The Space Investor - 🚀 Space SPACs Get Indexed

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• Russell 3000 additions include: Astra ($ASTR), Momentus ($MNTS), Planet ($PL), Redwire ($RDW), Rocket Lab ($RKLB), Spire ($SPIR) and Terran Orbital ($LLAP).
   
  • Satellogic ($SATL) and Virgin Orbit ($VORB) were announced to be additions on June 3rd but did not end up making the final cut.
     
• Russell Microcap additions include: Astra ($ASTR), BlackSky ($BKSY), Momentus ($MNTS), Redwire ($RDW), Spire ($SPIR) and Terran Orbital ($LLAP).

• Relativity will launch their LEO satellites starting in 2025. This agreement marks the fifth multi-launch customer secured by Relativity totaling $1.2B+ in backlog. The terms of the contract were not disclosed.

• While we cannot cover all the findings of the 50 page document here, the survey suggests that perceptions of space are shaped more by popular culture and less about the role space plays in today’s economy. 
   
  • Findings show 21% of people associate space with ‘aliens’ and 10% with ‘Star Wars’ vs. 8% who do for ‘communications & connectivity’ and 3% for ‘broadcasting & television’.
     
• "The most significant insight from this research is that people across the world are largely unaware of the true value of space: neither its current significance nor the value it holds for future generations."

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