In this article, we will take a detailed look at the 10 Best VLEO Technology Stock and Startups to Watch in 2025.
Very Low Earth Orbit (VLEO) refers to altitudes below 450 km, much lower than traditional low Earth orbit (LEO), which typically includes altitudes between 500 km and 2,000 km. This emerging sector in the space industry offers numerous advantages, including lower latency for communications, higher-resolution imaging capabilities, and reduced launch costs. However, operating in VLEO also presents challenges such as increased atmospheric drag, requiring innovative propulsion and station-keeping technologies. VLEO technology is gaining traction as companies seek more efficient ways to deliver high-speed broadband, enhance Earth observation capabilities, and support national security initiatives. The increasing demand for global connectivity, precise geospatial intelligence, and real-time satellite-based data services is driving investments in VLEO solutions. Governments, defense agencies, and commercial enterprises alike are exploring VLEO applications for sectors such as telecommunications, agriculture, disaster response, and environmental monitoring.
From an investment perspective, VLEO-related stocks and startups offer exposure to one of the fastest-growing segments of the aerospace industry. Companies involved in VLEO range from established aerospace giants developing cutting-edge satellite technology to emerging startups focused on specialized propulsion, high-resolution imaging, and space-based communication networks. The rise of private-sector space initiatives, alongside increased government contracts, provides a strong growth outlook for businesses operating in this niche – for reference, external research boutiques such as Juniper Research estimated that investments into VLEO will reach $220 billion by 2027, from only $17 billion in 2024, implying an annualized growth rate of 135%.
Investors interested in space technology stocks should consider VLEO companies for several reasons. First, the commercialization of space is accelerating, with increasing private-sector involvement from leading firms. Second, VLEO satellites can provide more cost-effective alternatives to traditional LEO and geostationary orbit systems, creating opportunities for companies offering facilitatory or complementary technology in this space. Finally, the sector benefits from strong long-term tailwinds, including advancements in artificial intelligence, cloud computing, and 5G networks, which require faster and more efficient space-based infrastructure. With this, we will take a look at some of the best VLEO stocks to invest in.
Our Methodology
We shortlisted 10 names, which include both publicly traded companies as well as private companies and startups. We ranked the names by market capitalization or the amount of funding raised as we believe the company’s size correlates with the potential to gain a substantial market share by either facilitating or complementing the rapid growth of the VLEO technology market. For publicly traded companies we also include the number of hedge funds that own it.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 363.5% since May 2014, beating its benchmark by 208 percentage points (see more details here).
10. Vislink Technologies Inc. (NASDAQ:VISL)
Latest Valuation/Funding Estimate: $6.16 million market capitalization
Vislink Technologies Inc. (NASDAQ:VISL) is a leading provider of advanced wireless communications solutions, specializing in real-time video transmission for military, broadcast, and public safety applications. The company is well-positioned in the growing VLEO sector, offering innovative communication technologies that enable seamless, high-speed data transfer between satellites and ground-based networks. As the demand for low-latency, high-bandwidth satellite connectivity increases, Vislink’s expertise in secure, real-time video and data transmission makes it a key player in the evolving space communications market. One of the company’s competitive advantages is its leadership in mobile, satellite, and wireless communications, which are critical for VLEO-based applications. Vislink Technologies Inc. (NASDAQ:VISL) provides advanced connectivity solutions that facilitate reliable, low-latency communications, making it a preferred partner for defense, surveillance, and commercial space applications. With the expansion of VLEO satellite constellations for Earth observation, security, and broadband internet services, the company’s technology is becoming increasingly essential. VISL is one of the best VLEO stocks to buy.
From an investment standpoint, Vislink Technologies Inc. (NASDAQ:VISL) presents a high-upside opportunity in the rapidly expanding space and defense communications sector. The company has secured government contracts, built strong partnerships across aerospace and defense industries, and continues to develop next-generation transmission technologies tailored for VLEO operations. As industries ranging from military intelligence to remote sensing increasingly rely on space-based networks, the company’s role in enhancing real-time data transfer positions it for sustained growth. With its focus on cutting-edge communications and growing relevance in the VLEO ecosystem, Vislink offers investors a unique opportunity to capitalize on the future of satellite-driven connectivity. The company’s bright future is supported by management commentary during the Q3 2024 earnings call – Vislink’s solid double-digit YoY revenue growth, coupled with successful cost reduction measures, facilitated the maintenance of a strong cash position. The company is focused on achieving cash flow positivity in 2025 which is empirically a strong catalyst for stock price appreciation.
9. Aliena
Latest Valuation/Funding Estimate: $7 million funding raised
Aliena is an emerging space technology startup specializing in electric propulsion systems designed to extend the operational lifespan of VLEO satellites. One of the biggest challenges of deploying satellites in VLEO is atmospheric drag, which significantly shortens mission durations unless efficient propulsion is used for station-keeping. Aliena’s cutting-edge propulsion technology provides a cost-effective and compact solution to this problem, allowing satellites to operate in lower orbits for extended periods while maintaining stability.
The company’s proprietary Hall-effect and miniature plasma thrusters enable precise maneuvering and efficient orbit adjustments, making them ideal for the new generation of VLEO satellites focused on Earth observation, communications, and defense applications. By helping satellites stay in orbit longer while using minimal power and propellant, Aliena’s technology enhances the economic viability of VLEO-based missions. This is particularly important as demand for high-resolution imaging and low-latency connectivity grows at double-digit rates, requiring constellations that can maintain optimal operational altitudes without frequent replacements.
As more companies and governments look to deploy satellites in VLEO for commercial and security applications, efficient propulsion will be a key enabler of long-term success. Although the startup is still in its early stages with less than $1 million in annual revenue, the strong industry interest and increasing adoption of its propulsion solutions position Aliena as a critical technology provider in the rapidly expanding VLEO ecosystem, making it an attractive startup to watch in the space industry.
8. Mynaric AG (NASDAQ:MYNA)
Latest Valuation/Funding Estimate: $8.02 million market capitalization
Number of Hedge Fund Holders: 1
Mynaric AG (NASDAQ:MYNA) is at the forefront of next-generation space communications, specializing in laser-based optical communications terminals that are critical for VLEO satellite networks. As the demand for fast, secure, and high-capacity data transfer increases, traditional radio frequency systems are struggling to keep pace. MYNA’s laser communication technology offers a breakthrough alternative, enabling ultra-fast, interference-free data transmission between satellites, aircraft, and ground stations, which makes it an essential player in the expansion of VLEO-based connectivity solutions.
Mynaric AG (NASDAQ:MYNA)’s optical terminals provide high-bandwidth, low-latency communications that are well-suited for the growing number of satellite constellations in VLEO – its laser communications technology is more secure, resistant to jamming, and capable of transmitting massive amounts of data at speeds exceeding those of fiber-optic networks. As companies and governments look to deploy VLEO constellations for Earth observation, defense, and global broadband services, MYNA’s technology is becoming an indispensable component for ensuring seamless inter-satellite and satellite-to-ground connectivity, which makes it one of the best VLEO stocks on our list.
From an investment perspective, Mynaric AG (NASDAQ:MYNA) is well-positioned to capitalize on the booming space-based communications sector. With growing partnerships in aerospace, defense, and commercial satellite markets, the company is securing its place as a key supplier in the transition to laser-based satellite communications. As the VLEO ecosystem continues to evolve, MYNA’s scalable, high-speed communication solutions offer a compelling growth opportunity for investors looking to gain exposure to the future of satellite connectivity and secure data transfer.
7. Albedo
Latest Valuation/Funding Estimate: $93 million funding raised
Albedo is a cutting-edge space technology startup developing VLEO satellites designed to capture ultra-high-resolution Earth imagery. Unlike traditional satellite imaging companies, the company’s approach leverages VLEO’s lower altitudes to achieve unmatched image clarity at a fraction of the cost of existing high-resolution systems. By positioning satellites closer to the surface, Albedo can provide commercial and government customers with detailed optical and thermal imagery that was previously only available from aerial platforms or classified military satellites. The company’s strategic advantage lies in its ability to deliver 10-centimeter optical resolution, a game-changer for industries like urban planning, agriculture, defense, and disaster response. Traditional Earth observation satellites in higher orbits typically offer resolutions of 30 centimeters or more, making Albedo’s capabilities highly valuable for applications requiring precision, such as infrastructure monitoring and environmental analysis. It is one of the best VLEO stocks on our list.
As an investment opportunity, Albedo represents a compelling bet on the future of commercial Earth observation. With the growing demand for real-time, high-definition satellite imagery, industries ranging from insurance to autonomous transportation are increasingly reliant on geospatial intelligence. Albedo’s VLEO approach not only enhances image quality but also reduces latency and data costs compared to legacy systems. With regulatory approval from the US government to operate at this unprecedented level of detail, the company is poised to disrupt the remote sensing market – external research boutiques estimate a $48 billion total addressable market, implying tremendous market share gains for Albedo. With significant venture capital backing and strong market interest in high-resolution geospatial data, the company is a promising startup to watch in the rapidly evolving space economy.
6. Gilat Satellite Networks Ltd (NASDAQ:GILT)
Latest Valuation/Funding Estimate: $386.58 million market capitalization
Number of Hedge Fund Holders: 13
Gilat Satellite Networks Ltd (NASDAQ:GILT) is a global leader in satellite-based broadband communications, specializing in ground segment technology that supports high-speed connectivity across multiple industries. The company is at the forefront of enabling VLEO satellite networks, providing advanced ground infrastructure solutions that optimize data transmission from these low-altitude satellites. One of GILT’s key strengths is its expertise in satellite backhaul solutions for mobility, defense, and enterprise applications. VLEO satellites require sophisticated ground segment technology to manage the rapid movement and continuous handoff between satellites – GILT’s advanced modems, gateways, and cloud-based network management solutions ensure seamless, high-speed connectivity for users relying on VLEO satellite constellations. The company has already partnered with major satellite operators and defense organizations, demonstrating its ability to support next-generation space-based networks. As demand for low-latency, high-capacity satellite communications continues to grow, Gilat Satellite Networks Ltd (NASDAQ:GILT) is well-positioned to capitalize on the expanding VLEO market.
From an investment perspective, Gilat Satellite Networks Ltd (NASDAQ:GILT) represents an attractive opportunity in the growing satellite communications industry. The company benefits from a strong presence in emerging markets, government contracts, and long-term agreements with leading satellite operators. Additionally, as commercial and defense sectors increasingly adopt VLEO networks for real-time data applications, the company’s ground infrastructure solutions will become even more critical. With its technological expertise, expanding market reach, and strategic positioning in the VLEO ecosystem, GILT offers investors a compelling opportunity to gain exposure to the future of satellite communications. The Israeli-based company ranked 9th on a recent list of 10 Best Value Penny Stocks to Invest Now.
5. Satellogic Inc (NASDAQ:SATL)
Latest Valuation/Funding Estimate: $434.93 million market capitalization
Number of Hedge Fund Holders: 4
Satellogic Inc (NASDAQ:SATL) is a pioneering Earth observation company leveraging VLEO satellites to provide high-resolution imagery at an unmatched cost efficiency. Unlike traditional satellite operators, SATL has developed a vertically integrated approach to designing, manufacturing, and operating its own fleet of satellites to drive down costs while maintaining industry-leading imaging capabilities. By deploying VLEO satellites at lower altitudes than traditional Earth observation systems, the company delivers sharper imagery with higher revisit rates, making it a valuable resource for industries requiring real-time geospatial intelligence. With a 137% return in the past year, SATL is one of the best VLEO stocks on our list.
Satellogic Inc (NASDAQ:SATL)’s high-resolution optical satellites can capture sub-meter imagery at a global scale. This capability is critical for applications in agriculture, urban planning, natural resource management, and defense intelligence. SALT’s unique ability to offer affordable, frequent imaging is a game-changer for customers who need continuous monitoring of assets, supply chains, or environmental changes. Additionally, its use of machine learning and AI for automated data analysis further enhances the commercial value of its satellite imagery.
From an investment standpoint, Satellogic Inc (NASDAQ:SATL) is well-positioned in the rapidly expanding Earth observation market, which is projected to grow at a double-digit CAGR as demand for real-time, high-resolution satellite data increases. SATL is already making tremendous progress in gaining market share and building a strong foothold in the rapidly growing VELO market – the company signed a multi-year contract with Brazilian Air Forces in February 2025 to provide low-latency satellite imagery for defense and security operations within the Brazilian territory. We believe this event is just another confirmation of SATL’s strong execution and leading position in a promising and rapidly growing VLEO market.
4. Redwire Corp (NYSE:RDW)
Latest Valuation/Funding Estimate: $1.57 billion market capitalization
Number of Hedge Fund Holders: 7
Redwire Corp (NYSE:RDW) is a leading provider of advanced space infrastructure and services, specializing in satellite technologies that support the growing demand for space-based data, communications, and exploration. The company is strategically positioned at the intersection of space innovation and commercial satellite deployment, with a specific focus on providing solutions for VLEO missions. RDW’s portfolio includes satellite components, in-orbit services, and propulsion systems, all of which are vital to the success of VLEO constellations that require frequent orbit adjustments, real-time data transfer, and efficient energy management.
Redwire Corp (NYSE:RDW)’s offerings in the VLEO space are particularly relevant to industries that rely on high-performance satellites for Earth observation, communications, and scientific research. The company’s state-of-the-art propulsion systems and space-based manufacturing capabilities allow satellites to operate more effectively and efficiently in the unique environment of VLEO. As VLEO constellations proliferate to provide critical infrastructure for global broadband, disaster recovery, and geospatial intelligence, RDW’s expertise in advanced satellite technology ensures that these constellations will be able to maintain their orbits and optimize data throughput with minimal operational costs.
For investors, Redwire Corp (NYSE:RDW) presents a compelling opportunity due to its strong focus on space infrastructure development and its expanding role in the VLEO satellite ecosystem. The company is well-positioned to benefit from the increasing demand for in-orbit services and infrastructure that support low-latency, high-resolution satellite constellations. RDW’s potential is further enhanced by the announcement of the Edge Autonomy acquisition – during a recent M&A call, management commented that the transaction will transform RDW into a multi-domain space and defense tech company, significantly expanding their total addressable market and supporting organic growth opportunities.
3. Planet Labs Pbc (NYSE:PL)
Latest Valuation/Funding Estimate: $1.81 billion market capitalization
Number of Hedge Fund Holders: 8
Planet Labs Pbc (NYSE:PL) is a dominant player in the commercial satellite imaging industry, leveraging VLEO technology to provide high-frequency, high-resolution Earth observation data. With a fleet of over 200 small satellites, known as “Doves”, “Pelicans”, and “SkySats”, the company has built the world’s largest Earth imaging constellation, enabling daily global coverage with a sharper image quality and faster revisit times, making its data hyper-important for industries like agriculture, defense, urban planning, and environmental monitoring. The California-based company ranked fourth on a recent list of 15 Industrial Stocks Skyrocketing So Far In 2025.
One of Planet Labs Pbc (NYSE:PL)’s biggest competitive advantages is its ability to offer near real-time geospatial intelligence at scale. The company’s satellites capture imagery with resolutions ranging from 3 to 50 centimeters, providing governments, businesses, and researchers with unprecedented insights into land use, climate change, disaster response, and geopolitical developments. This high revisit frequency gives Planet Labs Pbc (NYSE:PL) a strong edge in the growing demand for real-time Earth observation data, particularly for industries that require constant monitoring and change detection.
As an investment, Planet Labs Pbc (NYSE:PL) stands out due to its subscription-based revenue model, which provides steady, recurring income from commercial and government clients. The increasing adoption of satellite-based analytics for supply chain management, precision agriculture, and national security makes PL a key player in the expanding geospatial intelligence market. The company’s edge in this space is already confirmed by record-high bookings reported during the recent 3Q 2024 earnings call. Here’s what Management said:
“In summary, we won multiple large contracts with government customers that we believe positions us to reaccelerate growth as those contracts ramp and expand. On the product front, we’ve made improvements to our core daily scan data. We’re capturing a powerful new data set with our first Tanager satellite, which we expect to commercialize in the months ahead, and we plan to launch our next Pelican satellite shortly. Finally, the adoption of AI-enabled solutions amongst both government and commercial customers is growing. We’re focused on leveraging our platform and partners to nurture this adoption, increase customer value, expand the addressable market and ultimately build greater predictability and growth into the business.”
2. AST Spacemobile Inc. (NASDAQ:ASTS)
Latest Valuation/Funding Estimate: $6.43 billion market capitalization
Number of Hedge Fund Holders: 18
AST SpaceMobile Inc. (NASDAQ:ASTS) is revolutionizing global connectivity by developing the first space-based cellular broadband network designed to provide direct-to-device internet access. The company’s technology allows standard mobile phones to connect directly to its VLEO satellites, eliminating the need for ground-based infrastructure in remote and underserved regions. This breakthrough has the potential to bridge the global digital divide, offering seamless coverage in areas where traditional cellular networks struggle to reach.
The company’s constellation, known as BlueBird, will operate in VLEO, significantly reducing signal latency compared to higher-altitude satellite networks. By maintaining a closer orbit to Earth, ASTS can provide faster data speeds and lower latency, making it a game-changer for mobile network operators looking to expand their coverage without costly terrestrial infrastructure. ASTS has already secured partnerships with leading telecom providers, including AT&T, Vodafone, and Rakuten, signaling strong industry demand for its services. It is one of the best VLEO stocks on our list.
From an investment standpoint, AST SpaceMobile Inc. (NASDAQ:ASTS) represents a high-risk, high-reward opportunity in the rapidly growing satellite communications sector. During the recent 3Q 2024 earnings call, management issued strong guidance and outlined some ambitious targets to accelerate the company’s growth – the company secured launch agreements with Blue Origin and SpaceX for up to approximately 60 satellites to be launched during 2025 and 2026, enabling continuous space-based cellular broadband service coverage in key markets including the United States, Europe, Japan, and other strategic markets. Financially, the company ended Q3 2024 with $518.9 million in cash, its highest cash balance to date, providing flexibility to pursue strategic objectives. The company ranked second on a recent list of 15 Hot Tech Stocks to Buy Right Now.
1. L3Harris Technologies Inc. (NYSE:LHX)
Latest Valuation/Funding Estimate: $37.50 billion market capitalization
Number of Hedge Fund Holders: 40
L3Harris Technologies Inc. (NYSE:LHX) is a leading defense contractor and aerospace technology company with a strong presence in satellite communications, electronic warfare, and space-based intelligence. The company plays a crucial role in the VLEO sector through its advanced satellite solutions designed for military, intelligence, and commercial applications. As governments and private entities increasingly rely on VLEO satellites for real-time surveillance, reconnaissance, and secure communications, LHX stands to benefit from growing demand in this specialized space domain. The US-based company ranked fifth on a recent list of 10 Best Space Stocks To Buy According To Analysts.
From an investment standpoint, L3Harris Technologies Inc. (NYSE:LHX) is an attractive play on both the VLEO trend and broader defense sector growth. One of the company’s key advantages in the VLEO market is its expertise in compact, resilient satellite technology. LHX has been developing next-generation small satellites optimized for VLEO operations, providing high-resolution imaging, rapid data transmission, and enhanced situational awareness. Unlike traditional geostationary satellites, VLEO satellites operate at much lower altitudes, offering superior image clarity and reduced signal latency, which is particularly valuable for defense and intelligence agencies. The company benefits from long-term government contracts, steady cash flows, and a commitment to innovation, making it a relatively stable option in the aerospace and defense industry. Furthermore, as geopolitical tensions drive increased military spending on space-based assets, the company is well-positioned to capture a significant share of this expanding market. With its strong track record, robust financials, and leadership in high-tech satellite solutions, LHX represents a compelling investment opportunity for those seeking exposure to the rapidly evolving VLEO and defense technology landscape.
In the fourth quarter of 2024, L3Harris Technologies Inc. (NYSE:LHX) delivered on its 2024 commitments by executing its Trusted Disruptor strategy and making progress towards its 2026 framework, ending the year with a record backlog. LHX achieved revenue of $21.3 billion, up 10% and 4% organically, with a segment operating margin of 15.4%. For 2025, management expects organic growth of 4% at the midpoint, with segment operating margin anticipated to be mid-to-high 15%. The company exceeded its gross cost savings target by 2x, reaching $800 million in 2024, and now expects to achieve $1.2 billion in cumulative cost savings by the end of 2025, exceeding its $1 billion commitment from a year ago. Looking ahead to 2026, LHX has updated its financial framework, increasing segment operating margins to a low 16% while targeting $23 billion in sales and $2.8 billion in cash, representing a double-digit CAGR – the optimistic long-term guidance represents a strong signal that long-term tailwinds, including from exposure to VLEO, are starting to play out.
Overall L3Harris Technologies Inc. (NYSE:LHX) ranks first on our list of the best VLEO technology stocks and startups to watch in 2025. While we acknowledge the potential of LHX as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than LHX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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