Ast Spacemobile IncReported Q1 2026 revenue up 1,952% YoY and reaffirmed full-year guidance of $150M-$200M, indicating strong end-customer demand.
Goldman Sachs says the space economy’s growth to $1 trillion is a matter of when, not if, with the sector currently at about $625 billion and consensus timing pointing to the mid-2030s or 2040s. Commercial companies now drive roughly 80% of that activity, a complete reversal from 80% government control a generation ago, creating what the firm calls a flywheel effect of investment and development. Falling launch costs are the main engine, widening the addressable market for satellite operators, imaging firms, and eventually lunar logistics. Among pure-play names, AST SpaceMobile reported first-quarter 2026 revenue of $14.7 million, up 1,952% year over year, and reaffirmed full-year guidance of $150 million to $200 million, while Firefly Aerospace posted first-quarter revenue of $80.88 million, up 44.8%, and maintained its 2026 outlook of $420 million to $450 million. The Procure Space ETF, a basket of 47 space-related stocks, has returned 70.72% over five years but is down 13.43% in the past month amid a sell-off in high-beta names.
Ast Spacemobile IncReported Q1 2026 revenue up 1,952% YoY and reaffirmed full-year guidance of $150M-$200M, indicating strong end-customer demand.
Firefly Aerospace Inc. Common StockReported Q1 revenue up 44.8% and maintained 2026 outlook of $420M-$450M, reflecting growing demand for its services.
Goldman Sachs Group Inc