Space Exploration
Explore this curated investment theme and its performance insights
Theme Overview
Space is no longer just the domain of government agencies. It’s becoming one of the most dynamic frontiers for private innovation and commercial opportunity. This theme captures the companies pushing boundaries in launch services, satellite communications, in-space manufacturing, and orbital infrastructure.
Fueled by advances in rocket reusability, miniaturized satellites, and growing demand for Earth observation and space-based broadband, the space economy is accelerating rapidly. As NASA, defense agencies, and commercial clients expand their footprint beyond Earth, the businesses supporting that expansion are poised to grow.
This portfolio focuses on:
- Launch Providers: Small and medium rocket companies serving national security and commercial payloads.
- Satellite Innovators: Earth imaging, weather, and broadband providers deploying large constellations.
- In-Space Infrastructure: Firms building space stations, on-orbit servicing, and manufacturing capabilities.
- Defense-Backed Growth: Aerospace primes with deep ties to space tech, propulsion, and classified missions.
Space is becoming a real business. These companies are building it.
Performance Chart
Performance Snapshot
Latest performance metrics as of June 06, 2025
Portfolio Holdings
9 stocks in this theme
Company | Symbol | Weight | Investment Rationale |
---|---|---|---|
1
Karman Holdings Inc
|
KRMN | 10.62% |
Aerospace firm with 100+ space & defense programs; profitable IPO.
|
2
Planet Labs PBC
|
PL | 15.35% |
Operates largest Earth imaging fleet; daily data for commercial use.
|
3
Rocket Lab USA Inc.
|
RKLB | 9.77% |
Leading small satellite launcher with Neutron rocket in development.
|
4
Satellogic Inc
|
SATL | 9.41% |
Provides low-cost, high-res Earth imagery with 50+ satellites.
|
5
Boeing Co
|
BA | 9.78% |
Builds SLS rocket, Starliner capsule, and satellites
|
6
L3Harris Technologies Inc
|
LHX | 9.86% |
~43% of revenue from space; builds satellites, sensors, and propulsion.
|
7
Redwire Corp
|
RDW | 12.56% |
Builds in-space manufacturing tools and satellite components.
|
8
Intuitive Machines
|
LUNR | 9.43% |
First private firm to land on the Moon; deep NASA contract exposure.
|
9
AST SpaceMobile
|
ASTS | 13.23% |
Building satellite-based 5G network with Verizon and Vodafone.
|