What investors need to know about space stocks

Cologne Space has always fascinated. So it’s hardly surprising that there are listed companies today that deal primarily or exclusively with the cosmos. And the companies need a lot of money, which space fans willingly provide.

Examples are the satellite operators Eutelsat and Maxar, the US technology group Garmin, Iridium Communications, an operator of a satellite communication system, Mynaric, a manufacturer of laser communication devices, the technology group OHB, the materials manufacturer Park Aerospace and the space company Rocket Lab.

After an offer from the financial investor Advent of 53 US dollars per Maxar share, Maxar’s share price has just doubled.

But investors should inform themselves well before investing in these stocks. You should be aware that space stocks can go down steeply. Because failures are not uncommon in space travel. One example is Virgin Orbit’s failed attempt to launch satellites from British soil in early January.