What it is
- Cost-down on launch (SpaceX) opens commercial space.
- Lunar landers + space industrialisation create demand for surface hardware.
- Defence policy (CHIPS Act, EU sovereignty programs) funds onshoring.
Why this matters (investment relevance)
Most of these are positioned for terrestrial AI/data-centre markets first, but the space adjacency is a real second-order opportunity worth tracking.
Adjacent themes
- Lunar Teleoperation (redirect) — operating teleoperated systems on the Moon needs lunar-grade compute + sensors.
- EU space sovereignty — IPCEI funds for European space-grade manufacturing.