The Rising Space Sector Is On A Dangerous Collision Course – This Company Can Save It, And Grow Your Portfolio

On November 6, I noted how a new set of satellites is about to make an important lift off.

I was speaking about SpaceX’s Starlink global constellation of 1,440 satellites to beam Web access down to Earth.

There’s just one problem with this ambitious plan. Outer space is filling up with dangerous junk.

We already have at least 3,100 dead satellites posing a risk of collision, according to the U.N.

With 10,000 new satellites slated to be launched in the next three years, the potential for danger is soaring.

Photo by NASA on Unsplash

It comes as forecasts suggest civilian space travel will boost the sector to at least $1 trillion. And just last week, Virgin Galactic Holdings Inc. (SPCE) scored a key NASA contract.

As long as the threat of collisions of up there, though, this new sector and its incredible growth potential are at risk.

Luckily, I’ve identified a company focused on keeping the crowded skies safe. It just made a key merger to become a true space traffic controller.

Let me show you why it’s set to double earnings in just a little over three years…

More Stuff, Less Space

Since the Russians launched Sputnik 1 in 1957, humans have put 9,456 satellites in space.

Today, the top five countries with operational satellites are the US, China, Russia, the UK, and Japan.

Yet even these numbers understate the true scale of what’s going on.

The militarization of space is heating up. The US and Russia are developing hypersonic missiles and potentially hypersonic manned craft and well as a new generation of communications, intelligence, lasers, and weapons.

China and India, as well as Europe and Japan, aren’t far behind.

And remember, launching satellites is only a part of SpaceX’s mission. It has carried NASA astronauts into space for several years.

SpaceX also plans to ferry civilians into space as well. Ditto Virgin Galactic, which plans suborbital manned flights starting next year. At deadline, Virgin was saying it hoped to launch a test flight on Friday, weather permitting.

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