Space Techonolgy ETF Key Takeaways | October
Holdings in the News
- Globalstar inks launch deal with SpaceX to continue providing satellite support for Apple connectivity.
- Lockheed Martin unveils its vision for inflatable, non-metallic space habitats.
- Rocket Lab opens new engine facility in California after purchase from Virgin Orbit.
- Eutelsat completes OneWeb merger expanding capabilities and reach.
- Trimble inks partnership with AGCO to expand smart farming initiatives.
Macro Outlook
Space and Geopolitics
As geopolitical tensions pick up around the globe, it is important to revisit the critical role that space plays in military conflicts today and into the future. Fighting a war today without space infrastructure is akin to fighting blindfolded. Satellite companies (manufacturers, launch providers and operators) play a crucial part in surveillance, imagery, and communications. Utilizing satellites for real-time insight and connectivity is a staple technology for defending as well as performing offensive capabilities in the arena of modern warfare. Countries that are unable to generate these solutions internally will be forced to look to partners in geopolitically friendly regions to assist in these endeavours and prevent their own technologies from being captured and/or reverse engineered by adversaries.
While space is currently critical to military capabilities, in the future, space technology may even play an increased role. Cybersecurity in space will continue to be important for maintaining uninterrupted and secure communications. Offensively, space can allow next generation weapons systems to utilize hypersonic weapons, drone swarms and smart munitions. Defensively, space can provide real-time analytics and anti-missile solutions. While conflicts around the world seem far from over, one thing has become clear; the race to dominate space has begun and in order to win this domain, governments from around the world will be forced to ramp up space capabilities/investments.
Sources available upon request. Please remember that when you invest in ETFs, your capital is at risk.
Space ETF Performance Table
As of 30.09.2023
|
|
1M
|
3M
|
6M
|
YTD
|
12M
|
2Y
|
SI
|
|
Procure Space UCITS ETF
|
-9.59%
|
-12.55%
|
-11.99%
|
-13.58%
|
-4.68%
|
-43.95%
|
-43.63%
|
|
S-Network Procure Space Index
|
-9.54%
|
-12.41%
|
-11.69%
|
-13.14%
|
-4.11%
|
-43.12%
|
-42.69%
|
Please note that all performance figures are showing net data. Source: Bloomberg / HANetf. Data as of 30/09/2023
Performance before inception is based on back tested data. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have been. 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. When you invest in ETFs and ETCs your capital is at risk.