Sitting up over 30% after hours, $ACHR announced a flurry of information on their earnings call this afternoon.

In addition to the funding, Archer announced the settling of a lawsuit previously against Boeing and Wisk Aviation revolving around trade secrets.

With the addition of Boeing as a strategic partner and a continued partnership with United Airlines, in my opinion, Archer is closing the gap on $JOBY as the industry leader.

Currently sitting at ~7% of my portfolio, MP Materials ($MP) (standing for Mountain Pass - a revived mine active in California/Nevada) posted their earnings yesterday and gave an update on their multi-phase plan to develop and secure the rare earth material supply chain within the United States.

$MP has been on my radar since it first came to market as a SPAC in the fall of 2020. Up about 7% today, it has been one of the better (profitable) companies that listed during the SPAC boom we saw during the pandemic.

MP focuses on the extraction of Neodymium-Praseodymium (NdPr), a rare earth material used in high-strength magnets needed for electric vehicles, robotics, wind turbines, drones and other advanced motion technologies.

In order to achieve the mission of creating and securing the supply chain, MP is following a three stage plan to vertically integrate the full cycle from extraction to production of the magnets needed.

At the Q2 earnings call, MP not only beat revenue and profit estimates, bringing in ~$64 million in revenue and ~$7.4 million in net income. During this period, the company also produced 10,863 tons of NdPr concentrate, a 5% increase than the year ago period.

Once the concentrate is mined, it is then shipped to Chinese partners where it is further processed and refined. As part of the Stage 2 Plan, MP announced that they have begun to process and refine small amounts of the concentrate in California, after three years of building out the infrastructure. They expect initial shipments and sales of this processed NpDr material to begin in Q3.

They also announced the continued development of their Stage 3 plan, which includes building a magnet manufacturing facility located in Forth Worth, Texas that will be used to supply $GM with the magnetic components needed for their electric vehicle motors as part of a long term strategic agreement signed in 2021.

$MP is another company as part of my long term thesis involving the resurgence of American based supply chains and manufacturing capabilities. Although a long way away, and much more work to be done - MP is leading the charge as a successful model of how a company can be built from the ground up, and deliver on their objectives.

This morning - $ACHR, one of the leaders in the EVTOL space, announced a partnership with the United States Air Force worth up to $142 million. Building off of research and development work that began in 2021, this deal includes the delivery of up to six of Archer's Midnight Aircraft (their flagship model) and the sharing of flight test data, pilot training agreements, and more.

The Midnight, is designed for a pilot and four passengers to carry 1,000 pounds in back to back 20 mile trips within a large city (like New York) or between close cities (like San Francisco & Oakland).

Building on their partnership with $STLA for manufacturing expertise, Archer is building their manufacturing plant in Georgia, with the capability of producing 650 aircraft per year.

With the hiring of former FAA Administrator Billy Nolen as the Chief Safety Officer, Archer is planning on FAA certification by late 2024, with its urban air mobility taxi service launching in 2025.

This agreement also builds upon the initial agreement Archer had in 2021, where United Airlines signed an agreement worth $1.5 billion to purchase 200 aircraft for the purpose of ferrying passengers between hubs or from airports.

While my current buy of Archer isn't reflecting, I have been following this stock since 2021 and initiated an initial position in February of 2023 (which I later sold). I recently re-entered the stock prior to today's 35% jump.

As I continue exploring my interest/investing thesis in Space, Infrastructure, and Transportation, a OTC Pink Sheet stock caught my attention and led me to initiate a position earlier this week.

Jervois Global Limited ($JRVMF) is a mining company based in Cremorne, Australia that holds a 100% interest in the Idaho Cobalt Operations project in the United States, a nickel cobalt refinery in Brazil, a nickel-cobalt mine in Australia, and a production facility located in Finland.

Similar to what $MP brought to fruition in 2017 (another stock in my portfolio) in reviving the Mountain Pass Mine in Nevada, Jervois has restored a previous shuttered cobalt mine in 2022, 40 years after originally shutting down.

With the continuing tensions between China and the United States surrounding minerals, manufacturing, and myriad of other issues, the United States Government has become invested in the success of locally sourced supply chains for rare earth minerals. Currently, the ICO mine is the only cobalt mine operational within the United States.

Most of the world's cobalt in mined in the Democratic Republic of Congo, with widespread child labor and other human rights issues, with most of the production goes to China, which also controls most of the cobalt refining globally. While although the initially explored deposits only amount to about 10% of the United States demand for cobalt, Jervois is setting the table for future cobalt mining operations in Idaho and Missouri where large deposits of cobalt have already been discovered.

Currently, the mine is stagnant in operations, due to the major downturn in cobalt prices. Sitting at ~$15 per pound, Jervois has stated their cobalt break even price is $25 per pound. However, the Department of Defense and Jervois entered into a $15 million agreement to advance the U.S. cobalt supply chain security. In addition to supporting the mining operation itself, the funding will support a feasibility study based on building a cobalt refinery in the United States.

Rare earth mineral supply chain security is still years off, but from what I've seen, $JRVMF may be the kindling for the reshoring effort if they can effectively pull off a safe, profitable, and environmentally conscious cobalt mining operation. With a market cap of ~100 million, I'm taking a flier on this stock that has upside once cobalt prices regain value and if there is a viable way forward to developing not only a mining operation, but refinery operations within the lower 48.

In a @wsj exclusive this morning, a push for lithium extraction and production is occurring in Southern Arkansas, specifically in the vicinity of Magnolia. The Smackover Formation, a geologic trend that runs from Texas to Florida and is rich with saltwater brine, serves as the focal point of this new-planned development.

Once labeled as the bane of existence for companies that drilled for oil in the region, saltwater brine now is now front and center as companies look to extract lithium from the saltwater brine.

Three companies, $XOM, $SLI, and $TTI are looking at investing billions of dollars into the region in order to produce an expected 15% of the world's lithium once at scale.

I will be taking a closer look at both $SLI and $TTI over the next couple of days to learn more about their business model and how this lithium extraction plays into their long term strategy.

The mineral "arm's race" continues to heat up between the United States and China and this investment plan looks to continue the trend of shoring up the supply chain for future EV and other lithium-centric applications.

Late last night, rocket launch company Rocket Lab $RKLB announced another successful payload delivery to orbit, the 7th successful launch of 2023 (39 total). With customers including NASA, $SPIR, and others, Rocket Lab deployed seven satellites to orbit.

In addition to the successful launch, Rocket Lab completed a successful ocean splashdown and recovery of their rockets first stage booster, as part of their goal to make the world's first reusable small rocket.

Rocket Lab sits at just over 5% allocation in my portfolio. With a market cap of ~$150 Billion, SpaceX is the clear leader in the space launch space. However, at just a ~$3.7 Billion market cap, I think there is plenty of runway for Rocket Lab to continue gaining share of the space launch market over the next few years.

With another launch scheduled before the end of the month, I plan on continuing to add to my position. I might even have to dive deeper into the company on here as the 21st Century Space Race continues to heat up.

Altman, the OpenAI CEO, also was an early investor in Oklo, a developer of small modular nuclear reactors. Valued at ~$850 million, the deal is expected to close in early 2024.

I’m interested, ever since watching Oliver Stone’s Nuclear Now documentary, in learning more about nuclear energy as a viable clean energy option. That’s why I bought a small position in $ALCC. Interested in seeing where this goes!

What are you thoughts on both the business of small scale nuclear reactors as well as the continuance of companies coming to market via SPACs?

Prices are getting too good to pass up currently. Starting to rotate out of crypto and nfts and back to traditional investing - looking to become more active on Commonstock and engage more with very knowledgeable individuals!

Did a lot of buying today, here are some of my favorites!

Black Rifle Coffee Company officially completed it’s merger with SilverBox Engaged Merger Corp to list on the stock market under the symbol $BRCC. On its first day of trading, the stock popped over 30%, closing over $15 at market close.

While this company has been on my radar for a while, I lost track of the listing with all of the other noise going on with the market. However, this company should not be left out of the conversation when it comes to brand awareness and recognition.

Founded in 2014, my first experience with the company came while I was in the Coast Guard. Prior to every deployment, one of my fellow Junior Officers would order pounds of the coffee to take with us for the months we were underway. Always good coffee and appreciated, I’ve never considered myself a coffee “aficionado” and never worried about the brand of coffee in my cup, as long as I had the caffeine.

Then, in 2021, I got a chance to listen to the CEO Evan Hafer speak on the Joe Rogan Experience Podcast, and I really appreciated and connected with his outlook on the world and running a business. Currently, 50% of $BRCC employees are either veterans or spouses of veterans. Additionally, in 2021 alone, they donated over $3 million dollars worth of coffee to the Military, Law Enforcement, and First Responders. Entirely owned and operated in the United States, the company really spoke to my patriotic roots.

Yet, to make an investment in a company worthwhile, there has to be a lot more than just a “feel good story” behind the thesis. After completion of the merger, the company was valued at $1.7 billion dollars at the $10 share price commonly utilized with SPAC investing. With its current price, the valuation sits at ~$2.55 billion.

To back up its performance, BRCC estimated that for 2021, it’s expected revenue is $230 million and that by 2023, the estimated revenue will be $430 million, averaging at a respectable 37% CGAR.

More impressively is their online presence and it’s marketing outreach. BRCC has evolved into much more than just a coffee company. Like $COOK $LULU or $PTON BRCC has created an entire lifestyle brand around its product and is setting up a much larger ecosystem in the future. In addition to coffee and merchandise, BRCC has currently opened up 16 “outposts” which serve as coffee shops, merchandise shops, and a general socialization space for all things Black Rifle Coffee. By the end of 2023, they expect to have over 78 outposts up and running throughout the United States.

There is a significant runway for this company to continue expanding in the coffee and lifestyle brand space. A strong, powerful message and mission, coupled with an aggressive, opportunistic management and leadership team will only continue to assist $BRCC deliver to shareholders over the next decade.

Additional financial and strategic information can be found here:

#LONG

Figured I would hop on the trend today and share my full portfolio.

This encompasses 3 separate portfolios; my long term retirement IRA, my higher risk/higher reward 1-5 year investments, and my cryptocurrency account.

My biggest surprise on allocation is $BP to be honest, not much of a traditional energy follower, however, am interested in seeing what happens with oil over the next few months as well as their foray into the renewable energy space.

Even at 6% allocation, I may continue to add to $CRWD at these prices. The cybersecurity business is picking up, even amongst companies I work with and the state of Massachusetts.

Not included in here is recent starter positions in $JOBY $CORZ $SOFI and $CHPT

Would love to hear your thoughts // roast my portfolio!