Blue Origin, SpaceX Competition Boosts Supply Chain Companies’ Bottom Lines Written 24 January 2024
Launch of Blue Origin's NS-22 Mission. | Credit: Blue Origin–©
Bloomberg reports that as private space firms “like Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin step up rocket production and development and more nations race to the moon, mid-size manufacturers that provide their equipment and supplies are reaping the benefits.” Companies including “satellite builder MDA Ltd, heat-transfer manufacturer Graham Corp, and aluminum maker Constellium SE all saw share gains of two-thirds or more in 2023, driven in part by the billions of dollars in private and government funding for space exploration and the creation of large-scale satellite networks.”
Full Story (Bloomberg – Subscription Publication)