There’s more SPACE in our lives than we know

There’s more SPACE in our lives than we know

We celebrate Space Exploration Day every year on July 20th - the day of Moon landing in 1969. On this special day, we would like to talk about the incredible scientific and technological advances, which are stemming from space exploration - and about companies bringing them to us, here on Earth.

Space and technology: how space research is helping other industries

Space research has benefited humans in various ways - and it’s a gift that keeps on giving. Numerous tools and technologies for solving seemingly impossible challenges in the harsh and unforgiving environment of space have been adapted for Earth-based use. The benefits are making an impact worldwide in better health and medicine, safety, transportation, public safety, consumer products, computer technology, communications, farming, environmental resources, and industrial activity. 

Everyone can become an astronaut

As a child, is there anyone out there who didn't dream of becoming an astronaut? Unlike in the past, children of today will probably have a chance of going to space even without needing NASA training. The opportunities for space travel are dramatically rising with the help of entrepreneurs, investors, and strategic companies that are focused on innovation. We are in a new era of commercial space flight opportunities, no longer requiring governments to fund the exploration. The private sector is now fueling access to space and fostering innovation. Few “space tourists” have already had their vacations in outer space; companies such as SpaceX, Blue Origin, Virgin Galactic and others plan to provide the general public with access to space within this decade.

Space innovation has brought us to the Moon - and also selfies, air purifiers and GPS

NASA has inarguably been responsible for developing many of the most important technologies of the past half-century. Space R&D, it turns out, is remarkably applicable here on Earth, impacting everything from healthcare to video gaming technology. Space exploration has contributed to many diverse aspects of everyday life. The global positioning system (GPS), infrared ear thermometers, solar panels, implantable heart monitors, light‐based anti‐cancer therapy, cordless tools, light‐weight high‐temperature alloys used in jet engine turbines, cameras found in today's cell phones, compact water‐purification systems, global search‐and‐rescue systems, modern firefighting equipment, smoke detectors, artificial limbs, insulin pumps, LASIK surgery technique, solar cells, water filtering technology, car tires, wireless headsets, freeze-dried foods, CAT scans, infant formulas, MRI-guided surgeries, LEDs, insulation materials, workout machines, air purifiers, VR games, circuit boards and biomedical technologies - these are just a few of the many ways space exploration has contributed to humanity’s technological progress

Companies capitalizing on space tech - and bringing value to their shareholders

The products and services provided by these companies wouldn’t be possible without the many innovations and breakthroughs stemming from space related research. Our AI analyst has chosen a number of companies capitalizing on these technologies, while expanding their financial strength and providing high value to their shareholders. 

Sectors: Industrials, Utilities & Consumer Discretionary

Company Name & Ticker Country Industry Rating Report
General Dynamics Corporation (GD) US

Aerospace & Defense

Triumph Group, Inc. (TGI) US Aerospace & Defense Buy
Carrier Global Corporation (CARR) US

Building Products

Strong Buy
Nichias Corporation (5393) Japan Building Products Buy
Stantec Inc. (STN) Canada Professional Services Buy
Boralex Inc. (BLX) Canada Independent Power and Renewable Electricity Producers Strong Buy
TransAlta Corporation (TA) Canada Independent Power and Renewable Electricity Producers Strong Buy
Sony Group Corporation (6758) Japan Household Durables Buy

Sectors: Information Technology & Health Care

Company Name & Ticker Country Industry Rating Report
Silicom Ltd. (SILC) Israel Communications Equipment Buy
Parrot S.A. (PARRO) France Communications Equipment Buy
Berliner Communications Inc. (BERL) US Communications Equipment Buy
Cellnet Group Limited (CLT) Australia Electronic Equipment, Instruments & Components Strong Buy

Inrad Optics, Inc. (INRD) Report Analysis

US Electronic Equipment, Instruments & Components Buy
Bel Fuse Inc. (BELF.A) US Electronic Equipment, Instruments & Components Buy
QUALCOMM Incorporated (QCOM) US Semiconductors & Semiconductor Equipment Buy
Taiwan Semiconductor  (2330) Taiwan Semiconductors & Semiconductor Equipment Buy
Hologic, Inc. (HOLX) US
Health Care Equipment & Supplies Strong Buy
Medtronic plc (MDT) Ireland Health Care Equipment & Supplies Buy

These 18 stocks, rated "Buy" or "Strong Buy" based on their fundamentals, are just an example of the fact that great advances in innovation can go hand in hand with stable finances and above-average outlook for stock performance.

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