Berenberg analyst Michael Filatov identifies Rocket Lab and AST SpaceMobile as primary beneficiaries of the booming space economy, citing strong backlogs and technological differentiation.
Analyst Michael Filatov issued a Buy rating and $83 price target, citing vertical integration, strong backlog, and Neutron catalyst.
Analyst views AST SpaceMobile as a key beneficiary of space-based cellular broadband, with BlueBird constellation and 60+ mobile network partnerships.
SpaceX is cited as the largest and most prominent private space launch company, now public, driving innovation in the sector.
The commercial space economy is projected to exceed $1 trillion by 2030, driven by falling launch costs and increased demand for satellite constellations. Berenberg analyst Michael Filatov has issued Buy ratings for Rocket Lab and AST SpaceMobile, citing their vertical integration and unique market positioning as key drivers for long-term value creation in the evolving space sector.
The sector is benefiting from a significant collapse in launch costs, which has enabled a wider range of commercial applications, satellite constellations, and increased government defense and sovereignty spending.
Rocket Lab is favored for its end-to-end vertical integration in launch and manufacturing, while AST SpaceMobile is recognized for its unique ability to provide cellular broadband to unmodified smartphones via its BlueBird satellite constellation.