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Fed up with the gloom holding back your portfolio on earth? How to invest in the FINAL FRONTIER of space

By ANNE ASHWORTH FOR THE DAILY MAIL, 5 August 2022:

During this summer of high anxiety about Planet Earth, space has become a focus of attention for investors.

What better time to explore technologies that sound like science fiction, but could solve terrestrial challenges, while providing a route to portfolio diversification?

The new James Webb Telescope, which gave us images of the beginnings of the universe, has reminded us of the wonders of space, a sector in which the UK has the world’s third-largest number of start-ups after the US and China.

Next month, Richard Branson’s Virgin Orbit will launch commercial and military satellites from Spaceport Cornwall. The rocket bearing the satellites is to be carried on the wing of a modified Boeing 747, and then released into space.

You can be starry-eyed about this – like me – but remain objective. That is essential if you are venturing into this sector with its complexities. Goldman Sachs says that the global space economy could be worth $1trillion (£820billion) by 2040…

Mark Boggett, manager of the Seraphim Space Fund trust – which backs companies engaged in final frontier industries – is convinced that ‘space holds the answers to humanity’s problems, such as climate change’…

The trust also owns Altitude Angel, part of a consortium proposing to build a 165-mile drone highway linking airspace above Reading (where it is based) with Oxford, Milton Keynes, Cambridge, Coventry and Rugby. This would remove traffic from roads.

Satellite Vu, a British business, seeks to be ‘the Earth’s thermometer in space’, measuring the temperature of any structure…

Some will regard Seraphim as the investment equivalent of the Wild West. But James Carthew of QuotedData says the trust aims at adventurous bargain hunters.

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