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Satellite stocks

Ready to invest in the space industry? Consider these 5 stocks.

The best satellite stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

How to buy satellite stocks

Sign up with an online broker or platform to invest in one of more of these satellite stocks.

  1. Compare share trading platforms. Use our comparison table to narrow down top brokers by fees and bonuses.
  2. Open and fund your brokerage account. You’ll need personal and financial details, like your contact and bank information.
  3. Search for the stock you're interested in. Find the stock by name or ticker symbol, like IRDM or VSAT.
  4. Decide on how many to buy. Some brokers will allow you to purchase fractional shares, while others require you to purchase whole shares.
  5. Choose an order type. Invest in the satellite stocks now with a market order or use a limit order to delay your purchase until the stock reaches your desired price.
  6. Buy the stock. Tap or click the Buy button on your brokerage account. Once you’ve invested in the space industry, track how your stock performs to decide when it’s time to sell.

Take a deeper dive into satellite stocks

We round up a selection of stocks in or related to the space industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

1. Iridium Communications (IRDM)

Iridium Communications Inc. provides mobile voice and data communications services and product to businesses, the United States and foreign governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services.

Iridium Communications stock opened the day at $38.76 after a previous close of $38.41. The latest price was $39.56 (25 minute delay). Iridium Communications is listed on the NASDAQ, has a trailing 12-month revenue of around USD594.4 million and employs 516 staff.

  • Market capitalization: $5,508,286,464
  • PEG ratio: 1.42

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2. Viasat (VSAT)

Viasat, Inc. provides broadband and communications products and services worldwide. The company's Satellite Services segment offers satellite-based fixed broadband services, including broadband internet access and voice over internet protocol services to consumers and businesses; in-flight entertainment, internet, and aviation software services to commercial airlines; community internet services; mobile broadband services, including satellite-based internet services to energy offshore vessels, cruise ships, consumer ferries, and yachts; and advanced software and communication infrastructure services, which include ultra-secure solutions IP connectivity, bandwidth-optimized over-the-top applications, industrial internet-of-things big data enablement, and industry-leading machine learning analytics.

Viasat stock opened the day at $49.41 after a previous close of $48.62. The latest price was $50.50 (25 minute delay). Viasat is listed on the NASDAQ, has a trailing 12-month revenue of around USD$2.3 billion and employs 5,800 staff.

  • Market capitalization: $3,639,897,856
  • P/E ratio: 886.4285
  • PEG ratio: 94.32

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3. EchoStar Corporation (SATS)

EchoStar Corporation, together with its subsidiaries, provides broadband satellite technologies and broadband Internet services. It operates in two segments, Hughes and EchoStar Satellite Services (ESS). The Hughes segment provides broadband satellite technologies and internet services for home and small to medium-sized businesses; broadband network technologies; managed services; equipment, hardware, and communication solutions, as well as satellite services to service providers and enterprise customers; and designs, provides, and installs gateways and terminal equipment.

EchoStar Corporation stock opened the day at $23.13 after a previous close of $22.97. The latest price was $23.74 (25 minute delay). EchoStar Corporation is listed on the NASDAQ, has a trailing 12-month revenue of around USD$1.9 billion and employs 2,400 staff.

  • Market capitalization: $2,006,101,376
  • P/E ratio: 23.2636
  • PEG ratio: 13.41

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4. Maxar Technologies (MAXR)

Maxar Technologies Inc. provides earth intelligence and space infrastructure solutions in the United States, Asia, South America, Europe, the Middle East, Australia, Canada, and internationally. It operates through Earth Intelligence and Space Infrastructure segments.

Maxar Technologies stock opened the day at $36.14 after a previous close of $35.70. The latest price was $35.67 (25 minute delay). Maxar Technologies is listed on the NYSE, has a trailing 12-month revenue of around USD$1.7 billion and employs 4,300 staff.

  • Market capitalization: $2,606,441,984
  • P/E ratio: 8.4134

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5. Gilat Satellite Networks (GILT)

Gilat Satellite Networks Ltd. , together with its subsidiaries, provides satellite-based broadband communication solutions and services in Latin America, the Asia Pacific, North America, Europe, the Middle East, and Africa. It operates through three segments: Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects.

Gilat Satellite Networks stock opened the day at $10.24 after a previous close of $10.20. The latest price was $10.43 (25 minute delay). Gilat Satellite Networks is listed on the NASDAQ, has a trailing 12-month revenue of around USD$162.9 million and employs 779 staff.

  • Market capitalization: $589,928,896
  • P/E ratio: 13.9759
  • PEG ratio: 0

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Compare trading platforms

Compare online trading platforms by fees, asset types and bonuses to find the best for your investment in satellite stocks.
Name Product Asset types Signup bonus
Sofi Invest
Stocks, ETFs, Cryptocurrency
Get one free stock worth up to $1,000
Open an account
A free way to invest in stocks, ETFs and crypto.
Robinhood
Stocks, Options, ETFs
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Public
Stocks, ETFs
Download and sign up with Public.com; approved accounts receive a free stock slice worth up to $70, selected from 9 popular stocks.
Open an account
Commission-free trading in stocks and ETFs with a social networking twist.
J.P. Morgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
N/A
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Webull
Stocks, Options, ETFs
Get one free stock valued between $3.00 and $300 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
TD Ameritrade
Stocks, Bonds, Options, Mutual funds, ETFs, Currencies
TD Ameritrade features $0 commission for online stock trades. Online options fees are $0.65/contract.
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Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Bottom line

While it’s possible to turn a profit investing in satellite stocks, keep in mind that — like any investment — satellite stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the space industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

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