The next wave of growth isn’t just AI: Five frontier themes are moving closer to commercial scale – robotaxis, drones/urban air mobility, space infrastructure, quantum technologies, and advanced nuclear. Each has potential to reshape industries and open new value chains.
Opportunities exist across the ecosystem: From platform operators and hardware suppliers to infrastructure enablers. Illustrative examples range from Waymo/Alphabet, Joby Aviation, Rocket Lab, and IonQ to Constellation Energy and Cameco.
Risks remain significant and uneven: Regulation, long timelines, capital intensity, and geopolitics mean investors should treat these as long-term, high-uncertainty exposures, best approached with selective sizing and…
