Trader Talk

Drilling into the space business with CNBC & Kensho's New Economy Indices

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Hope you've all seen some of CNBC's cool coverage on the space program this week. Take a look here if you haven't.

It's a good opportunity to highlight the Kensho New Economy Indices, 13 sectors (16 indices) designed to highlight disruptive technologies such as drones, robotics, cyber security, 3-D printing, nanotechnology as well as TWO space indices.

You can see them here:

And my story on the indexes here:

The Kensho Space Index is at a new high (though it only goes back to 2014), and consists of 30 stocks with significant exposure to the space industry. Every wonder who builds all the stuff that goes into the space program? Of course it includes companies like Boeing and Honeywell and Lockheed Martin, but there's dozens of smaller companies that make rocket parts and mundane things like filtration and fluid control systems. And who actually delivers the groceries to the International Space Station (ISS)?

Here's a few of them:

Aerojet Rocketdyne Holdings: Makes liquid, solid, and electric propulsion systems and components, including expendable and reusable launch vehicles, trans-atmospheric vehicles and spacecraft, separation and maneuvering systems, upper stage engines,satellites, large solid boosters and integrated propulsion subsystems.

Esco Technologies: Makes highly engineered filtration and fluid control products for mission critical systems in space

Hexcel Corp: Structural components and composite materials for space launch vehicles and NASA telescopes.

Jacobs Engineering Group: Support systems on ISS, space vehicles, space launch systems for NASA.

Orbital ATK: Builds rockets (Antares) and provides cargo delivery services to the International Space Station.

Teledyne Technologies: Designs,develops, and manufactures components for liquid rocket engines, scientific payloads, and human space flight vehicles and operations support for the ISS.

Disclosure: NBCUniversal, parent of CNBC, is a minority investor in Kensho.