SpaceX, Blue Origin Rivalry Enriches Old-School Manufacturers

Jan. 24, 2024, 10:30 AM UTC

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.

Satellite builder MDA Ltd, heat-transfer manufacturer Graham Corp and aluminum maker Constellium SE all saw share gains of two-thirds or more last year, driven in part by the billions of dollars in private and government funding for space exploration and the creation of large-scale satellite networks.

The global space economy, which reached $546 billion in 2022 according to the Space ...

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