SpaceX, Blue Origin rivalry enriches old-school manufacturers

SpaceX, Blue Origin rivalry enriches old-school manufacturers Main Photo

26 Jan 2024


News

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, midsize 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.

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.

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