Hello everyone,

Since a lot has happened in the last few days and weeks, I would like to give you an insight into how far my portfolio has changed in terms of growth and returns. First of all, the FTSE All World has been thrown out completely, as have the stable value stocks such as Airbus and Telekom. My "new" portfolio has so far included the following:

Position (weighting in the portfolio in %) Return to date in %

$BTC (+1.65%) (13%)

Return to date +-0

$IREN (+7.17%) (11,2%)

Return so far approx. +30

$RKLB (+3.26%) (9,46%)

Yield yesterday still at +15% today at just under +4% 🤪

$PNG (+2.67%) (9,4%)

Yield so far +15%

$TTR1 (+3.9%) (8,67%)

Yield to date +-0

$IOS (-0.13%) (8,55%)

Return so far approx +5%

$ASTS (+3.23%) (8,54%)

Return to date approx +5%

$ZAL (-0.12%) (7,35%)

Return so far approx +11%

$IPX (-5.74%) (7,27%)

Return so far -5%

Warrants (only for those who are interested)

(sorted by weighting)

Long on Hensoldt MM2TXJ (+16%)

Long on silver MK81Z6 (+84%)

Short on Puma DU1SAE (+6%)

Inline OS on Zalando UG71Z8 (+93%)

Inline OS on Thyssenkrupp UG81HF (+80%)

Inline OS on Telekom (since today) PJ711H (-1%)

Discount Tut on Palantir VK38YE (-34%)

In addition, I now have a savings plan with 200 euros per month on Bitcoin $SOFI (+0.46%) Tech, as well as 100 euros each on $VSAT (+4.27%) and $BNTX (-0.12%) (for the next pandemic, cancer therapy, and because of the thick cash cushion).

I think I've covered the areas of data centers and digitalization, as well as space and outer space. What I'm still missing is a convincing stock in the critical commodities sector (I have Iperionx, but I'm still looking for a candidate that convinces me)...

I'm up about 8% for the week and see this as a very small confirmation of the transformation in the portfolio, even though I know that these stocks are naturally more susceptible to a bear market xD

I'm not sure whether I'll be able to keep up the savings rates because I have to take my driver's license exams soon and I'm still doing my A-levels. And as I only work on a part-time basis, I don't have that much money available yet. My deposit is currently around 9900 euros and my short-term goal is to have enough money by the end of 2026 or early 2027 to buy my dream car, a Golf 7. 🙈

Please let me know what you think and whether you would do the same as me...

And if anyone else has a stock that would fit into my portfolio strategy, I would of course also be delighted...

HG Small investors ✌️🤝

Let's finally see the first satellite launch at $ASTS (+3.23%) this year, after the management has made hardly any changes to launches this would be necessary as ASTS has a maximum of two years lead over Starlink and therefore has to launch!

We now need an ANNOUNCEMENT from the management about the launches, otherwise I'm a bit worried

$ASTS (+3.23%) I presented briefly the other day, and the thesis rises and falls with the launches of satellites.

They currently have a very clear lead with partners (companies & countries), but the uncertainty is currently increasing as Elon Musk is catching up and investing in the market.

The market is growing enormously at 27.7% per year and there is hardly any competition or established players so far, it will be exciting to see whether AST Spacemobil will use the first mover advantage here, they don't have much time left. It remains to be seen whether the advantage of the current increase in military spending can initially increase the pace.

I will take another 1-2 weeks of research before I make a decision here, the currently expected sales increases are enormous - it's about 360% next year.

But you mustn't forget the valuation - we have an FWD P/S ratio of an incredible 174.99!!

A lot of growth has to happen to bring this to a fair level and Amazon is also investing in the business and they all have more money and the satellite infrastructure and that is the problem. AST has hardly any satellite and is 100% dependent on the internet business and it could become unattractive due to delays, making it a very risky player.

$ASTS (+3.23%)

"Roth reiterates its Buy rating on ASTS and sets a 12-month price target of $56 per share, which implies upside potential of about 40% from current levels.

The reported acquisition of 5G spectrum from EchoStar for $17 billion by Starlink "further validates ASTS' strategy and market opportunity," Roth analysts wrote in a note.

$ASTS (+3.23%) could be the future of mobile communications as the entire terrestrial infrastructure such as masts and the like could become irrelevant with only 200 satellites in space.

That is the mission and the business model at its core.

They currently have two factories for their satellites and one launch per month, which results in enormous CAPEX costs (see photo)

The company is clearly a bet a version and that is to handle the three billion customers of Verizon, Telekom and Co. via a satellite. If this works, it would save costs and they would get paid for the service. Now someone might come up with Starlink (yes, but they are focusing on other services).

The company currently has hardly any turnover, but has secured orders from B2B and governments, plus they have patents and the factories.

The revenue is also irrelevant for now as they have to build the infrastructure and they have already raised $900 million for that.

They are currently launching 6 satellites into orbit per launch, so at the current rate it could take another 1-2 years before the service could be offered globally, which is why they are concentrating on the USA as their first market, and this could soon really take off, as can be seen from the 2026 forecast.

An investment is currently still very speculative and the valuation is high compared to the status quo, but I find the future development exciting and am keeping an eye on the share.

Politics & Megatrend

🧠 Trump administration massively pushes ahead with space commercialization

🔋 NASA (under Sean Duffy) accelerates lunar reactor project

🌌 Space Race 2.0 with China & Russia sparks new momentum

📈 S&P Aerospace & Defense Index +33% YTD - clearly outperforms S&P 500

📊 UBS sees space sector at $800 billion (2030) - Morgan Stanley even $1 trillion (2040)

Top stocks in the space boom 2025

🔥 Firefly Aerospace $FLY

🚀 IPO in August 2025: $45 per share | $868 million raised

🛰️ Successful moon landing with Blue Ghost probe in first attempt

💼 Order backlog: $1.1 billion | NASA deal worth $176.7 million until 2029

🔧 Partnership with Northrop Grumman strengthens technology confidence

🛰️ Rocket Lab $RKLB (+3.26%)

📈 Share price from $5.55 → $44 - thanks to event-driven rallies

🛰️ Electron launch #69 on August 5: QPS-SAR-12 precisely in orbit

🔁 Contract with iQPS: 9 launches - 4 more by the end of 2026

🛠️ Neutron rocket in development for medium-lift market

📶 AST SpaceMobile $ASTS (+3.23%)

📱 First direct-to-phone satellites active - no device adaptation necessary

📡 Cooperation with AT&T, Verizon - against dead spots & for global coverage

📃 3,650+ patents secure technological leadership

🌍 Acquisition of S-band rights (ITU): global frequency network massively strengthened

📊 Target: 120 Mbit/s broadband via satellite for every smartphone

💰 Viasat $VSAT (+4.27%)

🧩 Value play with turnaround character | Activist calls for split-up

🔬 DAT division with ~$50 value per share as hidden gem

📡 ViaSat 3 satellites launch global internet offensive

📈 William Blair sees "Outperform" with doubling potential

📉 Forward sales multiple: only 0.43 (!) - cheapest pick in the universe

⚛️ BWX Technologies $BWXT (-4.13%)

🔋 Leading in nuclear propulsion for the moon & deep space

📜 Favorite for NASA lunar reactor tender (100 kW fission power)

🔧 Order backlog: $6 billion | +70% YoY

🧠 Partnership with Lockheed Martin strengthens position

🎯 Focus on nuclear solutions for security, energy & medicine

📊 ETFs for all-in-one exposure

🛰️ ARKX - ARK Space Exploration ETF $ARKX

🛡️ iShares Aerospace & Defense ETF $ITA (+0.14%)

🚀 SPDR S&P Aerospace & Defense ETF $XAR (+0.12%)

📡 Global X Defense Tech ETF $SHLD

🛠️ U.S. Global Aerospace & Defense ETF $WAR

⚠️ Risks in the orbit

🛰️ Rocket launches remain risky & costly

💥 SpaceX pushes down prices → Margins under pressure

📉 Regulatory hurdles & high capital requirements

🌌 Complex technology = high susceptibility to failure

🧭 Conclusion: The new investment galaxy

💡 Space is no longer science fiction, but a real growth market

📈 Early investments could generate exponential upside

🎯 Best strategy: combination of selective moonshots & ETF diversification

🛸 The new space race has begun - and the winners have not yet been determined

$ASTS (+3.23%)