Dividend Vision Lists
Space Stocks
A curated list of the public companies building the space economy — rocket-launch providers, satellite and satellite-communications operators, earth-observation and lunar-exploration firms, and the aerospace-and-defense primes with major space businesses.
Updated July 2026 · 23 companies
DV Scorecard
Our proprietary snapshot of this list — averages and standouts, computed from the companies below. Not investment advice.
Space has gone commercial. Falling launch costs, mega-constellations of small satellites, and a wave of government and defense demand have turned the 'space economy' into a real, investable theme — spanning speculative pure-plays and cash-generative defense giants. This page gathers the public names in one place.
The list runs across the whole stack: launch providers (Rocket Lab), satellite and direct-to-device communications (AST SpaceMobile, Iridium, Globalstar, Viasat, EchoStar), earth-observation and data (Planet Labs, BlackSky, Spire), lunar and in-space infrastructure (Intuitive Machines, Redwire, Voyager, MDA), space tourism (Virgin Galactic), and the aerospace-and-defense primes whose space segments are enormous (Lockheed Martin, RTX, Northrop Grumman, L3Harris, Boeing, Leidos) plus their suppliers (Heico, TransDigm). It's a barbell: many pure-plays are early-stage and unprofitable, while the primes are steady dividend payers.
Dividend Vision's angle is the income and durability inside a mostly-growth theme: which of these actually pay a dividend (largely the defense primes), how safe those payouts look through our Distribution Safety Score, and how the speculative names compare to the established ones. Figures refresh live from our data pipeline on every build, and nothing here is investment advice.
Space Stocks
Live data joins from our pipeline on every build — click any header to sort, or open a ticker for the full analysis. We never hard-code yields, prices, or returns.
| Ticker | Company | Role | Yield | Div growth (1y) | Safety | Fwd P/E | Market cap |
|---|---|---|---|---|---|---|---|
| RTX | RTX Corp. | Industrials | 1.40% | +21.8% | 100 | 27.9 | $260.6B |
| BA | The Boeing Co. | Industrials | — | — | — | 833.3 | $168.7B |
| LMT | Lockheed Martin Corporation | Aerospace & Defense | 2.69% | +3.6% | 99 | 17.0 | $117.3B |
| NOC | Northrop Grumman Corp. | Industrials | 1.78% | +0.3% | 100 | 18.6 | $74.1B |
| TDG | TransDigm Group Inc. | Industrials | 4.47% | — | 100 | 27.0 | $67.9B |
| LHX | L3Harris Technologies Inc. | Industrials | 1.72% | -32.3% | 100 | 25.1 | $52.5B |
| HEI | HEICO Corp. | — | 0.08% | — | 98 | 49.5 | $47.9B |
| RKLB | Rocket Lab USA Inc. | — | — | — | — | 0.0 | $42.3B |
| SATS | EchoStar Corporation | — | — | — | — | 1.7 | $26.7B |
| ASTS | AST SpaceMobile Inc. | — | — | — | — | 0.0 | $22.4B |
| LDOS | Leidos Holdings Inc. | Industrials | 1.59% | +8.8% | 100 | 8.8 | $13.4B |
| GSAT | Globalstar, Inc. | — | — | — | — | 9.2 | $10.2B |
| VSAT | Viasat, Inc. | — | — | — | — | 144.9 | $9.8B |
| KTOS | Kratos Defense & Security Solutions Inc. | — | — | — | — | 78.1 | $8.6B |
| PL | Planet Labs PBC | — | — | — | — | 0.0 | $8.0B |
| IRDM | Iridium Communications Inc. | — | 1.29% | 0.0% | 99 | 35.8 | $4.9B |
| MDA | MDA Space Ltd. | — | — | — | — | 32.1 | $4.9B |
| LUNR | Intuitive Machines, Inc. | — | — | — | — | 3333.3 | $2.2B |
| RDW | Redwire Corporation | — | — | — | — | 0.0 | $2.0B |
| VOYG | Voyager Technologies, Inc. | — | — | — | — | 0.0 | $1.5B |
| BKSY | BlackSky Technology Inc. | — | — | — | — | 0.0 | $823M |
| SPIR | Spire Global, Inc. | — | — | — | — | 0.0 | $470M |
| SPCE | Virgin Galactic Holdings, Inc. | — | — | — | — | 0.0 | $329M |
Why this list matters
Space is a barbell theme — early-stage, high-risk pure-plays on one end and cash-generative defense primes on the other — giving exposure to a long-cycle build-out with very different risk profiles inside one list.
Who it's for
- Investors seeking exposure to the commercial and defense space build-out
- Those who want both speculative pure-plays and steadier defense-prime exposure in one theme
- Dividend investors interested in the aerospace-and-defense names with big space segments
- Anyone comparing a space name they own against its peers on valuation and safety
Benefits
- Exposure to a genuinely long-cycle theme — launch, satellites, and space infrastructure
- The defense primes offer steady cash flow and real, growing dividends
- Government and defense demand provides a durable backlog for parts of the group
Risks
- Many pure-plays are early-stage, unprofitable, and highly speculative, with real dilution and failure risk
- Extreme volatility and wide valuation swings across the speculative names
- Program delays, launch failures, and lumpy, milestone-driven revenue
- Dependence on government budgets and contract timing for much of the group
- The theme spans wildly different risk profiles under one 'space' label
What to watch
- Where a name sits — a pre-revenue pure-play behaves nothing like a defense prime
- Cash runway and dilution risk for the early-stage companies
- Whether a company pays a dividend and how well it's covered — start with the Distribution Safety Score
- Backlog, launch cadence, and contract awards, which drive the fundamentals
How we rank these investments
This page is a curated universe, not a ranked buy list — the table sorts on any column. These are the dimensions we surface and what each tells you.
- Distribution yield. The current dividend as a share of price. Only the defense primes and a few established names pay; the pure-plays yield nothing, so this is largely a growth theme.
- Dividend growth. How fast the payout is rising for the names that pay one — the defense primes have long, steady raise records.
- Distribution Safety Score. Dividend Vision's proprietary read on how durable a payout looks, from the same one scorer used across the site. Non-payers carry no score.
- Valuation. Forward P/E works for the profitable primes; for pre-revenue pure-plays it's meaningless, so weigh cash, runway, and backlog instead.
- Total return. Price change plus dividends. On the pure-plays price does all the work and swings hard; on the primes the dividend contributes a steadier share.
- Business role. Launch, satellites/comms, earth observation, lunar/infrastructure, tourism, or defense prime — each carries a very different risk and maturity profile.
- Liquidity & size. Market capitalization and trading volume. The primes are large and liquid; many pure-plays are small and volatile. Market cap is our default sort.
- Profitability & cash. Whether a company makes money and how much cash it holds — the single most important check for the early-stage names.
Frequently asked questions
What are space stocks?
They are public companies building the space economy — rocket-launch providers, satellite and satellite-communications operators, earth-observation and data firms, lunar and in-space infrastructure companies, and the aerospace-and-defense primes with large space businesses. This page tracks 23 of them with live data.
What's the best space stock?
We don't make recommendations. The list spans very different profiles — speculative pure-plays like launch and lunar companies versus steady defense primes — so the right fit depends entirely on your risk tolerance. Sort the table by yield, Safety Score, or market cap to compare.
Do space stocks pay dividends?
Mostly the defense primes do — Lockheed Martin, RTX, Northrop Grumman, L3Harris and Leidos pay real, often-growing dividends. The commercial pure-plays (launch, satellites, lunar) generally pay nothing and are growth-only. Each ticker page shows the current yield and our Distribution Safety Score.
Are space stocks risky?
The pure-plays can be very risky — many are early-stage, unprofitable, and prone to dilution, program delays, and launch failures, with big price swings. The defense primes are far steadier. That's why we flag each company's role; a single 'space' label covers wildly different risk levels.
Why are defense companies on a space list?
Because the aerospace-and-defense primes run some of the largest space businesses in the world — satellites, launch systems, missile defense, and space-based sensing — and generate real profits and dividends from them. They're the cash-generative end of the space economy.
How is this different from a space ETF?
A space ETF bundles many of these names into one fund. This page lets you see and compare the individual companies — pure-plays and primes side by side — each linking to a full analysis, with a live DV Scorecard summarizing the group.
What is the Distribution Safety Score?
It's Dividend Vision's proprietary measure of how durable a company's dividend looks, scored from 0 to 100 using the same single model applied across the site. Companies that don't pay a dividend carry no score.
How often is this list updated?
The membership is curated, while prices, market caps, yields, and Safety Scores refresh from our data pipeline on every build. The figures reflect the most recent data run.
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