SpaceTech Overview in Interactive Charts
3000+ core and verge SpaceTech companies have been classified into fourteen сategories. Space manufacturing and Satellite Communication appear to be the two largest sectors in the Space industry. The Space Observation subsector is also significant by number of companies. There is also a large number of different subsectors fueling the space industry.
*Space Applied Companies are not showed on the graph.
Over the past decades, space has attracted a large number of participants, with New Space and non-space companies entering various industry development chains. Most companies are involved in the Space Manufacturing (43.1% of all core companies or over 1 400 companies are involved in space-hardware production). Then follows Space Communication and Space Observation sectors with 535 (16.0%) and 410 (12.3% of total) respectively.
The US and Canada are the leaders in the number of SpaceTech companies and the amount of investment received.
East Asia and Europe have similar amount of fundings, but Europe has a greater number of companies.
Despite a small share of companies (only 1.4% of number) the Middle East receives more than $3.4B funding, which makes this region fourth by fundings amount.
North America is the leading region by the number of SpaceTech companies, with more than 6600 companies in the sector. It is followed by Europe and Central Asia with 2681 companies and East Asia & Pacific with 1131 companies.
Despite the crisis and dramatic fall in companies’ capitalisation in February 2020, capitalization of 177 publicly traded companies grew from $3,526T at the beginning of 2020 to $4,671T at the Q3 2021. Total capitalisation increase are 32.6%.
The largest companies by market capitalization are Korea Aerospace Industries, Amazon, Hindustan Aeronautics, and IHI Corporation.
SpaceTech companies are similar to other companies in the sector (i.e. the ones that reached series B or C funding rounds), which means that the growth in their market capitalization can be an approximation of the dynamics in the entire sector. Anticipated growth in the industry is expected to affect favorable market capitalisation of SpaceTech corporations.
Our SpaceTech stock index includes more than 350 corporations operating in the space and IT sectors. Their market capitalization demonstrates significant growth, exceeding that of the entire market (represented as the S&P 500 index), as well as the general SpaceTech industry indices (ROKT and ITA). The SpaceTech stock market segment is, therefore, less volatile compared to them (as measured by standard deviation).
Interestingly, the distribution of returns in the SpaceTech stock market segment is right-skewed - a demonstration of the low likelihood of left tail events (sometimes referred to as “black swan events”) happening. Despite the negative skewness, the value is small, which means that the likelihood of the so-called “black swan event” is much lower in comparison to the S&P 500. A negative Curtosis means that the distribution is flatter than a normal curve with the same mean and standard deviation.
Valued at $1.8B, the largest investment deal represents a post-IPO investment in Infrastructure Wireless Italiane.
The second-largest deal, valued at $1.57B, represents private equity investment in T-Mobile.
Valued at $1.1B, the third-largest investment involves Wipro Technologies.
Valued at $1.05B and $1B, investments in Equinix and Alibaba are the 4th and 5th largest investments in the industry.
Estimated at $0.9B, the 6th largest deal is a private equity investment in Genesys.
The 7th largest deal, worth $0.846B, is post IPO equity investment in Zain Group.
Valued at $0.75B, investment in BMC Software is considered to be the 8th largest in the industry.
Valued at $0.75B and $0.65B, deals involving Nutanix and Pivotal are the 9th and 10th largest in the industry.