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Who is in the European Space Index?

Business news |
By Nick Flaherty


The European space stock index launched today as a virtual tracker of European space-based tech companies that are currently listed on a stock market.

The index was developed in a partnership between the European Space Agency (ESA), the European Commission and Euronext, which operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal, and aims to allow investors and people working in finance to monitor the financial performance of European space companies.

ESA and the commission worked with Promus Ventures in a dedicated expert group to analyse, monitor and identify companies involved within the Space sector.

The index includes key European semiconductor companies such as lithography equipment maker ASML and chip makers STMicroelectronics, Infineon Technologies and Nordic Semiconductor, as well as startups such as Arqit Quantum, Kleos Space and AAC Clyde Space and of course multinationals such as Thales, Airbus and BAe Systems as well as Meggit, Ultra Electronics and Rolls Royce.

The space-related companies can be categorized based on whether the services and goods they provide are “upstream” or “downstream” — though some companies do both. 

Upstream companies design, manufacture and deploy space systems and their launch vehicles. That includes the design and delivery of hardware and software required in ground stations. 

Downstream companies include operators that deliver communications, navigation and earth observation data as well as applications and solutions enabled by those signals to end-users and service providers. 

End-users, such as purely telecommunications providers (e.g. orange/SFR) are excluded from the index. But companies for which at least 90% of their business is dependent on space capabilities (e.g. TomTom) are included.

SPACE COMPANIES IN THE INDEX

COMPANY NAME

REGION

AAC Clyde Space AB

EU

Actia Group SA

EU

AEROVIRONMENT, INC.

US

Airbus SE

EU

Arqit Quantum Inc

UK

ASML Holding

EU

Astrocast Ltd

CH

Avio SpA

EU

BABCOCK INTERNATIONAL GROUP PLC

UK

BAE SYSTEMS PLC

UK

CGG SA

EU

CHEMRING GROUP PLC

UK

CS Group SA

EU

Danish Aerospace Company A/S

EU

Dassault Systemes SE

EU

Elecnor SA

UK

Eutelsat Communications SA

EU

FACC AG

EU

Fugro NV

EU

GomSpace Group AB

EU

Hensoldt AG

EU

Indra Sistemas SA

EU

Infineon Technologies AG

EU

Kleos Space SA

EU

Kongsberg Gruppen ASA

EU

L’Air Liquide

EU

Leonardo SpA

EU

Lilium NV

US

Lisi SA

EU

MEGGITT PLC

UK

MTU Aero Engines AG

EU

Mynaric AG

EU

Nordic Semiconductor

NO

Officina Stellare SpA

EU

OHB SE

EU

Ovzon AB (publ)

EU

QINETIQ GROUP PLC

UK

REDWIRE CORPORATION

US

ROLLS-ROYCE HOLDINGS PLC

UK

Rovsing A/S

EU

   

Saab AB

EU

Safran SA

EU

Sequans Communications

US

SES SA

EU

SMITHS GROUP PLC

UK

Soditech SA

EU

SPACE HELLAS S.A.

UK

SPIRE GLOBAL, INC.

US

SPIRENT COMMUNICATIONS PLC

UK

STMicroelectronics NV

CH

TE Connectivity Ltd

CH

Thales SA

EU

TomTom NV

EU

ULTRA ELECTRONICS HOLDINGS PLC

UK

 


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