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Tenbagger2024
@Tenbagger2024
2Wk·

The space share for the weekend

Hello my dears,

I was so pleased that my last space share caused such a great discussion.

Naturally, I continued my search in this exciting sector.


And I found a Japanese champion.


It is important for me to start by pointing out the opportunities and risks:

  • We are in the more speculative area here


  • Opportunities due to low competition in an emerging market worth billions


  • At the same time, the share remains volatile, as the business model is capital-intensive and sales will only scale with increasing commercialization.


  • Triple-digit sales growth


  • With triple-digit growth in net income, the company will be profitable in 2028


  • Not yet profitable at present


  • Trading volume currently low, which is typical for smaller Japanese growth stocks in foreign trade


  • Net debt is rising dramatically (as is the case for almost all companies in the sector)


  • CAPEX almost doubles


  • Free cash flow is negative


  • 2028 P/E ratio is around 204x


  • EBIT margin negative / 2028 positive in the single-digit range



Even if here @Raketentoni will write:

" This is the ride on the cannonball "


I don't see everything so negatively here, and can also see great opportunities. The stock market plays the future, and I see it very well here.


Ladies and gentlemen, how do you see the future and the company here?


I look forward to your comments after reading my company presentation on Astroscale $186A (+2.7%) .


Commercial operators

Our daily lives depend on the continuous functioning of satellites that provide a variety of services, including global communications, navigation and detailed imagery of the Earth. However, commercial operators providing these services in all orbits via their high-value assets face various challenges, such as fuel consumption, collision hazards from expired satellites and other debris, failures of key subsystems or delayed replacements.


Civilian government

The global space arms race is accelerating more than ever, and nations are working together internationally to promote growth and solve national and international challenges through cutting-edge technologies.


National Security

As nations seek to monitor threats and deter adversaries in space, defense sectors worldwide are increasingly recognizing the value of in-orbit maintenance and RPO to secure satellite operations.


Astroscale Holdings Inc. is a Japan-based company engaged in the research and development of technologies related to on-orbit services such as debris removal and in-space demonstrations. The company offers four services, including EOL (End-of-Life) service, ADR (Active Debris Removal) service, LEX (Life Extension) service and ISSA (In-Situ Space Situational Awareness) service. The EOL service is a removal service that prevents satellites that have ceased operations from becoming debris. The ADR service is a service to remove existing debris by launching a service company of the Group, which captures the existing debris, descends into its orbit and burns it in the atmosphere. The LEX service is a service to extend the operational life of a satellite or to transfer it to another orbit. The ISSA service launches observation satellites, safely approaches objects at close range and collects data about the target object that can be used to analyze the cause of the failure and understand the target object.


Customers

  • United States Space Force
  • CNES
  • JAXA
  • ESA
  • Eutelsat Oneweb
  • British Space Agency


GOALS ~2027: Become a trusted partner for defense agencies and governments. 2030: Make on-orbit servicing (OOS) routine. 2035: Enable a circular space economy for prosperous space development.

attachment



ADRAS-J selected for the Minister of Defense Award

February 3, 2026

ADRAS-J Selected for the Minister of Defense Award


Astroscale Japan selected for JAXA's Space Strategy Fund program

Published on January 29, 2026

Development of electric propellant refueling technology for Geostationary Orbit Services


Tokyo, Japan, January 29, 2026 - Astroscale Japan Inc ("Astroscale Japan"), a subsidiary of Astroscale Holdings Inc, the leader in satellite services and long-term orbital sustainability across all orbits, has been selected as an implementing organization for the Japan Aerospace Exploration Agency's Space Strategy Fund Program. Under the theme of "Technology to realize flexible spatial mobility", Astroscale Japan will promote the development of electric propellant refueling technology to support future services in geostationary orbit.

Astroscale Japan Selected for JAXA’s Space Strategy Fund Program


Exotrail and Astroscale France join forces to build deorbit capability for LEO

from January 28, 2026

The partnership is designed as a multi-year collaboration. "This framework with Astroscale is much broader than just a one-off opportunity," said Maria. "The idea is to find a partner not only for this mission, but also to build a real commercial capability. What we want to show the market is that now is the right time to partner."

Exotrail und Astroscale Frankreich schließen sich zusammen, um eine Deorbit-Fähigkeit für LEO aufzubauen – SpaceNews


Astroscale UK has been awarded an ESA contract to develop a world-first in-orbit modernization and refurbishment service

Published on January 13, 2026

Harwell, Oxfordshire, January 13th, 2026 - Astroscale Limited ("Astroscale UK"), a subsidiary of Astroscale Holdings Inc, the world's leading in-orbit service provider, has been awarded a EUR 399,000 (approximately £350,000) Phase A contract by the European Space Agency (ESA) to lead the In-Orbit Refurbishment and Upgrading Service (IRUS), a pioneering mission concept that will enable satellites to be refurbished, repaired and extended while in orbit. This initiative supports the Space Safety Programme ESA and underlines Europe's commitment to reducing orbital risks and ensuring safe operations for future generations.

With the participation of the spacecraft manufacturer and operator BAE Systems as a future in-orbit service customer, IRUS represents a significant step towards a circular space economy where satellites are serviced, repaired and upgraded in orbit rather than being treated as a single-use asset. The development of this new capability will pave the way for more complex In-Orbit Servicing, Assembly and Manufacturing (ISAM) opportunities - as refurbishment and upgrades are essential prerequisites for the assembly and manufacturing of platforms in space.

Astroscale UK Awarded ESA Contract to Develop World-First In-Orbit Refurbishment and Upgrading Service


Astroscale expects further satellite orders from the UK and Japan

Sep 16, 2025

The Tokyo-based company forecasts that defense-related revenue from the UK, US and Japan will grow this fiscal year, as well as government missions with the UK, Japan and the European Space Agency.

Astroscale achieved record quarterly revenues in the first quarter, with defense contracts accounting for 30% of total volume. The largest deals include a $41 million APS-R refueling mission with the US Space Force and a YEN 6.6 billion ($44.6 million) project with the Japanese Ministry of Defense, Matsuyama said.

Astroscale erwartet weitere Satellitenaufträge aus Großbritannien und Japan – The Japan Times


Honda Motor Co, Ltd: Honda entwickelt gemeinsam mit Astroscale das Betankungs-Port Connecting System für das Betanken von Satelliten im Orbit

30.05.2025

TOKYO, May 30, 2025 - (JCN Newswire) - Honda R&D Co, Ltd. ("Honda"), a research and development subsidiary of Honda Motor Co, Ltd, will jointly develop a new spacecraft with Astroscale Japan Inc ("Astroscale"), a subsidiary of Astroscale Holdings Inc


to develop a refueling port connection system designed for in-orbit refueling of satellites. Honda will apply its mechatronics technologies accumulated through ongoing robotics research to jointly develop the connection system, with the aim of integrating it. with Astroscale RPOD (Rendezvous, Proximity Operations and Docking) technology so that it can be used in the technology demonstration of satellite refueling in low Earth orbit, Astroscale plans around 2029.


140120251212518983.pdf

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Business Update (October 2025)

20251001154909095s.pdf


Geographical sales distribution 2025:

UK JPY 1.52 billion

Japan JPY 898 million

U.S.A. JPY 26.7 million

France JPY 8.17 million


JPY in millions

Estimates

Year Turnover Change

2025 2.457 -13,85 %

2026 6.653 170,78 %

2027 13.026 95,8 %

2028 33.393 156,35 %

Year EBIT Change

2025 -18.755 -62,31 %

2026 -8.861 53,71 %

2027 -4.399 49,33 %

2028 1.500 134,1 %

Year Net result Change

2025 -21.552 -134,74 %

2026 -8.410 60,98 %

2027 -5.028 40,22 %

2028 700 113,92 %

Year Net debt CAPEX

2025 -12.775 696,8

2026 4.241 619

2027 21.479 1.040

2028 28.359 1.040

Year Free cash flow Change

2025 -13.295 4,98 %

2026 -8.786 33,91 %

Year EBIT margin ROE

2025 -763,34 % -373,9 %

2026 -130,49 % -118,36 %

2027 -33,6 % -74,85 %

2028 4,49 % -35,22 %

Year Earnings per share Change

2025 -188,9 -86,21 %

2026 -62,15 67,1 %

2027 -37,08 40,35 %

2028 5,15 113,89 %

Year P/E ratio PEG

2025 -4.09x -0x

2026 -16.9x 0.3x

2027 -28.3x 0.7x

2028 204x -2x

Market value 142,466

Number of shares (in thousands) 1,050.00

Date of publication 13.06.2025

attachment

Astroscale is since June 5, 2024 listed on the stock exchange.

attachment

PS. I have already seen an inquiry from you in the forum about @matsaz .


@Multibagger
@PikaPika0105
@Dividendenopi
@Klein-Anleger
@Get_Rich_or_Die_Tryin
@NichtRelevant All others

(Investments are not suitable for everyone, and mountains of risks)

$186A (+2.7%)

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57 Comments
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Darkwing Donkey@DonkeyInvestor
2Wk
The rocket for the weekend. I wonder if the title is such a good choice 😬
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Tenbagger2024@Tenbagger2024
2Wk
@DonkeyInvestor What would be your suggestion?
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ShrimpTheGimp🦐@ShrimpTheGimp
2Wk
@DonkeyInvestor referred to the war in Iran 😉
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Tenbagger2024@Tenbagger2024
2Wk
@ShrimpTheGimp ah sorry, you're right, very clumsy of me. I hadn't even thought about it thanks 😘. Hope there is peace again soon
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ShrimpTheGimp🦐@ShrimpTheGimp
2Wk
@Tenbagger2024 You don't have to apologize :) You had a different intention. Everything is in order. ❤️
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NichtRelevant@NichtRelevant
2Wk
At @Raketentoni, the picture would probably be more of a ride on the tip of a rocket than a cannonball. 😏
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NichtRelevant@NichtRelevant
2Wk
I find it interesting how many companies are now (again?) involved in space. Normally, however, the technology sector tends to be the exception for me - unless there are dividends. 😍
I wish the space investors lots of fun and success with their investments.
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Chris@Multibagger
2Wk
Exciting value. Almost 60% plus YTD!
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PikaPika0105@PikaPika0105
2Wk
Very cool company. I've heard a lot about them in connection with the removal of space debris. This will become an immensely important topic, as the amount of debris in orbit is constantly increasing and this debris can destroy constellations weighing billions. The establishment of such solutions is therefore systemically relevant.
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Tenbagger2024@Tenbagger2024
2Wk
@PikaPika0105 as they now also work for almost all major space organizations. I also see a moat emerging here. And I think it's a good alternative to the satellite operators. The order situation also seems to be very good and I see it growing strongly over the years. I don't think you should overestimate a P/E ratio of 200 and the share should quickly grow into the valuation. The company was probably founded as a start-up. I think the multiples should be valued quite differently here
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PikaPika0105@PikaPika0105
2Wk
@Tenbagger2024 I found a P/E ratio of less than 20 for 2030? 24 in 2029.
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Tenbagger2024@Tenbagger2024
2Wk
@PikaPika0105 I saw on another platform. I think with a continuous increase in margins, the P/E ratio should also fall quickly
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PikaPika0105@PikaPika0105
2Wk
@Tenbagger2024 Bear Case for 2035 is 10x I would say. Bull case 30-35x
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Raketentoni@Raketentoni
2Wk
Hey, the ride on the cannonball referred to a different company. But hey, you shouldn't forget, I have different criteria than you, but I can post here what comes out of my score :)
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Tenbagger2024@Tenbagger2024
2Wk
@Raketentoni Yes, of course. That's why I already know what your Mr. Prompt will say about it
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Raketentoni@Raketentoni
2Wk
@Tenbagger2024 @Multibagger @NichtRelevant He wanted it:

Since your friend is not looking for dividends here, but for growth, we are adjusting our perspective somewhat. We are not looking for "cash flow security" here, but for scalability and proof of concept.

But: Growth stocks also have to face "institutional hardship". Dreams don't pay the bills.

Here is the unvarnished analysis of Astroscale.

📑 Institutional Equity Research: Astroscale Holdings
Company: Astroscale Holdings Inc.
Ticker: 186A (Tokyo Stock Exchange) / ISIN: JP3119820003
Sector: Space Industry / On-Orbit Servicing (Space Debris Removal)
Status: High-Growth / Deep-Tech / Pre-Profit

1️⃣ Business Model & Strategy (The "Space Garbage Man")
Model: Astroscale wants to become the global market leader for on-orbit servicing. This means removing space debris (Active Debris Removal), refueling satellites and extending their service life.

Moat: Technologically high. Docking with tumbling objects in space is extremely difficult (the ADRAS-J mission was a technical milestone).

Regulatory tailwind: This is the real driver. Governments (USA, EU, Japan) and authorities (FCC) are beginning to tighten rules against space debris. "If you break or leave something up there, you have to pay."

Problem: The market only exists commercially in theory. Currently, almost only government agencies (JAXA, UKSA) pay for test missions. There are hardly any commercial repeat customers.

2️⃣ & 3️⃣ Dividends & cash returns
Dividend: 0 JPY.

Outlook: In the next 5-10 years, zero payout is to be expected here. Every yen flows into R&D and satellite construction.

4️⃣ Free Cash Flow (The "Cash-Incinerator")
Status: Massively negative.

Burn rate: Astroscale burns high double-digit millions per year on missions such as ELSA-M.

Capex intensity: Extremely high. Before the first dollar is earned, an expensive satellite has to be launched into space.

Verdict: The company lives from hand to mouth (investor money). It does not generate cash flow, it consumes it.

5️⃣ Capital structure & runway (question of survival)
Initial public offering (IPO): Successful in mid-2024 in Tokyo. This raised fresh money.

Risk: Dilution. As they do not yet have a positive cash flow, they will probably have to issue new shares in the next 12-24 months to finance the next missions. This depresses the share price for existing shareholders.

Balance sheet: Solid cash position after the IPO, but the clock is ticking ("cash burn runway").

6️⃣ Profitability & growth (your score adjusted)
This is where reality collides with your filter:

Revenue Growth: Very high (> 50-100% YoY). Revenues jump as milestone payments from JAXA/governments flow in.

Operating Margin: Deep red (approx. -50% to -100%). The costs for personnel and launch eat up the revenue completely.

Your score: Negative. (High growth + massive losses = incalculable).

Interpretation for your friend: With growth stocks you often ignore the margin in the short term, but you have to see a path to "unit economics". Can a garbage collection satellite be profitable? That is still unproven.

7️⃣ Valuation (The bet)
P/E ratio: non-existent (loss).

Price/Sales (KUV): Often trades at 10 to 20 times sales.

Comparison: More expensive than established defense companies, comparable to other "new space" players such as Rocket Lab (although Rocket Lab is already further along and has diversified sales).

Valuation basis: Pure fantasy on the TAM (Total Addressable Market) of 2030+.

🔟 Scenario analysis
Bull Case (The Elon Moment): The UN or major nations mandate all satellite operators (Starlink, Amazon Kuiper) by law to collect trash. Astroscale becomes the standard service provider ("garbage collection of the orbit"). Price increases tenfold.

Base case: continued government contracts, slow commercialization. Share price fluctuates wildly depending on mission success. Repeated capital increases necessary.

Bear case (total loss): A mission fails (collision in space). The image is ruined, customers jump ship. Or: A competitor (e.g. ClearSpace or start-ups from China/USA) makes it cheaper. The money runs out.

1️⃣1️⃣ Investment-Conclusion (The unvarnished truth)
Status for the friend:
⚠️ SPECULATIVE BUY / HOLD (Venture Capital Style)

This is not an "investment", this is a "mission": He is not buying a company with profits, he is financing a technology hope.

Volatility: He must expect the share price to rise +20% one day (new order) and -15% the next (technical problem).

Currency risk: The share is quoted in yen (JPY). If the yen falls, he loses even if the share rises.

Honest advice to friend:
"Do you think space tech is awesome and want to be part of the story? Okay, then buy a small position ("ticket to the show"). But be aware: The risk of a total loss is real. Astroscale is the technical leader, but is still struggling to survive financially.

Comparison: It's like Amazon in 1997 - but with rockets instead of books and no guarantee that it will work."

According to your strict set of rules (Exclusion Rule "Story > Numbers"):
⛔ STRICT SELL.
(Because here the story is everything and the numbers are horrible).
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Tenbagger2024@Tenbagger2024
2Wk
@Raketentoni mega and thank you. I really like Mr. Prompt's analysis. We could slowly become friends
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Chris@Multibagger
2Wk
@Raketentoni I hate to admit it. But in this case, after a brief examination of the facts, I actually agree with your AI that this is not an investment case for me at the moment. Even if I apply different standards
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NichtRelevant@NichtRelevant
2Wk
@Raketentoni That is actually quite risky. But there are actually some people in the forum who are happy to make these bets.
In any case, I'm glad to have the ideas from @Tenbagger2024, as I've never heard of many of 'his' companies before.
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Raketentoni@Raketentoni
2Wk
@NichtRelevant Oh all good, @Tenbagger2024 and I, that's so nice, he posts a share and I destroy his dreams :) No, joking aside, that's exactly the point, everyone has their own strategy and I'm not so much into stories as cash flow
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Tenbagger2024@Tenbagger2024
2Wk
@NichtRelevant I am also pleased that the risks are mentioned here immediately. And that new investors and the inexperienced don't immediately run into an open knife. Perhaps I should change the title again. What do you think
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Tenbagger2024@Tenbagger2024
2Wk
@Raketentoni I will find a share that Mr. Prompt loves. What does he say to $WWD?
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Raketentoni@Raketentoni
2Wk
@Tenbagger2024 I love my Promt's choice of words, he should always be honest :) But read for yourself, I think you will become friends:

Tell your friend: True friends protect each other from stupid things 😉.

But he's lucky! After I crushed his space dreams and penny stock hopes, he's finally coming around the corner with a real quality company. Woodward is the first stock today where I'm not shouting "hands off" but nodding appreciatively. But it's not cheap.

Here is the analysis for the "professional friend".

📑 Institutional Equity Research: Woodward Inc.
Company: Woodward, Inc.
Ticker: WWD (NASDAQ)
Sector: Aerospace & Industrial (Energy Control Systems)
Current price: ~180-190 USD (estimated/volatile in 2026)

1️⃣ Business model & stability (the "hidden champion")
Model: Woodward builds the "nervous systems" for aircraft engines and industrial turbines. Without its control systems (fuel nozzles, actuators), no airplane flies and no gas-fired power plant runs efficiently.

Moat: Extremely wide. These parts are safety-critical. An engine manufacturer (GE, Pratt & Whitney) does not change suppliers for fuel nozzles just to save 5 cents. The certification hurdles are gigantic.

Sales mix:

OEM (original equipment): Cyclical (depends on Boeing/Airbus production rates).

Aftermarket (maintenance/spare parts): The cash cow! Aircraft fly for 30 years, Woodward cashes in on spare parts with dream margins for 30 years.

Verdict: High quality compounder. Very stable, as the aftermarket cushions crises.

2️⃣ Dividend quality (Mickey, but safe)
Dividend yield: Very low (~0.5 % - 0.7 %).

This is not an income investment. You don't buy WWD for the cash flow today.

Payout Ratio:

Is usually a conservative 15-20%.

Management prefers to keep the money to buy back shares or take over companies.

Verdict: As safe as Fort Knox, but so low that it is hardly noticeable in the account.

3️⃣ Dividend growth
Growth: Woodward increases its dividend almost every year, often by double digits.

Problem: Because the base yield is so low (0.5%), it takes forever to achieve a relevant "yield on cost".

4️⃣ Free cash flow analysis
FCF conversion: Woodward is known for generating more cash than net profit (conversion > 100%). This is a first-class quality feature.

Use: The FCF flows into R&D (research) and share buybacks.

Verdict: A real cash machine, even if it doesn't pay out dividends.

5️⃣ Capital structure & security
Debt: Very moderate (net debt/EBITDA often < 1.5x).

Risk: The balance sheet is clean. The operational risk lies with the customers (see point 11).

6️⃣ Profitability & return on capital (your core quality score)
Finally green numbers for your formula:

Revenue Growth: Historically solid 10-15% (driven by aerospace recovery & energy transition).

Operating Margin: Strong ~16-18% (rising towards 20%).

Your score: 12 + 17 = 29

Rule check:

25 = Very Good

Verdict: Excellent quality. The substance is right here. This is no "story stock", this is an industrial powerhouse.

7️⃣ Valuation (the catch)
P/E ratio (P/E): The share often trades at a P/E ratio of 25x to 30x.

Interpretation: Quality has its price. Woodward is almost never "cheap". You pay a premium for the monopoly-like position in niche markets.

PEG ratio: Often > 1.5 (slightly overvalued relative to growth).

1️⃣1️⃣ Risk assessment (the "Boeing problem")
Cluster risk: Woodward is heavily dependent on Boeing's production rates (737 MAX, 777X). If Boeing has problems (which unfortunately is almost a permanent condition), this slows down Woodward in the OEM sector.

However, since the existing aircraft still fly, Woodward continues to earn money from the aftermarket (spare parts). This protects them better than pure suppliers like Spirit AeroSystems.

1️⃣2️⃣ Investment-Conclusion
Status for your friend:
✅ BUY (Quality Growth) / HOLD

Finally I can say something nice to him:

Quality: Woodward is Champions League. The business model is brilliant (razor-and-blade model with spare parts).

Strategy: It's a compounder. The stock is rising in the long term because earnings per share are rising, not because some "AI story" is being hyped.

The catch: it's expensive.

My honest advice to the friend:
"Welcome to the club of serious investors! Woodward is a top share.

If you have it: Keep it forever. It's a stock you can pass on to your grandchildren.

If you want to buy it: Wait for a setback (e.g. if bad news comes from Boeing again). At a P/E ratio > 30, the air is thin. But in terms of quality: first class."

According to your set of rules (Exclusion Rules):
✅ PASSED.
(Sales are growing, margin is top, cash flow is there. Only the dividend yield is too low for you, but perfect for him as a growth investor).
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Tenbagger2024@Tenbagger2024
2Wk
@Raketentoni I already know what Mr. Prompt likes. 😘
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View all 4 further answers
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PikaPika0105@PikaPika0105
2Wk
They're even available from Trade Republic 😱 I'll do some research there too....
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Tenbagger2024@Tenbagger2024
2Wk
@PikaPika0105 please keep me informed. Maybe I'll go in with a mini position
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PikaPika0105@PikaPika0105
2Wk
@Tenbagger2024 I don't take mini positions. If I believe in it, then I invest sufficiently.
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Tenbagger2024@Tenbagger2024
2Wk
@PikaPika0105 first tranche
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Max@Divident_e
2Wk
My dear. And launch
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Dividendenopi👴@Dividendenopi
2Wk
Thanks for the introduction and your telepathic powers. I read my weekend print edition of Handelsblatt this morning over coffee and one of the topics is the space race. Besides Musk, it was also about shares, space shares in comparison. And in addition to the well-known Rocketlab, Planet Labs, OHB and Firefly, I noticed two unknown stocks that don't have a sell rating. In addition to $MDA also $186A. I had thought of you and wanted to recommend it to you during the course of the day, but you were quicker with your mind 😎👍😂
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Tenbagger2024@Tenbagger2024
2Wk
@Dividendenopi Although, unlike you, I don't enjoy the luxury of subscribing to the Handelsblatt. And what is your assessment?
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Tenbagger2024@Tenbagger2024
2Wk
@Dividendenopi I even have MDA Space on my watch, but it doesn't seem to be tradable everywhere
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Dividendenopi👴@Dividendenopi
2Wk
@Tenbagger2024 Absolutely exciting topic. Highly speculative in my eyes, with the great danger that they will run out of money faster than you would like. I haven't looked any further into the technology of collecting or docking for refueling or repairs. However, I can imagine that the "big players" will follow this very closely or are already working on similar solutions themselves. And then they will quickly need someone to "dock" them or they will be stock market junk. In the best case scenario, they will be taken over, but until that happens, it could lead to a bloody stock market journey for investors
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Dividendenopi👴@Dividendenopi
2Wk
@Tenbagger2024 MDA actually only in Toronto and Nasdaq OTC
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Tenbagger2024@Tenbagger2024
2Wk
@Dividendenopi I could imagine them being bought before they run out of money. Otherwise, I think the state also has an interest in their survival. Almost systemically relevant. Because nobody can be interested in a crash in space
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Dividendenopi👴@Dividendenopi
2Wk
@Tenbagger2024 and on the subject of the Handelsblatt and luxury, I don't have Netflix or anything, my smartphone is prepaid with an Aldi-Talk annual package, I cook for myself - my burgers and Italian food are legendary, as the rare guests tell me - and I don't have to pay for the gym. Today I spent the whole afternoon dismantling a tractor trailer full of tree trunks, which my neighbor kindly tipped out for me, into splittable pieces with my forest moped 😅 I can definitely treat myself to a Handelsblatt subscription 😁😁
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Tenbagger2024@Tenbagger2024
2Wk
@Dividendenopi That's why I haven't reported on it yet. But I could take another look at AVIO, which is also very exciting in terms of space activities. $AVIO
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Tenbagger2024@Tenbagger2024
2Wk
@Dividendenopi In summer, part of the community comes to barbecue in the garden
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Dividendenopi👴@Dividendenopi
2Wk
@Tenbagger2024 that's just what I need 😂😂. Although there is enough space.
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Klein-Anleger@Klein-Anleger
2Wk
@Dividendenopi would be ✌️😛
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Klein-Anleger@Klein-Anleger
2Wk
industry is very interesting! Thank you very much for your introduction!

Once again, I haven't actually heard anything from this entrepreneur. I think that the problem with space junk etc. will become much bigger in the future. However, I don't know whether I would really take this share as a play in the sector. I'd rather be with Rocket Lab because they are more broadly positioned and probably have more capacity to survive in the long term...
LG Small investor 😊
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PikaPika0105@PikaPika0105
1Wk
@Klein-Anleger well, they are the only company in the world that has ever managed to capture a moving object in orbit. Their approach technology is number 1, and it's not just about space debris. It's also about extending the life of satellites that cost hundreds of millions of euros through repairs and refueling. The defense applications are also diverse, as they can not only repair critical satellites in orbit, but also protect them. So you have to look at the bigger picture. It's more about how they will use their technological expertise in the future and I think they will try to become a kind of space logistics company. It's so much more than space junk. The valuation is also low compared to Rocket Lab and co.
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Tenbagger2024@Tenbagger2024
1Wk
@PikaPika0105 I can already see a bit of a moat. There are a few satellite operators. But I only know a few in the service sector. And you can see that from the fact that they are active here for some nation
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PikaPika0105@PikaPika0105
1Wk
@Tenbagger2024 ESA, US Space Force, JAXA, UK Space Agency...... there are only a few competitors and they are all pursuing different approaches (e.g. gripper arms or tentacles). In addition, they have so far only been able to reach stationary objects. The real moat lies in the approach technology, i.e. precise navigation in orbit. Government support also helps. Even if they fail in all markets except Japan, this market alone will be big enough in the 2030s to offer massive upside potential. But I think isolation is unlikely given the global interdependence that already exists.
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Tenbagger2024@Tenbagger2024
1Wk
@PikaPika0105 I could imagine that you now have the kind of expertise that makes it difficult for competitors to gain a foothold here. It's not like we're just opening a kebab store. Have you done some research into how deep the moat is here? I'm annoyed that I didn't go to $5726.
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PikaPika0105@PikaPika0105
1Wk
I got in with a first tranche. The timing was certainly not ideal, but we are taking a long-term view. I have also set up a savings plan. I think it is very promising.
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Tenbagger2024@Tenbagger2024
1Wk
@PikaPika0105 I don't think it's a bad buy. And as others write here, they're running out of money, etc. I don't think so. The state will keep its hand over it
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PikaPika0105@PikaPika0105
1Wk
@Tenbagger2024 Who wrote that? The chance of them going bankrupt is 0%. The backlog is well filled with 280 million and they have just received the "Defense Minister's Award" in Japan, they will manage. In such a strategic sector, the Japanese don't just let something go bankrupt, not like in Germany, because there is actually an economic strategy there.
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Tenbagger2024@Tenbagger2024
1Wk
@PikaPika0105 yes, I think you need to take a look at the comments
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PikaPika0105@PikaPika0105
1Wk
@Tenbagger2024 yes ok, I had a look, but I didn't find any of them to be serious. If you focus on dividend stocks yourself and the risk profile is virtually non-existent, then I don't think you can make much of a meaningful contribution to companies like Astroscale.
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Raketentoni@Raketentoni
1Wk
@PikaPika0105 Well, whether it makes sense or not is for others to decide. I always write that my promts are for dividend stocks. In the end, everyone is responsible for their own investment.
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PikaPika0105@PikaPika0105
1Wk
@Raketentoni You don't have to take this personally, it has nothing to do with your success or that of other dividend strategists. I just meant that it makes little sense to talk about individual stocks with people who pursue a completely contrary investment strategy, as the verdict is usually already out anyway. You can then talk together about the big picture, markets, sectors or politics, but not about individual investments.
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Raketentoni@Raketentoni
1Wk
@PikaPika0105 That's how it looks. Didn't take it personally 😬 all good 👍
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