Alexyz3d/iStock via Getty Images Morgan Stanley is casting a wider net on the space theme. In a note to clients, analyst Adam Jonas mapped 60 publicly traded names across the supply chain, from rare earths and industrial gases to semis, optics, launch systems and satellite communications. The point is that the space trade is increasingly an industrial ecosystem story beyond just rocket launches an...
Alexyz3d/iStock via Getty Images Morgan Stanley is casting a wider net on the space theme. In a note to clients, analyst Adam Jonas mapped 60 publicly traded names across the supply chain, from rare earths and industrial gases to semis, optics, launch systems and satellite communications. The point is that the space trade is increasingly an industrial ecosystem story beyond just rocket launches and satellite operators. Morgan Stanley framed the list as a way for investors to access the theme through the companies that supply the hardware, materials, components and services that keep the sector running. The Space 60 list is: MP Materials ( MP ) — Rare earths Almonty Industries ( ALM ) — Tungsten Freeport-McMoRan ( FCX ) — Copper, molybdenum, gold, rhenium, silver Alcoa ( AA ) — Aluminum, gallium Teck Resources ( TECK ) — Copper, germanium, indium, cadmium Carpenter Technology ( CRS ) — Specialty metal alloys ATI ( ATI ) — Specialty metal alloys Materion ( MTRN ) — Beryllium alloys, lenses, mirrors Corning ( GLW ) — Glass, lenses, mirrors Hexcel ( HXL ) — Composites Park Aerospace ( PKE ) — Composites, metal assemblies Linde ( LIN ) — Gases: LH2, LOX, LN2, CH4, He, Ar, Kr, Xe Air Products ( APD ) — Gases: LH2, LOX, LN2, CH4, He, Ar, Kr, Xe Air Liquide (AI-FR) — Gases: LH2, LOX, LN2, CH4, He, Ar, Kr, Xe NewMarket ( NEU ) — Hydrazine, ammonium perchlorate Analog Devices ( ADI ) — Rad-hardened semis STMicro ( STM ) — Rad-hardened semis Infineon (IFX-DE) — Rad-hardened semis Microchip Technology ( MCHP ) — Rad-hardened semis Qorvo ( QRVO ) — RF products, semis Mercury Systems ( MRCY ) — RF products, semis TTM Technologies ( TTMI ) — Printed circuit boards Broadcom ( AVGO ) — Networking Coherent ( COHR ) — Laser optics Lumentum ( LITE ) — Laser optics NVIDIA ( NVDA ) — Space-based compute Teledyne ( TDY ) — Imaging, infrared cameras RBC Bearings ( RBC ) — Bearings Parker Hannifin ( PH ) — Valves Ametek ( AME ) — Sensors, tubing, propulsion sub-components Amphenol ( APH ) —...