Recently, I’ve been paying attention to a very interesting investment theme—low Earth orbit satellite concept stocks are exploding. I noticed that stocks like Shengda Technology, Kangxu, and Zhaoheng have recently experienced fierce price surges, which actually reflect a huge opportunity as the entire space industry enters its commercial launch year.

2026 is truly a critical turning point. The global low Earth orbit satellite market is shifting from deployment to large-scale commercial use, coupled with the rise of new concepts like direct-to-phone satellites, space AI data centers, and a surge in defense demands, causing the market size to expand rapidly. Goldman Sachs predicts that the overall satellite industry will grow from the current $15 billion to $108 billion by 2035, a growth of over 7 times. This number illustrates what a real blue ocean opportunity looks like.

Taiwan’s position in this race is actually more frontline than many people think. Our supply chain has long been deeply embedded in the systems of international giants like Starlink, OneWeb, and Kuiper. This isn’t a recent development but the result of years of accumulation. The current issue is that these layouts are finally starting to monetize.

Speaking of specific low Earth orbit satellite concept stocks, I think they can be viewed from three angles: upstream, midstream, and downstream. Upstream involves satellite manufacturing and launch services, where Taiwanese companies play a core role in precision components and structural parts. For example, Shengxin Electronics does RF module testing and packaging, Shengda Technology makes filters, and Wusung is a PCB leader supplying SpaceX—all directly supplying international giants. Midstream includes ground receiving equipment and data processing; Taiwan Yang’s transceivers have already been integrated into Telesat’s system, Qi Qi is an important supplier in the Starlink supply chain, Zhaoheng supplies receivers, and Kangxu is involved in satellite and ground power supply. Downstream covers communication services and applications—Chunghwa Telecom offers OneWeb services, and Zhongqi provides user terminal data solutions.

If I had to pick the top three low Earth orbit satellite concept stocks to watch, I would choose EchoStar, Taiwan Yang, and Shengxin Electronics. EchoStar is itself a major satellite communications company; its subsidiary Hughes Network provides global broadband services. It is now integrating LEO satellites with hybrid architectures, and in 2025, it reached a $17 billion deal with SpaceX. This move indicates strong market confidence in LEO satellites. Taiwan Yang is a veteran RF communication equipment manufacturer, holding a significant position in the ground terminal market for low Earth orbit satellites. Their strategy has two phases: the first phase, already in mass production in 2023; the second phase, developing complete user terminal devices, is expected to become a key growth driver starting in 2026. Shengxin Electronics has been supplying RF modules to Starlink since 2019, and with SpaceX accelerating its launch schedule, related orders are expected to increase year by year.

My observation is that this wave of low Earth orbit satellite concept stocks is not short-term speculation but a genuine industry upgrade. Taiwanese companies have already proven their technical strength to directly supply cutting-edge aerospace projects. The next step is the process of order scaling. If you’re looking for targets with high technical barriers and clear order visibility, these low Earth orbit satellite concept stocks are definitely worth keeping on your radar.