In today's investment webinar, Nucleus Wealth's Head of Investments Damien Klassen, and Senior Financial Advisor Mark Monteiro are joined by space investment professional Dr. Andrew Barton to discuss opportunities in the industry and if your portfolio needs space
On the agenda:
- Background on recent breakthroughs and cost changes
- Current investment avenues: defence contractors, SpaceX/Blue Origin, startups
- Major areas of investment: satellites, tourism, refuelling, government research.
- Space race potential between US and China
- Rough cost to launch kg into space. Speed of change and what applications lower prices unlock
- Asteroid mining: back of the envelope calculations
Take us on your daily commute! Nucleus Investment Insights is available in Podcast form on iTunes and all major Android Podcast Platforms.
Timestamps
- 00:00 Introduction
- 01:26 Recent breakthroughs and cost changes
- 09:10 Landscape of the industry
- 13:35 Space tourism and Price to put kgs in orbit
- 16:20 How other countries are competing
- 21:05 Space tourism
- 23:00 Refuelling rockets
- 26:54 Manufacturing in space
- 30:35 Markets to consumers
- 33:18 Space X Starlink
- 38:40 Asteroid mining
- 51:06 Space Law
- 52:49 Space race
- 55:00 investment implications
- 56:40 Andrew's work with startups
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Damien Klassen is Head of Investment at Nucleus Wealth.
Damien has a wealth of experience across international equities (Schroders), asset allocation (Wilson HTM) and he helped create one of Australia’s largest independent research firm, Aegis Equities. He lectured for over a decade at the Securities Institute, Finsia and Kaplan and spent many of those years as the external Chair for the subject of Industrial Equity Analysis. Damien runs the investment side of Nucleus Wealth, selecting stocks suggested by analysts and implementing the asset allocation. Damien started Nucleus Wealth after 20+ years in financial markets. He wanted to come up with an investment solution for ordinary investors that delivers the same types of personalised investment portfolios high net worth investors use.
