Venture: Space Technology

Venture: Space Technology

The Final Frontier

Just a few years ago, I was asked to review a space fund, and I wrote it off as ridiculous. Virgin Galactic (SPCE) was 10% of the portfolio, valued in the billions, with no sales. The shares dropped 99% but I believe Branson sold at a good price.

Today, the space ETFs hold companies such as Iridium (IRDM), Echostar (SATS) and AST SpaceMobile (ASTS). These are growing businesses at the forefront of communications. You soon realise that while space may or not become a desirable holiday destination, it will certainly become increasingly important for communications. For my internet connection, I am likely to ditch BT for Starlink, and I doubt I am alone.

Venture is issued by ByteTree Asset Management Ltd, an appointed representative of Strata Global which is authorised and regulated by the Financial Conduct Authority. ByteTree Asset Management is a wholly owned subsidiary of CryptoComposite Ltd.


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Investment Director: Charlie Morris. Editors or contributors may have an interest in recommendations. Information and opinions expressed do not necessarily reflect the views of other editors/contributors of CryptoComposite Ltd. ByteTree Asset Management (FRN 933150) is an Appointed Representative of Strata Global Ltd (FRN 563834), which is regulated by the Financial Conduct Authority.


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