hybrid-electric powertrain.

Achieve type certification of Valo

Type certification under the UK CAA and EASA's concurrent SC-VTOL Enhanced pathway is now targeted for 2029, re-baselined from 2028 in the July 13, 2026 business update, with entry into service to follow — including announced London routes such as a 12-minute Canary Wharf–Heathrow connection.

Execute the IRIS2 sovereign constellation program

Work through SpaceRISE on the EU's EUR 10.6B IRIS2 multi-orbit system (274 LEO + 18 MEO satellites), where Eutelsat is a core industrial partner and system development prime alongside SES and Hispasat. Critical Design Review is planned for early 2028, launches in 2029-2030, with governmental services beginning in 2030.

CA-1KA initial operating capability

Helsing targets 2029 initial operating capability for the kinetic-attack CA-1, with the CA-1EA electronic-attack variant to follow in 2031 — positioning it against Airbus's Wingman and US collaborative combat aircraft for German and allied orders. Watch whether Germany commits launch funding and how the Hensoldt sensor package matures.

Launch Starlab on Starship

The complete station is contracted to launch in a single SpaceX Starship flight, currently targeted for 2029 — timed to provide continuous LEO access before the ISS is retired around 2030.

Advance Xe-100 through UK Generic Design Assessment

Work the June 2, 2026 GDA submission with the UK Office for Nuclear Regulation, Environment Agency, Natural Resources Wales and DESNZ — an iterative multi-step review now expected to conclude around the end of 2029 — which will need to land successfully if X-energy and Centrica are to deploy up to 6 GW of new Xe-100 capacity in Britain.

Deliver first Google-backed grid power

Advance Hermes 2 into operation as the first TVA-grid deployment under Kairos Power's Google agreement, proving the transition from demonstration to commercial power sales.

Darlington Unit 1 completion and grid connection

OPG targets construction completion of the first BWRX-300 in late 2029 and commercial operation by the end of 2030 — which would make it the Western world's first operating grid-scale SMR. OPG applied for the 20-year operating licence in March 2026; shaft excavation was completed in early 2026 and tunnel-boring assembly is underway.

Ramp the one-million-square-foot reactor gigafactory

Expand from the 40,000 sq ft Austin pilot factory to a one-million-square-foot mass-production plant capable of roughly a gigawatt of reactors per year, ramping in 2030.

Prepare ES-30 for commercial service

Beyond certification, Heart says its goal is to bring electric flight into commercial regional service by the end of the decade while building the surrounding infrastructure and services stack, backed by 250 firm orders from United, Mesa, Air Canada and Rockton.

Launch a third robot platform this decade

Develop and launch a new robot platform beyond the current Atlas, Spot, and Stretch lineup. Interim CEO Amanda McMaster tied the mid-July 2026 $100M Waltham robotics and AI center expansion — with phased move-in from mid-2027 — to giving the team the space and resources to launch its 'third robot platform this decade,' the company's clearest public signal yet of a new commercial product line in development.

FAA type certification and autonomous service entry

Wisk targets type certification of Gen 6 and entry into commercial autonomous air taxi service around 2030, launching in Houston, Los Angeles, and Miami, with South East Queensland targeted by the Brisbane 2032 Olympics. Wisk is in FAA Stage 3 compliance demonstration, and the regulatory framework for autonomous passenger flight is being developed in parallel through the eIPP.

Scale toward a 15,000-satellite global network

Expand beyond Phase 1 into the long-term megaconstellation buildout aimed at more than 15,000 satellites for global coverage by 2030.

Become a multi-product oncology company by 2030

Scale BNT327 across eight-plus Phase 3 indications and broaden the late-stage pipeline while deploying the ~€17B cash reserve, targeting multiple approved cancer products by the end of the decade.

Hyper-NA EUV (0.75 NA) for sub-1nm nodes

ASML's next optical leap targets ~2030, alongside a demonstrated next-generation EUV light source that could lift chip output 50% by decade's end — the projects that would extend the monopoly another decade.

Execute Kemmerer Unit 1 construction

With construction underway alongside contractor Bechtel and a workforce mobilizing toward ~1,600, TerraPower's central execution challenge is building Kemmerer Unit 1 on schedule; project owner US SFR Owner LLC has told the NRC it expects to complete construction by February 2031, ahead of an operating-license phase and commercial operation in the early 2030s.

Build out the advanced fuel center

The Tennessee recycling facility is intended to become the first phase of Oklo's broader advanced fuel center, with metal fuel production targeted for the early 2030s after regulatory review. A June 2026 MOU with TRISO fuel maker Standard Nuclear adds Oklo's first third-party offtake pathway for recycled material.

First sodium reactor criticality

Targeting initial criticality of the Natrium reactor at the Kemmerer plant, marking the first sodium-cooled fast reactor to operate in the U.S. in decades, after construction completion targeted around February 2031.

UK and international SMR-300 deployment pipeline

Convert UK GDA Step 2 progress and the EDF Cottam partnership (Heads of Terms signed June 2026 for up to four SMR-300s, ~1.3 GW) into site-specific licensing and follow-on international deployments that can reuse the UK and U.S. regulatory work, alongside the Green River, Utah SMR-300 project.

First US BWRX-300 online at Clinch River

TVA targets commercial operation of the first US BWRX-300 at its Clinch River site in the early 2030s, supported by a $400M DOE Gen III+ award — positioned as the nation's first commercial SMR and the anchor of the $40B US–Japan Tennessee/Alabama deployment program.

Da Vinci grid power delivery

Deliver first fusion-generated electricity to the grid from the ~50 MWe Da Vinci prototype plant, establishing TAE as a commercial fusion power provider, with follow-on plants scaling to 350–500 MWe.

Begin commercial Natrium fleet under Meta agreement

Move the January 2026 Meta agreement for up to eight Natrium plants from early development into deployment, with the first commercial units targeted to come online as early as 2032. TerraPower's May 2026 commercialization agreements with HD Hyundai and HDEC are intended to build out the component-manufacturing and EPC supply chain needed to deliver the fleet at scale.

C929 wide-body development

Drive the C929 deeper into hardware execution: complete wind-tunnel and aerodynamic validation, lock in remaining tier-1 suppliers beyond Aviage/Safran/Crane, take delivery of Huarui Aero's first middle fuselage by September 2027, and ultimately pick a powerplant — still the largest open question for the program. COMAC has publicly set a prudent timeline of a China type certificate by 2032 and first commercial flight around 2035.

First Polish BWRX-300 units online at Włocławek

ORLEN and Synthos Green Energy's 50/50 JV (OSGE) selected Włocławek as the site of Poland's first SMR plant — planned as Europe's first BWRX-300 — with the ORLEN Group roadmap targeting at least two units (0.6 GW) commissioned by 2035.

Advance the Nucor deployment

Move the Nucor commercial agreement from customer commitment into a concrete plant deployment for a 500 MWe fusion facility serving industrial manufacturing, with operations targeted as soon as 2030.

Define the next-generation single-aisle platform

Airbus is maturing the engine, wing, battery, materials and systems choices that could support a next-generation single-aisle aircraft with 20-30% better fuel efficiency and 100% SAF capability, targeting service entry in the second half of the 2030s.

Prove high-cadence reusable launch operations

Move from development testing to operational launch cadence by validating Nova's rapid-refurbishment architecture and reusable ground systems at Cape Canaveral.

Lead on AI safety and navigate policy

Advance Anthropic's interpretability and safety research and its model-safety classifiers, while navigating U.S. government scrutiny of frontier models — including the mid-2026 export-control episode around its most capable models.