On the 17th (local time), the American investment media outlet Motley Fool pointed out three stocks that could become the second Palantir Tech (NAS: PLTR) on the New York Stock Exchange. Like Palantir, these are stocks that combine the technology sector and the defense industry.
(Seoul = Yonhap Infomax) Reporter Jaeheon Lee = On the 17th (local time), the American investment media outlet Motley Fool pointed out three stocks that could become the second Palantir Tech (NAS: PLTR) on the New York Stock Exchange. Like Palantir, these are stocks that combine the technology sector and the defense industry.
Motley Fool first introduced Black Sky Technologies (NYS: BKSY), a proprietary platform that combines high-frequency satellite monitoring with automated AI-based analytics. It specializes in real-time space-based intelligence, delivering actionable insights from satellite imagery in less than 90 minutes on average. It is also a competitor to Palantir.
Black Sky has signed multi-year contracts worth up to $2.3 billion with U.S. and international government agencies, the outlet explained. It added that the stock price has risen 40% over the past year. However, considering the future sales growth, it is evaluated as a buy.
Next, Redwire (NYS:RDW) was mentioned. It emphasized that its stock price increase rate of 690% over the past year was better than Palantir. As a key supplier of space infrastructure, it was analyzed that it provides essential components for national security based on AI and advanced manufacturing capabilities.
The media outlet reported that “Redwire’s competitive advantage comes from its power generation system, structure/mechanism, and comprehensive space technology,” and that “it is expanding the scope of its technology application by securing partnerships with major customers such as NASA and SpaceX.”
Archer Aviation (NYS:ACHR) was also added as a stock to consider investing in. It was diagnosed as a strategic shift from electric vertical takeoff and landing (eVTOL) aircraft to defense applications. It added that it raised $300 million from various institutional investors including BlackRock earlier this year, bringing its total liquidity to $1 billion.
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