Space ETF Monthly Report: Key Takeaways
- In London, UK, the Annual Global MilSatCom Conference is going to be held Nov 2nd – 4th.
- The Rwanda Space Agency requests two constellations consisting of over 327,000 satellites. [1]
- Announced during the International Astronautical Congress in Dubai, Dmitry Rogozin director of the Russian Space Agency says that SpaceX will be allowed to fly cosmonauts to the ISS. [2]
- The United States Senate held a hearing titled “International Collaboration and Competition in Space.” Speakers included Jim Bridenstine (Former NASA Administrator), Mary Lynne Dittmar, Mike Gold and Dr. Patricia Sanders. [3]
Macro Outlook
Jeff Bezos’ Blue Origin announced they have put together a team of knowledgeable organizations for a project called Orbital Reef. This collaborative project includes efforts from Sierra Space, Redwire Space, Genesis Engineering Solutions, and last but certainly not least, Arizona State University. [4] They will be building a new space station and creating the next ecosystem for commercial expansion with a business park creating unique opportunities. Launch is set for 2025-2030. “Now anyone can establish an address in orbit” - Blue Origin. [5]
Voyager Space Holdings (VSH) also announced a collaborative private space station set for 2027 named Starlab. This team consists of VSH, led by Nanoracks, and Lockheed Martin. This space station is being built for science-research and sparking industrial activity within orbit. [6] Between the new partnerships, whether governmental or public/private, and the mergers and acquisitions throughout the industry, one can already tell what the future of space holds…collaboration. As the proverb goes, “If you want to go fast go alone. If you want to go far go together”.
Space ETF and Index Performance Table (As of 31.10.2021)
|
|
1M
|
3M
|
6M
|
YTD
|
12M
|
SI
|
|
Procure Space UCITS ETF (Acc)
|
-1.12%
|
0.77%
|
NA
|
-0.54%
|
NA
|
-0.54%
|
|
S-Network Procure Space Index
|
-0.82%
|
1.03%
|
1.31%
|
-0.08%
|
46.43%
|
-0.08%
|
Performance before inception is based on back tested data. Back tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. Source: Bloomberg / HANetf. Data as of 31/10/21. Please note that all performance figures are showing net data.
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