·Explore Trends
Trend

Space Exploration

The cost of launching a kilogram into orbit has fallen 98% in 20 years, entirely because of private companies like SpaceX. This has opened space to commercial activity — satellite internet, Earth observation, GPS, weather forecasting — that was impossible before.

12
companies
8
pure play
2
major beneficiary
2
indirect exposure
Pure Play
Core business is this trend
RKLBRKLB
RKLB
Rocket Lab
Pure Play

The second-most active orbital launch provider in the world after SpaceX. Operates the Electron rocket for small satellites and is developing the larger Neutron rocket. Also makes spacecraft components sold to other space companies. A pure-play on commercial space.

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ASTSASTS
ASTS
AST SpaceMobile
Pure Play

Building a satellite network that provides broadband connectivity directly to standard mobile phones — no special equipment needed. Partners include AT&T, Verizon, and Vodafone. If successful, it would connect the 3 billion people who currently have no internet access.

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PLPL
PL
Planet Labs
Pure Play

Operates the world's largest fleet of Earth-imaging satellites, photographing the entire planet's surface every day. Sells this data to governments, agricultural companies, financial firms, and intelligence agencies. Unique dataset no competitor can replicate.

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LUNRLUNR
LUNR
Intuitive Machines
Pure Play

Scores 10/10 for Lunar Exploration. Also relevant to Space.

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RDWRDW
RDW
Redwire
Pure Play

Scores 10/10 for In-Space Manufacturing. Also relevant to Space.

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JOBYJOBY
JOBY
Joby Aviation
Pure Play

Scores 10/10 for Urban Air Mobility.

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SATSSATS
SATS
EchoStar
Pure Play

Scores 9/10 for Satellites. Also relevant to Space.

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BKSYBKSY
BKSY
BlackSky
Pure Play

Scores 9/10 for Space. Also relevant to Earth Observation.

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