(NEW YORK)–Space may not be the final frontier for investors as retail interest in space and space related satellite companies have increased over the past few months.
As commercial space flights take center stage in coming months the appetite for space and space related technologies has increased. Below are just a few smaller cap space related plays that have investors hoping will provide ‘lift off’ to their stock portfolio.
1) Virgin Galactic Holdings (SPCE)
Since the start of 2020 no stock has been hotter then Virgin Galactic, which plans to begin commercial space flights in what is expected to become the booming future of space flight tourism.
Virgin Galactic Holdings, Inc. is a vertically integrated aerospace company, pioneering human spaceflight for private individuals and researchers, as well as a manufacturer of advanced air and space vehicles. Using its proprietary and reusable technologies and supported by a distinctive, Virgin-branded customer experience, it is developing a spaceflight system designed to offer customers a unique, multi-day, transformative experience. This culminates in a spaceflight that includes views of Earth from space and several minutes of weightlessness that will launch from Spaceport America, New Mexico. Virgin Galactic and The Spaceship Company believe that one of the most exciting and significant opportunities of our time lies in the commercial exploration of space and the development of technology that will change the way we travel across the globe in the future. Together we are opening access to space to change the world for good. https://www.virgingalactic.com/
2) Intelsat (I)
The Federal Communications Commission (FCC) recently approved plan to pay satellite providers as much as $9.7 billion, or which $4.85 billion potentially going to Intelsat. This payout was for purpose of using Intelsat C-Band spectrum to build out the US 5G network. This has resulted in the likes of Hedge fund mogul David Tepper to take a stake in Intelsat on future of 5G in the US.
Intelsat S.A. (NYSE: I) operates the world’s largest and most advanced satellite fleet and connectivity infrastructure. We apply our unparalleled expertise and global scale to connect people, businesses and communities, no matter how difficult the challenge. Intelsat is uniquely positioned to help our customers turn possibilities into reality – transformation happens when businesses, governments and communities use Intelsat’s next-generation global network and managed services to build their connected future. www.Intelsat.com
3) Orbsat (OSAT)
OSAT recently announced news to explore development of Artificial Intelligence (AI) and data related applications utilizing its satellite-based voice, high-speed data, tracking and Internet of Things (IoT) connectivity services. Read more: https://finance.yahoo.com/news/orbsat-corp-ai-venturetech-explore-130000727.html
Orbsat provides services and solutions to fulfill the rapidly growing global demand for satellite-based voice, high-speed data, tracking and IoT connectivity services. Building upon its long-term experience providing government, commercial, military and individual consumers with Mobile Satellite Services, Orbsat is positioned to capitalize on the significant opportunities being created by global investments in new and upgraded satellite networks. Orbsat’s U.S. and European based subsidiaries, Orbital Satcom and Global Telesat Communications, have provided global satellite connectivity solutions to more than 35,000 customers located in over 160 countries across the world. https://orbsat.com/
4) Globalstar (GSAT)
Globalstar is a leading provider of mobile satellite voice and data services. Customers around the world in industries such as government, emergency management, marine, logging, oil & gas and outdoor recreation rely on Globalstar to conduct business smarter and faster, maintain peace of mind and access emergency personnel. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring, M2M and IoT applications. The Company’s products include mobile and fixed satellite telephones, satellite Wi-Fi hotspots, Commercial IoT and Duplex satellite data modems, and tracking devices. https://www.globalstar.com/
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This is NOT a solicitation to Buy or Sell any security, but rather is for informational purposes only. Content contained herein includes facts, views, opinions and recommendations of individuals and organizations deemed of interest. Data Elf (“DataElf”) does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse these views, opinions or recommendations, or give investment advice. In Compliance with SEC Rule 17B DataElf was not compensated for this media alert, but does hold business relationship with Orbsat through its parent company, and thus should be considered a conflict of interest when reviewing this information. DataElf, or any of its affiliates, hold no positions in securities mentioned above. These investments may involve a high degree of risk, thus investors are highly encouraged to consult with a financial adviser before any and all investments.
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