The Space Foundation Index is a modified market capitalization weighted index of representative space companies listed on U.S. market exchanges. Companies were selected based upon an evaluation of several criteria, including percentage of revenues attributable to space-related products and services, market capitalization, trading volume,and which U.S. exchange the securities or ADRs were listed on.
Consideration was also given to providing diverse representation across various space-related markets. Space revenues include launch vehicle, satellite, and related ground segment manufacturing of components and systems; satellite communication services and capacity leasing; space-related positioning and remote sensing data and services and related equipment (including GPS chipsets); and space-related software, operations, and support services.
Space revenue estimates were based upon a review of multiple sources, including Space News' Top 50 lists, company Web sites, SEC filings, as well as internal experience.
The index was prepared by ISDR Consulting, LLC on behalf of the Space Foundation. It was initiated with a level of 100 as of June 30, 2005. Changes in the index value were driven by changes in the market capitalization of the component companies (price multiplied by number of shares outstanding of each company). The contributions of certain component companies' market capitalization to the index were discounted to adjust for lower percentage of revenues attributable to space-related products and services. The level of the index was not directly altered by stock splits, stock dividends, or trading halts, nor was it affected by new listings, additional issuances, delistings, or suspensions.
This document is provided for informational purposes only and does not constitute an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any transaction or strategy. The data used to calculate the index values are based upon information generally available to the public from sources which ISDR Consulting, LLC and the Space Foundation believe to be reliable and accurate. Neither the Space Foundation nor ISDR Consulting, LLC makes any guarantee or warranty as to the accuracy or completeness of the data set forth and it should not be relied upon as such. The Space Foundation may have as corporate sponsors some of the companies mentioned herein.
The Space Foundation Index may be freely reproduced, distributed, or used in any publication provided that proper attribution is made to the Space Foundation and ISDR Consulting, LLC. If you have any questions, comments, or suggestions please contact Kevin Leclaire at ISDR Consulting, LLC: kleclaire@isdrconsulting.com or Marty Hauser at the Space Foundation: marty@spacefoundation.org.
INFRASTRUCTURE COMPANIES
Space Segment Sub-System Manufacturers & System Integrators
- Boeing Co.
- Lockheed Martin Corp.
- Raytheon Co.
- Northrop Grumman Corp.
- Harris Corp.
- ATK
- Orbital Sciences Corp.
- Loral Space & Communications, Inc.
- GenCorp, Inc.
Ground Segment & Satellite Component Manufacturers
- Garmin Ltd.
- Trimble Navigation Ltd.
- SiRF Technology Holdings, Inc.
- Hughes Communications, Inc.
- ViaSat, Inc.
- Comtech Telecommunications Corp.
- Gilat Satellite Networks Ltd.
- EMS Technologies, Inc.
- Globecomm Systems, Inc.
- Integral Systems, Inc.
SATELLITE SERVICES COMPANIES
Consumer/Retail Services
- DirecTV Group, Inc.
- British Sky Broadcasting Group PLC
- EchoStar Communications Corp.
- Sirius Satellite Radio, Inc.
- XM Satellite Radio Holdings, Inc.
- LodgeNet Entertainment Corp.
Enterprise/Government Services
