Launch Acceleration
Badi@badi
−7.9%
since Sep 30
The idea
I believe the space race accelerates over the next couple of years, with money landing first at the launch pad. So the basket leans hardest into pure-play rocket makers, backs them up with engine and propulsion names that get paid on every flight, adds a broad layer of parts and materials suppliers who win regardless of which rocket flies, and rounds it out with two heavy-lift defense primes for ballast.
What it owns
- The companies actually building and flying rockets own the most direct exposure to a faster launch cadence. · Rocket LabIt operates as a pure-play launch provider, with growth tied directly to Electron flight rates and Neutron's path to commercial missions., SpaceXIt flies more orbital rockets than the rest of the industry combined, making it the primary vehicle for accelerated space activity., Firefly AerospaceIt competes in the commercial launch market, gaining market share when overall mission demand exceeds the capacity of larger providers., Intuitive MachinesIt operates lunar landers funded by government missions, earning revenue as NASA accelerates its schedule for Moon activity.30%
- Suppliers of alloys, structures, and electronics sell to the whole industry, gaining revenue from rising launch cadence regardless of which rocket wins. · Karman HoldingsIt supplies components across multiple rocket platforms, generating revenue from rising launch counts independent of which launcher dominates., RedwireIt provides space hardware across multiple programs, growing its order book as total space mission activity increases., Carpenter TechnologyIt manufactures superalloys for rocket engines, so engine production ramp-ups directly drive its metal orders and revenue., Teledyne TechnologiesIt supplies electronics and sensors used on rockets and satellites, gaining orders as mission count and vehicle production rise., Curtiss-WrightIt manufactures flight controls and actuators that every rocket needs, benefiting from rising production rates across all launch platforms., DucommunIt manufactures structures for rockets and missiles, growing its backlog as vehicle production rates increase across the industry.27%
- Every launcher needs engines and boosters, so propulsion makers get paid as flight rates rise across the industry. · L3Harris TechnologiesThrough Aerojet Rocketdyne, it supplies engines across multiple launch platforms, benefiting from higher propulsion demand across the industry., Kratos Defense & SecurityIt builds compact rockets and hypersonic test vehicles that see increased demand when defense and orbital test spending accelerates., BWX TechnologiesIt develops nuclear propulsion systems that receive increased funding and development when in-space acceleration becomes a race priority.17%
- The major defense contractors operate heavy-lift launch programs funded by government budgets that grow with space priorities. · Northrop GrummanIt manufactures solid rocket boosters for heavy-lift vehicles, earning revenue as government and commercial heavy-lift launch cadence increases., Lockheed MartinIts space segment wins contracts from government deep-space and heavy-lift programs that expand with faster launch race priorities.14%
- Cash12%