In the first half of 2022, the S-Network Space Index (SNET SPACE) underperformed other benchmark indexes, declining 25.6%. This compares to a 21.7% decrease for the S-Network U.S. Equity 3000 Index (SNET 3000), which tracks the 3,000 largest (by market capitalization) U.S. stocks. Similarly, there was a 20.8% decrease for the S-Network Global 2500 Index (SNET Global 2500), which tracks a combination of the 1,000 largest U.S. stocks, 500 largest European stocks, 500 largest Pacific basin stocks (developed), and the 500 largest liquid Emerging Market stocks.
One of the U.S. military’s top experts in space domain awareness has been nominated to become the Pentagon’s second Chief of Space Operations. Lt. Gen. Chance “Salty” Saltzman was nominated Thursday to take the space service’s top job. If his promotion is confirmed by the Senate, Saltzman will have rocketed in three years from wearing a single star to pinning four to his uniform.
After a downshift in announced deal volumes in the first quarter of 2022, volumes in the second quarter remained well below those experienced in 2021. Merger and acquisition interest and activity has been reasonably resilient in the face of macroeconomic volatility, but public capital markets activity has been tepid, bordering on non-existent.
The S-Network Space Index℠ tracks a global portfolio of publicly traded companies that are active in space-related businesses such as . . .
The first six months of 2022 saw a record pace of space launches, matching the mark of 75 set in the first half of 1967. And through June 30, the year saw a record pace for successful launches, topping the mark of 70 set in 1984.
Election year budget wrangling and a tight congressional calendar could delay plans to boost U.S. government spending on civil and military space programs, some experts predict.
The July 21 static test of the Flight Support Booster-2 conducted by NASA and Northrop Grumman in Promontory, Utah, propelled the Artemis Program one step further. While Artemis I is scheduled to launch later this summer, data from the booster test will drive improvements in future missions.
Commercial space activity refers to efforts undertaken by private industry with little or no government investment. Commercial space revenue in 2021 totaled $362 billion.
The global space economy continued to expand in 2021 to reach $469 billion. This record high also had the largest growth rate since 2014, growing 9% from a revised 2020 total of $431 billion.
The James Webb Space Telescope’s first images delivered a look at the universe as it appeared 13.1 billion years ago. Among the results: evidence of water vapor in the atmosphere of a planet 1,000 light years from Earth.