ROCKETS (AERONAUTICS) – UNITED STATES

ETF giants rush to cash in on SpaceX hype

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Original article by Alex Gluyas
The Australian Financial Review – Page: 21 : 11-Jun-26

Data from Reuters shows that investors have sought to buy $US250bn worth of shares in SpaceX via its highly-anticipated IPO. In constrast, the Elon Musk-backed space technology group is seeking to raise just $US75bn from investors. Meanwhile, a growing number of companies that offer exchange-traded funds are seeking to capitalise in the SpaceX float. Global X has launched its Space Tech ETF in Australia ahead of SpaceX’s sharemarket debut this week, while Betashares established its Space Industry ETF in May. However, VanEck and ETF Shares have both ruled out launching a similar product in Australia.

CORPORATES
SPACE EXPLORATION TECHNOLOGIES CORPORATION, GLOBAL X ETFS AUSTRALIA, GLOBAL X SPACE TECH ETF – ASX MOON, BETASHARES CAPITAL LIMITED, BETASHARES SPACE INDUSTRY ETF – ASX RCKT

US-Japan strategy flags ADF Patriot gains

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Original article by Ben Packham
The Australian – Page: 1 & 2 : 12-Apr-24

President Joe Biden has announced a trilateral air defence network involving the US, Japan and Australia, following a summit meeting in Washington with Prime Minister Fumio Kishida. The new strategy will give Australia access to US and Japanese knowledge and hardware for the Australian Defence Force’s proposed air and missile defence system, which is in the early stages of development with Lockheed Martin. Professor Peter Dean, who was co-lead of the 2023 Defence Strategic Review, says the new strategy puts Australia on track to acquire Patriot aerial interceptor missiles.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIAN DEFENCE FORCE, LOCKHEED MARTIN CORPORATION