Space Exploration

Explore this curated investment theme and its performance insights

9
Holdings
7.1%
Theme Return
0.6%
Benchmark
6.5%
vs Benchmark

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

Theme Return
7.07%
vs Previous
Benchmark Return
0.62%
Market Index
Outperformance
6.45%
Outperforming
Last Updated
06/06
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.