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Connectivity, secure apps and rugged devices together. @VodafoneGroup, RugGear and @Airbus are evolving mission‑critical communications across Europe. Learn more: bit.ly/4vpYSZe



Some of my favorite names are currently underperforming for different reasons that are not bad fundamentals and that is exactly why I am interested. $ASTS is AST SpaceMobile, building the first space based cellular broadband network designed to connect ordinary smartphones directly to satellites with no special hardware. The BlueBird constellation aims to deliver true direct to device coverage across dead zones worldwide, with carrier partnerships already in place. The weakness is mechanical not fundamental. Since the SpaceX IPO, space names have been bundled into a basket that insiders are shorting to lock in gains, and ASTS gets dragged down with the group regardless of its own progress. That dislocation is the opportunity. $AAOI is Applied Optoelectronics, a vertically integrated maker of optical transceivers and networking components for hyperscale data centers, cable broadband, and telecom. As AI buildouts push bandwidth demand higher, its optics sit directly in the path of that spend. The overhang here is the roughly 600M ATM facility weighing on the stock as the market braces for dilution. That pressure should clear once the raise runs its course, and I expect the supply side drag to be largely finished soon, leaving the fundamentals to reassert. $ONDS, $KRKNF / $PNG.V and $EOS.AX span autonomous drone platforms, marine robotics and directed energy counter UAS systems, three corners of a defense complex being rearmed for a more contested world. Each occupies a real niche rather than chasing a crowded category. Defense simply is not a hot sector for capital right now, which is precisely why these are cheap. The fundamentals are sound and the positioning is strong for where spending is headed, so the patience tax today looks like a discount rather than a warning. I see all of those as very attractive entries here Will revisit in a month

























