Orbital infra.
Launch, satellite, optical-comms and propulsion. Placeholder for the next deep-dive — research to start once the AI Semis Q1 sweep completes. The framework below shows the initial candidate set; the full Photoncap treatment lands here once research is initiated.
The space economy mirrors the AI supply chain: it has hyperscalers (the constellations), capital-intensive bottlenecks (launch slots and ground-segment optics), and a long-tail of pick-and-shovel suppliers (payloads, propulsion, optical comms). Until the research project is initiated this page hosts only the initial candidate list — every ticker becomes a full stock page once the deep dive begins.
Where the research will start.
Eight names across launch, satellite, optical-comms and propulsion. Each becomes a Photoncap-template deep dive when the project kicks off.