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.
By ProcureAM Research
The world is changing under the current Trump administration. These actions are impacting the global space industry. The following three areas should be monitored for their effects on space stocks.
Countries are concerned about the new and changing tariffs and the role that Elon Musk has taken in the Trump administration. Some countries are targeting SpaceX* and Starlink as scapegoats and are looking at alternatives for communications networks. Countries are citing the need to have control over their communications networks and not be dependent on America and Musk’s Starlink.
Canada was one of the first countries to cancel SpaceX contracts when Trump announced tariffs. Canada is reviewing new options including Telesat*, Eutelsat OneWeb*, MDA Space* and Viasat*. European countries are evaluating additional alternatives such as SES* (a Luxembourg-based satellite operator), the Infrastructure for Resilience, Interconnectivity and Security by Satellite (IRIS) program (an EU-backed broadband constellation) and Project Bromo (a new partnership between Airbus*, Thales*, and Leonardo*).
Foreign SpaceX customers are feeling the impact of tariffs when launching from the U.S. Shipping spacecraft and satellites to the U.S. from abroad can result in unexpected tariff costs. One workaround has created an opportunity for Rocket Lab*. Although it is a U.S-based company, launches from their New Zealand site may be exempt from tariffs if the satellites do not travel through the U.S.1
The growing interest by longtime American allies to be self-sufficient and minimize tariff expenses should create growth in international space-related communications corporations.
Concerns about a new world order and changing alliances are motivating countries to up their defense spending. Space related sensors, observation networks, and attack systems are now becoming essential components of a complete defense program.
Europe is planning on increasing its defense spending and budgets due to the uncertainty of future support from the United States. Global military expenditure is seeing the sharpest rise since the end of the Cold War.2 Germany has asked the European Union to activate an emergency clause that would enable the nation to increase investments without violating the bloc’s spending rules.3
Companies benefiting from this increase in spending from European nations include Leonardo*, BAE Systems*, Thales*, and Rheinmetall*, Lockheed Martin* is also benefitting from this defense spending push. 4
Meanwhile, the United States is also looking to increase defense spending. During President Trump’s remarks to Congress earlier this year he described a state-of-the-art “Golden Dome” missile defense system. The system would require space-based sensors and missile interceptors for detection and interception. Competition and spending estimates are increasing for this project. Possible winners include L3Harris*, Northrop Grumman*, Boeing*, SpaceX, Palantir*, and Anduril*. The House and Senate Armed Services Committees’ recent funding proposal allocated an initial $25 billion for the Golden Dome initiative.
The United States is not the only company exploring the universe and seeking footholds in space. China has been busy sending up rockets and looking to establish settlements on the moon.
In the United States, Jared Isaacman was nominated as the next head of NASA. During his confirmation hearing, Isaacman championed the goal of prioritizing moon projects, as well as Trump’s vision of reaching Mars. Isaacman’s efforts to have both targets in play should continue to keep numerous companies busy planning launches, landings, and research. Companies like Rocket Lab, Intuitive Machines*, Northrop Grumman, and Boeing, as well as smaller firms, will likely benefit from this initiative.
The Procure Space ETF® (NASDAQ: UFO) is a space-focused exchange-traded fund with constituents from around the world. Many of the companies which may benefit from the above catalysts can be found within UFO. As space continues to be a growing component of communications and defense systems, space-related products and services will grow in demand.
To learn more about the space companies found within the Procure Space ETF® (NASDAQ: UFO), please visit www.ProcureETFs.com.
1“Foreign SpaceX launch customers seek relief from US tariffs,” by Jason Rainbow, spacenews.com, May 12, 2025.
2“Unprecedented rise in global military expenditure as European and Middle East spending surges”, sipri.org, April 28, 2025.
3“Germany triggers EU’s emergency clause for defense spending,” by Giovanna Faggionato and Chris Lunday, politico.eu, April 28,2025.
4“European defense stocks soar amid re-armament talk”, by Elisabeth Gosselin-Malo, defensenews.com, March 5,2025.
Important Information:
*As of May 13th, 2025, Airbus (AIR FP) was a 2.25% holding, Boeing (BA) was a 2.82% holding, Intuitive Machines (LUNR) was a 5.52% holding, L3Harris (LHX) was a 2.34% holding, Leonardo (LDO IM) was a 0.28% holding, Lockheed Martin (LMT) was a 2.29% holding, MDA Space (MDA CN) was a 4.26% holding, Northrop Grumman (NOC) was a 2.22% holding, Rocket Lab (RKLB) was a 5.47% holding, SES (SESG FP) was a 3.83% holding, Thales (HO FP) was a 0.52% holding, Viasat (VSAT) was a 4.95% holding in the Procure Space ETF® (NASDAQ: UFO). Anduril, Eutelsat OneWeb, Palantir, Rheinmetall, SpaceX, Telesat were 0.00% holdings in the Procure Space ETF®.
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
During his speech to Congress, President Trump spoke of “building the most powerful military of the future.” The Procure Space ETF® includes many well-known corporations engaged in important military work, as well as space companies that have become an integral part of defense as warfare strategies have evolved.
As part of a mandate to create a strong military, President Trump asked Congress to “fund a state-of-the-art Golden Dome missile defense shield to protect our homeland. All made in the USA.” Israel already has an Iron Dome, which was the product of a joint venture between RTX* (formerly Raytheon Technologies) and Israeli firm Rafael Advanced Defense Systems*. RTX manufactured the system and produces components for Iron Dome missiles.
L3Harris* expects to utilize artificial intelligence (AI) to enhance the Golden Dome initiative. The firm has secured over $2 billion in missile-tracking satellite contracts from the government.1 Unlike Israel, the United States needs to monitor a variety of threats over a larger geographic mass. The goal is to follow both active threats, as well as anticipate future attacks.
Lockheed Martin*, in conjunction with L3Harris subsidiary company Aerojet Rocketdyne*, was selected to continue developing the Next-Generation Interceptor (NGI). The NGI will yield a new homeland missile defense interceptor. Aerojet Rocketdyne will be building the propulsion systems. Finally, Northrop Grumman* is another firm expected to benefit from military contracts designed to bolster American defense systems.
TD Cowen recently highlighted RTX, Lockheed Martin, and Northrop Grumman as long-term picks for defense stocks. The firm estimates the drive to increase anti-missile defense systems will require tens of billions of dollars to build up the current programs. Combined with the expected fast-tracking of these projects, TD Cowen anticipates a surge in missile defense and space-based tracking investments.2
Outer space has been referred to as the new battleground in warfare. Firms in the space industry have been expanding their defense capabilities. Satellites will be critical in providing communications, tracking, and imagery data for the military. Redwire* is a leader in Very Low Earth Orbit capabilities essential for future defense and intelligent operations. They also recently acquired drone producer Edge Autonomy*.
BlackSky* secured a major U.S. contract for next generation Gen-3 Tactical Geospatial Intelligence capabilities. The project aims to enhance space-based intelligence, surveillance, and reconnaissance for the U.S. Department of Defense.3
Planet Labs* has a history of providing high-frequency imagery combined with AI to enable armed forces to receive strategic reports on broad area monitoring and analytics on changing situations. All of these capabilities will be essential in military situations.
Companies providing space-enabled products and services will play a vital role in helping to give miliary forces an edge. To learn more about the space companies found within the Procure Space ETF® (NASDAQ: UFO), please visit www.ProcureETFs.com.
1 “L3Harris taps commercial AI partners for Pentagon’s Golden Dome program,” by Sandra Irwin, SpaceNews.com, March 13, 2025.
2 “Analysts: Buy These 3 Defense Stocks as Trump Pushes for an Iron Dome”, by Sristi Suman Jayaswal, TheGlobeandmail.com, Feb.20,2025.
3 “BlackSky secures major U.S.Defence Contract for next-generation tactical GEOINT”, by Defense Industry Europe, defence-Industry.eu, February 28,2025.
Important Information:
*As of March 14th, 2025, BlackSky Technology (BKSY) was a 1.46% holding, L3Harris (LHX) was a 2.28% holding, Lockheed Martin (LMT) was a 2.29% holding, Northrop Grumman (NOC) was a 2.47% holding, Planet Labs (PL) was a 4.96% holding, Rafael Advanced Defense Systems was a 0.00% holding, Redwire (RDW) was a 1.53% holding. RTX Corporation (RTX) was a 2.70% holding in the Procure Space ETF® (NASDAQ: UFO). Aerojet Rocketdyne is a subsidiary of L3Harris. Edge Autonomy was acquired by Redwire.
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 flying high literally and economically. Promising upstarts have begun to turn their hype into serious contracts with governments and commercial enterprises. Many of the rising stars in the sector can be found within the first pure-play space exchange-traded fund, UFO, the Procure Space ETF®.
Media outlets have been touting the stock price moves for firms1 including AST SpaceMobile*, Rocket Lab*, Planet*, Intuitive Machines*, Redwire*, BlackSky*, and Globalstar*:
Traditional space companies have also seen growth. Lockheed Martin*, Boeing*, L3Harris*, RTX*, and Northrop Grumman* have been beneficiaries of the awakened interest in space.
The United States is not alone in looking towards space for communications and defense. International governments and companies are also involved in space research and endeavors. Companies like Italy’s Leonardo*, Japan’s ispace*, Canada’s MDA Space*, and France’s SES* are also represented in UFO. ispace recently launched a lunar lander to the moon and expects to send off another one before the end of the year.
With over 30 space-focused constituents, including all of the companies listed above, the Procure Space ETF® incorporates all parts of the space sector. Space exploration, launches, infrastructure, communications, and defense are found within this ETF. Even companies that rely on satellite services for operations, such as Garmin* and Sirius*, are included within UFO.
The Procure Space ETF® seeks to cover all aspects of the space economy. Investors may want to consider UFO when looking for access to the space market.
For more information on the Procure Space ETF®, visit www.ProcureETFs.com.
1“These are the Space Stocks to Watch in 2025,” James Rogers, marketwatch.com, January 4, 2025.
Important Information:
*As of February 4th, 2025, AST SpaceMobile (ASTS) was a 4.11% holding, BlackSky Technology (BKSY) was a 2.31% holding, Boeing (BA) was a 2.34% holding, Garmin (GRMN) was a 4.45% holding, Globalstar (GSAT) was a 3.35% holding, Intuitive Machines (LUNR) was a 8.30% holding, ispace (9348 JP) was a 1.53% holding, L3Harris (LHX) was a 2.12% holding, Leonardo (LDO IM) was a 0.30% holding, Lockheed Martin (LMT) was a 2.05% holding, MDA Space (MDA CN) was a 3.37% holding, Northrop Grumman (NOC) was a 2.26% holding, Planet Labs (PL) was a 7.02% holding, RTX Corporation (RTX) was 2.50% holding, Redwire Corporation (RDW) was a 3.33% holding, Rocket Lab (RKLB) was a 5.61% holding, Sirius (SIRI) was a 4.32% holding, SES SA (SESG FP) was 4.27% 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 Funds 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 stocks reached new heights in 2024. Companies, including AST SpaceMobile, Rocket Lab, Intuitive Machines, and Redwire, saw their share prices jump up, in some cases, over 400% by the end of the year!1
Last year, there was a growing emphasis by communications providers to expand connectivity to all customers, especially those in rural areas. This meant new contracts for satellites to be built, launched, and managed. It also helped to push up the share price of AST Space Mobile. Rocket Lab grew based on successful launches and new contracts from NASA.1
This year, there is great anticipation that the Trump-Musk connection will focus more attention on space for exploration and defense purposes. The appointment of Jared Isaacman to lead NASA has created additional excitement and expectation that space projects will be prioritized and well-managed. The focus on the international Space Race may also create increased emphasis on space in the United States.
Other factors that are expected to contribute to the growth in the space industry include2:
While the space sector seems poised for success in 2025, it is difficult to time the market or to know which stock in any sector will lead the pack. Investors cannot predict when contracts for space companies will come in and when the firms will ultimately get paid for their services and products. This is especially true for firms that depend on government projects that may be dependent on federal funding. In addition, some contracts may be reliant on meeting designated benchmarks or on partners who must first complete their project responsibilities.
A smart way to gain exposure to the space industry is by investing in a variety of related companies. Space exchange-traded funds provide access to a diversified portfolio of space-focused equities. The Procure Space ETF® (NASDAQ:UFO) consists of over 30 space economy stocks. These firms include satellite, launch, defense, communications, tourism, and imagery companies. In 2024, the UFO ETF held many of the top space stock movers including: AST SpaceMobile*, Intuitive Machines*, Rocket Lab*, Redwire*, Spire Global*, and Planet*.3
The Procure Space ETF® was designed to include all aspects of the space economy. UFO highlights companies building and launching rockets into outer space, providing imagery for use with military, weather, and transportation applications, offering space tourism experiences, managing and building satellites for communication networks, and using satellite technology to provide navigation, communications and entertainment.
Even the experts cannot always accurately predict which companies will be winners at a given time. Investing in a diversified basket of space stocks will provide investors with exposure to many of the biggest names in this exciting industry.
For more information on the Procure Space ETF®, visit www.ProcureETFs.com.
1”These are the Space Stocks to Watch in 2025,” James Rogers, marketwatch.com, January 4, 2025.
2“The Trillion Dollar Question,” Jason Rainbow, SpaceNews.com, April 18, 2024.
3“Tracking Cash Flow Through the 2024 Space Stocks Rally,” Jack Kuhr, payloadspace.com, December 11, 2024.
Important Information:
*As of January 16th, 2025, AST SpaceMobile (ASTS) was a 4.43% holding, Intuitive Machines (LUNR) was a 7.89% holding, Planet Labs (PL) was a 4.73% holding, Redwire Corporation (RDW) was a 2.34% holding, Rocket Lab (RKLB) was a 5.29% holding, Spire Global was a 1.75% 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 Funds 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 flew high in 2024 and appears to be continuing the upward trajectory as 2025 kicks off.
Previously under the radar companies are receiving more attention. In 2024, companies such as Rocket Lab, AST SpaceMobile, Intuitive Machines and Redwire saw their share prices skyrocket. Demand for satellite networks and lower launch costs gave the market a big boost. AST SpaceMobile saw success thanks to major contracts with leading communications companies, like Verizon* and AT&T*, seeking to provide connectivity to customers in rural areas. Rocket Lab ramped up its number of launches and Intuitive Machines won new NASA contracts.
Some space companies saw their share prices double, triple, and even quadruple during the last year, according to PayloadSpace.1 Out of the nine firms identified as stocks with positive price movement YTD, eight of these companies are in the Procure Space ETF® (NASDAQ:UFO) including:
The Procure Space ETF® is the first pure-play exchange-traded fund focused on the global space economy. The Procure Space ETF®, which trades as UFO ETF on the NASDAQ stock exchange, identifies space companies with the potential to grow. The fund consists of a well-rounded basket of space companies responsible for launches, communications, space imagery, and defense.
The election of President Trump, creator of the U.S. Space Force, has helped fuel interest in the space industry, especially given his close relationship with SpaceX* founder Elon Musk. The hope for less regulation and a greater emphasis on space under a new administration has created excitement in the market. Observers are looking forward to see what 2025 brings to the space market.
For more information on the Procure Space ETF®, visit www.ProcureETFs.com.
1“Tracking Cash Flow Through the 2024 Space Stocks Rally,” by Jack Kuhr, Payloadspace.com, December 11, 2024.
*As of December 30th, 2024, AT&T (T) was a 0.00%, AST SpaceMobile (ASTS) was a 4.56% holding, EchoStar (SATS) was a 4.47% holding, Globalstar (GSAT) was a 4.99% holding, Intuitive Machines (LUNR) was a 7.30% holding, Planet Labs (PL) was a 5.22% holding, Redwire Corporation (RDW) was a 2.67% holding, Rocket Lab (RKLB) was a 5.59% holding, SpaceX was a 0.00% holding, Spire (SPIR) was a 1.78% holding, Verizon (VZ) 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 Funds 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 Andrew Chanin
Current warfare between Ukraine and Russia and in the Middle East is increasing apprehension regarding military actions throughout the world. Traditional defense strategies are rapidly evolving to utilize different technologies. The future is pointing to the space sector as the new weapon for successful warfare. Space will be critical for communications, information, navigation, and weaponry:
Communications
Communication between troops and headquarters will be dependent on satellites. Satellite transmission can offer instantaneous connectivity regardless of local terrain or rural location.
Navigation
Military navigation systems currently rely on satellites to aid in the routing of select submarines. The data gathered can provide valuable position and velocity input.
Information
Satellite imagery has become crucial in identifying enemy locations, quantifying munitions build up, forecasting meteorological conditions, and evaluating the effectiveness of military actions. In today’s environment, Ukraine, Russia, Israel, Iran, and other countries have already seen the value of data obtained through satellite imagery during warfare.
Weaponry
Satellites for communications and information will be a critical resource during future warfare. However, if they are incapacitated or destroyed, the military will be missing an essential tool.
In February of 2024, the White House confirmed reports that Russia was developing an anti-satellite capability.1 In 2007, China conducted a test of an anti-satellite weapon against one of its own satellites. Not only was the satellite destroyed, over three thousand pieces of orbital debris were created that still pose a threat to existing satellites.2
It will be necessary to build resilient satellite systems with protection from cybersecurity attacks, as well as physical attacks, so as not to hinder the continuous flow of information and communications
Companies are developing space applications for military purposes for use today and in the future. The Space ETF by Procure (NASDAQ: UFO) includes corporations focused on creating and protecting space assets:
Space focused companies will play a growing role in maintaining the effectiveness of military forces throughout the world. The growing trend in defense is found in space. UFO, The Space ETF by Procure, provides investors with exposure to these vital companies.
__________________________________________
1 “White House confirms intelligence showing Russia developing “anti-satellite capability”, by Caitlin Yilek, February 15,2024, cbsnew.com.
2 “Protecting our critical satellite infrastructure: the importance of space-based infrastructure to humanity and its status within NATO”, by David Eagleson, October 23, 2023, nato.int.
Important Information:
As of August 18th, 2024, AST SpaceMobile (ASTS) was a 8.84% holding, EchoStar (SATS) was a 3.80% holding, Globalstar (GSAT) was a 4.84% holding, Iridium Communications (IRDM) was a 4.44% holding, L3Harris Technologies (LHX) was a 2.33% holding, Lockheed Martin (LMT) was a 2.72% holding, Planet Labs (PL) was a 2.99% holding, Rocket Lab (RKLB) was a 5.30% holding, Viasat (VSAT) was a 7.01% 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.
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 Funds 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.
By Andrew Chanin
May 2024 was an amazing month for AST Space Mobile (NASDAQ: ASTS). On May 15th, 2024, ASTS* announced a definitive agreement with AT&T* to team up to create a space-based broadband network for AT&T cellular customers.1
As early as the summer of 2024, ASTS was looking to send its first commercial satellites to a Florida launch base for blast off into low Earth orbit. The AT&T announcement sent ASTS stock soaring over 100% with investors rewarding the company for executing its goal of partnering with leading telecommunication companies to provide additional service for their Earth-based clientele.
If one success wasn’t enough, a mere two weeks later, ASTS announced a major definitive agreement with another US telecom provider, Verizon*. ASTS is aiming to offer satellite capabilities that will allow for 100% coverage across the continental US for Verizon customers. This deal comes with $100 million in commitments from Verizon to fund this endeavor.2
These two mega partnerships sent ASTS stock price up over 400% in May 2024. Historically, telecommunications have been a conservative and slow-moving industry, so the move to work with ASTS shows a commitment to satellite-to-phone service. These agreements show strong support for ASTS connectivity and an important vote of confidence in this critical space company.
As of June 20th, 2025, ASTS was the largest holding in UFO, the Procure Space ETF®, with a weight of 6.72%. UFO is a compilation of global corporations involved in the space sector. The fund increased 8.25% in net asset value (NAV) during the month of May 2024. Please click here for the fund’s standardized performance. 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).
To learn more about the Procure Space ETF, visit www.ProcureETFs.com.
Andrew Chanin
CEO
ProcureAM, LLC
_______________________________________________________________
1“AT&T and AST SpaceMobile Announce Definitive Commercial Agreement,” May 15, 2024, www.ast-science.com.
2 “AST SpaceMobile and Verizon Announce Plans to Target 100 Percent Geographical Coverage of the Continental United States from Space on Premium 850 MHz Cellular Spectrum,” May 29, 2024, www.ast-science.com.
As of June 20th, 2025, AST SpaceMobile (ASTS) was a 6.72% holding, AT&T (ATT) was a 0.00% holding, Verizon (VZ) 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.
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 Funds 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.
The United States and Russia may have been the first space pioneers, but now astronauts are on missions from nations all over the world.
SpaceX* recently launched a Falcon 9 rocket for Axiom Space with passengers from Spain/United States, Italy, Sweden, and Turkey. China is gearing up activities to create a colony on the moon. India is working on projects to explore space and establish a base on the moon. Japan just became the latest country to land a spacecraft on the moon. Additional programs have been conducted by Luxembourg, Israel, South Korea and Mexico, and the list goes on.
At present, the language in space has yet to be established. English and Russian are spoken on the International Space Station (ISS). Astronauts needed to be proficient in Russian since, historically, most astronauts traveled to and from the International Space Station via Russian Soyuz spacecraft. Most of the labels on the spacecraft instruments are in Russian and commands were issued in Russian. As SpaceX ramps up its role in going to the ISS, English may become more dominant. Meanwhile, as China revs up its space projects, Chinese may be another strong language option. Given the numerous global visitors, the language of space is still up for grabs.
Like outer space, Procure Space ETF® (TICKER: UFO), is a compilation of international corporations involved in the space sector. Aerospace, satellite and other firms represent countries throughout the world including: United States (L3Harris Technologies*, Planet Labs*, Globalstar*, Iridium Communications*), France (Eutelsat Communications*, Airbus*), Japan (ispace*, SKY Perfect JSAT Holdings*), Italy (Leonardo S.p.A.*), and Luxembourg (SES*). They all speak the same language as constituents of the Procure Space ETF®.
To learn more about the Procure Space ETF®, visit www.ProcureETFs.com.
As of January 30th, 2025, Airbus Group (AIR FP) was a 2.35% holding, Eutelsat Communications (ETL FP) was a 4.58% holding, Globalstar (GSAT) was a 3.56% holding, Iridium Communications (IRDM) was a 4.22% holding, ispace Inc. (9348 JP) was a 1.61% holding, L3Harris Technologies (LHX) was a 2.14% holding, Leonardo S.p.A. (LDO IM) was a 0.29% holding, Planet Labs (PL) was a 6.47% holding, SES SA (SESG FP) was a 4.27% holding, SKY Perfect JSAT holdings (9412 JP) was a 4.52% holding, 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.
Important Information:
Please consider the Funds 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.