5 VLEO Technology Stocks and Startups to Watch

2. QinetiQ Group plc (LON:QQ.L)

Latest Valuation/Funding Estimate: $2.7 billion (1GBP = 1.26USD)

QinetiQ Group plc (LON:QQ.L) is a British firm based in Farnborough, the United Kingdom. The firm has partnered up with Thales Alenia to develop altitude and orbital control technologies for the Skimsat VLEO small satellite demonstrator spacecraft. The pair has already received funding from the European Space Agency (ESA) to study the concepts. QinetiQ Group plc (LON:QQ.L) also provides defense and aviation products.