Ready for Takeoff: Investing in Space Exploration and Innovation May 24, 2021
Rocket and satellite cost declines are upending what once seemed a monopolistic and bureaucratic industry. Thanks to advancements in deep learning, mobile connectivity, sensors, 3D printing, and robotics, costs that have been ballooning for decades are beginning to decline.
As a result, the number of satellite launches and rocket landings is proliferating. According to ARK’s research, the orbital aerospace revenue opportunity alone – including satellite connectivity and hypersonic flight – will exceed $370 billion annually. Join us for a deep dive into why ARK believes the space industry is primed for takeoff!
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Astra Likely To Be of the Biggest Beneficiaries of Cathie Wood’s ARK Space Exploration ETF (ARKX) as the Orbital Launch Company Plans To Go Public by Merging With the SPAC Holicity (HOL) Feb 19, 2021 09:34 EST
Astra, the company trying to make low Earth orbital missions more affordable, has been garnering quite a lot of attention lately as it gears up to go public by merging with the Special Purpose Acquisition Company (SPAC) Holicity Inc. (NASDAQ:HOL).
The market currently has a healthy appetite for space-based startups such as Astra. As an illustration of this phenomenon, Cathie Wood’s ARK Invest is about to launch a dedicated Space Exploration ETF, dubbed the ARKX. In a recent filing, ARK Invest described the objective of the ETF: