Inner Space’s Economic Leaders

by David Jenyns on January 14, 2009

This historical piece offers some great insight into the exciting field of inner space investing.

“Inner space” has great military value, considering the 400 submarines in the Russian fleet. Briefly, antisubmarine warfare (ASW) is the job of electronically detecting, tracking and classifying submarines. Tom G. Thompson of The Shield Survey (May 23, 1961) liked Edo as a specialist in sea science, which he believed should have “growth ahead in the Polaris submarine program, in undersea defense and in oceanographic research.” L. F. Rothschild & Co. termed Edo “riding pleasantly astride the submarine and ASW programs” in its study of the same month.

“Of particular interest for Avien’s future,” said the Joseph Walker analyst. “Is a completely new underwater propulsion system to meet the propulsion needs in this rapidly expanding field. . . . Avien is also at work to integrate this propulsion system into underwater vehicles (including its own hull designs) and is developing detection systems for such vehicles.”

Cohn Electronic is an acknowledged leader in the field of electroacoustics and underwater sonar and detection programs.

Among the interests of Edgerton, Germehausen & Grier: oceanographic research and underwater photography; Project Plowshare, the use of nuclear explosions for peacetime purposes; and Project Rover, the development of nuclear rocket engines for space exploration.

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