Peter Thiel is always a guy worth tracking.
Investing in just one of the companies he backs has already netted me nearly a 200% return on my recommendation. And if you follow the breadcrumbs, I can point you toward another profitable program.
I’m talking about Project Wingman.
Project Wingman is the effort by the U.S. military to partner manned combat jets with AI-powered drones. These drones can provide all kinds of help and cover to their manned counterparts, including reconnaissance, targeting, distractions, jamming, and even lethality.
It’s an initiative — also called Collaborative Combat Aircraft — that the Pentagon is all-in on.
And Peter Thiel is already making a fortune off of it.
His Founders Fund is now in talks with Anduril Industries and a web of well-heeled investors to raise $1.5 billion in what would be one of the year’s largest funding rounds not exclusively focused on AI.
In fact, there was $5 billion worth of demand from investors for the deal, according to those involved, but the company chose to take a smaller sum. However, even with the lesser amount, Anduril is approaching $14 billion in value. Join Wealth Daily today for FREE. We’ll keep you on top of all the hottest investment ideas before they hit Wall Street. Become a member today, and get our latest free report: “Guardians of Growth: 3 Defense Contractors for Savvy Investors.” After getting your report, you’ll begin receiving the Wealth Daily e-Letter, delivered to your inbox daily.The Best Free Investment You’ll Ever Make
It contains full details on the three companies that are set to provide explosive growth in the defense sector over the next Decade.
Why?
Because Anduril — a company co-founded seven years ago by Oculus headset creator Palmer Luckey — was one of two finalists to pursue the Air Force’s Project Wingman program. The other was another firm called General Atomics.
Unfortunately for investors, these are both private companies. The good news, though, is that there are publicly traded stocks that stand to benefit.
I know because I’ve got one in the Secret Stock Files portfolio that’s up over 100% and another that’s up 36% since I recommended it. In fact, more than 20 companies are racing to get a piece of Project Wingman.
Make no mistake, this is a $6 billion effort that aims to deliver at least 1,000 collaborative combat aircraft to the Pentagon just to start.
It’s money well spent, considering the F-35 program is set to cost $1.6 trillion over the course of its life. That’s the cost of fielding the most advanced fighter jets in the world — jets that would destroy anything Russia or China has if we ever came to blows.
The flip side of that, though, is that we can’t really afford to have these jets shot down. That’s why we’re pairing them with cheaper, autonomous drones that can carry out riskier tasks.
They cost just a fraction of what the F-35 and other fifth-generation aircraft do. But they’re still capable of performing all those risky tasks I mentioned, which makes them invaluable.
And like I said, I’ve already recommended two stocks that are heavily involved with the Project Wingman program — and both have taken off, so to speak.
Of course, if you didn’t catch my initial report, you can find it here. Check it out if you haven’t already. I promise it’s well worth your time.
Fight on, Jason Simpkins Simpkins is the founder and editor of Secret Stock Files, an investment service that focuses on companies with assets — tangible resources and products that can hold and appreciate in value. He covers mining companies, energy companies, defense contractors, dividend payers, commodities, staples, legacies and more… In 2023 he joined The Wealth Advisory team as a defense market analyst where he reviews and recommends new military and government opportunities that come across his radar, especially those that spin-off healthy, growing income streams. For more on Jason, check out his editor’s page. Be sure to visit our Angel Investment Research channel on YouTube and tune into Jason’s podcasts. Want to hear more from Jason? Sign up to receive emails directly from him ranging from market commentaries to opportunities that he has his eye on.