Investors should consider AST SpaceMobile, Intuitive Machines, Rocket Lab
Several space-related companies are gaining attention from investors, particularly AST SpaceMobile, Intuitive Machines, and Rocket Lab USA. These companies have shown resilience despite challenges in the market. AST SpaceMobile focuses on low earth orbit satellites, enabling cellular connections for telecom companies like AT&T and Verizon. They launched their first commercial satellites last year and plan to expand their fleet significantly by 2026. Analysts predict the company’s revenue could grow from $4 million in 2024 to $1.8 billion in 2027. While still seen as a speculative investment, it has potential for high returns if it continues on its planned trajectory. Intuitive Machines creates lunar landing vehicles for NASA. They recently achieved a significant milestone with their first successful moon landing, although their second mission faced challenges when the lander tipped over. Despite this setback, the company has new projects in development and expects its revenue to rise from $80 million in 2023 to $433 million by 2026. Given its enterprise value, analysts consider it an attractive investment opportunity. Rocket Lab USA is known for its reusable rockets and has been successful in launching payloads into space. The company plans to introduce a new rocket model soon that can carry heavier loads. With a solid client base, including NASA, Rocket Lab’s revenue is anticipated to climb from $436 million in 2024 to $1.25 billion in 2027. Though the company's current valuation may seem high, it is expected to grow into its worth, offering long-term gains for investors. All three companies are seen as strong candidates for long-term investments in the growing space sector.