Space. The final frontier. Space travel is expected to become a trillion dollar industry by 2040. The darlings of the media’s eyes here are of course the billionaire-led space flight companies such as Branson's Virgin Galactic, Bezos' Blue Origin and Musk's SpaceX (those last two are still private companies, for now). But, eclipsed by these stars, there’s actually a wealth of hard-working, steadily growing engineering, materials and satellite-focused businesses. Even if these stocks aren’t literally going to the moon – at least any time soon – they may provide a much welcomed booster-module for your investment portfolio.
This list is made up of the major and established players in the space industry – companies leading the building, design and operation of rockets and satellites. The companies must have a market capitalization of more than $200m to feature, plus either operate in space, or derive the majority of their revenue from the space industry. We've also left out SPACs and behemothic multi-focused defense and aviation businesses like Boeing and Lockheed Martin.