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

Australia

Space Portfolio Update Week Ending 2024-05-31 Disclosure: This portfolio is invested in the following companies referenced below – ASTS (AST SpaceMobile), QQ.L (QinetiQ), GIB (CGI), BKSY (BlackSky), HO.PA (Thales), LDO.MI (Leonardo), SESG.PA (SES), AIR.PA (Airbus) Past Week Returns: 🟢 This Portfolio: 2.26% 🔴 S&P 500: (0.51%) tinyurl.com/3xbk8xse 🔴 HSPAP: (0.93%) tinyurl.com/h5uymjdj Benchmark ETFs 🔴 ARKX: (1.36%) tinyurl.com/4vkwz5a4 🔴 ROKT: (0.11%) tinyurl.com/yt4avxb7 🟢 ITA: 0.35% tinyurl.com/ywxuw5hx 🟢 UFO: 4.23% tinyurl.com/2jtkeanw 🟢 Benchmark ETF Average: 0.78% 12 Month Returns: 🟢 This Portfolio: 38.74% 🟢 S&P 500: 26.26% 🟢 HSPAP: 30.50% Benchmark ETFs 🟢 ARKX: 11.52% 🟢 ROKT: 13.23% 🟢 ITA: 25.18% 🔴 UFO: (11.33%) 🟢 Benchmark ETF Average: 9.65% 2 Year Returns:* 🟢 This Portfolio: 62.48% 🟢 S&P 500: 27.72% 🟢 Benchmark ETF Average: 6.67% * I’ve decided to stop including eToro’s SpaceTech Smart Portfolio returns– if you’re interested you can always look this up yourself at www.etoro.com/smartportfolios/spacetech 21 of our 32 holdings had gains this week. 🟢 $ASTS (AST SpaceMobile Inc) gained 74.58% after announcing they had secured $VZ (Verizon) as their second MNO (Mobile Network Operator) in the USA. This is vital for the company because they don’t have their own radio spectrum and must get it from MNOs. The headline value of the deal is $100 million and includes much needed funding to put towards building their constellation of BlueBird satellites. I’ve provided further details at www.etoro.com/posts/1aa63f00-1dba-11ef-8080-800038c07757 🟢 $QQ.L (QinetiQ Group PLC) was up 8.08% continuing to rise after releasing good FY 2024 results the previous week - www.qinetiq.com/en/news/preliminary-results-may-2024 🔴 GIB (CGI) fell (4.99%) after announcing a share buy back at a slight discount to the closing price on on May 27 (the price quoted in the press release is in CAD) - www.cgi.com/en/cgi-announces-intent-repurchase-2-point-89-million-shares-held-cdpq 🔴 $BKSY (Blacksky Technology Inc) was down (3.54%) despite announcing a $7 million contract renewal with a legacy international government customer - www.blacksky.com/blacksky-wins-7-million-dynamic-space-based-imagery-and-analytics-services-contract-renewal-with-legacy-international-government-customer/ Other Portfolio News… Thales Alenia Space (JV Thales 67% + Leonardo 33%) has received an order for a new big GEO satellite from SKY Perfect JSAT showing that the GEO market hasn’t yet come to an end. www.thalesaleniaspace.com/en/press-releases/sky-perfect-jsat-selects-thales-alenia-space-build-new-cutting-edge-software-defined $SESG.PA (SES GLOBAL FDR) has sold their multi-orbit MEO + LEO service to Resorts World Cruises – the LEO part is supplied by Starlink. www.ses.com/press-release/resorts-world-cruises-becomes-first-asian-cruise-line-deploy-integrated-meo-leo In another example of nations seeking a bigger role in space South Korea has launched their own space agency – KASA (Korean AeroSpace Administration) www.science.org/content/article/south-korea-launches-its-own-nasa MDA has joined the Starlab space station joint venture by becoming an equity partner along with Voyager Space, Airbus and Mitsubishi. www.prnewswire.com/news-releases/mda-space-joins-starlab-space-as-strategic-partner-equity-owner-in-commercial-space-station-joint-venture-302157306.html You can see more announcements and discussion on my Twitter / X feed at twitter.com/Space_Horton/with_replies

5 Mentioned

ASTS

AST SpaceMobile Inc

Verizon

QQ.L

QinetiQ Group PLC

BKSY

Blacksky Technology Inc

SESG.PA

SES GLOBAL FDR