Cameron Gleeson

Many of them are growing their revenue at extraordinary rates.

Some are even reaching profitability, which is good to see because this is still quite an emerging industry.

We're starting to see that trading volumes in a lot of these companies have really gone up.

So a lot of these are global companies rather than Australian companies.

But if you sort of look at the amount traded, that's a clear indication that

investors are seeing an investment case for investing in space.

And I'm sure we can get into it, but there's been some, I think, real progress in terms of key technologies, which are enabling the commercialization of space.

Yeah, that's right.

So we're looking to launch BetaShares Space Industry ETF.

The ticker code for that will be RCKT, rocket, would be the pronunciation of that.

That's on the launch pad.

We're doing our final checks.

Nice.

So we're looking to launch that.

Countdown.

The key technologies that we've sort of seen really evolve are twofold.

One is firstly the real sort of, I guess, growth in what we call low Earth orbit satellites.

So these are satellites that orbit around the Earth anywhere between 160 kilometers and 2,000 kilometers above the Earth.

And they fly around the Earth in around about 90 minutes.

Because they're quite close to Earth, they have low latency in terms of their signal reaching the Earth.