Space Foundation Index Goes Live
COLORADO SPRINGS, Colo. (Dec. 3, 2007) -- The Space Foundation unveiled a daily, Web-based version of the Space Foundation Index today. It is now available and updated on the Space Foundation’s Web site. Established in June 2005, the Space Foundation Index is a weighted index that tracks the market performance of 31 public companies that derive a significant portion of their revenue from space-related assets and activities. The index is prepared for the Space Foundation by ISDR Consulting, LLC.
Since its inception through November 30, 2007, the Space Foundation Index has increased by more than 39 percent, significantly outpacing both the NASDAQ and S&P 500 indices, which grew 29 percent and 23 percent, respectively. Previously updated annually through The Space Report, the Space Foundation Index can now be used as an instrument to track the daily market performance of a selection of public companies representing the breadth and depth of the space industry.
“We are excited that the Space Foundation Index can now serve as a practical and useful tool for individuals and businesses,” said Marty Hauser, vice president, research & analysis. “The Space Foundation Index contains timely and critical information, showing market changes at both frequent and extended intervals. It provides tangible data on both the short and long term growth of this $220 billion industry.”
The on-line Space Foundation Index displays the performance of the index companies versus the NASDAQ and S&P 500 from its inception as well as in daily, weekly, monthly, quarterly, and yearly intervals. The Space Foundation Index is updated each business day, shortly after the markets close. In addition, the most recent day’s index information appears on the Space Foundation’s Web site homepage for quick reference.
The Space Foundation Index and additional information is available at www.SpaceFoundation.org/spaceindex/.
About the Space Foundation
Founded in 1983 and headquartered in Colorado Springs, the Space Foundation is a national nonprofit organization advancing space-related endeavors to inspire, enable, and propel humanity. The Space Foundation is a leader in space awareness activities, trade association services, research and analysis for the global space industry, and educational enterprises that bring space into the classroom. The Space Foundation is headquartered in Colorado Springs, Colo., has an office in Washington, D.C., and field representatives in Houston, Texas, and Cape Canaveral, Fla. The Space Foundation conducts the premier annual gathering of the global space community, the National Space Symposium. The 24th National Space Symposium will take place April 7-10, 2008, at The Broadmoor Hotel in Colorado Springs. Along with partnering organizations, the Space Foundation also conducts Strategic Space and Defense 2008, 6-8 October in Omaha, Neb. For more information, visit www.SpaceFoundation.org.
About ISDR Consulting
ISDR Consulting, LLC is a boutique management consulting firm focused on helping companies, institutions, and investors realize the commercial potential of space and technology. More information is available at www.isdrconsulting.com.