One of the biggest space-related news stories in April was the test launch of SpaceX’s massive Starship vehicle. After months of anticipation, the test finally took place on April 20. Although the Starship tumbled and broke apart a few minutes into the flight, viewers had a positive reaction overall. NASA Administrator Bill Nelson even congratulated SpaceX on Twitter: “Congrats to SpaceX on Starship’s first integrated flight test!” Josef Aschbacher, Director General of the European Space Agency, also praised the company.
SpaceX had stated that the purpose of the uncrewed test was to collect data by sending the Starship on a long suborbital trajectory, splashing down near Hawaii 90 minutes after liftoff. The data collected would be used to improve the vehicle's design and technology for future use. For example, SpaceX’s webcast showed that several of the 33 Raptor engines in the Super Heavy booster did not appear to be firing about a minute after liftoff. The cause of the engine issues has not been officially stated yet, but some speculate that it might be due to debris from the launchpad hitting and damaging the engines. However, this is just speculation.
Elon Musk, the founder of SpaceX, has said that the company has been working on a “massive water-cooled steel plate” that would go under the launch mount and serve as a kind of flame diverter. The launch pad currently lacks a frame trench or other diverter system commonly used to channel exhaust away from the pad. Musk has further explained that the plate was not ready in time for the test. The company believed that the pad could survive the launch intact, but this test showed otherwise. Despite the setback, several other Starship and Super Heavy vehicles are in various stages of development. The company has already made some design changes based on the work done on this vehicle. With this in mind, Musk hopes to be ready for another launch in one to two months, although some see this as an aspirational target. According to a CNBC article, SpaceX plans to invest $2 billion in Starship in 2023.
Chart 1: Starship Launch on April 20 |
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Source: Intro-act, SpaceX, SpaceNews
The Starship launch is unique because of the immense size of this vehicle. SpaceX’s Starship is the tallest and most powerful rocket ever built, capable of producing more thrust on liftoff than any other rocket in history, including NASA’s giant Space Launch System and the Saturn V that took astronauts to the Moon. When stacked on top of each other, Starship and Super Heavy stand 394 feet tall. That’s nearly 31 feet taller than the Saturn V, the next-tallest rocket ever built.
Virgin Galactic’s SpaceShipTwo flies for the first time in nearly 2 years. Virgin Galactic’s SpaceShipTwo VSS Unity flew for the first time since July 2021 as the suborbital tourism vehicle made a glide flight test at Spaceport America in New Mexico. CJ Sturckow and Nicola Pecile piloted VSS Unity to a landing after a glide flight that lasted 9 minutes. The WhiteKnightTwo VMS Eve carrier aircraft dropped the spaceplane over the New Mexico desert from an altitude of 47,000 ft (14,326 meters). The flight tested modifications to both vehicles to prepare them for commercial flights expected to begin by the end of June. Read more (Multiverse Media Inc)
Maxar eyes summer launch of WorldView Legion imaging satellites. After years of delays, Maxar Technologies is preparing for the first launch this summer of its next-generation imaging satellites, WorldView Legion. “We’ve got everything we need at this point” to get the first pair of WorldView Legion high-resolution imaging satellites to orbit, the company’s president and CEO Daniel Jablonsky told SpaceNews April 20 at the Space Symposium in Colorado Springs. The Earth Observation satellites, equipped with Raytheon-made imaging payloads—are scheduled to launch on a SpaceX Falcon 9 rocket from Vandenberg Space Force Base, California. Read more (Space News)
AST SpaceMobile completes the first-ever space-based voice call using everyday unmodified smartphones. AST SpaceMobile, Inc., the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, recently announced the successful completion of the first-ever two-way voice calls, directly to everyday unmodified smartphones using the BlueWalker 3 (“BW3”) satellite. This is the first time anyone has achieved a direct voice connection from space to everyday cellular devices, demonstrating a significant advancement in AST SpaceMobile’s mission to provide connectivity to the nearly 50% of the global population who remain unconnected from cellular broadband. Read more (AST SpaceMobile)
China to establish organization to coordinate international Moon base. The China National Space Administration will soon set up an organization to oversee and coordinate the China-led International Lunar Research Station. Wu Weiren, Director General of the Deep Space Exploration Laboratory (DSEL), said during an exploration conference April 25 that the International Lunar Research Station Cooperation Organization (ILRSCO) would soon be established to coordinate and manage the construction of the ILRS moon base. Founding members are expected to sign the agreement on ILRSCO before June. Read more (Space News)
Hydrosat collects $20 million in investment and grants. Geospatial data analytics company Hydrosat announced $20 million in recent government grants and investment for its campaign to measure water stress in plants and other indicators of climate change. Statkraft Ventures led the funding round. Participants included Blue Bear Capital, Hartree Partners, OTB Ventures, Freeflow Ventures, Cultivation Capital, Techstars, Santa Barbara Venture Partners, Expon Capital, and Hemisphere Ventures. The funding Hydrosat announced April 25 includes $5 million in government grants and $15 million in Series A investment. Read more (Space News)
Space investors see a return in industry growth capital. Investment activity is picking up again for young space companies as growth-stage capital returns following market uncertainty in 2022, according to investors on an April 18 Space Symposium panel. The “space industry is thriving at the moment,” Seraphim Space CEO Mark Boggett said, pointing to the venture capital firm’s research showing a record 25 growth rounds in the three months to the end of March. However, he said these growth rounds—Series B, Series C, Series D, and beyond—remain smaller in value than previously seen in the industry. Read more (Space News)
Orbit Fab closes Series A funding round of $28.5 million. Orbit Fab, the leading provider of on-orbit refueling services, recently announced it has completed a successful Series A round of $28.5 million in funding during an up-round that will allow the company to accelerate fuel sales and the deployment of fuel delivery and storage infrastructure in GEO, LEO, and VLEO orbits. The milestone funding round is led by 8090 Industries, with major investments by Stride Capital, Industrious Ventures, Lockheed Martin Ventures, Tribe Capital, Good Growth Capital, and Massive Capital Partners, enabling Orbit Fab to drive the integration of its RAFTI™ refueling ports aboard more satellites and servicing vehicles. Read more (Orbit Fab)
Kepler Communications raises $92 million for optical data relay network. Canadian small satellite operator Kepler Communications said April 13 it has raised $92 million to start deploying an optical data-relay constellation next year. Early-stage investor IA Ventures led the Series C round, which brings the total amount Kepler has raised by selling equity to more than $200 million. The company currently operates 19 satellites in sun-synchronous orbits that provide low-data-rate connectivity for devices out of range of terrestrial networks. Read more (Space News)
Chart 2: The Kepler Network Aims to Streamline On-orbit Communications with a Network Infrastructure |
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Source: Intro-act, Space News, Kepler Communications
Startup aims to fill technology gaps in space warfare. True Anomaly, a startup based in Denver, is building two small satellites that it plans to launch into orbit later this year. One of the spacecraft will attempt to chase down an “uncooperative” object and take pictures up close. This is the type of technology that the U.S. military needs to compete with rival powers in space, True Anomaly’s CEO and co-founder Even Rogers told SpaceNews. The startup, formed a year ago to focus on the national security market, announced April 6 it has raised $30 million in pre-seed, seed, and Series A funding. It built a 35,000 square-foot factory where it’s producing the Jackal Autonomous Orbital Vehicle. Read more (Space News)
Thuraya invests in Astrocast’s LEO constellation. Thuraya is providing Swiss small satellite operator Astrocast a $17.5 million financial lifeline in a deal that marks the Emirati company’s first investment in a Low Earth Orbit (LEO) constellation. The companies said April 3 they had agreed on terms for a convertible loan that Thuraya could later turn into shares in cash-strapped Astrocast, which saw plans to raise money for its constellation on the stock market fall apart last year. Astrocast currently operates 18 satellites and is looking to expand its fleet to improve connectivity services for Internet of Things (IoT) devices. Read more (Space News)
X-Bow announces $60 million STRATFI agreement. X-Bow Systems, an Albuquerque, N.M., solid propulsion startup, announced a $60 million U.S. Air Force Strategic Funding Increase, or STRATFI, agreement. To Jason Hundley, X-Bow CEO and founder, the STRATFI agreement “is a very good signal from AFWERX that a new approach to solid rocket motors can be looked at as real, viable and competitive in aerospace applications in the near term.” AFWERX, the Air Force innovation arm, established the STRATFI program in 2021 to provide small businesses with $3 million to $15 million to help bridge the valley of death between technology development and commercial adoption. Read more (Space News)
Astra wins $11.5 million contract to launch military experimental payloads. Astra Space won a task order worth $11.5 million to launch experimental payloads for the Defense Department’s Space Test Program. The company was awarded the contract under the U.S. Space Force’s Orbital Services Program OSP-4, the Space Systems Command announced April 21. The OSP-4 program is run by the Space Systems Command’s Small Launch and Targets Division at Kirtland Air Force Base, Albuquerque, New Mexico. The mission, named STP-S29B, is scheduled to fly in April 2025 on Astra’s new launch vehicle called Astra 4. Read more (Space News)
Chart 3: Artist Render of Astra Rocket 4 |
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Source: Intro-act, Space News, Astra Space
U.S. military buying SES mPower satcom services under new NATO agreement. The U.S. Space Force in its 2024 budget allocated $59 million to buy satellite communications services from SES’ new broadband constellation in Medium Earth Orbit known as O3b mPower. The purchase was made under a NATO contracting vehicle established last year for countries to acquire commercial satcom services. Both the U.S. and Luxembourg have agreed to buy mPower satcom services under NATO’s Global Commercially Contracted Satellite Communications. Under the agreement, a portion of the O3b mPower constellation will be assigned to the U.S. and Luxembourg for defense and security uses. Read more (Space News)
U.S. Space Force will be the first customer for BlueHalo’s mobile ground station. The U.S. Space Force in 2025 plans to start replacing decades-old parabolic satellite dishes with electronic phased array antennas developed by BlueHalo. The company’s CEO Jonathan Moneymaker said the Space Rapid Capabilities Office (RCO) is the first customer for a new phased array antenna the company developed for the military and commercial markets. Based in Arlington, Virginia, BlueHalo last year won a $1.4 billion contract from the RCO to update 12 military ground stations with modern systems. The company, founded in 2019, specializes in space-based communications, directed energy and missile defense technologies. Read more (Space News)
Aerospace CEO: More startups seek DoD work amid cash crunch. Aerospace Corp.’s commercial space office, established to facilitate connections between startups and government technology buyers, is seeing a surge in activity. With a downturn in venture capital, a growing number of companies are turning to the government for opportunities, Aerospace CEO Steve Isakowitz told SpaceNews. In light of a somewhat cooled-off space economy, “more and more we’re finding that companies that had been raising rounds of funding are now looking much more to the government as an important customer,” he said. Read more (Space News)
DoD strengthens supply chain for solid rocket motors. The Department of Defense's (DoD) Office of Manufacturing Capability Expansion and Investment Prioritization (MCEIP) has entered into a $215.6 million agreement with Aerojet Rocketdyne (AR) to expand and modernize AR's facilities in Camden, Arkansas; Huntsville, Alabama; and Orange County, Virginia, where the company manufactures complex rocket propulsion systems. These systems propel DoD missiles and missile defense interceptors, along with space launch vehicles and national security satellites used in civil and commercial applications. The funds will modernize manufacturing processes at the company's facilities, consolidate production lines, purchase equipment, build systems to process data, and increase production and delivery speed for Javelins, Stingers, and the Guided Multiple Launch Rocket System (GMLRS). Read more (DEFENSE.GOV)
NRO awards contract extensions to Hawkeye 360 and Maxar’s Aurora Insight for radio-frequency data. HawkEye 360 and Maxar Technologies have been awarded contract extensions by the National Reconnaissance Office (NRO) for commercial radio-frequency (RF) data. The NRO also awarded similar contracts to Kleos Space and Spire Global. All four companies last year were selected for cooperative agreements that give the NRO access to their business operations and help the agency understand the quality of commercially available data. RF signals monitoring from space is an emerging sector of the remote sensing industry that uses low-orbiting satellites to track ships, vehicles, electronic jammers or any devices that emit radio frequency signals. Read more (Space News)
L3Harris awarded $145 million contract to modernize U.S. space domain awareness capabilities. L3Harris Technologies (NYSE:LHX) announced the award of option year four of the Maintenance Of Space Situational Awareness Integrated Capabilities (MOSSAIC) program. The $145 million contract from the U.S. Space Force continues the modernization and sustainment of critical space infrastructure enabling the Space Force core competency of Space Domain Awareness (SDA). In support of the U.S. military's space surveillance and command centers in Colorado, California and Virginia, MOSSAIC detects, tracks and identifies deep space objects to provide timely and accurate space surveillance information for military, civil and commercial users. Read more (L3Harris Technologies)
Fleet Space Technologies secures Australian Defence Space Command contract. Fleet Space Technologies has signed an AUD$6.4 million contract with Australia’s Defence Space Command, marking their first defence contract. The agreement will see Fleet's next-generation of Centauri satellites used to develop and demonstrate a Low Earth Orbit (LEO) satellite communications system focused on tactical communications and data transmission where connectivity is limited. The program, named ASCEND2LEO, will make use of Fleet's commercial satellites. Read more (Fleet Space Technologies)
U.S. Space Force and DISA awards USD 27.54 million CTC contract to SES Space & Defense. SES Space & Defense, a wholly-owned subsidiary of SES, will provide satellite communications capabilities in support of the U.S. Army Warfighter Information Network-Tactical (WINT-T) training activities. The five-year Commercial Satellite Communications (COMSATCOM) Transponded Capacity (CTC) contract worth USD 27.54 million has been awarded by the U.S. Space Force’s Commercial SATCOM Communication Office (CSCO) through Defense Information Systems Agency’s (DISA) Defense Information Technology Contracting Organization (DITCO). Read more (SpaceRef)
NASA awards agencywide digital, information technology contract. NASA has selected Rothe Ares Joint Venture of San Antonio to manage digital communication services, as well as information technology services, for all agency centers and headquarters. Enterprise Multimedia and Integrated Technical Services (eMITS) is a hybrid contract that includes cost-plus-award-fee core services and indefinite-delivery/indefinite quantity task orders. Task orders can be cost-plus or firm-fixed price. The contract period of performance consists of an initial 90-day phase-in that begins May 2, followed by a 12-month base period, with seven 12-month option periods, as well as a six-month extension, which would extend the full period of performance to Jan. 31, 2032, if all options are exercised. Read more (NASA)
S&K Engineering and Research awarded NASA Intelligent Robotic and Control System Services (IRCSS) III contract. The National Aeronautics and Space Administration (NASA) announced that S&K Engineering and Research, LLC was awarded the Intelligent Robotic and Control System Services (IRCSS) III task order, supporting the Engineering Directorate – Software Robotics and Simulation Division at Johnson Space Center (JSC) in Houston, TX. This single-award task order is administered under the General Services Administration’s One Acquisition Solution for Integrated Services (OASIS) multiple award contract. Services include technology development, maturation, and applied research and engineering in automation, robotics, robot control, advanced vision systems, perception, advanced software technologies, and intelligent control systems. Read more (SpaceRef)
Intuitive Machines bolsters orbital services business line with $719 million NASA award. Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW), recently announced The National Aeronautics and Space Administration (NASA) awarded Space & Technology Solutions, the DBA for Space Networks Solutions LLC, a joint venture led by Intuitive Machines with KBR (NYSE: KBR), a cost-plus-fixed-fee indefinite-delivery, indefinite-quantity contract meant to support work related to the Joint Polar Satellite System, NASA’s Exploration and In-space Services. The single-award contract has a five-year base performance period and a maximum ordering value of $719 million. Read more (SpaceRef)
NASA awards agreement for High-Resolution Synthetic Aperture Radar. NASA has awarded a sole source Blanket Purchase Agreement (BPA) to Capella Space Corporation of San Francisco to provide high-resolution Synthetic Aperture Radar (SAR) (0.5 meter to 1.2 meters) commercial Earth observation data products. Under this agreement, the government will issue fixed-price BPA Calls for these products, at a not-to exceed value of $7 million per Call. The work will be performed at the contractor’s facilities, and other locations as specified in individual Calls issued. The period of performance is for five years from the effective date of the agreement. Read more (NASA)
D-Orbit pens IRIDE contract worth €26 million. The European Space Agency (ESA) inked a contract with the Italian space transportation company D-Orbit for the development and demonstration of its In-Orbit Servicing (IOS) platform, called IRIDE. The contract is worth €26 million. The contract between ESA and D-Orbit includes the development and launch of a demonstration mission using the IRIDE platform, which is expected to take place in 2024. Read more (OrbitalToday.com)
Astrobotic purchases Falcon Heavy launch services. Astrobotic announced during the spring Lunar Surface Innovation Consortium (LSIC) its purchase of launch services aboard a SpaceX Falcon Heavy rocket for its third upcoming lander mission to the Moon. This mission will launch an Astrobotic lander to the Moon’s South Pole in 2026 to deliver payload customer instruments and cargo from around the world. The lunar South Pole is an area of increasing interest and planned activity, and Astrobotic is rising to meet the demand for missions to this key destination with the purchase of a Falcon Heavy to deliver medium-class payloads. Read more (Astrobotic Technology)
DISH TV adding to fleet with new Maxar satellite order. Maxar Technologies (NYSE: MAXR) (TSX: MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, received an order for a direct broadcast satellite from DISH, designated ES XXV. This geostationary (GEO) communications satellite will be operated by DISH and deliver content across North America. ES XXV will be built on the proven Maxar 1300TM series platform at the company’s manufacturing facilities in Palo Alto and San Jose, California. ES XXV will be equipped with a high-power, multi-spot beam payload, allowing DISH to provide high-quality content to its customers. Read more (Maxar Technologies)
Sierra Space and ILC Dover partner on inflatable modules and spacesuits. Sierra Space and ILC Dover announced April 18 they will cooperate on the development of inflatable space station modules and spacesuits. Under the partnership, ILC Dover will be the exclusive partner in providing soft goods for Sierra Space’s Large Integrated Flexible Environment (LIFE) modules, which it is developing for commercial space stations. Sierra Space also plans to offer versions of LIFE modules for lunar and Mars applications. Read more (Space News)
Chart 4: Series of Progressively Larger Inflatable Modules Called LIFE |
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Source: Intro-act, Space News, Sierra Space
Inmarsat and MediaTek expand direct-to-device partnership. Inmarsat and Taiwanese chipmaker MediaTek announced plans April 12 to jointly develop technologies needed to enable more mass-market devices to connect directly to the British satellite operator’s network. The companies said they are significantly expanding a three-year partnership that culminated in February with the release of Android smartphones from ruggedized handset maker Bullitt, which is offering satellite-enabled text messages with their technology via service provider Skylo. Read more (Space News)
PickNik Robotics and Motiv Space Systems announce partnership for development of advanced robotics capabilities. PickNik Robotics, a leader in advanced robot arm software solutions, and Motiv Space Systems, a leading designer and manufacturer of space-rated robotic systems, motor controllers, and mechanisms, recently announced a partnership to develop advanced robotics for space applications. The partnership aims to advance In-Space Servicing, Assembly, and Manufacturing (ISAM) capabilities through the integration of PickNik’s MoveIt Studio technology for robot arm control and Motiv’s xLink robot arm product line. Read more (SpaceRef)
Astra, Exotrail win satellite propulsion orders. Astra Space and Exotrail have won orders for satellite electric propulsion systems as they work to scale up production of those products. Astra announced April 27 it won an order for five of its Astra Spacecraft Engines from Apex, a company developing a line of standardized smallsats. The companies did not disclose the terms of the contract but Astra said it would start delivering the engines later this year. Read more (Space News)
Lockheed Martin declares success demonstrating tech for in-orbit satellite servicing. A pair of Lockheed Martin cubesats that flew to geostationary Earth orbit in November performed maneuvers in close proximity and demonstrated other technologies for in-orbit servicing operations, company officials said April 17. The Linuss experiment—short for Lockheed Martin’s In-space Upgrade Satellite System—went to orbit on the USSF-44 national security mission launched by a SpaceX Falcon Heavy. The two cubesats, each the size of a toaster, were deployed 300 kilometers above geostationary orbit from a ring-shaped secondary payload that carried multiple smallsats. Read more (Space News)
SpaceX to spend about $2 billion on Starship this year, as Elon Musk pushes to reach orbit. Elon Musk expects SpaceX to spend about $2 billion on its Starship rocket development this year, as the company pushes to build on its first launch earlier this month. “My expectation for the next flight would be to reach orbit,” Musk said, speaking during a discussion on Twitter Spaces. While SpaceX does secondary rounds about twice a year, to give employees and other company shareholders a chance to sell stock, Musk said the company does “not anticipate needing to raise funding” to further bolster the Starship program and its other ventures. Read more (CNBC)
Planet Labs revenue increases 46% in 2022. Planet Labs revenue increased by 46% year-over-year from $131.21 million to $191.26 million as the company forecast higher revenue over the next 12 months. Planet’s fourth quarter net loss decreased from $45.97 to $37.8 million year over year. Net loss for the year increased from $137.1 million to $162 million. Planet’s fourth quarter adjusted EBITDA was $17.65 million, an increase from $16.69 million. Full-year adjusted EBITDA increased from $41.1 million to $56.8 million. Read more (Multiverse Media Inc)
Chart 5: Recent Funding Activity in the SpaceTech Sector (In Prior Month) |
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Source: Intro-act, Multiple Web Sources
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Source: Intro-act, Multiple Web Sources
Chart 7: Space Launches Across the Globe (as of 05/03/2023)
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Source: Intro-act, Spaceflight Now
Closing Price (05/02/23) |
$13.27 |
1 Week NAV Change |
-1.92% |
NAV Change (YTD) |
7.1% |
AUM (as of 05/02/23) |
$280.91 Mn |
Fund Inception |
3/30/2021 |
Expense Ratio |
0.75% |
One Month |
Three Months |
Six Months |
YTD |
One Year |
Inception |
-4.1% |
-4.1% |
-0.22% |
12.99% |
-12.35% |
-33.89% |
One Month |
Three Months |
Six Months |
YTD |
One Year |
Inception |
0.79% |
12.99% |
13.26% |
12.99% |
-21.9% |
-31.03% |
Ticker |
Company |
% of Fund |
Market Value |
IRDM |
IRIDIUM COMMUNICATIONS INC |
9.23% |
$24,162,047.04 |
TRMB |
TRIMBLE INC |
7.96% |
$20,849,585.02 |
KTOS |
KRATOS DEFENSE & SECURITY |
7.90% |
$20,690,048.30 |
AVAV |
AEROVIRONMENT INC |
7.87% |
$20,597,142.72 |
PRNT |
THE 3D PRINTING ETF |
5.70% |
$14,930,305.17 |
LHX |
L3HARRIS TECHNOLOGIES INC |
5.13% |
$13,441,650.42 |
6301 |
KOMATSU LTD |
4.76% |
$12,468,839.51 |
DE |
DEERE & CO |
3.42% |
$8,964,416.60 |
TER |
TERADYNE INC |
3.38% |
$8,842,559.52 |
DSY FP |
DASSAULT SYSTEMES SE |
3.29% |
$8,615,323.23 |
For more information on ARKX visit: https://ark-funds.com/funds/arkx/
Closing Price (05/02/23) |
$ 18.25 |
1 Week NAV Change |
-2.56% |
NAV Change (YTD) |
-6.36% |
AUM (as of 05/02/23) |
$ 50.31 Mn |
Fund Inception |
4/11/2019 |
Expense Ratio |
0.75% |
One Month |
Three Months |
Six Months |
YTD |
One Year |
Inception |
-2.51% |
-12.64% |
-9.26% |
-4.56% |
-17.9% |
-26.00% |
One Month |
Three Months |
Six Months |
YTD |
One Year |
Inception |
-4.4% |
-2.1% |
6.8% |
-2.1% |
-25.7% |
-24.09% |
Ticker |
Company |
% of Fund |
Market Value |
IRDM |
IRIDIUM COMMUNICATIONS INC |
5.94% |
$ 27,98,039.76 |
VSAT |
VIASAT INC |
5.62% |
$ 26,48,023.17 |
GRMN |
GARMIN LTD |
5.47% |
$ 25,78,017.27 |
SIRI |
SIRIUS XM HOLDINGS INC |
5.27% |
$ 24,86,542.88 |
RKLB |
ROCKET LAB USA INC |
5.03% |
$ 23,72,536.40 |
TRMB |
TRIMBLE INC |
5.03% |
$ 23,72,522.02 |
PL |
PLANET LABS PBC |
4.97% |
$ 23,45,226.24 |
ETL FP |
EUTELSAT COMMUNICA |
4.79% |
$ 22,58,371.68 |
SESG FP |
SES SA |
4.41% |
$ 20,79,084.43 |
GSAT |
GLOBALSTAR INC |
4.14% |
$ 19,49,393.94 |
For more information on UFO visit: https://procureetfs.com/ufo/
Chart 8: ARKX vs. S&P 500 |
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Source: Intro-act, Yahoo! Finance
Chart 9: UFO vs. S&P 500 |
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Source:
Intro-act, Yahoo! Finance
LEADERS AND LAGGARDS – SPACETECH SEGMENTS
Chart 10: M/M Returns by SpaceTech Segments |
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Source: Intro-act, FactSet. Data as of May 1.
Chart 11: YTD Returns by SpaceTech Segments |
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Source: Intro-act, FactSet. Data as of May 1.
LEADERS AND LAGGARDS – SPACETECH STOCKS
Chart 12: M/M Top 10 SpaceTech Gainers |
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Source: Intro-act, FactSet. Data as of May 1.
Chart 13: M/M Top 10 SpaceTech Losers |
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Source: Intro-act, FactSet. Data as of May 1
Chart 14: YTD Top 10 SpaceTech Gainers |
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Source: Intro-act, FactSet. Data as of May 1.
Chart 15: YTD Top 10 SpaceTech Losers |
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Source: Intro-act, FactSet. Data as of May 1.
Chart 16: SpaceTech – Active SPACs |
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Source: Intro-act, Boardroom Alpha. Status as of 05/04/23.
Chart 17: SpaceTech SPACs – Completed Transactions
DE-SPAC (Ticker) |
SPAC |
Segment |
Announced Date |
Closing Date |
EV ($ Mn) |
Status |
Virgin Galactic (NYSE: SPCE) |
Social Capital Hedosophia |
Space Exploration |
9-Jul-19 |
25-Oct-19 |
1,502 |
Listed |
Momentus (NSDQ: MNTS) |
Stable Road Acquisition Corp. |
Satellite & Components |
7-Oct-20 |
12-Aug-21 |
1,200 |
Listed |
AST SpaceMobile (NSDQ: ASTS) |
New Providence Acquisition Corp. |
Communication Services |
16-Dec-20 |
6-Apr-21 |
1,392 |
Listed |
Astra Space (NSDQ: ASTR) |
Holicity, Inc. |
Satellite Launch Services |
2-Feb-21 |
30-Jun-21 |
2,123 |
Listed |
BlackSky (NYSE: BKSY) |
Osprey Technology Acquisition Corp. |
Satellite & Components |
18-Feb-21 |
9-Sep-21 |
1,106 |
Listed |
Rocket Lab (NSDQ: RKLB) |
Vector Acquisition Corp. |
Satellite Launch Services |
1-Mar-21 |
25-Aug-21 |
4,082 |
Listed |
Spire Global (NYSE: SPIR) |
NavSight Holdings, Inc. |
Data Services |
1-Mar-21 |
16-Aug-21 |
1,230 |
Listed |
Redwire Space (NYSE: RDW) |
Genesis Park Acquisition Corp. |
Satellite & Components |
25-Mar-21 |
2-Sep-21 |
615 |
Listed |
Arqit Quantum (NSDQ: ARQQ) |
Centricus Acquisition Corp. |
Data Services |
12-May-21 |
3-Sep-21 |
1,026 |
Listed |
Planet Labs (NYSE: PL) |
dMY Technology Group, Inc. IV |
Data Services |
7-Jul-21 |
7-Dec-21 |
2,250 |
Listed |
Virgin Orbit (NSDQ: VORB) |
NextGen Acquisition Corp. II |
Satellite Launch Services |
23-Aug-21 |
28-Dec-21 |
3,218 |
Listed |
Satellogic (NSDQ: SATL) |
CF Acquisition Corp. V |
Data Services |
6-Jul-21 |
25-Jan-22 |
850 |
Listed |
Terran Orbital (NYSE: LLAP) |
Tailwind Two Acquisition Corp. |
Satellite & Components |
28-Oct-21 |
28-Mar-22 |
1,575 |
Listed |
Eve Holding, Inc. (NYSE: EVEX) |
Zanite Acquisition Corp. |
Data Services |
21-Dec-21 |
9-May-22 |
2,372 |
Listed |
SatixFy |
Endurance Acquisition Corp. |
Communication Services |
8-Mar-22 |
27-Oct-22 |
632 |
Listed |
Intuitive Machines (Nasdaq: LUNR) |
Inflection Point Acquisition Corp |
Space Exploration |
16-Sep-22 |
14-Feb-23 |
416 |
Listed |
Source: Intro-act, Hogan Lovells. EV = Pro-forma enterprise value when the transaction agreement was announced
Chart 18: SpaceTech Industry Events Calendar
|
Source: Intro-act, Satellite Evolution Group
SPACETECH LAUNCH TRENDS
Chart 19: Smallsats by Mass Class |
|
Source: Intro-Act, ByrceTech
Chart 20: Smallsats by Application |
|
Source: Intro-Act, ByrceTech
Chart 21: Smallsats by Operator Country |
|
Source: Intro-act, BryceTech
Chart 22: Smallsats Launch Trend |
|
Source: Intro-act, BryceTech
Chart 23: Spacecraft by Operator Type, Q4 2022 |
|
Chart 24: Smallsats 2018 – 2022, by Launch Vehicle |
|
Source: Intro-act, BryceTech
Chart 25: Companies in Space Tourism |
|
Source: Intro-act
Chart 26: Focus Segments of Space Entrepreneurs: Elon Musk, Jeff Bezos, and Sir Richard Branson |
|
Source: Intro-act
Chart 27: Companies Focused on the Lunar Economy |
|
Source: Intro-act, Seraphim
Chart 28: In-Space R&D and Manufacturing Companies |
|
Chart 29: Companies in Manned Spaceflight Ecosystem |
|
Source: Intro-act, Seraphim
SPACETECH - FUNDING
Chart 30: Year to Date Private Market Equity Investment |
|
Source: Intro-act, Space Capital, Q1 2023
Chart 31: Top SpaceTech Investment Deals, 1Q23 |
|||||||||||||||||||||||||||||||||
|
Source: Intro-act, Space Capital
Chart 32: SpaceTech Equity Investment by Geography: Leading Countries (Jan. 2013 – Mar. 2023) |
|
Source: Intro-act, Space Capital
Chart 33: SpaceTech Institutional Owners League (Current)
Rank |
Institution Name |
# SpaceTech Positions |
Invested in |
Q/Q Change in Volume ($ Mn) |
% of Instit Ownership |
1 |
The Vanguard Group, Inc. |
93 |
614,788 |
7,331 |
11.1% |
2 |
BlackRock Fund Advisors |
87 |
272,160 |
-1,315 |
4.9% |
3 |
SSgA Funds Management, Inc. |
93 |
240,097 |
973 |
4.3% |
4 |
Fidelity Management & Research Co. LLC |
78 |
153,723 |
1,584 |
2.8% |
5 |
Geode Capital Management LLC |
94 |
134,483 |
-2,767 |
2.4% |
6 |
T. Rowe Price Associates, Inc. (Investment Management) |
73 |
132,731 |
-19,003 |
2.4% |
7 |
Capital Research & Management Co. (World Investors) |
36 |
121,782 |
-301 |
2.2% |
8 |
Daiwa Asset Management Co. Ltd. |
44 |
113,112 |
443 |
2.0% |
9 |
Nomura Asset Management Co., Ltd. |
56 |
111,006 |
-441 |
2.0% |
10 |
First Eagle Investment Management LLC |
12 |
91,517 |
951 |
1.6% |
11 |
Nikko Asset Management Co., Ltd. |
43 |
84,120 |
-5,228 |
1.5% |
12 |
Capital Research & Management Co. (International Investors) |
29 |
71,163 |
-12 |
1.3% |
13 |
BlackRock Advisors (UK) Ltd. |
78 |
70,147 |
948 |
1.3% |
14 |
Capital Research & Management Co. (Global Investors) |
22 |
69,411 |
-1,702 |
1.2% |
15 |
Northern Trust Investments, Inc. (Investment Management) |
87 |
60,164 |
-1,308 |
1.1% |
16 |
Wellington Management Co. LLP |
53 |
58,208 |
-755 |
1.0% |
17 |
Charles Schwab Investment Management, Inc. |
86 |
55,856 |
2,015 |
1.0% |
18 |
BlackRock Investment Management LLC |
81 |
52,175 |
347 |
0.9% |
19 |
JPMorgan Investment Management, Inc. |
73 |
51,653 |
973 |
0.9% |
20 |
Dimensional Fund Advisors LP |
76 |
44,641 |
-333 |
0.8% |
21 |
BlackRock Investment Management (UK) |
68 |
41,344 |
-2,070 |
0.7% |
22 |
Massachusetts Financial Services Co. |
37 |
39,993 |
-731 |
0.7% |
23 |
Baillie Gifford & Co. |
28 |
36,032 |
-1,556 |
0.6% |
24 |
Mitsubishi UFJ Kokusai Asset Management Co., Ltd. |
52 |
35,654 |
1,237 |
0.6% |
25 |
Invesco Advisers, Inc. |
74 |
34,996 |
378 |
0.6% |
26 |
AllianceBernstein LP |
73 |
33,774 |
-556 |
0.6% |
27 |
TIAA-CREF Investment Management LLC |
86 |
33,216 |
990 |
0.6% |
28 |
Morgan Stanley Smith Barney LLC (Investment Management) |
73 |
33,128 |
-32 |
0.6% |
29 |
Harris Associates LP |
8 |
32,468 |
4,315 |
0.6% |
30 |
Mellon Investments Corp. |
81 |
30,404 |
-248 |
0.5% |
Other |
|
2,608,411 |
35,423 |
46.9% |
|
Total |
|
5,562,358 |
19,552 |
100% |
Source: Intro-act, 13F Filings
|
|
|
Share Price |
Mkt Cap ($ Mns) |
Ent Val ($ Mns) |
Price Performance |
Sales |
EBITDA |
Book Value |
|||||||
|
|
01-05-2023 |
% to High |
% to Low |
% YTD |
LTM |
NTM |
EV/Sales |
LTM |
NTM |
EV/ EBITDA |
Book/ Share |
P/ |
|||
Peer Set |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SPACE EXPLORATION AND SATELLITE MANUFACTURING |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
1 |
RAYTHEON TECHNOLOGIES CORP |
RTX |
100.33 |
1,46,596 |
1,75,814 |
5% |
-20% |
17% |
68,572 |
74,044 |
2.4 x |
11,040 |
12,115 |
14.5 x |
49.82 |
2.0 x |
2 |
HONEYWELL INTERNATIONAL INC |
HON |
200.48 |
1,33,455 |
1,44,511 |
10% |
-17% |
-4% |
35,954 |
37,480 |
3.9 x |
8,919 |
9,647 |
15.0 x |
25.42 |
7.9 x |
3 |
LOCKHEED MARTIN CORP |
LMT |
469.43 |
1,18,884 |
1,33,334 |
8% |
-20% |
32% |
66,146 |
66,342 |
2.0 x |
9,870 |
9,865 |
13.5 x |
37.98 |
12.4 x |
4 |
AIRBUS GROUP SE |
AIR-FR |
140.36 |
1,10,942 |
1,05,352 |
1% |
-40% |
10% |
60,921 |
70,368 |
1.5 x |
8,305 |
9,505 |
11.1 x |
18.15 |
7.7 x |
5 |
BOEING CO |
BA |
203.87 |
1,22,647 |
1,63,979 |
9% |
-45% |
1% |
70,538 |
80,712 |
2.0 x |
-233 |
5,466 |
30.0 x |
-25.79 |
-7.9 x |
6 |
NORTHROP GRUMMAN CORP |
NOC |
462.72 |
70,268 |
82,733 |
20% |
-7% |
20% |
37,106 |
38,853 |
2.1 x |
4,988 |
5,486 |
15.1 x |
99.61 |
4.6 x |
7 |
DASSAULT SYSTEMES SE |
DSY-FR |
40.48 |
54,057 |
54,093 |
12% |
-23% |
-31% |
6,099 |
6,695 |
8.1 x |
2,182 |
2,503 |
21.6 x |
6.27 |
6.5 x |
8 |
SYNOPSYS INC |
SNPS |
371.62 |
56,598 |
56,056 |
6% |
-31% |
1% |
5,173 |
5,984 |
9.4 x |
1,682 |
2,207 |
25.4 x |
36.99 |
10.0 x |
9 |
L3HARRIS TECHNOLOGIES INC |
LHX |
194.71 |
36,888 |
43,998 |
31% |
-3% |
-9% |
17,430 |
18,024 |
2.4 x |
3,458 |
3,539 |
12.4 x |
96.67 |
2.0 x |
10 |
BAE SYSTEMS |
BA-GB |
12.74 |
38,951 |
43,668 |
1% |
-35% |
72% |
28,292 |
30,296 |
1.4 x |
3,672 |
4,071 |
10.7 x |
4.59 |
2.8 x |
11 |
AMETEK |
AME |
139.34 |
32,087 |
34,270 |
6% |
-24% |
-5% |
6,289 |
6,700 |
5.1 x |
1,870 |
1,997 |
17.2 x |
32.50 |
4.3 x |
12 |
THALES SA |
HO-FR |
152.79 |
32,119 |
32,519 |
4% |
-32% |
82% |
17,912 |
20,196 |
1.6 x |
2,621 |
3,189 |
10.2 x |
37.69 |
4.1 x |
13 |
KOMATSU LTD |
6301-JP |
24.97 |
24,303 |
31,433 |
6% |
-30% |
10% |
26,001 |
25,500 |
1.2 x |
3,489 |
4,423 |
7.1 x |
19.72 |
1.3 x |
14 |
BALL CORP |
BALL |
53.63 |
16,863 |
25,742 |
55% |
-14% |
-44% |
15,349 |
15,495 |
1.7 x |
1,957 |
2,117 |
12.2 x |
11.02 |
4.9 x |
15 |
MITSUBISHI ELECTRONICS CORP. |
6503-JP |
12.76 |
27,406 |
27,175 |
1% |
-31% |
2% |
36,579 |
37,027 |
0.7 x |
3,533 |
|
|
11.27 |
1.1 x |
16 |
TELEDYNE TECHNOLOGIES INC |
TDY |
416.76 |
19,607 |
23,060 |
8% |
-22% |
-5% |
5,521 |
5,799 |
4.0 x |
1,314 |
1,413 |
16.3 x |
177.85 |
2.3 x |
17 |
TERADYNE INC |
TER |
92.30 |
14,403 |
13,615 |
24% |
-27% |
-44% |
3,017 |
2,763 |
4.9 x |
878 |
705 |
19.3 x |
15.74 |
5.9 x |
18 |
IDEX Corp |
IEX |
206.84 |
15,632 |
16,811 |
19% |
-17% |
-12% |
3,276 |
3,392 |
5.0 x |
897 |
955 |
17.6 x |
42.67 |
4.8 x |
19 |
HEICO CORP |
HEI |
170.78 |
9,335 |
24,402 |
4% |
-26% |
18% |
2,339 |
2,808 |
8.7 x |
628 |
738 |
33.0 x |
19.72 |
8.7 x |
20 |
LEONARDO-FINMECCANICA SPA |
LDO-IT |
11.93 |
6,897 |
10,792 |
9% |
-44% |
68% |
15,253 |
16,951 |
0.6 x |
1,692 |
1,982 |
5.4 x |
13.78 |
0.9 x |
21 |
IHI CORPORATION |
7013-JP |
25.24 |
3,903 |
7,698 |
27% |
-19% |
28% |
9,672 |
10,026 |
0.8 x |
1,223 |
1,135 |
6.8 x |
19.71 |
1.3 x |
22 |
SPIRIT AEROSYSTEMS HOLD-CL A |
SPR |
29.45 |
3,100 |
6,407 |
48% |
-28% |
-32% |
5,030 |
6,335 |
1.0 x |
70 |
617 |
10.4 x |
-2.35 |
-12.5 x |
23 |
AEROJET ROCKETDYNE HLDGS INC COM |
AJRD |
56.35 |
4,546 |
4,458 |
1% |
-35% |
21% |
2,238 |
2,321 |
1.9 x |
#N/A |
300 |
14.8 x |
6.88 |
8.2 x |
24 |
MOOG |
MOG.A |
92.59 |
2,659 |
3,809 |
11% |
-24% |
14% |
3,138 |
3,192 |
1.2 x |
363 |
413 |
9.2 x |
49.61 |
1.9 x |
25 |
VIRGIN GALACTIC HOLDINGS INC COM |
SPCE |
3.57 |
1,001 |
509 |
140% |
-17% |
-73% |
2 |
12 |
43.1 x |
-441 |
-575 |
- |
1.74 |
2.0 x |
26 |
3D SYSTEMS CORP |
DDD |
9.19 |
1,205 |
1,139 |
47% |
-24% |
-57% |
538 |
557 |
2.0 x |
-6 |
2 |
665.5 x |
5.72 |
1.6 x |
27 |
PROTO LABS INC |
PRLB |
28.91 |
771 |
719 |
83% |
-24% |
-44% |
488 |
493 |
1.5 x |
83 |
69 |
10.5 x |
25.95 |
1.1 x |
28 |
OHB SWEDEN |
OHB-DE |
35.60 |
622 |
807 |
11% |
-27% |
-12% |
982 |
1,255 |
0.6 x |
87 |
117 |
6.9 x |
17.09 |
2.1 x |
29 |
MARKFORGED HOLDING CORP |
MKFG |
0.97 |
189 |
69 |
269% |
-27% |
-82% |
101 |
105 |
0.7 x |
-59 |
-46 |
- |
1.30 |
0.7 x |
30 |
VELO3D INC |
VLD |
2.22 |
427 |
370 |
168% |
-42% |
-72% |
95 |
130 |
2.8 x |
-71 |
-35 |
- |
0.63 |
3.5 x |
31 |
REDWIRE CORPORATION |
RDW |
3.02 |
194 |
337 |
117% |
-45% |
-55% |
161 |
228 |
1.5 x |
3 |
-1 |
- |
-0.10 |
-29.0 x |
32 |
MOMENTUS INC |
MNTS |
0.43 |
41 |
-4 |
791% |
-7% |
-90% |
0 |
3 |
-1.6 x |
-66 |
-64 |
- |
0.46 |
0.9 x |
33 |
HEXCEL Corp |
HXL |
71.99 |
6,074 |
6,737 |
4% |
-34% |
39% |
1,325 |
1,805 |
3.7 x |
202 |
375 |
17.9 x |
19.22 |
3.7 x |
34 |
AAC CLYDE SPACE |
AAC-SE |
0.13 |
26 |
23 |
72% |
-18% |
-62% |
21 |
34 |
0.7 x |
-1 |
2 |
13.6 x |
0.33 |
0.4 x |
35 |
GOMSPACE |
GOMX-SE |
0.18 |
28 |
22 |
433% |
-26% |
-79% |
23 |
26 |
0.8 x |
-1 |
-1 |
- |
0.12 |
1.4 x |
36 |
LATECOERE SA |
LAT-FR |
0.23 |
125 |
285 |
125% |
-8% |
-61% |
422 |
650 |
0.4 x |
-27 |
-3 |
- |
0.21 |
1.1 x |
37 |
ASTROCAST SA |
ASTRO-NO |
0.52 |
21 |
22 |
424% |
-16% |
-90% |
1 |
|
|
-18 |
|
|
0.34 |
1.6 x |
38 |
SIDUS SPACE |
SIDU |
0.23 |
6 |
4 |
3895% |
-6% |
-93% |
9 |
0.4 x |
|
|
|
0.22 |
1.1 x |
|
LAUNCHERS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
39 |
TE CONNECTIVITY |
TEL |
123.20 |
38,822 |
42,420 |
12% |
-15% |
-24% |
16,457 |
16,360 |
2.6 x |
3,585 |
3,589 |
11.8 x |
34.94 |
3.5 x |
40 |
ROCKET LAB USA INC |
RKLB |
3.88 |
1,853 |
1,529 |
96% |
-10% |
-68% |
211 |
284 |
5.4 x |
-38 |
-83 |
- |
1.42 |
2.7 x |
41 |
VIRGIN ORBIT |
VORB |
0.07 |
27 |
66 |
9000% |
-25% |
-99% |
7 |
|
|
-140 |
|
|
0.14 |
0.5 x |
42 |
ASTRA SPACE INC |
ASTR |
0.40 |
86 |
18 |
752% |
-13% |
-94% |
28 |
0.6 x |
-174 |
-145 |
- |
0.31 |
1.3 x |
|
43 |
LILIUM GMBH |
LILM |
0.38 |
144 |
-51 |
839% |
-3% |
-94% |
0 |
0 |
-256 |
-264 |
- |
0.55 |
0.7 x |
|
44 |
AVIO SPA |
AVIO-IT |
10.15 |
267 |
186 |
40% |
-16% |
-20% |
342 |
376 |
0.5 x |
42 |
29 |
6.4 x |
12.43 |
0.8 x |
DATA SERVICES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
45 |
HEXAGON |
HEXA.B-SE |
11.39 |
29,565 |
34,275 |
14% |
-25% |
-28% |
5,563 |
5,975 |
5.7 x |
2,040 |
2,303 |
14.9 x |
3.96 |
2.9 x |
46 |
UNITY SOFTWARE INC |
U |
26.80 |
10,044 |
11,518 |
164% |
-21% |
-81% |
1,391 |
2,134 |
5.4 x |
-46 |
245 |
47.0 x |
9.43 |
2.8 x |
47 |
CLARIVATE PLC |
CLVT |
8.82 |
5,958 |
12,089 |
79% |
-11% |
-63% |
2,660 |
2,672 |
4.5 x |
1,113 |
1,127 |
10.7 x |
8.04 |
1.1 x |
48 |
MAXAR TECHNOLOGIES INC |
MAXR |
52.98 |
4,003 |
6,268 |
0% |
-67% |
87% |
1,605 |
1,804 |
3.5 x |
286 |
518 |
12.1 x |
18.57 |
2.9 x |
49 |
BEIJING PIESAT |
688066-CN |
14.44 |
2,681 |
2,741 |
12% |
-43% |
27% |
222 |
502 |
5.5 x |
41 |
79 |
34.7 x |
2.10 |
6.9 x |
50 |
PLANET LABS |
PL |
4.01 |
1,018 |
703 |
87% |
-18% |
-35% |
191 |
257 |
2.7 x |
-57 |
-45 |
- |
2.12 |
1.9 x |
51 |
MDA |
MDA-CA |
4.85 |
575 |
736 |
59% |
-15% |
-36% |
486 |
572 |
1.3 x |
120 |
111 |
6.6 x |
6.20 |
0.8 x |
52 |
ARQIT QUANTUM INC |
ARQQ |
1.07 |
143 |
89 |
897% |
-10% |
-96% |
0 |
78 |
1.1 x |
144 |
-9 |
- |
0.64 |
1.7 x |
53 |
TERRAN ORBITAL |
LLAP |
1.74 |
252 |
325 |
284% |
-26% |
-82% |
39 |
199 |
1.6 x |
-26 |
-47 |
- |
-0.64 |
-2.7 x |
54 |
WEATHERNEWS INC |
4825-JP |
49.82 |
590 |
460 |
27% |
-15% |
-36% |
152 |
154 |
3.0 x |
28 |
30 |
15.4 x |
11.84 |
4.2 x |
55 |
SATELLOGIC |
SATL |
2.16 |
163 |
77 |
405% |
-22% |
-78% |
4 |
- |
- |
- |
- |
- |
1.48 |
1.5 x |
56 |
SATREC INITIATIVE |
099320-KR |
27.23 |
247 |
182 |
56% |
-43% |
-30% |
- |
- |
- |
- |
- |
- |
9.94 |
2.7 x |
57 |
IMAGESAT INTERNATIONAL ORD SHS |
ISI-IL |
3.89 |
238 |
158 |
68% |
-32% |
- |
- |
- |
- |
- |
- |
- |
3.19 |
1.2 x |
58 |
BLACKSKY TECHNOLOGY INC |
BKSY |
1.30 |
181 |
160 |
187% |
-23% |
-71% |
65 |
94 |
1.7 x |
-31 |
-9 |
- |
1.02 |
1.3 x |
59 |
SPIRE GLOBAL INC |
SPIR |
0.66 |
96 |
137 |
201% |
-14% |
-80% |
80 |
106 |
1.3 x |
-33 |
-20 |
- |
0.77 |
0.9 x |
60 |
KLEOS SPACE SA |
KSS-AU |
0.07 |
13 |
13 |
560% |
-6% |
-88% |
4 |
4 |
3.4 x |
-6 |
-8 |
- |
0.03 |
2.2 x |
61 |
WINDWARD |
WNWD-GB |
0.58 |
50 |
29 |
188% |
-29% |
-80% |
17 |
26 |
1.1 x |
-9 |
-8 |
- |
0.15 |
3.8 x |
COMMUNICATIONS EQUIPMENT |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
62 |
MEDIATEK |
2454-TW |
21.63 |
34,602 |
29,560 |
46% |
-22% |
-49% |
16,348 |
14,879 |
2.0 x |
3,824 |
3,187 |
9.3 x |
8.99 |
2.4 x |
63 |
SAFRAN S.A. |
SAF-FR |
155.60 |
66,481 |
66,839 |
2% |
-45% |
28% |
16,957 |
25,287 |
2.6 x |
3,311 |
4,744 |
14.1 x |
27.07 |
5.7 x |
64 |
AMPHENOL CORP. |
APH |
76.44 |
45,506 |
49,020 |
8% |
-19% |
-13% |
12,645 |
12,488 |
3.9 x |
2,981 |
2,967 |
16.5 x |
11.04 |
6.9 x |
65 |
GARMIN LTD |
GRMN |
98.32 |
18,844 |
17,528 |
16% |
-22% |
-28% |
4,860 |
5,006 |
3.5 x |
1,196 |
1,220 |
14.4 x |
32.38 |
3.0 x |
66 |
TRIMBLE INC |
TRMB |
46.91 |
11,585 |
12,971 |
54% |
-3% |
-46% |
3,676 |
3,773 |
3.4 x |
913 |
957 |
13.6 x |
16.40 |
2.9 x |
67 |
ELBIT SYSTEMS LTD |
ESLT |
185.64 |
8,233 |
9,308 |
32% |
-13% |
7% |
5,512 |
5,756 |
1.6 x |
529 |
547 |
17.0 x |
62.13 |
3.0 x |
68 |
VALEO SA |
FR-FR |
19.50 |
4,749 |
9,756 |
21% |
-24% |
-35% |
21,585 |
24,490 |
0.4 x |
2,595 |
2,850 |
3.4 x |
17.50 |
1.1 x |
69 |
VERTIV |
VRT |
14.82 |
5,628 |
8,714 |
21% |
-48% |
-41% |
6,056 |
6,557 |
1.3 x |
732 |
953 |
9.1 x |
4.09 |
3.6 x |
70 |
KRATOS DEFENSE & SECURITY |
KTOS |
13.09 |
1,658 |
1,932 |
25% |
-32% |
-33% |
898 |
989 |
2.0 x |
71 |
88 |
22.1 x |
7.43 |
1.8 x |
71 |
TOMTOM NV |
TOM2-NL |
8.56 |
1,133 |
810 |
11% |
-26% |
-15% |
572 |
624 |
1.3 x |
37 |
15 |
53.7 x |
1.78 |
4.8 x |
72 |
ECHOSTAR CORP |
SATS |
16.94 |
608 |
1,474 |
45% |
-10% |
-35% |
1,998 |
1,890 |
0.8 x |
655 |
526 |
2.8 x |
42.21 |
0.4 x |
73 |
AMPLITECH GROUP |
AMPG |
3.19 |
31 |
22 |
12% |
-49% |
-19% |
19 |
20 |
1.1 x |
1 |
2 |
10.4 x |
2.98 |
1.1 x |
74 |
MYNARIC AG |
MYNA |
6.00 |
136 |
119 |
81% |
-44% |
-53% |
2 |
31 |
3.9 x |
-40 |
-54 |
- |
2.69 |
2.2 x |
COMMUNICATIONS SERVICES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
75 |
COMCAST CORP NEW |
CMCSA |
41.64 |
1,75,163 |
2,77,120 |
7% |
-32% |
-17% |
1,20,108 |
1,20,644 |
2.3 x |
36,726 |
37,200 |
7.4 x |
19.72 |
2.1 x |
76 |
AT&T INC |
T |
17.50 |
1,24,773 |
2,88,555 |
23% |
-17% |
-29% |
1,21,168 |
1,22,586 |
2.4 x |
41,801 |
43,182 |
6.7 x |
17.18 |
1.0 x |
77 |
SIRIUS XM HOLDINGS INC |
SIRI |
3.78 |
14,623 |
24,424 |
81% |
-12% |
-40% |
8,960 |
9,069 |
2.7 x |
2,766 |
2,763 |
8.8 x |
-0.86 |
-4.4 x |
78 |
DISH NETWORK CORPORATION |
DISH |
7.41 |
2,169 |
26,012 |
299% |
-8% |
-77% |
16,681 |
15,964 |
1.6 x |
2,800 |
2,133 |
12.2 x |
33.78 |
0.2 x |
79 |
IRIDIUM COMMUNICATIONS INC |
IRDM |
63.48 |
7,994 |
9,332 |
8% |
-48% |
54% |
758 |
820 |
11.4 x |
433 |
471 |
19.8 x |
8.62 |
7.4 x |
80 |
SES SA |
SESG-FR |
6.20 |
2,377 |
7,239 |
55% |
-17% |
-18% |
1,994 |
2,198 |
3.3 x |
1,135 |
1,141 |
6.3 x |
13.38 |
0.5 x |
81 |
VIASAT INC |
VSAT |
36.74 |
2,806 |
5,930 |
22% |
-31% |
-18% |
2,688 |
2,744 |
2.2 x |
582 |
501 |
11.8 x |
33.90 |
1.1 x |
82 |
EUTELSAT COMMUNICA |
ETL-FR |
6.65 |
1,656 |
4,963 |
82% |
-4% |
-45% |
1,184 |
1,239 |
4.0 x |
1,085 |
903 |
5.5 x |
12.19 |
0.5 x |
83 |
GLOBALSTAR INC |
GSAT |
0.90 |
1,630 |
1,820 |
231% |
-5% |
-22% |
149 |
204 |
8.9 x |
58 |
110 |
16.6 x |
0.17 |
5.2 x |
84 |
SKY PERFECT JSAT H |
9412-JP |
4.03 |
1,200 |
1,030 |
6% |
-17% |
13% |
889 |
887 |
1.2 x |
328 |
314 |
3.3 x |
6.46 |
0.6 x |
85 |
AST SPACEMOBILE INC |
ASTS |
4.70 |
338 |
337 |
204% |
-24% |
-41% |
14 |
1 |
286.3 x |
-84 |
-140 |
- |
1.86 |
2.5 x |
86 |
GILAT SATELLITE NETWORKS LTD SHS NEW |
GILT |
4.94 |
280 |
196 |
51% |
-9% |
-30% |
240 |
- |
- |
- |
- |
- |
4.31 |
1.1 x |
87 |
TELESAT CORP |
TSAT |
8.87 |
113 |
2,742 |
105% |
-32% |
-69% |
- |
- |
- |
- |
- |
- |
27.69 |
0.3 x |
SEMICONDUCTORS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
88 |
NVIDIA CORP |
NVDA |
289.10 |
7,14,077 |
7,11,656 |
1% |
-63% |
-2% |
26,974 |
29,911 |
23.8 x |
10,395 |
13,442 |
52.9 x |
8.96 |
32.3 x |
89 |
BROADCOM INC. |
AVGO |
637.95 |
2,65,976 |
2,92,660 |
2% |
-35% |
-4% |
34,412 |
35,852 |
8.2 x |
21,889 |
22,975 |
12.7 x |
55.90 |
11.4 x |
90 |
TEXAS INSTRUMENTS INC. |
TXN |
166.68 |
1,51,288 |
1,51,432 |
12% |
-13% |
-12% |
19,502 |
18,150 |
8.3 x |
10,561 |
9,298 |
16.3 x |
16.79 |
9.9 x |
91 |
QUALCOM |
QCOM |
115.84 |
1,29,162 |
1,38,264 |
35% |
-12% |
-37% |
42,929 |
39,544 |
3.5 x |
17,521 |
14,958 |
9.2 x |
16.81 |
6.9 x |
92 |
INFINEON TECHNOLOGIES |
IFX-DE |
36.33 |
47,440 |
50,925 |
14% |
-42% |
-21% |
15,755 |
17,685 |
2.9 x |
5,349 |
6,491 |
7.8 x |
11.63 |
3.1 x |
93 |
MICROCHIP TECHNOLOGY INC. |
MCHP |
75.38 |
41,293 |
47,626 |
16% |
-28% |
-13% |
8,050 |
8,829 |
5.4 x |
3,899 |
4,302 |
11.1 x |
11.52 |
6.5 x |
94 |
ST MICROELECTRONICS |
STM-FR |
42.58 |
38,768 |
37,228 |
26% |
-34% |
-13% |
16,829 |
17,280 |
2.2 x |
5,819 |
5,695 |
6.5 x |
15.39 |
2.8 x |
SOFTWARE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
95 |
AUTODESK |
ADSK |
196.47 |
42,198 |
42,835 |
20% |
-17% |
-30% |
5,005 |
5,413 |
7.9 x |
1,787 |
2,071 |
20.7 x |
5.33 |
36.9 x |
96 |
VERISK |
VRSK |
192.57 |
29,790 |
33,648 |
7% |
-19% |
-16% |
2,898 |
2,609 |
12.9 x |
1,455 |
1,396 |
24.1 x |
11.31 |
17.0 x |
97 |
ANSYS INC |
ANSS |
314.17 |
27,360 |
27,592 |
6% |
-38% |
-22% |
2,073 |
2,288 |
12.1 x |
875 |
1,061 |
26.0 x |
55.96 |
5.6 x |
98 |
UIPATH INC - CLASS A |
PATH |
14.15 |
6,721 |
6,183 |
58% |
-27% |
-67% |
1,059 |
1,254 |
4.9 x |
80 |
133 |
46.6 x |
3.45 |
4.1 x |
99 |
TOPICUS |
TOI-CA |
67.23 |
5,505 |
5,932 |
7% |
-31% |
-27% |
- |
- |
- |
- |
- |
- |
3.46 |
19.4 x |
100 |
ENGHOUSE SYSTEMS LTD. |
ENGH-CA |
27.75 |
1,533 |
1,359 |
18% |
-33% |
-28% |
296 |
333 |
4.1 x |
101 |
105 |
13.0 x |
7.01 |
4.0 x |
DRONES/UAVs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
101 |
JOBY AVIATION INC |
JOBY |
4.40 |
2,766 |
1,707 |
63% |
-28% |
-40% |
0 |
0 |
- |
-236 |
-342 |
- |
1.90 |
2.3 x |
102 |
AEROVIRONMENT INC |
AVAV |
101.66 |
2,568 |
2,686 |
7% |
-31% |
64% |
487 |
580 |
4.6 x |
73 |
118 |
22.7 x |
24.60 |
4.1 x |
103 |
ARCHER AVIATION INC-A |
ACHR |
2.03 |
375 |
-21 |
154% |
-20% |
-66% |
0 |
0 |
- |
-246 |
-307 |
- |
2.04 |
1.0 x |
104 |
BLADE AIR MOBILITY INC |
BLDE |
2.67 |
192 |
15 |
228% |
-4% |
-70% |
146 |
197 |
0.1 x |
-26 |
-22 |
- |
3.83 |
0.7 x |
DIVERSIFIED |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
105 |
MICROSOFT |
MSFT |
305.56 |
22,71,988 |
22,50,927 |
1% |
-30% |
-9% |
2,07,591 |
2,27,908 |
9.9 x |
1,00,955 |
1,16,664 |
19.3 x |
26.18 |
11.7 x |
106 |
AMAZON.COM INC |
AMZN |
102.05 |
10,47,069 |
11,31,410 |
44% |
-20% |
-39% |
5,24,897 |
5,72,345 |
2.0 x |
78,109 |
89,326 |
12.7 x |
15.06 |
6.8 x |
107 |
ALPHABET |
GOOGL |
107.20 |
6,36,875 |
12,80,013 |
15% |
-22% |
-26% |
2,84,612 |
3,07,688 |
4.2 x |
1,08,150 |
1,17,930 |
10.9 x |
20.51 |
5.2 x |
108 |
ORACLE |
ORCL |
94.87 |
2,56,130 |
3,40,188 |
2% |
-36% |
9% |
47,958 |
52,470 |
6.5 x |
24,211 |
27,799 |
12.2 x |
-0.90 |
-105.8 x |
109 |
KONGSBERG GRUPPEN |
KOG-NO |
44.69 |
7,924 |
7,958 |
2% |
-37% |
38% |
3,282 |
3,532 |
2.3 x |
498 |
508 |
15.7 x |
7.63 |
5.9 x |
110 |
NANO DIMENSIONS |
NNDM |
2.52 |
638 |
-363 |
48% |
-18% |
-35% |
44 |
- |
- |
- |
- |
- |
4.45 |
0.6 x |
111 |
TRANSDIGM GROUP |
TDG |
769.19 |
41,996 |
58,686 |
1% |
-35% |
21% |
5,632 |
6,331 |
9.3 x |
2,780 |
3,205 |
18.3 x |
-61.23 |
-12.6 x |
112 |
CONSTELLATION SOFTWARE |
CSU-CA |
1,991.06 |
42,194 |
43,800 |
1% |
-35% |
7% |
6,621 |
8,052 |
5.4 x |
1,699 |
2,098 |
20.9 x |
80.71 |
24.7 x |
SPACs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
113 |
ZANITE ACQUISITION CORP. |
ZNTE |
7.93 |
2,134 |
1,906 |
68% |
-36% |
-22% |
- |
0 |
- |
- |
-108 |
- |
1.07 |
7.4 x |
114 |
DHC ACQUISITION CORP |
DHCA |
10.65 |
49 |
412 |
5% |
-8% |
9% |
- |
- |
- |
- |
- |
- |
7.70 |
1.4 x |
115 |
GIGCAPITAL5, INC. |
GIA |
10.59 |
101 |
113 |
6% |
-6% |
-3% |
- |
- |
- |
- |
- |
- |
2.70 |
3.9 x |
116 |
C5 ACQUISITION CORP |
CXAC |
10.54 |
303 |
378 |
2% |
-6% |
- |
- |
- |
- |
- |
- |
- |
8.01 |
1.3 x |
117 |
GIGINTERNATIONAL1, INC. |
GIW |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
3.23 |
- |
118 |
NEW VISTA ACQUISITION CORP |
NVSA |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
7.67 |
- |
119 |
TALON 1 ACQUISITION CORP |
TOAC |
10.65 |
103 |
306 |
7% |
-6% |
-65% |
- |
- |
- |
- |
- |
- |
8.01 |
1.3 x |
120 |
BREEZE HOLDINGS ACQUISITION CORP. |
BREZ |
10.66 |
46 |
51 |
2% |
-5% |
4% |
- |
- |
- |
- |
- |
- |
2.32 |
4.6 x |
121 |
TG VENTURE ACQUISITION CORP. |
TGVC |
10.40 |
120 |
150 |
4% |
-5% |
6% |
- |
- |
- |
- |
- |
- |
8.13 |
1.3 x |
122 |
BROAD CAPITAL ACQUISITION CORP. |
BRAC |
10.68 |
95 |
140 |
3% |
-7% |
- |
- |
- |
- |
- |
- |
- |
7.58 |
1.4 x |
123 |
PARSEC CAPITAL ACQUISITIONS CORP. |
PCX |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
7.86 |
- |
124 |
CERES ACQUISITION CORP. |
CERAF |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
-1.34 |
- |
Data updated as of 2023/05/01.
*Companies for which quarterly NTM and LTM data is not available, yearly numbers are used.
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