10 Best Space Exploration Stocks to Buy Now

4. Teledyne Technologies Incorporated (NYSE:TDY

Number of Hedge Fund Holders: 51

Teledyne Technologies Incorporated (NYSE:TDY) will acquire TransponderTech from Saab AB to diversify its maritime solutions offering. The Swedish firm focuses on AIS, VDES, and GNSS technologies, including solutions for GPS/GNSS spoofing and jamming. TransponderTech will join Teledyne FLIR’s Maritime division, which also comprises Raymarine, FLIR Marine, and ChartWorld. Grégoire Outters, VP and GM of Teledyne FLIR Maritime, stated:

“Adding TransponderTech’s advanced AIS, VDES, and GNSS technologies should enhance the safety, efficiency, and operational reach of our customers at sea.”

The acquisition is scheduled to close in Q4 2025 and represents Teledyne Technologies Incorporated (NYSE:TDY)’s third company carve-out in 2025.

TransponderTech is a SOLAS-certified maritime communications leader, pioneering next-generation AIS with VDES, which provides improved safety and global satellite coverage. The acquisition enhances Teledyne Technologies Incorporated (NYSE:TDY)’s involvement in maritime security and navigation, thereby broadening its global technological footprint. The firm is already active in ECDIS, radars, and thermal imaging. It is among the Best Space Stocks.