卫星与地面连接：基础设施建设的两种方式

Investors Should Know: Satellite connectivity is increasingly being deployed as a resilience layer alongside traditional mobile networks. Hardware suppliers and telecom operators both playing roles in building out the space communications infrastructure.

The recent IPO of SpaceX (SPCX) has raised investor interest in all space-related technology, including satellite-terrestrial connectivity. This refers to systems where satellite links serve as a backup or complement to ground-based mobile networks. Rather than replacing terrestrial infrastructure, satellite connections fill coverage gaps in remote areas or during network outages.

Two distinct layers are emerging in this space. The first is the operator layer, where mobile carriers integrate satellite access directly into their service offerings. The second is the hardware supply chain, where component manufacturers produce the optics, sensors, and electronics that go inside satellites themselves.

On the operator side, mobile carriers are partnering with satellite providers to extend coverage. On the hardware side, companies supplying precision optics and photonics components are seeing demand tied directly to satellite launch frequency. Syntec Optics (OPTX) is one publicly traded name in the components space. Broader aerospace and defense companies with satellite-adjacent operations include RTX Corporation (RTX) and The Boeing Company (BA).

Other publicly traded names with exposure across the telecom and aerospace sectors include ATI Inc. (ATI), TTM Technologies (TTMI), Mercury Systems (MRCY), AAR Corp. (AIR), V2X (VVX), Astronics Corporation (ATRO), Ondas Inc. (ONDS), and Ducommun Incorporated (DCO). On the telecom side, names with wireless and alternative carrier exposure include Anterix Inc. (ATEX), KORE Group Holdings (KORE), and Deutsche Telekom AG (DTEGY).

The screener below identifies publicly traded companies aligned with the global defense and aerospace theme - the closest available proxy for space infrastructure exposure - ranked by relevance to the theme, with the most theme-relevant companies appearing first. Results are filtered to those carrying a Buy or Strong Buy Quant Rating.

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For broader sector context, the screener below applies a different lens. It filters companies across the aerospace and defense and telecommunications industries, ranked from highest to lowest Quant Rating.

{"type":"screeners","props":{"type":"stocks","name":"Telecom Defense Quality","filter":{"industry_id":{"in":[20101010,50101010,50101020,50102010]},"quant_rating":{"in":["strong_buy","buy"]}},"sort":"-quant_rating"},"data":[{"slug":"atex","quant_rating":4.97,"industry":"Alternative Carriers","company_name":"Anterix Inc.","has_virtual_analysis":true},{"slug":"ati","quant_rating":4.87,"industry":"Aerospace and Defense","company_name":"ATI Inc.","has_virtual_analysis":true},{"slug":"dtegy","quant_rating":4.8,"industry":"Integrated Telecommunication Services","company_name":"Deutsche Telekom AG","has_virtual_analysis":true},{"slug":"air","quant_rating":4.79,"industry":"Aerospace and Defense","company_name":"AAR Corp.","has_virtual_analysis":true},{"slug":"vvx","quant_rating":4.69,"industry":"Aerospace and Defense","company_name":"V2X, Inc.","has_virtual_analysis":true},{"slug":"mrcy","quant_rating":4.65,"industry":"Aerospace and Defense","company_name":"Mercury Systems, Inc.","has_virtual_analysis":true},{"slug":"kore","quant_rating":4.64,"industry":"Wireless Telecommunication Services","company_name":"KORE Group Holdings, Inc.","has_virtual_analysis":true},{"slug":"rtx","quant_rating":4.52,"industry":"Aerospace and Defense","company_name":"RTX Corporation","has_virtual_analysis":true},{"slug":"bdrbf","quant_rating":4.52,"industry":"Aerospace and Defense","company_name":"Bombardier Inc.","has_virtual_analysis":true},{"slug":"atro","quant_rating":4.49,"industry":"Aerospace and Defense","company_name":"Astronics Corporation","has_virtual_analysis":true}],"show_in_screener_page":true}

The first screener surfaces six companies across the global defense and aerospace theme, spanning large defense primes and smaller specialized manufacturers. The group reflects the range of companies with satellite-adjacent hardware and systems exposure.

The second screener draws from a broader universe spanning aerospace and defense alongside telecom sub-industries including alternative carriers, integrated telecom services, and wireless carriers. The results include a mix of market caps and sub-sectors, with aerospace and defense names appearing alongside telecom operators - reflecting the overlapping infrastructure roles both industries play in satellite-terrestrial connectivity.

Companies appearing in the first screener include RTX Corporation (RTX), The Boeing Company (BA), Ondas Inc. (ONDS), TTM Technologies, Inc. (TTMI), Ducommun Incorporated (DCO), and ATI Inc. (ATI).

Companies appearing in the second screener include Anterix Inc. (ATEX), ATI Inc., Deutsche Telekom AG (DTEGY), AAR Corp. (AIR), V2X, Inc. (VVX), Mercury Systems, Inc. (MRCY), KORE Group Holdings, Inc. (KORE), RTX Corporation, Bombardier Inc. (BDRBF), and Astronics Corporation (ATRO).