15 Most Valuable Space Companies in the World

In this article, we discuss the 15 most valuable space companies in the world. You can skip our comprehensive analysis of the space industry, and go directly to 5 Most Valuable Space Companies in the World.

Industry Analysis of Space

As if the competition on earth was not enough, the conquest of space has started at full speed in recent years. The modern space race is mainly among the private sector players. According to CNBC, the space industry raised a record $5.8 billion in private investments last year.

Space Angels, a US-based space research company, highlighted the increasing maturity of the space industry in recent years, with 75% more deals than before. The global space economy was valued at around $423.8 billion in 2019 and is expected to grow by more than 50% by 2040.

Global Potential & Growth of the Space Industry

The vision of space exploration and its transformative values for humanity are becoming increasingly shared throughout the entire world. Most powers believe space would provide them with strategic value.

According to the global SpaceTech Ecosystem 2021, 130 government organizations, 150 R&D Hubs, 10,000 companies, and more than 5000 investors are associated with the global space industry. The United States is leading the race by providing maximum investment to the private sector. However, Asia and the Middle East are also gaining momentum as well.

15 Most Valuable Space Companies in the World

Pixabay/Public Domain

Our Methodology

We have selected the 15 most valuable space companies based on their market cap. Globally, the USA is leading the space race. That’s why most aerospace companies are based in the United States. With this context in mind, let’s see the 15 most valuable space companies in the world.

15. LeoLabs (Private)

Total Funding: $100 million

In the aerospace industry, LeoLabs is doing exceptionally well. LeoLabs, Inc. is a leading commercial manufacturer of low Earth Orbit (LEO) providing Space Situational Awareness (SSA) services. LeoLabs, Inc was founded in Menlo Park, California, the United States, in 2016.

LeoLabs’ services include collision prevention, launch and early orbit support, commercial SSA, and risk assessment. Today, the company is facilitating global defense, scientific/academic organizations, and commercial satellite operators.

14. Park Aerospace Corp. (NYSE:PKE)

Park Aerospace Corp, formally Park Electrochemical Corp (NYSE: PKE), is a New York-based materials manufacturer for the aerospace industry, telecommunications, and high-end computing. Park Aerospace Corp (NYSE: PKE) holds 50+ years of global experience in manufacturing advanced composite material, primary & secondary space-related structures, and low-volume tooling for the aerospace market. Park Aerospace Corp (NYSE: PKE) specialties include the production of ablative material for rocket motors and nozzles and customized material for random purposes.

13. Avio S.p.A. (MIL:AVIO.MI)

Avio S.p.A. (AVIO.MI) is an old player in the European aerospace market. Avio S.p.A. (AVIO.MI) was founded in Rome, Italy, in 1984. Avio S.p.A. (AVIO.MI) is engaged in the design, development, and production of systems for space missions in Italy and globally.

50 years of extensive experience puts Avio S.p.A. (AVIO.MI) at the top of the launch platform sector, cryogenic propulsion and tactical propulsion. The company has more than 1,000 highly qualified personnel, and approximately 30% of them are involved in research and development.

Avio is also a prime contractor for the Ariane Programme, financed by the European Space Agency (ESA).

12. Astra Space, Inc. (NASDAQ:ASTR)

Astra Space, Inc (Nasdaq: ASTR) is ranked 12th on our list of the most valuable space companies. Astra Space, Inc (Nasdaq: ASTR) provides versatile space services, including satellite launch services through vertically integrated platforms. Astra Space, Inc (Nasdaq: ASTR) is an expert in payload deliveries to sun-synchronous and low-inclination orbit missions.

Astra Space, Inc (Nasdaq: ASTR) reached space for the first time on December 15, 2020, with its Rocket 3.2, launched from the Pacific Spaceport Complex on Alaska’s Kodiak Island.

11. Virgin Galactic Holdings, Inc. (NYSE:SPCE)

Virgin Galactic Holdings, Inc. (NYSE: SPCE) is another recent success story in the aerospace industry. Virgin Galactic Holdings, Inc. (NYSE: SPCE) was founded in 2017 in Las Cruces, New Mexico. It is the first commercial company that is engaged in developing human spaceflight for private individuals and researchers. Additionally, the company formulates spaceflight vehicles’ design, development, flight testing, and post-flight maintenance.

10. Howmet Aerospace Inc. (NYSE:HWM)

Howmet Aerospace Inc., (NYSE: HWM) (formerly Arconic Inc.) is an American aerospace company headquartered in Pittsburgh, Pennsylvania. Howmet Aerospace Inc., (NYSE: HWM) was founded in 1888. It provides advanced engineering solutions for the aerospace and transportation industries.

Howmet Aerospace Inc., (NYSE: HWM) produces components for the jet engine, aerospace fastening systems, and titanium structural parts for aerospace and defense applications. Currently, Howmet Aerospace Inc., (NYSE: HWM) has nearly 19,700 employees.

9. Thales Alenia Space (Private)

Thales Alenia Space (Thales SA (HO.PA) is a French-Italian aerospace company and one of the largest space equipment producers. It is also the second-largest industrial participant in the International Space Station. Thales Alenia Space also teamed up with Telespazio to form “Space Alenia”, a parent company with revenues of approximately 1.85 billion euros in 2020, with nearly 7700 employees.

8. BAE Systems (LSE:BA.L)

BAE Systems plc (LSE: BA.L) is at number 8 on our list. The British security and aerospace company is based in London, England. BAE Systems plc (LSE: BA.L) is the largest defense contractor in Europe and one of the largest defense contractors in the world. BAE Systems provides satellite communication and astronomy technology solutions and is a global leader in satellite communication antenna design.

BAE Systems plc (LSE: BA.L) still has limited space programs.  A recently completed project is establishing a satellite ground station for the Department of Climate Change and Energy Efficiency.

7. China Spacesat Co., Ltd. (SHA:600118.SS)

China Spacesat Co., Ltd. (SSE: 600118.SS) is a Chinese space company that manufactures aerospace technology applications for Chinese space missions. China Spacesat Co., Ltd. (SSE: 600118.SS) develops micro-satellites including Cast10, Cast 2000, Cast 3000, and Cast 4000. Moreover, personalized space platforms for public and private ventures.

The China Spacesat Co., Ltd. (SSE: 600118.SS) operates under the license of Shenzhen Aerospace Dongfanghong Satellite Ltd. (Shenzhen DFH). The China Spacesat Co., Ltd. (SSE: 600118.SS) is a subsidiary of CASTC (China Aerospace Science and Technology Corporation). China Spacesat Co., Ltd. (SSE: 600118.SS) is headquartered in Beijing, China.

6. TransDigm Group Incorporated (NYSE:TDG)

TransDigm Group Incorporated (NYSE: TDG) is an American space company founded in 1993 in Cleveland, Ohio, USA. TransDigm Group Incorporated (NYSE: TDG) has three core operating segments: Power & Control, Airframes, and Non-Aviation. The power & control segment provides power controls, sensors, switches, and lifting devices. The Airframes segment manufacturers engineered latching and locking systems, engineered connectors, and cockpit security components for space aircraft. The Non-aviation segments provide noise control applications.

Since its formation, TransDigm Group Incorporated (NYSE: TDG) has acquired 86 businesses and employs approximately 7,000 people across 60 manufacturing locations in the United States.


Click to continue reading and see 5 Most Valuable Space Companies in the World.


Suggested articles:

Disclosure: None. 15 Most Valuable Space Companies in the World is originally published on Insider Monkey.