13 Dividend Stocks Inside The James Webb Space Telescope
The James Webb Space Telescope is the latest and greatest space observatory that took 30 years and $10 Billion USD to develop. The JWST will orbit far beyond Earth’s moon at a distance of about 1 million miles detect infrared radiation from Solar System planets, exoplanets, stars, nebulae, and galaxies. This will help us to better grasp the early universe, how galaxies and stars change over time, and potentially discover other worlds.
Find the complete list of all 306 contributors HERE
Northrop Grumman Corporation (NOC) – Northrop is the prime contractor tasked with developing the James Webb Space Telescope, and is designing and building the deployable sunshield, providing the spacecraft and integrating the total system.
In other words, they did much of the organizing and heavy lifting to bring the James Webb Space Telescope into existence to ultimately search for existences beyond our own.
Northrop Grumman currently has paid uninterrupted dividends for 32 years and has a dividend growth streak of 18 years.
L3Harris Technologies (LHX) – As part of the NASA team, L3Harris integrated components made by various partners to form the Optical Telescope Element, which will collect light and provide sharp images of deep space. L3Harris also combined the components of the Integrated Science Instrument Module, which hosts four cameras and spectrographs for gathering data. L3Harris later administered about 100 days of testing in a cryogenic vacuum chamber at Johnson Space Center to ensure the telescope elements perform in the harsh environment found in space.
L3Harris currently has 19 years without a dividend reduction and 18 years of consecutive increases.
Lockheed Martin Corporation (LMT) – Engineers at Lockheed Martin’s Advanced Technology Center (ATC) in Palo Alto, California, designed, assembled and tested NIRCam, which will serve as the primary imager aboard the Webb as it travels 1 million miles into space. NIRCam is an infrared imager measuring wavelengths of light from 0.6 to 5 microns. It was created to detect the earliest star clusters and galaxies, as well as stars in nearby galaxies and young stars in the Milky Way and objects in the Kuiper Belt.
Lockheed Martin currently has 21 years without a dividend reduction and 19 years of consecutive dividend increases.
Moog Inc Class A (MOG.A) – The James Webb Space Telescope will operate in a very cold environment requiring specialized equipment and testing. One instrument called the Near InfraRed Camera (NIRCam) includes Moog’s cryogenic instrument actuators. These actuators allow for positioning while operating at very cold temperatures. Moog is providing flight vibration dampen hardware in the Integrated Science Instrument Module (ISIM) used to isolate loads into the large radiator panels that are critical for the cold operation of the instruments. Another area is the validation that these 18 mirrors will work together on both the ground and in space. Moog provided a six degrees of freedom (6-DOF) micropositioning system used to validate the JWST Primary Mirror.
Moog has paid uninterrupted dividends since 2018.
General Dynamics Corporation (GD) – Axsys Technologies Inc., acquired by General Dynamics in 2009, opened a state-of-the-art facility to assist in the production of parts for the James Webb Space Telescope. The new facility housed advanced computer-aided manufacturing and metrology equipment that shaped JWST’s optical components to a high degree of accuracy. The components consist of 18 hexagonal beryllium segments for JWST’s primary mirror, measuring 1.3 meters from tip to tip, and other mirror substrates and support structures. The machining on the mirrors must be so precise that about 8,000 measurements were taken on just one side of each disk.
General Dynamics has paid an uninterrupted and growing dividend for 30 years.
Emerson Electric Co. (EMR) – We were unable to find exactly what Emerson’s contribution to the JWST was, but they are on NASA’s list.
Webb will have a mirror around 6.5 metres in diameter, made of 18 individual segments. These will fold so that it can be launched in a conventional rocket and can adjust itself as instructed in space.
The collapsible design, however, means the mirror is left open to space where sunlight would obscure its observations if left unchecked. To account for this, a sunshield the size of a tennis court will also unfold to block out the Sun’s rays and keep the telescope cool while a solar panel behind it will generate electricity.
Emerson Electric has sensing and protection products, so we can only guess that they may have contributed to this area of the JWST.
If you know what Emerson Electric’s contribution was, please let us know!
Emerson Electric has paid uninterrupted and growing dividends for 64 years.
Linde PLC (LIN) – Linde provided the liquid nitrogen used to cryogenically cool thermal vacuum chambers and climatic chambers in which the durability of space-bound instruments or components is put to the test.
Linde has paid growing and uninterrupted dividends for 28 years.
Park Aerospace Corp (PKE) – Park Aerospace had its patented SIGMA STRUT selected by Northrop Grumman Corporation for use on the James Webb Space Telescope.
Park Aerospace has paid uninterrupted dividends since 1989.
Raytheon Technologies Corp (RTX) – Raytheon will deploy and maintain ECLIPSE software and hardware as part of NGST’s Common Command Telemetry System (CCTS) for the observatory and instrument development, integration, and test. ECLIPSE provides functionality for real-time command and telemetry processing, on-board processor management, scripting tools, data archiving and retrieval, and plotting/trending for the CCTS.
Raytheon has paid uninterrupted dividends since 2020.
EnerSys (ENS) – EnerSys was selected by Northrop Grumman in 2012 to provide ABSL 8s44p rechargeable Li-ion batteries with disconnect relays for Webb, and then awarded a second contract in 2018 for an additional 8s44p battery, tailored to incorporate alternate cell chemistry.
Enersys has paid uninterrupted dividends since 2014.
Ball Corporation (BLL) – Ball designed and built the advanced optical technology and lightweight mirror system that will enable Webb to detect light from the first stars and galaxies.
Ball also developed the cryogenic actuators mounted on each segment to control individual mirror positioning and curvature radius within one ten-thousandth the width of a human hair.
Ball has paid uninterrupted dividends for 27 years and has a current dividend growth streak of 5 years.
Honeywell International Inc (HON) – Honeywell built two important elements for the Canadian Space Agency (CSA) – the Fine Guidance Sensor (FGS), which allows the telescope to point at and focus on objects of interest and the Near-Infrared Imager and Slitless Spectrograph (NIRISS), a scientific instrument that helps study many astronomical objects, from exoplanets to distant galaxies.
Honeywell has paid uninterrupted dividends for 28 years and has grown their dividend for 10 straight years.
Agilent Technologies, Inc. (A) – Agilent Technologies worked with the University of California-Berkeley (US) in establishing a Davis Millimeter Wave Research Center to conduct research into millimeter wave and THz systems.
Agilent has paid uninterrupted and growing dividends for 6 years.
We are living in a very exciting time and these 13 dividend paying companies were involved in the construction of the James Webb Space Telescope.
How many of these companies do you own? Let us know!
Cheers and never stop investing in yourself!