Space-Investor @Space-Investor: "Space Portfolio Update Week Ending..."

Australia

Space Portfolio Update Week Ending 2024-05-24 Disclosure: This portfolio is invested in the following companies referenced below – QQ.L (QinetiQ), RR.L (Rolls-Royce), SPIR (Spire Global), SIRI (SiriusXM), ETL.PA (Eutelsat Group), AIR.PA (Airbus), HO.PA (Thales), LDO.MI (Leonardo), LMT (Lockheed Martin), NOC (Northrop Grumman ), $RKLB (Rocket Lab USA Inc.), $PL (Planet Labs PBC) Past Week Returns: 🟢 This Portfolio: 0.88% 🟢 S&P 500: 0.03% tinyurl.com/3xbk8xse 🟢 HSPAP: 2.02% tinyurl.com/h5uymjdj Benchmark ETFs 🔴 ARKX: (1.22%) tinyurl.com/4vkwz5a4 🔴 ROKT: (0.44%) tinyurl.com/yt4avxb7 🟢 ITA: 0.04% tinyurl.com/ywxuw5hx 🔴 UFO: (2.64%) tinyurl.com/2jtkeanw 🔴 Benchmark ETF Average: (1.07%) 12 Month Returns: 🟢 This Portfolio: 37.56% 🟢 S&P 500: 27.79% 🟢 HSPAP: 34.64% Benchmark ETFs 🟢 ARKX: 15.60% 🟢 ROKT: 12.82% 🟢 ITA: 24.36% 🔴 UFO: (15.34%) 🟢 Benchmark ETF Average: 9.36% 2 Year Returns: 🟢 This Portfolio: 59.75% 🟢 SpaceTech - www.etoro.com/smartportfolios/spacetech : 25.87% 🟢 S&P 500: 34.59% 🟢 Benchmark ETF Average: 11.05% 16 of our 32 holdings had gains this week. 🟢 $QQ.L (QinetiQ Group PLC) gained 12.20% after releasing their FY 2024 results (period ended 31 March). Compared to last year: - Revenue: £1,912.1m +21.0% - Operating Profit: £215.2m +20.3% - Net Profit: £169.6m +10.9% - EPS: 29.4p +10.9% - Deutsche Bank raised their price target 9.3% to 470p www.qinetiq.com/en/news/preliminary-results-may-2024 🟢 $RR.L (Rolls-Royce) was up 5.46% after releasing a trading update in which the CEO reaffirmed their 2024 guidance for underlying operating profit to be between £1.7b and £2b. He said large engine flying hours reached 100% of 2019 levels for the first 4 months this year and suggested that they could end the year at 110%. A significant portion of their revenue comes from engine maintenance which is proportional to flying hours. www.rolls-royce.com/~/media/Files/R/Rolls-Royce/documents/investors/rr-holdings-plc-agm-trading-update-may-2024.pdf 🔴 SPIR (Spire Global) fell (9.91%) making this the second week in a row they topped our biggest loser list. The fall came after a couple of analysts cut their price targets: Raymond James went from $14 to $12 and Alliance Global went from $21 to $17 – see last week’s report for a summary of their results which triggered the downgrades: www.etoro.com/posts/07d19300-1673-11ef-8080-80010e4ea360 🔴 SIRI (SiriusXM) was down (8.64%) after announcing they’ll be reducing their employee count by 3%. Other Portfolio News… $AIR.PA (AIRBUS SE) has won a €340m ESA contract to design and build the space weather forecasting satellite Vigil. www.airbus.com/en/newsroom/press-releases/2024-05-airbus-awarded-space-weather-spacecraft-mission-vigil Thales Alenia Space (JV 67% Thales + 33% Leonardo) has won a €25m contract from ESA to act as the prime contractor for phase 1 of a program to develop a cargo return service from commercial space stations and the Lunar Gateway station. www.thalesaleniaspace.com/en/press-releases/thales-alenia-space-signed-contract-european-space-agency-develop-low-earth-orbit Viasat has contracted Eutelsat OneWeb to provide LEO connectivity as part of their multi-orbit maritime services. spacenews.com/viasat-taps-oneweb-to-provide-multi-orbit-maritime-broadband/ Eutelsat has a new contract with InterSAT to extend their Pan-African satellite services to enterprise and retail customers using the Eutelsat 70B GEO satellite. www.eutelsat.com/en/news/press.html#/pressreleases/eutelsat-ku-band-capacity-selected-by-intersat-to-extend-its-pan-african-satellite-services-to-enterprise-and-retail-customers-3324324 Eutelsat has signed an MOU with Yahsat for them to use the Eutelsat Konnect GEO satellite for internet connectivity across multiple African and Middle East nations. www.eutelsat.com/en/news/press.html#/pressreleases/yahsat-partners-with-eutelsat-group-to-leverage-eutelsat-konnect-satellite-to-drive-growth-across-its-global-footprint-3324486 Lockheed Martin is 1 of 6 companies selected by the US Space Force to develop proposals for an electromagnetic warfare (EW) training range designed to simulate space combat scenarios. spacenews.com/space-force-selects-companies-to-develop-concepts-for-simulated-space-war-training-range/ BASF Digital Farming is growing its use of Planet Labs satellite data products to power its advanced digital farming products and services from its xarvio Digital Farming Solutions brand. investors.planet.com/news/news-details/2024/Planet-and-BASF-Digital-Farming-Expand-Strategic-Partnership-to-Enhance-Smart-Farming-Solutions-From-Space/default.aspx Report continues in the comments...

5 Mentioned

RKLB

QQ.L

RR.L

AIR.PA