Hereâs why they need to be on your radar... [RiskHedge Report] [Chris Wood]
Have you heard of LEO stocks? By Chris Wood - RiskHedge Whoever figures this out will likely become the worldâs first trillionaire... This startup plans to mine an asteroid⦠Why LEO stocks need to be on your radar⦠Details on my #1 LEO stock⦠#1) The most valuable known object in our solar system is called 511 Davida... Itâs worth an estimated $27 quintillionâor roughly 67,000X the value of all real estate on Earth. 511 Davida is an asteroid. Like many asteroids, itâs densely packed with vast amounts of valuable minerals, including nickel and cobalt. Whoever figures out how to access these treasures of space will likely become the worldâs first trillionaire. #2) Last week, asteroid mining startup AstroForge announced its first missions⦠In April, AstroForge will test how its refining technology works in space. A customized rocket will carry an âasteroid-likeâ material to orbit, vaporize it, then sort out and collect metals from the debris. For the second mission, planned for October, AstroForge will complete a fly-by of a small near-Earth asteroid and scan it for resources. If successful, AstroForge will be closer to mining an asteroid than any company before. Of course, there are still plenty of hard problems to solve. For one, only about 8% of asteroids are rich in metals. The rest are worthless piles of rock. And there are hundreds of thousands of them in our solar system. So, you have to pick the right ones. Then, thereâs the extraction process. Unlike on Earth, where minable minerals tend to be concentrated in one area, resources tend to be scattered all over an asteroid. This will require processing an awful lot of material. The final challenge is bringing the valuable minerals back into the atmosphere. You canât simply parachute tons of minerals down to Earthâs surface. Hereâs the most exciting part: Many small companies are working on solving these problems. I expect theyâll create many incredible investing opportunities for us in the years ahead. #3) Hereâs one space opportunity you can profit from immediately⦠LEO. Traditional satellites orbit 20,000 miles or more above Earth. Thatâs mainly because Earthâs gravitational pull is weaker the farther out you goâso large satellites can stay up for longer. But satellite technology has improved by leaps and bounds. Satellites that used to be as large as a bus are now the size of a shoe box. These satellites can easily be deployed in LEOâor Low-Earth Orbitâjust 100 miles to 600 miles from the Earthâs surface. #4) LEO satellites are great for taking ultra-high-definition pictures... Older, higher-orbiting satellites can only take an image of a certain location once a day, at the same time every day. Thatâs fine for mapping the planet. But it doesnât work for monitoring events around the world as they happen. LEO satellites are the answer. They can circle the Earth about every 90 minutes and take images of the same location many times throughout the day. Also, getting LEO satellites into orbit is a lot cheaper. It costs about $2,300 per pound to launch an LEO satellite compared to $14,000 per pound for an older one. And, because theyâre closer to the ground, images have a much higher resolution. #5) LEO satellites serve many different industries⦠When Russia was preparing to invade Ukraine, the Kyiv government used real-time data from LEO satellites to prepare its defenses, spot military convoys, and track enemy movements. Other governments could use the same techniques to monitor border crossings or to support humanitarian aid initiatives. Shipping companies can use LEO satellites to track and manage port traffic. And since images are so precise, mining companies can rely on them to monitor stockpiles of commodities. #6) Hereâs my #1 way to profit from the LEO opportunity... An easy way to gain some exposure to LEO stocks is to buy the Procure Space ETF (UFO). However, the ETF also includes companies like Virgin Galactic, which offers space travel... Viasat, a satellite internet provider... and Dish Network, a TV company. So, youâre not getting a âpure playâ on LEO stocks through the UFO ETF. My top LEO stock is a microcap thatâs changing the game in satellite imagery. This tiny company owns and operates a proprietary constellation of small high-tech satellites that fly over you every hour. But the companyâs âsecret sauceâ is its AI platform, which quickly analyzes all the data from the satellite images. In fact, this is the only satellite company providing high-frequency monitoring with an AI software platform that automatically performs the analysis humans used to do. I shared all the details on this stock in my latest issue of Project 5X, including how I see the stock getting to $12.50/share, around 7X its current price. If you arenât a member of Project 5X and would like to join today, [go here now](. Youâll see the most cost-effective way to access not only my research, but all our analystsâ top ideas this year. Itâs all part of the [New RiskHedge](. Our publisher [Dan shares all the exciting details here](. If youâre already a member of Project 5X, youâll also want to see what [this special invitation]( is all about... Chris Wood
Chief Investment Officer, RiskHedge Suggested Reading... [Just Say "No" to This Popular Dividend Stock](
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