On March19, 2021, the index underwent its quarterly rebalancing to maintain compliance with the index rules—adjusting the relative contributions of each of the constituent companies. In contrast with early 2020, which saw multiple out-of-cycle changes due to company bankruptcies, there were no changes to the constituents, and the index continued to track 31 companies.
Assessing the multi-year performance of the S-Network Space Index since live calculation began in May 2018, the outperformance in Q1 2021 was insufficient to close the substantial gap the SNET 3000 and SNET Global 2500 opened up in late 2019 and early 2020.
The first quarter of 2021 also marked the one-year anniversary of the COVID-19 market crash, which brought all three indexes to their lowest point on March 23, 2020. The indexes regained value essentially at the same rate until mid-January 2021, when SNET SPACE pulled away from its peers.
In the first quarter of 2021, the S-Network Space Index (SNET SPACE) grew more than twice as much as other benchmark indexes, gaining 12.7% as shown in the index chart. This compares to a 6.3% increase for the S-Network U.S. Equity 3000 Index (SNET 3000), which tracks the 3,000 largest (by market capitalization) U.S. stocks.
The first attempts to reach Mars began more than 60 years ago, when the former Soviet Union launched two probes to Mars. Both failed to reach Earth orbit.
The successful cultivation of plants is a necessary part of every human civilization. Space agencies for decades have recognized multiple advantages associated with growing plants to benefit astronauts on long-duration missions . . .
The U.S. Space Force (USSF) has marked its first anniversary and secured a public affirmation from President Biden’s administration that the nation’s newest military branch will endure, allowing Space Force leadership to confidently move forward with its mission. . .
The global launch pace set in 2020 tied as the highest in decades, but with that came an increase in risk and a shift in the major players. Of the 114 attempts last year, 10 did not succeed—an 8.8% failure rate that is 1.8 times higher than the 40-year average and nearly five times higher than the 2018 failure rate, which also had 114 launches. Two factors that correlate with launch failures area higher number of orbital launch attempts . . .