At the end of March a team of five women will break barriers in space, an event investment bank UBS thinks is more than symbolic: It's pivotal to investors.
div > div.group > p:first-child"> "NASA will make history with the first all-women spacewalk this month," UBS said in a note to investors on Monday titled"one giant leap for woman-kind." The event amplifies the messages of both space exploration and gender equality, UBS added, which"are both likely to have significant investment implications."
Additionally, UBS found that companies where women make up at least 20 percent of either the board of directors or senior management"were more profitable than their less gender diverse peers on several metrics," the firm said. Gwynne Shotwell, the president and COO of SpaceX, told CNBC in May that she hopes to inspire women to join space companies. When she was a teenager, Shotwell met a woman working as a female mechanical engineer. That woman became her role model and is the reason Shotwell now runs the day-to-day operations of one of the most valuable private companies in the world.
Last month, Virgin Galactic sent chief astronaut trainer Beth Moses as the company's first spaceflight test passenger. Beyond the commercial achievement, Moses became the first woman to fly in space on a U.S. commercial spacecraft.
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