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Why UFO Was Built Without an SPV
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Space: An Industry in Acceleration
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A Satellite Used to Be a Mirror. Now It Is a Router.
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The Real UFO Story Behind Disclosure Day
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Space vs. Aerospace & Defense: Which Deserves a Spot in Your Portfolio?
Thousands of investors just got in on SpaceX*, but they’re missing out on the bigger picture. The space industry beyond SpaceX we believe has the diversification and commercial upside to compete with traditional aerospace investments in portfolios across the board.
SpaceX’s initial public offering on June 12th, 2026 raised nearly $75 billion1 with a valuation of $1.8 trillion,2 a figure that many still cannot fathom. While SpaceX brought attention to the space industry, evaluating investment in space through SpaceX alone is grossly misleading. Investors who focus on just SpaceX are skipping the actual comparison that may put space ahead of classic aerospace and defense (A&D) investments: revenue dependence and what that means for an investor’s exposure.
Throughout the A&D industry, government reliance provides the risk of a singular revenue stream. In FY2025, U.S. government customers accounted for approximately 72% of Lockheed Martin’s* consolidated sales.3 Northrop Grumman’s* government-concentrated sales are historically cited around 95% to 98%.4 Investors should not ignore this massive concentration risk. Lockheed Martin’s own FY2024 10-K filing admits that any decision by the U.S. or other allied governments to cut spending would have an adverse impact on the company’s business.5 This is not a hypothetical situation. During the Federal government’s shutdown in 2025, General Dynamics* was forced to enter the commercial paper market to cover non-payment issues.6
SpaceX, in a way, faces this same risk as a leading player in the space industry. What sets SpaceX apart from the A&D majors is the scale of its commercial revenue: its Starlink business alone generated $11.4 billion in 20258 — about 61% of the company’s roughly $18.7 billion in total revenue — which offsets its government dependency.7
The key factor that investors have missed in comparing space and A&D is that space generates about 78% of its revenues from commercial applications and only 22% from governments.9
The Procure Space ETF® (ticker: UFO) demonstrates the diversity of the space industry. As the first pure-play space exchange-traded fund, its holdings include rocket and satellite manufacturers, as well as other space-related communications and industrial firms:
How UFO’s holdings break down across industry sectors.10
As of June 30, 2026
The Procure Space ETF® is a more complete visualization of what the space industry really is, much more commercialized and innovative rather than federally reliant. To capture the breadth of the industry, UFO has grown from 30 holdings to 64 as of June 2026,10 and its assets under management grew from $33 million to over $1 billion between the end of 2024 and May 2026.11
A McKinsey & Company report estimates the global space economy to reach $1.8 trillion by 2035, up from $630 billion in 2023.12 This is nearly twice the projected rate of global GDP growth and is just the beginning.
UFO’s pure play, diversified constituent base means no single company, including SpaceX itself, drives the fund’s performance. While space stocks broadly saw volatility around SpaceX’s June IPO, UFO’s construction spreads that exposure across dozens of companies rather than concentrating it in one name.
As of June 30, 2026, UFO’s year to date NAV Return was 31.76% and Market Value Return was 31.25%.13
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 866-690-ETFS (3837).
The comparison between space and A&D is one of diversification and investor exposure. Investors with different needs and tolerances may pursue one sector or another. Regardless, it seems like space is destined for the stars.
*As of July 14, 2026, Space Exploration Technologies Corp (SPCX) was a 4.70% holding, Northrop Grumman Corp (NOC) was a 2.68% holding, Lockheed Martin Corp (LMT) was a 2.62% holding, and General Dynamics Corp (GD) was a 0.00% holding in the Procure Space ETF® (NASDAQ: UFO).
For a complete list of holdings in UFO, visit: https://procureetfs.com/ufo/. Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Please consider the Fund’s investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Fund’s summary prospectus and prospectus, which can be obtained by visiting procureetfs.com. Read carefully before you invest.
Investing involves risk. Principal loss is possible. The Fund is also subject to the following risks: Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
Aerospace and defense companies can be significantly affected by government aerospace and defense regulation and spending policies. The exploration of space by private industry and the harvesting of space assets is a business based in future and is witnessing new entrants into the market. Investments in the Fund will be riskier than traditional investments in established industry sectors. The Fund is considered to be concentrated in securities of companies that operate or utilize satellites which are subject to manufacturing delays, launch delays or failures, and operational and environmental risks that could limit their ability to utilize the satellites needed to deliver services to customers. Investing in foreign securities are volatile, harder to price, and less liquid than U.S. securities. Securities of small- and mid-capitalization companies may experience much more price volatility, greater spreads between their bid and ask prices and significantly lower trading volumes than securities issued by large, more established companies. The Fund is not actively managed so it would not take defensive positions in declining markets unless such positions are reflected in the underlying index. Please refer to the summary prospectus for a more detailed explanation of the Funds’ principal risks. It is not possible to invest in an index.
UFO is distributed by Quasar Distributors LLC.
By ProcureAM Research
American companies are doing some of the most exciting work in space today, and a remarkable number of them are in one place, the Procure Space ETF® (NASDAQ: UFO). UFO is the world’s first pure-play exchange-traded fund focused on the global space economy. It holds U.S. names spanning launch, satellites, lunar landers, and aerospace. As the country marks its 250th birthday this Fourth of July, it is a fitting moment to meet some of the American companies inside the fund.
The new pioneers. A generation of American companies is doing the early, uncertain work of making space routine. SpaceX* builds and launches reusable rockets. Rocket Lab* builds and launches its own spacecrafts. Planet Labs* operates Earth-imaging satellites. Firefly Aerospace* and Intuitive Machines* are both reaching for the Moon, AST SpaceMobile* is working to connect everyday phones directly to satellites, and Redwire* builds the hardware and infrastructure other space companies rely on. Most of them did not exist a generation ago.
The established builders. The names behind American aerospace are here too. Boeing*, Lockheed Martin*, and Northrop Grumman* carry decades of engineering experience. They provided the institutional backbone that helped turn space from a national ambition into a working industry.
The connectivity layer. Much of space is delivered on the ground. Iridium Communications* and Globalstar* keep aircraft, ships, and remote regions connected, and Trimble* turns satellite positioning into precision tools for farming, construction, and surveying. It is the quiet layer most people use without noticing.
Chasing the next frontier has always been part of the American spirit. We are proud the Procure Space ETF® holds the American companies highlighted above along with many others. Happy Fourth of July!
To learn more about the space companies found within the Procure Space ETF® (NASDAQ: UFO), please visit www.ProcureETFs.com.
Important Information
*As of June 17, 2026, SpaceX (SPCX) was a 6.17% holding, Rocket Lab (RKLB) was a 5.03% holding, Trimble (TRMB) was a 4.96% holding, AST SpaceMobile (ASTS) was a 4.91% holding, Planet Labs (PL) was a 4.46% holding, Globalstar (GSAT) was a 3.04% holding, Iridium Communications (IRDM) was a 2.92% holding, Boeing (BA) was a 2.56% holding, Northrop Grumman (NOC) was a 2.46% holding, Lockheed Martin (LMT) was a 2.44% holding, Firefly Aerospace (FLY) was a 2.41% holding, Intuitive Machines (LUNR) was a 2.20% holding, Redwire (RDW) was a 1.86% holding in the Procure Space ETF® (NASDAQ: UFO).
For a complete list of holdings in UFO, visit: https://procureetfs.com/ufo/. Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Please consider the Fund’s investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Fund’s summary prospectus and prospectus, which can be obtained by visiting procureetfs.com. Read carefully before you invest.
Investing involves risk. Principal loss is possible. The Fund is also subject to the following risks: Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
Aerospace and defense companies can be significantly affected by government aerospace and defense regulation and spending policies. The exploration of space by private industry and the harvesting of space assets is a business based in future and is witnessing new entrants into the market. Investments in the Fund will be riskier than traditional investments in established industry sectors. The Fund is considered to be concentrated in securities of companies that operate or utilize satellites which are subject to manufacturing delays, launch delays or failures, and operational and environmental risks that could limit their ability to utilize the satellites needed to deliver services to customers. Investing in foreign securities are volatile, harder to price, and less liquid than U.S. securities. Securities of small- and mid-capitalization companies may experience much more price volatility, greater spreads between their bid and ask prices and significantly lower trading volumes than securities issued by large, more established companies. The Fund is not actively managed so it would not take defensive positions in declining markets unless such positions are reflected in the underlying index. Please refer to the summary prospectus for a more detailed explanation of the Funds’ principal risks. It is not possible to invest in an index.
UFO is distributed by Quasar Distributors LLC.
By ProcureAM Research
Most investors hear about a space company right around the time everyone else does. The press cycle catches up, the analysts initiate coverage, and your buddy at the gym suddenly has opinions about satellite constellations.
The Procure Space ETF® (NASDAQ: UFO) tracks an index built to include pure-play space companies earlier than that. On June 16th, 2026, the VettaFi Space Index℠ completed its latest reconstitution and added a fresh batch of names. You may not have heard of these companies yet but give them a couple of years.
The pattern
Rocket Lab* now makes up 5.03% of the Procure Space ETF®, as of June 19th, 2026. AST SpaceMobile* accounts for 4.91%, Intuitive Machines* is 2.20%, and Redwire* is 1.86%. Each company was in UFO years before they made it onto most investors’ radar.
That is not the fund manager getting lucky four times. It is the methodology doing its job.
How a pure-play index filters stocks
While aerospace funds may include firms that have space exposure through government contracts and missiles, it’s often just a small part of their business.
UFO uses a different strategy. The VettaFi Space Index℠ defines the space category and which companies qualify. The index requires constituents to derive a meaningful share of revenue from space. Roughly 80% of the index consists of companies where space IS the business. The other 20% of firms have diversified exposure with real space ties. The result: when a pure-play company goes public or grows into the liquidity thresholds, the index picks it up.
Five new constituents worth a look (from the June 16 reconstitution):
Each company cleared the same pure-play threshold that brought Rocket Lab into the index years ago. That is the methodology working as designed.
The bigger picture
The space economy hit a record $613 billion in 2024,1 with private investment crossing $45 billion in 2025.2 Aranca projects the sector to reach $1.8 trillion by 2035.3 A lot of that growth will arrive as new public companies.
The space economy is too big to predict and too important to miss. UFO is built for that challenge.
See the full lineup of Procure Space ETF® constituents at procureetfs.com/ufo.
1 Space Foundation, Space Report Q2 2025
2 Space IQ, 2026
3 Aranca, July 2025
Important Information
The VettaFi Space Index℠ is a modified capitalization-weighted, free float- and space revenue percentage-adjusted equity index designed to serve as an equity benchmark for a globally traded portfolio of companies that are engaged in space-related business. It is not possible to invest in an index.
*As of June 17, 2026, AST SpaceMobile (ASTS) was a 4.91% holding, Filtronic PLC (FTC LN) was a 0.61% holding, Frequency Electronics (FEIM) was a 0.26% holding, Hawkeye 360 (HAWK) was a 1.30% holding, Intuitive Machines (LUNR) was a 2.20% holding, OHB SE (OHB GR) was a 0.40% holding, Redwire Corp (RDW) was a 1.86%, Rocket Lab Corp (RKLB) was a 5.03% holding, York Space Systems (YSS) was a 2.24% holding in the Procure Space ETF® (NASDAQ: UFO).
For a complete list of holdings in UFO, visit: https://procureetfs.com/ufo/. Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Please consider the Fund’s investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Fund’s summary prospectus and prospectus, which can be obtained by visiting procureetfs.com. Read carefully before you invest.
Investing involves risk. Principal loss is possible. The Fund is also subject to the following risks: Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
Aerospace and defense companies can be significantly affected by government aerospace and defense regulation and spending policies. The exploration of space by private industry and the harvesting of space assets is a business based in future and is witnessing new entrants into the market. Investments in the Fund will be riskier than traditional investments in established industry sectors. The Fund is considered to be concentrated in securities of companies that operate or utilize satellites which are subject to manufacturing delays, launch delays or failures, and operational and environmental risks that could limit their ability to utilize the satellites needed to deliver services to customers. Investing in foreign securities are volatile, harder to price, and less liquid than U.S. securities. Securities of small- and mid-capitalization companies may experience much more price volatility, greater spreads between their bid and ask prices and significantly lower trading volumes than securities issued by large, more established companies. The Fund is not actively managed so it would not take defensive positions in declining markets unless such positions are reflected in the underlying index. Please refer to the summary prospectus for a more detailed explanation of the Funds’ principal risks. It is not possible to invest in an index.
UFO is distributed by Quasar Distributors LLC.
By ProcureAM Research
In the rapidly evolving space economy, not every company is launching rockets or manufacturing satellites. The world’s first pure-play space exchange-traded fund, the Procure Space ETF® (NASDAQ: UFO), is designed to provide exposure to all areas of the space sector. One of UFO’s 50+ constituents is Spire Global*, which represents a unique and increasingly important segment of the industry: space-based data and analytics.
Spire is building a global data infrastructure powered by satellites, turning information gathered from orbit into actionable insights for industries on Earth. Spire has positioned itself at the intersection of aerospace, data science, and artificial intelligence, an area many investors and governments see as one of the most scalable opportunities in the space economy.
Business Model: Space-to-Cloud Intelligence
Spire operates a “space-to-cloud” platform, collecting data via its proprietary satellite constellation and delivering insights through subscription-based services. At its core, the company monetizes three major data verticals:
This model allows Spire to generate recurring revenue by selling data and analytics rather than hardware, making it more comparable to a SaaS (Software as a service) company than a traditional aerospace firm.
Key Markets and Customers
Spire’s data serves a wide range of industries including:
Its ability to deliver real-time, global datasets gives Spire a unique role in decision-making across sectors increasingly reliant on predictive analytics.
The Satellite Advantage
Spire’s competitive edge lies in its large constellation of nanosatellites (CubeSats). The company operates more than 100 satellites in low Earth orbit, enabling continuous global coverage. These satellites collect critical data points such as:
Because Spire designs, builds, and operates its satellites in-house, it maintains tight control over costs and innovation cycles, which is an advantage in a capital-intensive industry.
Strategic Shifts and Growth Initiatives
In recent years, Spire has made notable strategic moves to sharpen its focus:
These moves signal a transition from a broad data provider to a more focused, higher-margin analytics platform.
Why Spire Global Matters in the Space Economy
Spire embodies a broader trend: the monetization of data from space. While launch providers and satellite manufacturers often capture headlines, companies like Spire are quietly building the data layer of the space economy, arguably its most scalable and defensible segment.
By transforming raw satellite signals into actionable intelligence, Spire is helping industries:
Final Take
Spire Global is not a traditional space company, it’s a data company powered by space infrastructure. Its long-term success will depend less on launching satellites and more on how effectively it can turn data into indispensable insights.
As the demand for real-time, global intelligence continues to grow, Spire sits in a compelling position at the convergence of space, AI, and big data, a combination that could define the next phase of the space economy.
Within the Procure Space ETF®, Spire represents the information backbone of the space economy, a company turning orbital data into real-world decisions.
As the space sector matures, companies like Spire could define the next phase of growth: not just reaching space but understanding Earth from it.
For more information about the Procure Space ETF®, visit www.ProcureETFs.com.
Important Information:
*As of May 4th, 2026, Spire Global (SPIR) was a 0.62% holding and SpaceX was a 0.00% holding in the Procure Space ETF® (NASDAQ: UFO).
For a complete list of holdings in UFO, visit: https://procureetfs.com/ufo/. Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Please consider the Fund’s investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Fund’s summary prospectus and prospectus, which can be obtained by visiting procureetfs.com. Read carefully before you invest.
Investing involves risk. Principal loss is possible. The Fund is also subject to the following risks: Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
Aerospace and defense companies can be significantly affected by government aerospace and defense regulation and spending policies. The exploration of space by private industry and the harvesting of space assets is a business based in future and is witnessing new entrants into the market. Investments in the Fund will be riskier than traditional investments in established industry sectors. The Fund is considered to be concentrated in securities of companies that operate or utilize satellites which are subject to manufacturing delays, launch delays or failures, and operational and environmental risks that could limit their ability to utilize the satellites needed to deliver services to customers. Investing in foreign securities are volatile, harder to price, and less liquid than U.S. securities. Securities of small- and mid-capitalization companies may experience much more price volatility, greater spreads between their bid and ask prices and significantly lower trading volumes than securities issued by large, more established companies. The Fund is not actively managed so it would not take defensive positions in declining markets unless such positions are reflected in the underlying index. Please refer to the summary prospectus for a more detailed explanation of the Funds’ principal risks. It is not possible to invest in an index.
UFO is distributed by Quasar Distributors LLC.
By ProcureAM Research
The space economy is evolving quickly from satellite communications to something far more ambitious: building infrastructure on the Moon. While many space-focused investments concentrate on Earth orbit, the Procure Space ETF® (NASDAQ: UFO) goes a step further by including companies like Intuitive Machines*. This inclusion gives investors direct exposure to lunar missions, logistics, and infrastructure, positioning UFO for the next phase of space commercialization.
A New Kind of Space Company
Intuitive Machines is positioning itself as a cornerstone of NASA’s lunar ambitions, transforming what was once purely government-led exploration into a commercially driven ecosystem.
Founded in 2013, Intuitive Machines isn’t trying to be everything in space. Instead, it’s focused on a very specific and increasingly critical mission: delivering payloads to the Moon.
Through its partnership with NASA under the Commercial Lunar Payload Services (CLPS) initiative, the company is one of several private firms tasked with transporting science instruments, technology demonstrations, and infrastructure components to the lunar surface.
The Nova-C Lander and IM Missions
At the heart of Intuitive Machines’ business is its Nova-C lunar lander, a spacecraft designed to carry payloads to the Moon with precision.
Its first major mission, IM-1, made history with the Odysseus lander marking the first U.S. lunar landing since 1972. The mission demonstrated something critical: commercial companies can reach the Moon.
Follow-on missions aim to expand capabilities, targeting the Moon’s south pole, a region believed to contain water ice, a key resource for future lunar bases and deep-space missions.
Why the Moon Matters (Again)
The renewed interest in the Moon isn’t just about flags and footprints. It’s about infrastructure.
Programs like the Artemis program are laying the groundwork for sustained human presence. That requires:
This is where Intuitive Machines comes in, not as a one-off mission provider, but as a repeatable logistics platform.
Beyond Landers: A Lunar Economy Play
Intuitive Machines is expanding beyond transportation into:
This positions the company as more than a contractor, it’s aiming to be a full-stack lunar services provider.
Wall Street Meets the Moon
As a publicly traded company, Intuitive Machines gives investors direct exposure to the lunar economy, a rare opportunity in a sector often dominated by private firms like SpaceX*.
The inclusion of Intuitive Machines in the Procure Space ETF® adds a layer of high-growth, frontier exposure to the portfolio. It brings upside tied to the next phase of space exploration, the commercialization of the Moon, while still fitting within a diversified ETF structure.
The Bottom Line
Intuitive Machines sits at the intersection of government demand and commercial execution. If NASA’s lunar strategy succeeds, companies like this won’t just benefit, they’ll be essential.
The real story isn’t just that we’re going back to the Moon.
It’s that this time, we’re bringing a business model with us.
For more information about the Procure Space ETF®, visit www.ProcureETFs.com.
Important Information:
*As of April 29th, 2026, Intuitive Machines (LUNR) was a 3.46% holding and SpaceX was a 0.00% holding in the Procure Space ETF® (NASDAQ: UFO).
For a complete list of holdings in UFO, visit: https://procureetfs.com/ufo/. Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Please consider the Fund’s investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Fund’s summary prospectus and prospectus, which can be obtained by visiting procureetfs.com. Read carefully before you invest.
Investing involves risk. Principal loss is possible. The Fund is also subject to the following risks: Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
Aerospace and defense companies can be significantly affected by government aerospace and defense regulation and spending policies. The exploration of space by private industry and the harvesting of space assets is a business based in future and is witnessing new entrants into the market. Investments in the Fund will be riskier than traditional investments in established industry sectors. The Fund is considered to be concentrated in securities of companies that operate or utilize satellites which are subject to manufacturing delays, launch delays or failures, and operational and environmental risks that could limit their ability to utilize the satellites needed to deliver services to customers. Investing in foreign securities are volatile, harder to price, and less liquid than U.S. securities. Securities of small- and mid-capitalization companies may experience much more price volatility, greater spreads between their bid and ask prices and significantly lower trading volumes than securities issued by large, more established companies. The Fund is not actively managed so it would not take defensive positions in declining markets unless such positions are reflected in the underlying index. Please refer to the summary prospectus for a more detailed explanation of the Funds’ principal risks. It is not possible to invest in an index.
UFO is distributed by Quasar Distributors LLC.
By ProcureAM Research
In a space industry often defined by launches and large-scale satellite constellations, Sidus Space* (NASDAQ: SIDU), a constituent of the Procure Space ETF® (NASDAQ: UFO), is taking a more integrated and quietly strategic approach: combining hardware, space-based data, and AI-driven analytics.
The Rise of a New Space Player
Founded with the mission of “bringing space down to Earth,” Sidus Space represents a new generation of vertically integrated space companies that don’t just build satellites but also operate them and monetize the data they produce.
At its core, Sidus Space is a space infrastructure-as-a-service company. That means it provides end-to-end capabilities across the entire satellite lifecycle:
Unlike traditional space firms that specialize in just one segment, Sidus aims to control the full “tech stack”: hardware, software, and data.
This vertical integration is key. It allows the company to move faster, reduce costs, and offer bundled services to customers ranging from government agencies to commercial enterprises.
A Microcosm of the New Space Economy
Sidus Space’s LizzieSat satellites highlight a major shift in the space economy: data is now the real product. These satellites aren’t just orbiting cameras, they are equipped with AI systems capable of processing data in space, reducing the need to send raw data back to Earth.
This enables:
In practical terms, this means applications like monitoring climate and environmental changes, tracking maritime and aviation activity, and supporting national security and defense operations. The shift toward data-as-a-service from orbit is one of the defining characteristics of today’s space economy.
Sidus Space in the Broader Space Economy
The global space economy is evolving into a multi-layered ecosystem, typically broken into three segments:
By operating across all three layers, Sidus Space positions itself as a full-stack space company, rather than a niche provider.
Why Companies Like Sidus Matter
The space economy is projected to grow into a trillion-dollar market1, driven by demand for connectivity, Earth observation, and defense capabilities. Companies like Sidus are important because they:
Sidus’s approach combining manufacturing, AI, and data services mirrors a broader industry trend toward platform-based space businesses.
A Snapshot of the New Space Era
Sidus Space embodies many of the defining traits of the modern space economy. While still early in its growth journey, the company reflects where the industry is headed: toward a future where space is not just explored, but actively commercialized, digitized, and operationalized.
Investors looking for exposure to Sidus Space, as well as a diversified portfolio of constituents involved in all aspects of the space economy, may want to consider the Procure Space ETF® (NASDAQ: UFO).
For more information about the Procure Space ETF®, visit www.ProcureETFs.com.
1“The Space Report 2025 Q2,” Space Foundation, July 2025, www.spacefoundation.org
Important Information:
*As of April 27th, 2026, Sidus Space (SIDU) was a 0.29% holding in the Procure Space ETF® (NASDAQ: UFO).
For a complete list of holdings in UFO, visit: https://procureetfs.com/ufo/. Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Please consider the Fund’s investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Fund’s summary prospectus and prospectus, which can be obtained by visiting procureetfs.com. Read carefully before you invest.
Investing involves risk. Principal loss is possible. The Fund is also subject to the following risks: Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
Aerospace and defense companies can be significantly affected by government aerospace and defense regulation and spending policies. The exploration of space by private industry and the harvesting of space assets is a business based in future and is witnessing new entrants into the market. Investments in the Fund will be riskier than traditional investments in established industry sectors. The Fund is considered to be concentrated in securities of companies that operate or utilize satellites which are subject to manufacturing delays, launch delays or failures, and operational and environmental risks that could limit their ability to utilize the satellites needed to deliver services to customers. Investing in foreign securities are volatile, harder to price, and less liquid than U.S. securities. Securities of small- and mid-capitalization companies may experience much more price volatility, greater spreads between their bid and ask prices and significantly lower trading volumes than securities issued by large, more established companies. The Fund is not actively managed so it would not take defensive positions in declining markets unless such positions are reflected in the underlying index. Please refer to the summary prospectus for a more detailed explanation of the Funds’ principal risks. It is not possible to invest in an index.
UFO is distributed by Quasar Distributors LLC.
