Satellites and Space Communication

Satellites and Space Communication
  • Pininvest Analysis

Satellite communications are being upended by Low-Earth-Orbit (LEO) networks, at altitudes from  1,000 kms  to  2,000 kms (600 to 1,200 miles), a path-breaking alternative to the familiar geostationary satellites

Far in space, at 22,236 miles (35,786 kms) above Earth's equator, geostationary satellites cover the same region continuously by aligning with the Earth's rotation - the satellites are said to be 'geosynchronous'

According to Satellite Signals, there are 534 satellites in geosynchronous orbit as of Jan. 2021 (up from 448 in Dec. 2018), operated for military purposes (surveillance) and civilian communications (telephone, Internet and television)

Cost and latency (shortening signal delay) requirements of a host of new - often still virtual - services have brought LEO networks to the fore

Sensing vast opportunities, deep-pocketed private businesses are committed to these novel networks - carving out a (mostly) civilian space in what used to be exclusive government-controlled domain

In competition with privately financed enterprise (Space X, Blue Origin, Virgin Orbit, TeleSat Canada, OneWeb), publicly listed companies are in the process of adjusting to new realiites - and to high expectations 

Firms with business plans integrating communication services appear to have the upperhand

An encouragement for all the companies in the business of builiding and launching satellites to follow suit ?

Read our note

Satellites and Space Communication • Updated:

Name Ticker Exchange Sector Industry Currency Cur.Price Mkt.Cap Perf. Momentum Vol. Risk Contrib. MDD
 
Aerojet Rocketdyne Holdings AJRD NYSE Industrial Goods Aerospace/Defense - Engineered Systems USD 47.17 3.7 B 30.0% Neutral 40%   3% -30%
CommScope COMM NASDAQ Technology Datacom, Telcom & Network Equipt USD 17.21 3.5 B 56.2% Weak Up 53%   7% -32%
EchoStar SATS NASDAQ Technology Communications & Networking USD 26.14 2.4 B -11.2% Neutral 44%   5% -43%
Eutelsat Communications ETCMY OTC Technology Datacom, Telcom & Network Equipt USD 3.06 - 33.8% Neutral 41%   2% -26%
Holicity HOL NASDAQ Finance Special Purpose Acquisition Cy USD 10.11 379 M -1.1% Sharp Down 64%   4% -53%
Intelsat INTEQ OTC Technology Datacom, Telcom & Network Equipt USD 0.36 50 M 153.8% Sharp Down 152%   16% -85%
Iridium Communications IRDM NASDAQ Technology Communications & Networking USD 38.22 5.1 B 81.5% Weak Down 47%   6% -34%
Loral Space & Communications LORL NASDAQ Technology Information Systems & Network Software USD 39.95 1.2 B 99.8% Neutral 72%   9% -25%
Maxar Technologies MAXR NYSE Industrial Goods Aerospace/Defense - Engineered Systems USD 30.53 1.9 B 194.7% Weak Down 89%   13% -49%
New Providence Acquisition NPA NASDAQ Technology Communications & Networking USD 11.60 334 M 17.0% Sharp Down 54%   5% -49%
SES SGBAF OTC Technology Datacom, Telcom & Network Equipt USD 7.38 - 27.3% Neutral 40%   2% -24%
Stable Road Acquisition Company SRAC NASDAQ Finance Special Purpose Acquisition Cy USD 11.07 245 M 13.5% Neutral 73%   8% -61%
Telenor ASA TELNY OTC Technology Communications & Networking USD 17.66 - 30.9% Neutral 30%   2% -13%
ViaSat VSAT NASDAQ Technology Communications & Networking USD 50.17 3.4 B 27.4% Neutral 50%   6% -36%
Virgin Galactic Holdings SPCE NYSE Industrial Goods Aerospace/Defense - Engineered Systems USD 19.18 4.5 B -3.3% Sharp Down 94%   10% -68%