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 (+0.26%)

📈 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 (-0.49%)

📱 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 (+0.33%)

🧩 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 (+0.5%)

🔋 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 (+0.49%)

🚀 SPDR S&P Aerospace & Defense ETF $XAR (+0.51%)

📡 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

$RKLB (+0.26%)

Turnover: USD 145 million (estimate: USD 135 million)

Earnings per share (EPS): USD -0.13 (estimate: USD -0.11)

Outlook for Q3:

Sales: USD 150 million (estimate: USD 151 million)

EBITDA: USD -22 million (estimate: USD -21 million)

Summary:

The company achieved sales above expectations in the second quarter, but earnings per share were slightly below estimates. For the coming quarter, sales are expected to be close to expectations, while EBITDA is likely to be slightly more negative than estimated.

Stop loss triggered due to earnings and thus $TTD (-4.5%) sold with a 30% profit. Switched directly into $RKLB (+0.26%)

July closing: 23.01 % return

July closed with a strong performance: The return was an impressive 23,01 %. This reflects a successful monthly result and underlines my current strategy: less is more!

I am focusing on a highly concentrated portfolio with carefully selected stocks. I currently have 5 positions.

Unfortunately, I did not exceed my previous monthly return of 28.67%.

Today is a hugely important day, because my main drivers $RKLB (+0.26%) and $NBIS (+0.45%) publish their quarterly figures today. This will influence my performance for August. Wish me luck. ✌🏻

$RKLB (+0.26%)

$NBIS (+0.45%)

$XLY (-4.78%)

$AVAX (-1.74%)

$DLO

... top, I was spared the $NOVO B (+4.41%) I was spared the disaster, as I was hit in the face by $LNTH (+1.05%) in the face 😵‍💫 ... please keep your fingers crossed that it gets $RKLB (+0.26%) out tomorrow 🤞🏻 🚀 😜

Today I got rid of some of my winners and shifted further into my ETFs.

I have sold:

$CL2 (+0.86%) +5% this fine ETF, also known as holy amumbo, will be rebuilt right next week via savings plan.

$TXRH (+1.66%) +13% whether this will not become a tenbagger in the long term and was therefore a stupid sale?

$JPM (+0.61%) +20%

$V (+0.67%) +25%

$CAT (+0.42%) +26% I suspect that we are at the end of the cycle here. But who knows for sure?

$LULU (+0.98%) -10% good numbers, very bad chat history, but at least it saved me some taxes.

$RKLB (+0.26%) +28% This stock always made me think of Peter Lynch's quote, "don't buy the stocks of rocket companies, buy the boring ones..."

Bought:

$VWRL (+0.16%) at €129.48 🥱

and

$EQQQ (+0.36%) at 481.75 € 😎

As my portfolio recently consisted of 100% of $RKLB (+0.26%) I sold a small part of my investment yesterday.

I am still very confident in the company and will hold the remaining shares for the next few years.

I have used the money to further expand my position of $NBIS (+0.45%) further expanded.

I would also like to expand my portfolio in the near future.

My current watchlist:

$DLO

$CADLR (+0.55%)

$XLY (-4.78%)

$CLPT

$RKLB (+0.26%)
Rocket Lab (RKLB) - Compact summary:

Finances & business situation

• Revenue (2024): Approx. $436m
• Net loss: ca. $190m
• Cash reserves: approx. 428 million $
• Cash burn: approx. 40-50 million $ per quarter
• The majority of the expenditure flows into Neutron development & Space Systems.

Launch Systems

Electron (existing system):

• 66 successful orbital launches, 94% success rate
• ~8 million $ revenue per launch, ~7 million $ costs
• Small margin, but reliable for operations & personnel

Neutron (future rocket):

• Target: ~$60m revenue per launch, ~$30-40m costs
• 20m $ margin per flight possible
• Key for scaling & profitable government/commercial contracts

HASTE - Suborbital for hypersonic tests

• Modified Electron for military testing
• Relevant revenue stream through DoD projects
• Utilizes existing infrastructure for fast, reliable suborbital flights

Space Systems & GEOST

GEOST (acquisition 2024):

• Builds secret optical sensors for US defense
• 80-90 million $ annual turnover, high margins
• Strong cash flows & secured customer orders

Space Systems segment:

• Builds satellite components & deep space devices
• Currently generates more revenue than the launch business

Pipeline & order security

• 1 billion in confirmed contracts (NASA, DoD, commercial satellite operators)
• Strong growth potential in defense and satellite communications (e.g. with Mynaric)

Risks & outlook

• Delay with Neutron = Impending loss of market share
• Cash requirements Could lead to further share dilution
• Competition from from SpaceX, Firefly, Relativity, etc.

Forecast for profitability: Realistic from 2027depending on Neutron launch, GEOST growth and successful order implementation.

if the analyst is right and $RKLB (+0.26%) and the C/R ratio improves and I can get in at a lower price despite my deep sleep phase in recent months.

Investing.com - Craig-Hallum initiated coverage of Rocket Lab USA (NASDAQ:RKLB) with a "hold" rating and a price target of $51.00. The stock, which has risen by 778% in the past year and is currently trading at USD 45.33, has shown remarkable momentum with a gain of 64% in the last six months.

Although the analyst firm acknowledged Rocket Lab's successes and development, it considers the share to be "perfectly priced in" with regard to the upcoming launch schedule for the Neutron rocket. This plan envisages one, three and five successful launches in 2025, 2026 and 2027 respectively. An analysis by InvestingPro supports this assessment and shows that the share is currently trading above its fair value, which is also reflected in a high sales multiple and volatile price movements (beta: 2.16).

Craig-Hallum noted that perfect execution in the development of new rocket platforms is historically "virtually unheard of", with delays or failures often leading to significantly greater schedule setbacks than originally anticipated.

The analyst firm also highlighted competitive risks, particularly from SpaceX's Falcon 9 and potentially the Starship in the future. The latter, should SpaceX achieve its rapid reusability goals, could "change the cost paradigm for the entire industry again".

At 28 times estimated revenue for the 2026 financial year, Rocket Lab is trading at a significant premium to other NewSpace companies, which are trading at 7 times revenue. While Craig-Hallum believes this premium is justified given the company's "tremendous track record of execution", he expects "a better entry point with a more favorable risk/reward ratio at a later date".

In other recent news, Rocket Lab USA has been the focus of several notable developments. For example, Citi analyst Jason Gursky raised the price target for the stock from USD 33 to USD 50 and maintained a "buy" rating. This adjustment is based on Rocket Lab's progress in the development of the Neutron rocket and the expected growth in the satellite systems business. Gursky's re-rating takes into account the company's potential revenues in 2029, which are estimated at around USD 2.6 billion.

Rocket Lab has also awarded a contract to Bollinger Shipyards to build an ocean-going landing platform for its reusable Neutron rocket. The platform, named "Return On Investment", is scheduled for delivery by early 2026 and will be equipped with advanced support equipment for rocket landings at sea. Meanwhile, Cantor Fitzgerald has reiterated its Overweight rating and $35 price target on Rocket Lab following the company's recent successful satellite launches. These developments underscore Rocket Lab's continued efforts to expand its capabilities and market reach in the aerospace sector.

$RKLB (+0.26%)
$9984 (+7.84%)
$CADLR (+0.55%)
$MTRS (-0.9%)

Yesterday I was at Rocket Lab $RKLB (+0.26%) and SoftBank $9984 (+7.84%) took profits, with Rocket Lab even over 1000%to further diversify my portfolio.

The strategy remains the same, namely to invest in future-oriented individual stocks with a lot of upside and stable finances, but the Rocket Lab share in the portfolio is growing and growing, so I have decided to reallocate a little.

Two new stocks from Scandinavia have been added.

1) Cadeler
$CADLR (+0.55%)

Cadeler is a world-leading Danish company specializing in the installation of offshore wind turbines. The offshore wind power market is expected to grow to approx. 70-250 billion dollars by 2035 (depending on estimates). Cadeler is ideally positioned to benefit from this trend. They maintain long-term customer relationships with companies such as Ørsted, Equinor or Siemens Gamesa. The barrier to entry is generally regarded as high (moat).

Turnover (2025e)approx. € 500 million (of which 10-20% is usually recurring)

Profit (2025e)approx. 150 mio €

Order backlog (current)approx. 2.5 billion €

Market capitalization (current)1.6 billion €

P/E ratio (current): approx. 17

P/E ratio 2029 (forecast)approx. 3-4

Cadeler will benefit from the global trend towards decarbonization and political initiatives in this area, and many countries are only just getting started. My AI analysis of the company has shown that we will probably 2035 we are likely to have a profit of around €1.4 billion which, with a P/E ratio of 18.6 (Danish average), this implies a market capitalization of around € 26 billion. would mean. With a more conservative P/E ratio of 12 it would be around 17 billion €. In the first scenario, an investment would therefore be around 16x and in the second scenario 11x in the second scenario. The company therefore fits well into my investment strategy, high potential with comparatively low risk.

2) Munters Group $MTRS (-0.9%)

The Munters Group is a Swedish company that specializes in air treatment and drying solutionsespecially for air conditioning, dehumidification and industrial air technology - with a focus on data centers, pharmaceutical, food and industrial plants. The data center business in particular is currently booming. The battery factory business has recently experienced problems due to weak demand, which is also reflected in the share price, but this is only a short-term problem.

The company is a technological leader in the field of dehumidification and energy recovery. They are also ahead of the competition when it comes to sustainability. In addition, they always rely on a very local production structurewhich largely frees them from trade policy risks. Competitors such as Daikin Industries $6367 (+2.6%) or Carrier $CARR (+0.4%) are more broadly based and less specialized, which is why they do not pose a major threat either. It is also difficult for customers to switch suppliers.

Turnover (2025e)approx. € 1.3 billion (of which 20-30% is usually recurring)

Profit (2025e)approx. 60 million €

Order backlog (current):

Market capitalization (current)2.2 billion €

P/E ratio (current): approx. 31

P/E ratio 2029 (forecast)approx. 10-11

The Munters Group is benefiting from several trends such as the data center boom, electrification and sustainability. This development is only just beginning. My AI analysis has shown that the profit in 2035 will be around € 300 million. in 2035. With a constant P/E ratio, that would correspond to a valuation of € 9.3 billion would correspond. If one assumes a lower P/E ratio of around 20 it would be 6 billion €. So in the first scenario 4x and in the second 2,7x. The Munters Group therefore represents a rather conservative addition in my growth-oriented portfolio. They will definitely develop positively, but for the really big multiples, other stocks are needed again.

What do you think of the two new additions? I think it's particularly nice that there are two European companies are 🇪🇺🇪🇺