Warren Buffett just unveiled a new position in a SpaceX competitor.
The legendary investor is claiming his stake in the space boom.
Go here to see how you could do so too with “the next SpaceX.”
HEICO (NYSE: HEI) is an aerospace and electronics company.
It has risen to become a major player across different sectors.
HEICO’s components are essential in everything from commercial jets and military aircraft to industrial turbines, missile systems, targeting tech, and electro-optical devices.
With a market cap of $34 billion…
And a stock that is up 41% year-to-date (YTD)…
The company’s position in today’s market looks strong.
That’s why Buffett just invested $185.37 million.
He now owns 0.75% of HEICO’s outstanding shares.
It’s a strong vote of confidence from one of the world’s top investors.
HEICO’s entry into SpaceX’s territory makes this investment even more interesting.
Its expertise in electro-optical devices and missile components could be crucial as the space defense sector grows.
This is a sector that SpaceX also wants to dominate.
After dominating space launches…
SpaceX is now making headway in military and defense satellite tech.
The Pentagon’s Space Development Agency used SpaceX-built laser tech to enable light-speed data transfer between military satellites.
Musk’s vision is turning SpaceX into a pivotal player in defense and intelligence.
He’s challenging defense giants like Raytheon and Northrop Grumman…
… as billions flow into low-Earth orbit (LEO) satellites.
Here’s the main takeaway for investors.
Launching LEO satellites is not only a big business…
It is also offering investors the chance to make massive gains.
That’s because according to Jupiter Research…
The number of satellites is expected to almost triple in the next 5 years.
This means demand to launch LEO satellites is higher than ever.
That’s why I was thrilled to discover this hidden space company that could soon shake up the entire industry.
Thanks to its breakthrough tech…
It can launch LEO satellites at a fraction of SpaceX’s cost.
This company plans to go public in 2025.
And right now you can secure Pre-IPO shares for less than $4.00.
My research shows the stock could explode 457% after it goes public.
Simply click here for details – and grab your Pre-IPO shares asap.
Yours in Wealth,
Ian Wyatt