Akros U.S. Space Tech Index
Concentrated exposure to 10 U.S.-listed companies at the forefront of the upstream and downstream space industry.
Sentiment Summary
Recent Events
No market reaction has occurred yet; impact is estimated to be medium as earnings releases typically drive significant volatility. Fiscal First Quarter 2027 earnings results are to be announced after market close on 2026-06-04 scheduled.
EchoStar announced the completion of a spectrum transfer to a trust on 2026-05-22 as a key step in its spectrum sale to SpaceX; a high price impact (>10%) is expected due to significant capital infusion, scheduled.
Successfully launched the 'Viva La StriX' mission from New Zealand on 2026-05-22, deploying the ninth dedicated satellite for Synspective. This routine success is estimated to have a low impact (approx. 1%).
Announced a $90 million contract award from the U.S. Space Force's Space Systems Command on 2026-05-21 to design, manufacture, and operate two geostationary satellites. This is estimated to have a medium impact (approx. 5%) due to significant revenue growth potential.
Announced a new at-the-market equity distribution agreement on 2026-05-21 to sell up to $3 billion in common stock over time. This is estimated to have a medium negative impact (approx. 5%) due to potential shareholder dilution.
Redwire announced it secured a $15 million follow-on order from the 1st Aviation Brigade, US Army Aviation Center of Excellence (AVCOE) for its Stalker uncrewed aerial systems (UAS) on May 20, 2026. A price impact of >=10% is estimated due to the strategic importance of the contract win.
Analysts at KeyBanc and Piper Sandler lowered price targets to $100 and $114 from $122 and $127 respectively following Q1 earnings, citing higher near-term costs. These revisions are expected to result in a price impact of 1% or more, estimated.
The 2026 Annual Meeting of Shareholders was held on May 20, 2026. A price impact of >=1% is estimated for this routine administrative event.
Redwire announced it was awarded a multi-year, 'high eight-figure' contract from an undisclosed NATO country to deliver its Penguin Mk3 tactical uncrewed aerial systems (UAS) on May 19, 2026. A price impact of >=10% is estimated due to the significant scale of the multi-year contract.