A company called Starlab is assembling a coalition to build a new International Space Station to replace the aging ISS, which will be decommissioned in 2030.
Starlab recently added data analytics company Palantir Technologies as a “strategic partner” to help predict maintenance needs and enhance operations of the new space station using data modeling.
However, Palantir’s exact financial contribution is unclear, so its role may be more as a subcontractor rather than a true partner.
Starlab faces competition from other projects like Axiom Space, Vast Space, and Orbital Reef backed by Jeff Bezos, which has significant financial resources from companies like Blue Origin, Sierra Space, and Boeing.
While Palantir’s involvement only provides a modest boost, the author believes Starlab still has the most momentum given the hundreds of billions in combined revenue of its partners like Northrop, Airbus, and Mitsubishi.
Regardless of which project succeeds, investors will likely have opportunities to invest in the winner as many publicly traded companies are involved across the different teams.
Source: fool
