Will This $3 SpaceX Supplier Really Gain 3,000%?

Ross Givens claims he's found a sub-five-dollar company SpaceX cannot survive without. This is all in his new presentation called Dark Science. SpaceX reportedly relies on the company to power critical parts of the Starlink network. >> [snorts] >> Ross believes the stock could eventually gain nearly 8,000%. He wants you to pay for the stock, but I figured it out and reveal it here for free. Before we do anything, let's look at Ross's track record to see how good he is. He recommended gaming stock Roblox back in January 2024. It has been a crazy ride since then, but it is currently up slightly. Then he recommended SoundHound in April 2024. That one has also been on a crazy ride, but investors had a decent amount of time to sell and lock in big gains. The same thing happened with Oaklo in November 2024. The stock surged after his recommendation and has cooled off since. However, it is still up more than 100%. Now, let's quickly look at the clues from Ross's presentation and figure out the stock. This pitch is a picks and shovels play on SpaceX and possibly the space economy as a whole. Ross claims Starlink needs to be able to transmit huge amounts of data through rain, clouds, and atmospheric interference without overheating. Apparently, the company he's pitching makes semiconductor and RF technology that allows the satellites to operate in these conditions. Ross also claims this company could potentially grow beyond its relationship with SpaceX to other satellite and space companies like AST Space Mobile, Amazon, and more. Here are the more specific clues Ross leaves us to figure out the stock. Fewer than 200 employees. Every manufacturing line is reportedly operating for SpaceX. SpaceX allegedly depends on its amplifiers for Starlink ground station gateways. Revenue more than double last year. Profits nearly quadrupled. Zero debt and significant cash. Around 90% of expected annual revenue is already covered by contracts and confirmed orders. It recently received its largest contract ever worth more than $62 million with revenue extending through 2028. It signed another multi-million dollar development agreement with an undisclosed US satellite company, possibly a Starlink competitor. It also produces advanced radar modules for fighter jets, naval vessels, and other defense systems. All analysts covering the stock reportedly rated a buy. I'm going to reveal the stock in 15 seconds, but just want to quickly tell you about my new ebook series. If you want to invest in the space economy, I created a seven ebook series covering rocket companies, satellites, defense plays, picks and shovels stocks, and 60 ranked space stocks. The entire series is just $39. Link below. This is Filtronic, ticker FLTCF as an over-the-counter stock or FTC on the London Exchange. Filtronic is a small British technology company that designs and manufactures advanced radio frequency, microwave, and millimeter wave components that help transmit large amounts of data quickly and reliably. Its products include power amplifiers, filters, and transceiver modules used across satellite communications, telecommunications infrastructure, aerospace, and defense. Filtronic has operated in RF technology for more than 40 years, but its profile changed dramatically after forming a strategic partnership with SpaceX in 2024. The company now supplies E-band power amplifiers for SpaceX's Starlink network and has received several major orders, including a $62.5 million contract announced in 2025. Filtronic also sells technology into defense, aerospace, and critical communications markets, giving it exposure beyond the commercial space industry. Here's why investors are excited about this stock. First is SpaceX validation. The biggest reason to like Filtronic is that its technology has already been validated by SpaceX. Starlink reportedly depends on the company's powerful E-band amplifiers, and SpaceX has committed significant production capacity and funding to the relationship. Second is small company, big contracts. Filtronic is still a tiny business, so major orders can transform its financial results. Revenue more than doubled, profits nearly quadrupled, and its largest contract worth over $62 million extends through 2028. Next is the next generation opportunity. The current business mainly supports Starlink ground stations, but Filtronic is developing technology that could eventually reach millions of consumer terminals on homes, aircraft, ships, and RVs. And last is more than space. Filtronic also serves defense, aerospace, and critical communications, giving it multiple ways to grow beyond one customer or market. The bull case is simple. Filtronic owns scarce technology at the center of several massive growth trends. Here's the hidden risks Ross won't tell you about. First is one customer, huge risk. Filtronic's biggest strength is also its biggest weakness. SpaceX appears to account for a major portion of its growth, giving one powerful customer enormous leverage over pricing, orders, and future contracts. Second is development isn't deployment. The next generation opportunity sounds enormous, but research funding does not guarantee mass production. Filtronic still has to prove its technology will be selected for millions of consumer terminals. Next is scaling can get expensive. Moving from specialized lower volume products into large-scale manufacturing could require new facilities, equipment, and employees. Any delays, quality problems, or cost overruns could quickly pressure margins. And finally, expectations are already high. Investors now know about the SpaceX relationship, rapid growth, and massive potential market. That means the stock could be vulnerable if orders slow, contracts are delayed, or results fail to match the hype. The bear case is simple. Filtronic may be a promising company, but much of its future depends on one customer and opportunities that have not fully materialized yet. All right, so what do I think about everything? First, let's address the man who's actually making the claim, Ross Givens. In my analytics, it actually says his audience and my audience overlap quite a bit. Ross makes slick YouTube videos, and they're quite compelling. Additionally, you can run his name through the SEC database and see that he does actually have the credentials to work in finance and securities. This is more than most people can say on YouTube. However, I did a video on him last week, and a bunch of people commented claiming he was a VP at a prestigious Wall Street bank. He states this in his bio as well. I don't think this is true. You can search his work history on the SEC website and combined he has about 2 years of experience in finance. He didn't seem to stay at any company for more than a few months with his longest experience being at JP Morgan in Dallas for 10 months. I highly doubt he was ever a VP at JP Morgan with so little experience. Ross typically comments when I do a video on him, so if you're watching and want to clarify this, you can. But Ross does have professional experience and again, that's more than most YouTubers. The other thing I want to warn you about with Ross is his massive upsells. I actually used to write reviews about investing services before YouTube and I reviewed his $5 service probably four or five years ago. During the period I reviewed it, it did not perform well. He recommends trading over short periods such as a few months and it just didn't do well. The $5 price tag makes it seem like a good deal, but that's just bait to get you into a sales funnel. After you buy, you're going to be pressured to join one of his many services that cost several thousand dollars per year. If you want to test his $5 service, be my guest. Maybe the market wasn't good for his strategy when I reviewed it years ago, but you should never pay thousands of dollars for stock picks. When you pay for stock research, you're eating into your gains. Therefore, you should never pay more than 1% or 2% of your total portfolio to avoid losing to the market. Most of Ross's upsells are around $5,000 a month, so you would need at least $250,000 to invest for those services to make sense. I haven't reviewed them, so I don't even know if they beat the market. Anyway, I don't want to disparage Ross, but I care about whether you guys are overpaying for services. It's the entire reason I started this channel. As for today's investment, I do find it interesting. Picks and shovels plays are my favorite way to invest and picks and shovels AI stocks have done well for me so far. However, it's hard to get past the fact that this company relies so heavily on SpaceX. It accounts for around half of Filtronic's revenue. Obviously, that's a great customer to have, but Elon is known to build a lot of components in-house. Therefore, there could come a day when Filtronic loses that revenue or Elon flexes his muscles and gets the company to lower its prices. Filtronic is trying to diversify away from SpaceX and does have contracts and programs with Airbus, Viasat, and the European Space Agency in space communications, as well as Leonardo, BAE Systems, and Chunichi Q in defense. That's a good start, along with its plans to move into more sectors, such as consumer terminals for homes, aircraft, ships, and RVs. Overall, I think this is a perfect watch list stock. While it's on your watch list, track the following. The first thing to track is how much of Filtronic's revenue still comes from SpaceX. The ideal scenario is that SpaceX keeps ordering while new customers gradually reduce that concentration risk. Also, watch for new SpaceX contracts, extensions, and repeat orders. If major orders stop appearing, that could signal that demand is slowing. Additionally, Filtronic has several promising next-generation products, but development deals are not enough. Investors should look for qualification milestones followed by large production contracts. Filtronic needs meaningful business outside SpaceX. Repeat orders from defense companies and other satellite operators would prove the company can become more diversified. Also, a strong backlog gives Filtronic visibility into future revenue. However, the company must keep replacing completed contracts with new orders. Next, Filtronic is investing in employees, facilities, and new products, which can temporarily pressure profitability. Investors should look for margins to recover as revenue and production volumes increase. And finally, the strongest bullish signal would be major repeat orders from new customers while SpaceX demand remains strong. The biggest warning would be SpaceX slowing down before those other customers become meaningful. Before you go, if you want to learn more about the space economy, check out my space investing ebook series. You'll get seven ebooks covering the top rocket, satellite, defense, and picks and shovel stocks, plus rankings of 60 space companies and model portfolios for different risk levels. The entire series is just $39. Click the link below to get it today.