October 2026s Premier Space Stocks

The space race is no longer just about rockets. DHL now expects AI driven trade to keep expanding through 2029, and a big share of that activity depends on satellites, secure connectivity, and orbital infrastructure. Investors looking for exposure to this backbone of global data may find real interest in the listed contractors and satellite specialists in this screen. This article highlights three to watch closely.

The three stocks below are just a starting sample. The full screen surfaced 62 more companies with equally compelling space race narratives that are not covered here.

Head straight into the Global Space Race Stocks screener to identify, filter, and analyze the orbital infrastructure plays that best match your conviction and risk tolerance.

Bet Shemesh Engines Holdings (1997) (TASE:BSEN)

Overview: Bet Shemesh Engines Holdings (1997) manufactures and services complex jet and gas turbine engine parts that support high temperature aerospace and potential space launch propulsion systems worldwide.

Operations: The business generates about $199 million from manufacturing parts and $159 million from engines, with minor unallocated adjustments.

Market Cap: ₪6.76b

Bet Shemesh Engines Holdings is directly exposed to the space race through gas turbine and jet engine hardware that can be adapted for launch propulsion. Earnings and margins are moving higher, while the stock trades on a premium P/E multiple that reflects expectations for this aerospace expertise to extend into orbital supply chains, subject to how one unseen pressure on that expansion develops.

That unseen pressure is already baked into expectations, so weigh it against the analysis report for Bet Shemesh Engines Holdings (1997) to see what the current pricing might be missing.

Montana Aerospace (SWX:AERO)

Overview: Montana Aerospace designs and manufactures mission critical aerostructures and high precision titanium and aluminum components for global aerospace and space programs.

Market Cap: CHF1.46b

Montana Aerospace plugs directly into the Global Space Race theme because its high precision metal structures and engine parts are the hardware feeding launch vehicles, satellites, and next generation narrowbody jets that rely on space grade reliability.

"Management has repositioned Montana Aerospace as a pure play aerostructures group with a fully integrated value chain and a local to local footprint, which customers appear to favor for larger work packages and supply security."

What happens to Montana Aerospace’s earnings power if a single assumption about future aerostructure demand or capacity utilization proves too optimistic?

If that single assumption matters to you, read the full narrative for Montana Aerospace to see how Montana Aerospace’s repositioning could be masking both risk and acceleration potential.

Kratos Defense & Security Solutions (KTOS)

Overview: Kratos Defense & Security Solutions builds virtualized satellite ground systems alongside unmanned drones, propulsion and defence electronics used across multi-domain missions.

Operations: The group generates about US$1.21b from Kratos Government Solutions and US$317 million from Unmanned Systems, with revenue largely tied to U.S. customers.

Market Cap: US$8.21b

Kratos Defense & Security Solutions matters in this Global Space Race screen because its virtualized ground stations and mission-control software sit behind much of the satellite and space vehicle activity that defence budgets are funding right now. This sets the stage for bigger questions about how far that demand can stretch.

"Kratos is well positioned to benefit from a historic surge in global defense spending and modernization initiatives by the U.S., NATO, and Pacific allies, as ongoing geopolitical tensions drive a multi-year expansion in defense budgets."

What happens to Kratos Defense & Security Solutions’ earnings power if one unseen pressure on funding and contract timing unexpectedly tightens?

If that pressure point matters to you, read the full narrative for Kratos Defense & Security Solutions to see how funding cycles, contract timing, and space race demand could be quietly accelerating the story.

Seeking Fresh Alternatives Before They Fly

Fresh stories can gain momentum fast, while older ideas risk dropping off investors’ radars. Scan new breakouts that are still under the radar and consider acting while they are still early in their trajectory.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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