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Space in focus: stock growth amid investor optimism


January, 22 2025
watermark Economic news

On Tuesday, the shares of companies related to the development of space technologies showed significant growth. Analysts attribute this to the optimism that has gripped the industry since Donald Trump took office as president. In their opinion, interest in private space projects has increased significantly against the background of political changes.


Shares of Mynaric, Rocket Lab, Momentus, Intuitive Machines, Planet and Sidus rose by 20% or more. Redwire stood out in particular, with shares rising 51.4% after announcing the acquisition of Edge Autonomy for $1 billion and revenue forecast to reach $605 million in 2025. Viasat also saw a 32.9% increase thanks to NASA's five-year, $4.8 billion contract for the Near Space Network satellite network.


In his speech, Trump casually mentioned space, expressing his desire to send astronauts to Mars. Since the election, the shares of companies in the sector have significantly strengthened, in some cases doubling in three months. Analysts identify three key factors that influenced this growth: the appointment of Jared Isaacman as head of NASA, the activity of private investors in the market, and expectations of large government contracts.


In 2024, Intuitive Machines shares increased by 779%, Redwire – by 715%, AST SpaceMobile — by 648%, Rocket Lab – by 543%.


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