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Cantor initiates coverage on Space sector stocks

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Cantor Fitzgerald initiated coverage on several companies within the Government Technology and Space sector, signaling optimism for the industry's growth potential. The firm's analysts see the Space industry as an increasingly catalyst-driven story,
Cantor Fitzgerald has initiated coverage on several companies in the space sector, highlighting the growing interest in space exploration and commercialization. The report focuses on companies like Rocket Lab USA, which is noted for its frequent launches and potential in satellite servicing; Virgin Galactic, which is transitioning to a more frequent spaceflight schedule; and Spire Global, which provides data and analytics from space. Analyst Andres Sheppard emphasized the sector's potential for growth due to increasing demand for satellite data, space travel, and national security applications. The coverage reflects optimism about the sector's future, driven by technological advancements, government contracts, and the expanding commercial space market.

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[ https://www.msn.com/en-us/money/technology/cantor-initiates-coverage-on-space-sector-stocks/ar-AA1xNxEB ]