The Space Economy Decade
Next Gen Movers / Moving Company@nextgenmove
−5.9%
since Oct 7
The idea
I believe cheaper access to orbit is building a real economy over the next decade: launches, satellites beaming back internet and imagery, and governments spending more on space for defense. The core sits in steady, profitable defense contractors and parts suppliers that get paid regardless of who wins the launch race, with a smaller slice in younger launch and satellite companies for growth, including SpaceX. A modest cash reserve cushions the more volatile names while this plays out.
What it owns
- Governments are the largest and most predictable buyers of space hardware, providing a stable foundation for this basket over a decade. · Lockheed MartinIt is the largest space contractor for the US government, building satellites and spacecraft that generate revenue as defense space budgets rise., Northrop GrummanIt builds military satellites and rocket motors, gaining steady revenue as governments increase spending on space-based defense capabilities., L3Harris TechnologiesIt builds satellites that detect missiles from orbit, tapping into the growing military focus on space-based surveillance and monitoring., RTX CorporationIt operates space sensors for government and defense applications, adding exposure to the space economy while maintaining steady revenue from its core defense business.31%
- These companies supply components that every rocket and satellite requires, so they benefit regardless of which launch provider leads. · Teledyne TechnologiesIt manufactures sensors and cameras installed on satellites, earning revenue from every new satellite constellation and imaging mission., HEICO CorporationIt makes electronic components that go into satellites and spacecraft, collecting revenue regardless of which rocket or satellite provider succeeds., Curtiss-WrightIt manufactures rugged electronics for military and space hardware, supplying components that see steady demand as defense budgets grow., Karman Space & DefenseIt supplies parts for rockets and missiles, earning revenue that rises with both launch frequency and defense spending., HexcelIt manufactures lightweight composite materials used in rockets and satellites, enabling the efficiency gains that lower launch costs., RedwireIt builds spacecraft components like solar arrays and docking systems that satellite makers purchase, capturing revenue from rising orbital activity.28%
- This segment converts space infrastructure into revenue on Earth through internet, communications and imagery sold to consumers and businesses. · Iridium CommunicationsIt operates a profitable satellite network serving ships, planes and military customers, demonstrating how space infrastructure generates revenue today., AST SpaceMobileIt aims to connect standard mobile phones directly to satellites, creating the type of space-to-Earth consumer service this take targets., ViasatIt sells satellite internet to airlines and militaries, two customer groups that continue paying for broadband regardless of competitive pressure., Planet LabsIt collects daily satellite imagery of Earth and sells that data to governments and businesses, monetizing the information side of space infrastructure., GlobalstarIt operates the satellite network behind Apple's emergency texting on iPhones, demonstrating satellite service reaching everyday phone users.17%
- Every space business must pay to reach orbit, so launch providers collect fees across the entire industry. · SpaceXIt operates the most active launch service through reusable rockets, which drives down orbital access costs, and monetizes that access through Starlink internet service., Rocket Lab USAIt operates as a second reliable launch provider and also builds satellites, generating revenue from both launch services and satellite manufacturing., Firefly AerospaceIt operates as a smaller launch provider positioned to capture launch demand that exceeds SpaceX and Rocket Lab capacity.16%
- Cash8%