Israel-Hamas Conflict Shines Light On Critical Role Of Space Sector
Portfolio Pulse from Johnny Rice
The recent Israel-Hamas conflict has highlighted the critical role of space technology in communication, navigation, and national security. Companies like Planet Labs PBC and Globalstar, Inc. have been directly involved in the crisis, providing high-quality imaging and satellite communications respectively. Investors can invest in the space industry through thematic funds like ProcureAM's Space ETF.
October 18, 2023 | 10:43 am
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POSITIVE IMPACT
Globalstar, Inc. has been directly involved in the Israel-Hamas conflict, powering satellite communications.
Globalstar's role in powering satellite communications during the conflict could potentially boost its profile and value in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Planet Labs PBC has been directly involved in the Israel-Hamas conflict, providing high-quality imaging to news organizations and governments.
Planet Labs' involvement in the conflict, providing critical imaging services, could potentially increase its visibility and value in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
ProcureAM's Space ETF is a thematic fund that allows investors to invest in the space industry, including companies directly involved in the current crisis.
The ETF's exposure to companies involved in the conflict could potentially increase its attractiveness to investors interested in the space sector.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70