This is a innovative micro-cap in deep pockets, and, has a durable business. The stock has collapsed ~93% over the past year and ~86% in the last six months, and is now trading near its 52-week low. My primary stance is cautious — this is a high-risk, pre-revenue situation where the recent bounce looks like a dead-cat technical rebound, not a fundamental turn.
What the company actually is
Starfighters Space is a commercial aerospace company operating a fleet of F-104 supersonic jets. Its stated business is pilot/astronaut training, flight testing, and launch services, with ambitions in hypersonic research and space access. It's headquartered at the Kennedy Space Center in Florida and listed on AMEX.
Xueqiu
The key catalyst the market is watching: a planned StarLaunch I / F-104 integration and first air-drop/separation test (drop test) in Q4 2026 , plus five commercial/research flight-test missions in Q3–Q4.
The thesis hinges entirely on whether these missions actually execute and start generating revenue.
Comments