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.
By ProcureAM Research
The space industry tends to get attention for big rocket launches, but the Procure Space ETF® (NASDAQ: UFO) recognizes the importance of companies across the full space value chain. UFO is designed to track companies generating significant revenue from space-related activities spanning infrastructure, communications, and defense.
One such Procure Space ETF® constituent is Redwire*, which is carving out its niche in a quieter corner of the ecosystem: infrastructure. Rather than launching payloads, Redwire builds the critical systems that allow spacecraft, satellites, and space stations to function once they’re already in orbit.
Redwire represents a new class of aerospace company: one focused not on access to space, but on sustaining operations within it.
From Launch Hype to Space Infrastructure Reality
For years, the space industry narrative revolved around launch providers. But as the sector matures, attention is shifting toward what happens after liftoff. Redwire sits squarely in this “picks-and-shovels” layer of the space economy providing solar arrays, antennas, docking systems, and advanced robotics that enable missions to operate in orbit.
This positioning matters. While launch is episodic, infrastructure is recurring. Redwire’s core business revolves around space infrastructure, which are the components and systems that enable spacecraft to function, adapt, and endure in orbit.
The company’s technologies include:
These are the tools that turn space from a one-time destination into a place where sustained operations can actually happen.
The Shift from Access to Operations
The space economy is going through a fundamental transition.
For decades, the challenge was simply reaching orbit. Today, thanks to lower launch costs and increased competition, access is no longer the bottleneck.
Now the focus is shifting toward what happens after launch:
These are infrastructure questions, and they sit directly in Redwire’s wheelhouse.
One of Redwire’s most compelling areas of focus is in-space manufacturing. Traditionally, spacecraft are built on Earth and designed to survive the stress of launch. That limits size, complexity, and materials.
Redwire is helping push toward a different model:
This opens the door to entirely new capabilities from larger satellite systems to future space stations and beyond.
It’s not just an incremental improvement, it’s a shift in how space systems are conceived. In an environment where sending humans is expensive and risky, robotics becomes essential. Redwire is investing heavily in technologies that allow machines to assemble infrastructure autonomously, perform repairs and servicing, support complex orbital construction.
Positioned for the Next Phase of Space
The global space economy is shifting from exploration to commercialization and from isolated missions to persistent infrastructure. Redwire is aligned with several key trends:
Redwire’s ability to operate across both space and defense ecosystems gives it a differentiated position compared to pure-play space companies.
The Bottom Line
As the space economy matures, infrastructure becomes the limiting factor. You can launch more satellites, but without better systems to power, maintain, and scale them, growth hits a ceiling.
Redwire is building the systems that make the space economy function: the power, the connectivity, and the infrastructure that turn launches into lasting operations. As the industry matures, those “behind-the-scenes” capabilities may prove more valuable and more durable than the launches themselves.
In the Procure Space ETF®, Redwire provides targeted exposure to the underlying hardware and infrastructure that powers the space economy, complementing more visible names focused on launches and satellite services.
In a sector often driven by spectacle, Redwire may end up being one of the most important players in the industry despite staying largely out of the spotlight.
For more information about the Procure Space ETF®, visit www.ProcureETFs.com.
Important Information:
*As of April 28th, 2026, Redwire Space (RDW) was a 0.92% 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 dominated by rocket launches and mega-constellations, Momentus* is carving out a different, arguably more foundational role: building the infrastructure that operates after you reach orbit.
While companies like SpaceX* and Rocket Lab* focus on getting payloads into space, Momentus* is focused on what happens next—mobility, logistics, and in-space services. Think of it less as a launch provider and more as a “last-mile delivery” company for orbit.
The Orbital Transfer Vehicle: A Space Tugboat
At the center of Momentus’s vision is its orbital transfer vehicle (OTV), known as Vigoride. Once satellites are dropped off in a general orbit by a launch provider, Vigoride can maneuver them into their precise operational positions. This is a critical capability as space becomes more crowded and missions demand higher precision.
In simple terms, if rockets are the long-haul airlines of space, Momentus* is building the rideshare network that gets you from the airport to your exact destination.
Why It Matters Now
The timing of Momentus’s strategy is not accidental. The rapid growth of small satellites, Earth observation, Earth observation platforms, and commercial space stations are reshaping demand in orbit. Companies like Planet Labs* and BlackSky* rely on precise orbital positioning to deliver real-time data products. That precision requires flexibility, which is something traditional launch alone doesn’t provide.
As the space economy matures, logistics become the bottleneck. And bottlenecks create opportunity.
Beyond Transportation: Building an In-Space Services Layer
Momentus* isn’t stopping at transportation. The company’s long-term vision includes:
This positions Momentus* closer to an infrastructure layer more akin to cloud computing in space than a traditional aerospace contractor.
The Bigger Picture
The evolution of space is shifting from exploration to utilization. We are moving from a world where getting to orbit was the primary challenge to one where operating efficiently in orbit is the next frontier.
That’s where Momentus* fits.
If the space economy truly scales into a multi-trillion-dollar ecosystem, companies like Momentus* may become essential connective tissue—quietly enabling everything from satellite constellations to future space stations.
Not flashy. Not always headline-grabbing. But potentially indispensable.
The Procure Space ETF® (NASDAQ: UFO) is the first pure-play exchange-traded fund to focus on companies generating revenue from all areas of the space industry including in-orbit infrastructure. Momentus* is one of the 40+ constituents in UFO. Investors looking for exposure to Momentus*, as well as a diversified portfolio of space focused companies, may want to consider the Procure Space ETF®.
For more information about the Procure Space ETF®, visit www.ProcureETFs.com.
Important Information:
*As of April 20th, 2026, BlackSky (BKSY) was a 1.32% holding, Momentus Space (MNTS) was 0.21% holding, Planet Labs (PL) was a 6.06% holding, Rocket Lab (RKLB) was a 4.88% holding in the Procure Space ETF® (NASDAQ: UFO). 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
For decades, UFOs (Unidentified Flying Objects) lived on the fringe, fueled by grainy footage, conspiracy theories, and late-night speculation. But in recent years, the conversation has shifted dramatically. Governments, scientists, and mainstream institutions are now taking these sightings seriously, rebranding them as UAPs (Unidentified Aerial Phenomena) and studying them with a level of transparency that would have been unthinkable a generation ago. Most recently, President Donald Trump greenlit the release of secret government files pertaining to UAPs.
So what exactly are “the UFO files,” and why are they suddenly back in the spotlight?
From UFOs to UAPs
The shift in terminology from UFO to UAP is more than cosmetic. It reflects an effort to remove stigma and approach the phenomenon scientifically.
Organizations like NASA and the Pentagon’s former Advanced Aerospace Threat Identification Program have investigated these incidents not as alien encounters, but as potential national security issues.
Are these objects:
So far, there’s no single answer.
What the Files Actually Show
Despite the hype, the UFO files are less about definitive conclusions and more about unanswered questions.
Patterns have emerged:
Investigators have been able to explain some cases with drones, weather balloons, and optical illusions accounting for a portion of sightings, but a significant number remain unresolved.
Why This Matters
The renewed attention isn’t about proving extraterrestrial life, it’s about understanding unknowns in our airspace.
From a defense standpoint, unidentified objects operating with advanced capabilities raise obvious concerns. If even a fraction represent breakthrough technology from rival nations, that has major geopolitical implications.
From a scientific perspective, UAPs challenge our understanding of physics, perception, and atmospheric phenomena.
And culturally? The stigma is fading.
A New Era of Disclosure
What was once dismissed is now openly discussed in Congress, studied by scientists, and covered by major media outlets. The turning point came when the U.S. Department of Defense officially acknowledged the existence of UAP encounters recorded by military pilots. These weren’t shaky amateur videos, they were high-quality sensor recordings captured by advanced fighter jets.
In 2020, the Pentagon declassified several of these videos, showing objects moving in ways that defy conventional aerodynamics: no visible propulsion, extreme speeds, and instantaneous directional changes.
Then came the reports. In 2021, and again in subsequent updates, U.S. intelligence agencies released assessments documenting over a hundred UAP sightings.
So… Are We Alone?
The UFO files don’t answer that question. Not yet. But they do something arguably more important: they open the dialogue and help to legitimize the topic.
UFO: The Procure Space ETF®
The world’s first pure-play space exchange traded-fund, UFO, the Procure Space ETF®, has always taken UAPs seriously. So much so that in 2021, the UFO ETF added an unidentified aerial phenomena “UAP” risk disclosure to the fund prospectus.
According to the fund’s disclosure, UAPs are “flying objects that look or move unlike any known aircraft used by the U.S. or any foreign country” and “could create unintentional or deliberate operational, data security, ‘cyber’ and other interference with the operation of satellites and other objects in space.”
The Procure Space ETF®, launched in 2019, is the world’s first fund to offer pure-play exposure to the global space economy. At least 80% of the fund’s components are required to receive a majority of their revenue from space-related activities.
For more information about the UFO, the Procure Space ETF®, please visit www.ProcureETFs.com.
Important Information:
For a complete list of holdings in UFO, visit: https://procureetfs.com/ufo/.
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.
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.
UFO is distributed by Quasar Distributors LLC.
By ProcureAM Research
Space has become a strategic weapon in the current conflict with Iran. The first pure-play space exchange-traded fund, the Procure Space ETF® (UFO), envisioned space as an integral part of a nation’s defense systems. Today space has proven to be an essential element in warfare. Space and the U.S. Space Force are playing a major role in real time missile tracking, target identification, and the destruction of Iran’s own space operations and satellite command centers.
Missile Detection: Satellites can track Iranian missile launches via heat detecting infrared sensors from missile defense radar. This capability has led to the destruction of hundreds of Iranian missiles. However, these land-based radar facilities and satellite communications terminals may be vulnerable to attacks from low level drones. This is expected to provide an impetus to put the airborne target warning sensor layer into orbit.1
Destruction of Iran’s space operations: According to Head of Central Command Admiral Brad Cooper, U.S. forces destroyed Iran’s military space command. This may reduce Iran’s ability to coordinate retaliatory strikes.2
Communications and GPS Interference: At the start of the conflict, Chairman of the Joint Chiefs Gen. Dan Caine said, “coordinated space and cyber operations effectively disrupted communications and sensor networks.”3 Communications breakdowns may limit enemy responses. GPS jamming, possibly by satellite-based electronic programs, has forced ships and aircraft to rely on traditional, non-satellite navigation techniques which may impact the speed and accuracy of attacks.
Target Identification: Space-based intelligence has helped identify and target Iranian missile launchers. Satellite imagery from companies like Planet Labs* and privately owned Vantor* are showing the results of military strikes. However, this intelligence works both ways. A Chinese space company provided Iran with details regarding U.S. military buildup in the Middle East. Satellite imagery showed daily changes in the layout of air and naval forces leading up to the initial strikes.4
Numerous United States companies are experiencing a demand for their products and services. Defense companies in the United States, including RTX*, Lockheed Martin*, Boeing*, Northrop Grumman*, L3Harris*, BAE Systems*, and Honeywell Aerospace*, stand to benefit from the Iranian conflict.5
The conflict in Iran and the Middle East is highlighting the importance of space for the military. It is also showing its strengths and weaknesses. Attacks directed and implemented via technology rather than armies can save lives. However, the susceptibility of terrestrial radar infrastructure and communications systems to drone and/or major missile attacks is making a case for the buildup of space-based intelligence systems.
Meanwhile, competition is ramping up as China and Russia provide satellite imagery to Iran and other Middle East parties. Once thought to be the realm of science fiction, space is becoming an integral and necessary part of defense systems for countries worldwide. The space race is no longer who reaches the Moon first, but who can control the galaxy.
The Procure Space ETF® (NASDAQ: UFO) is the first pure-play exchange-traded fund to focus on companies generating revenue from the space Industry. UFO consists of 40+ constituents including key players in the conflict with Iran.
For more information about the Procure Space ETF®, visit https://www.procureetfs.com.
1“Iranian Attacks on Prized Missile Defense Radars Are A Wake-Up Call,” by Joseph Trevithick and Tyler Rogoway, twz.com, March 7, 2026.
2 “The US says it destroyed Iran’s Space Command. Experts say it wasn’t much of a threat.” By Thomas Novelly, defenseone.com, March 5, 2026.
3“Space was ‘First Mover’ in Iran Conflict, Top General Says.”, by Jacqueline Feldscher, payloadspace.com, March 2, 2026.
4“U.S. Military Buildup for Iran Tracked By Chinese Space Company,” by Steve Trimble, aviationweek.com, February 26, 2026.
5“These companies stand to benefit from Trump’s Iran war”, by Alison Durkee, forbes.com, March 5, 2026.
Important Information:
*As of March 9th, 2026, Boeing (BA) was a 2.40% holding, Honeywell Aerospace (HON) was a 2.53% holding, L3Harris Technologies (LHX) was a 2.63% holding, Lockheed Martin (LMT) was a 2.95% holding, Northrop Grumman (NOC) was a 2.80% holding, Planet Labs (PL) was a 6.04% holding, RTX Corporation (RTX) was a 2.40% holding in the Procure Space ETF® (NASDAQ: UFO). BAE Systems and Vantor were 0.00% holdings 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
Space Economy Market Outlook:
The global space economy showed fantastic growth in 2025 and is looking to continue the momentum in 2026. As of December 6th, 2025 there was a history making record of 291 launches or almost one launch per day.1 The industry hit a record $613 billion in 2024, up 7.8% from a year earlier.2 Both governmental and commercial applications were responsible for this growth.
Going forward, the space sector is forecasted to be valued at $1.8 trillion by 2035, according to Aranca.3
The expansion of the space economy is being driven by a combination of technological, commercial, and geopolitical factors. Key drivers include:
Falling Launch Costs:
Global Demand for Connectivity:
Earth Observation Data and Imagery:
Government Defense Investment & Geopolitical Competition:
Space Tourism:
Data Centers in Space and on the Moon:
Satellite Miniaturization & Mass Production:
The Procure Space ETF®
The world’s first space ETF, the Procure Space ETF® (NASDAQ: UFO), increased more than 45% for the year ending November 30th, 2025.4 UFO includes 40+ global corporations participating in all aspects of the space economy.
Top contributors in the fund included:
New additions to UFO included space-sector IPOs and international stocks:
2025 brought a lot of attention and much growth to the space economy. 2026 may be even more exciting with talks of a SpaceX* initial public offering and the start of Jared Isaacman as the head of NASA. Investors looking for exposure to the rapidly evolving space industry may want to consider the Procure Space ETF®.
For more information about the Procure Space ETF®, visit https://www.procureetfs.com.
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).
1“Orbital launches in 2025”, www.spacestatsonline.com, December 6, 2025.
2“The Space Report Q2 2025”, The Space Foundation, www.spacefoundation.com, July 2025.
3“The Growth of the Space Economy”, www.aranca.com, July 2025.
4Procure ETFs, www.ProcureETFs.com/ufo, November 2025.
Important Information:
*As of December 16th, 2025, Airbus Group (AIR FP) was a 2.20% holding, AST SpaceMobile (ASTS) was a 7.66% holding, BlackSky Technology (BKSY) was a 0.94% holding, EchoStar (SATS) was a 5.85% holding, Eutelsat Communications (ETL FP) was a 1.02% holding, Firefly Space (FLY) was a 2.05% holding, Globalstar (GSAT) was a 6,47% holding, Intellian Technologies (189300 KS) was a 0.48% holding, Iridium Communications (IRDM) was a 3.06% holding, L3Harris Technologies (LHX) was a 2.23% holding, Leonardo (LDO IM) was a 0.27% holding, Lockheed Martin (LMT) was a 0.27% holding, Lumir (474170 KS) was a 0.09%% holding, Ovzon (OVZON SS) was 0.44% holding, Planet Labs (PL) was a 7.62% holding, Rocket Lab (RKLB) was a 4.96% holding, RTX Corporation (RTX) was a 2.51% holding, SES (SESG FP) was a 3.89% holding, Thales (HO FP) was a 0.40% holding, Viasat (VSAT) was a 4.81% holding, Virgin Galatic (SPCE) was a (0.32%) holding, Voyager Technologies (VOYG) was a 2.35% holding in the Procure Space ETF® (NASDAQ: UFO). AT&T, Blue Origin, Nvidia, SpaceX, and Starcloud were 0.00% holdings 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 industry has been making out of this world moves in 2025. The Procure Space ETF® (NASDAQ: UFO), which tracks the space sector, increased more than 80% for the year ending August 31st, 2025.1 This movement has been a result of activity by both large and small constituents of the fund. 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).
UFO ETF constituent companies Rocket Lab* saw an outsized jump in its share price of 721.51%2 and AST SpaceMobile’s* share price increased 56.15%3 for the year ending September 8th, 2025. This was a result of established communications companies seeking to expand their reach by purchasing launch options with upstarts such as Rocket Lab* and AST SpaceMobile*. Most recently, the share price of EchoStar* was up 259.96%4 in its share price for the year ending September 8th, 2025 due to selling spectrum space to SpaceX* and AT&T*.
Space activity has gone beyond exploration. We may have already reached the moon, but Mars and beyond is still on the table. Currently, communications, defense, and AI are taking up much of the air in the room. The Golden Dome is a hot topic, and firms are scrambling to be instrumental in its development. European countries have begun to increase their own defense spending and are looking inward to invest in local firms. Who knows which space company will be the next to breakout?
Predicting every move in a particular segment such as the space industry can be tricky. However, investing in a well-diversified thematic ETF like UFO is an option for investors looking for exposure to a wide range of space opportunities. The Procure Space ETF® has a broad range of constituents including domestic and international firms, established and new leading edge companies, and entities encompassing a broad range of revenue producing activities in the space industry.
For more information about the Procure Space ETF®, visit https://www.procureetfs.com.
1 www.ProcureETFs.com, September 8, 2025
2 www.MSN.com, September 8, 2025
3 www.MSN.com, September 8, 2025
4 www.MSN.com, September 8, 2025
Important Information:
*As of September 10th, 2025, AST SpaceMobile (ASTS) was a 3.56% holding, EchoStar (SATS) was a 16.48% holding, Rocket Lab (RKLB) was a 6.35% holding in the Procure Space ETF® (NASDAQ: UFO). SpaceX and AT&T were 0.00% holdings 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
There may not be any kiss cams on the International Space Station yet, but cold is playing a potential growth opportunity within the space economy. The cool environment of space has been highlighted as a plus for specialized manufacturing and research applications. Now space is being viewed as an optimal location for data centers.
Artificial Intelligence (AI) applications have exploded, along with the need for data centers to accommodate AI usage. Data centers occupy a large footprint, require massive energy volumes, and generate excessive heat. Space and moon options for data centers offer several advantages including:
Science fiction concepts are now becoming reality via lower launch costs and private and government spending. New names are now emerging as important players within the industry:
The Procure Space ETF® (NASDAQ: UFO) includes 40+ global corporations participating in all aspects of the exciting space economy. The up-and-coming companies listed above are constituents within the UFO, along with well-known players in the industry including Boeing*, RTX*, Lockheed Martin*, Northrop Grumman*, and L3Harris *.
UFO has paid out dividends and/or quarterly income. In 2024, the distribution was $0.45 per share. Please click here for the fund’s dividend information. 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).
Yet again, space may help us improve our lives back here on Earth. For more information on the Procure Space ETF®, please visit www.procureetfs.com.
Important Information:
*As of July 25th, 2025, Avio (AVIO IM) was a 0.93% holding, Boeing (BA) was a 2.26% holding, Intuitive Machines (LUNR) was a 3.70% holding, ispace (9348 JP) was a 0.67%, L3Harris (LHX) was a 2.18% holding, Lockheed Martin (LMT) was a 1.78% holding, Northrop Grumman (NOC) was a 2.22% holding, Redwire (RDW) was a 1.15% holding, Rocket Lab (RKLB) was a 7.28% 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.