Astrotech Corporation - Common Stock (ASTC)
Competitors to Astrotech Corporation - Common Stock (ASTC)
Aerojet Rocketdyne Holdings, Inc.
Aerojet Rocketdyne and Astrotech compete in the propulsion and aerospace technology sectors. Aerojet Rocketdyne provides propulsion systems for space and defense applications, leveraging its extensive experience and technical expertise in rocket engines. While Astrotech focuses on different areas of space technology, such as satellite development and systems integration, Aerojet's established position and specialization in propulsion give it a significant competitive advantage when it comes to spacecraft launches and propulsion technologies.
Maxar Technologies Inc.
Maxar Technologies and Astrotech compete in the satellite technology sector, particularly in Earth observation and geospatial data. Maxar has developed a strong position through its high-resolution satellites and advanced imagery capabilities, allowing it to serve government and commercial clients effectively. While Astrotech offers spacecraft component solutions that can support broader missions, Maxar's established client base and proven track record in satellite operations grant it a competitive edge in the data and imaging market.
Northrop Grumman Corporation NOC +0.79%
Northrop Grumman is a giant in the aerospace and defense industry, specializing in advanced technologies including satellite systems and launch services. While Astrotech focuses on satellite component development and related aerospace technology, Northrop Grumman's extensive resources, established contracts, and broad portfolio give it a significant competitive advantage. The scale and technological capabilities of Northrop Grumman allow it to deliver integrated solutions that encompass multiple aspects of space technology, contrasting with Astrotech’s more niche offerings.
Rocket Lab USA, Inc. RKLB +7.63%
Rocket Lab and Astrotech both operate in the aerospace and defense sector, focusing on satellite launch and related technologies. Rocket Lab has developed a robust launch service with its Electron rocket and Photon satellite platform, making it a formidable competitor in payload delivery to orbit. This company has established a reputation for reliability and cost-effectiveness, providing a competitive edge against Astrotech, which offers different technological services, primarily in spacecraft components and development.