3 Space Stocks to Buy in March

Industry Overview - The global space economy has evolved beyond the exploratory phase and is becoming increasingly critical to Earth's infrastructure, driven by advancements in satellite technology, launch vehicles, and defense capabilities [1] - According to Novaspace's Space Economy Report, the global space economy reached $626 billion in 2025 and is projected to grow at a 12% compound annual rate, reaching $1 trillion by 2034 [2] Company: Rocket Lab - Rocket Lab is the second-most-used space launch company in the United States, completing 21 launches in 2025, including a record seven launches in the fourth quarter [3] - The company has seen an increase in revenue per launch, earning $8.5 million per launch in the last year, up from $7.8 million the previous year [3] - Rocket Lab plans to debut its medium-lift launch vehicle, Neutron, which will enable it to carry payloads up to 40 times its current capacity, although the launch date has been pushed to the fourth quarter due to a setback [4] - The space systems segment of Rocket Lab generated nearly $403 million in revenue last year, a 30% increase from the prior year, with a backlog of $1.37 billion, accounting for 74% of its total backlog [5] - In February, Rocket Lab introduced advanced silicon solar arrays designed for space-based data centers, aiming to meet the increasing demand as companies look to move data centers into orbit [6] Company: AST SpaceMobile - AST SpaceMobile designs and develops satellites that provide cellular broadband service without requiring special software or hardware, partnering with over 50 mobile network operators, including AT&T, Verizon Communications, and Vodafone [7]