The first space race may be over, but a new era for the final frontier characterised by commercialisation is fast emerging.

Driven by rocketing demand for satellite constellations, collapsing launch costs, our insatiable thirst for data, and shifting security priorities across the globe – as well as a handful of sci-fi-sounding sectors approaching commercial reality – the space economy has been one of the most closely watched investment themes over recent months.

Scores of pioneering businesses spanning space security, launch infrastructure, satellite technology and data could see tremendous upside as the theme moves towards its full potential – estimated by analysts at $1.8tn by 20351.

We are launching (pun intended) the First Trust Bloomberg Space Economy UCITS ETF (FSPC)**, to offer thematic investors a single-ticket approach to investing in some of the most prominent companies leading space’s industrial revolution.

Join our webinar on 21 July as we host an exciting lineup of space economy experts, including Bloomberg Intelligence Senior Weapons Analyst Wayne Sanders – a retired US Army Military Intelligence Officer and former Chief of Staff to the Under Secretary of Defense for Research and Engineering. Also joining Wayne is Jessica Lin, Thematic Strategist at Bloomberg Intelligence, whose category-defining thematic research applies a precision lens to macro trends and the equity landscape.

Together, we’ll explore how firms like SpaceX generate revenue in the space domain, several other stocks with upside potential including Intuitive Machines and AeroVironment*, why the sector is increasingly tied to defence budgets, and how our latest thematic ETF offers investors access to the theme.

<sup>1. McKinsey & Company, 2024

*References to specific securities should not be construed as a recommendation to buy or sell and should not be assumed profitable.
**The First Trust Bloomberg Space Economy UCITS ETF has not yet launched for investments</sup>