Global X Space Tech ETF

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Space investment in first quarter hits record as SpaceX IPO buzz lifts sector

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MBRYONICS has expanded its customer base and manufacturing capabilities, recently securing an €18.6M contract with the European Space Agency for the HydRON program. This initiative aims to establish a multi-orbital optical communications network. To meet growing demand, MBRYONICS is constructing a new 40,000 square feet facility in Shannon, Ireland, expected to produce thousands of optical terminals by 2027. The company is recognized for its ability to integrate various optical communication standards, facilitating seamless connectivity across different satellite networks.

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MBRYONICS Announces Further Expansion in Its Customer Base and Manufacturing Facilities to Meet Rapidly Growing Demand

Global X Management Company has launched the Global X Space Tech ETF (NASDAQ:ORBX) to capitalize on the growing space economy, targeting companies involved in rockets, satellites, and data services. The ETF aims to provide focused exposure to firms generating at least 50% of their revenue from space-related activities. With the global space economy projected to reach $1 trillion in annual revenue within a decade, ORBX is designed to minimize dilution from broader tech ETFs. The fund has an expense ratio of 0.50% and will include new space-related IPOs, enhancing its investment scope.

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Oklo

Global X Eyes Space Surge With High-Conviction ORBX ETF

AMZN

This weekend, Blue Origin's New Glenn rocket is set to launch, marking a significant moment in the space industry. A successful launch would challenge SpaceX's dominance in reusable orbital launch vehicles and initiate competition among three companies to eliminate the "No Service" indicator on mobile phones. The launch will test the first-stage booster that previously launched and landed successfully, which is crucial for cost-effective booster reuse, a key factor in SpaceX's success. Amazon aims to enhance its Leo launches with a reusable rocket.

- This weekend's Blue Origin rocket launch is significant as it may end SpaceX's monopoly on reusable orbital launch vehicles.  
- The New Glenn rocket is set to launch with a crucial first-stage booster to test cost-effective reuse, essential for competition in the market.  
- Amazon requires a reliable reusable rocket to enhance its low Earth orbit launch capabilities.

The Verge

A giant cell tower is going to space this weekend

Global X Space Tech ETF(ORBX.US)

Global X Space Tech ETF Stock Performance Chart

Space investment in first quarter hits record as SpaceX IPO buzz lifts sector

MBRYONICS Announces Further Expansion in Its Customer Base and Manufacturing Facilities to Meet Rapidly Growing Demand

Global X Eyes Space Surge With High-Conviction ORBX ETF

A giant cell tower is going to space this weekend