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 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 this summer, ASTS is 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 have sent ASTS stock price up over 400% since May 1st. 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, 2024, ASTS was the largest holding in UFO, the Space ETFTM by Procure, with a weight of 8.66%. 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. 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 17th, 2024, AST SpaceMobile (ASTS) was a 7.86% 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.
The space sector isn’t just about rocket launches and astronauts walking on the Moon. Space is poised to play an integral part in the way in which battles are fought and nations defend themselves:
The Procure Space ETF, UFO:NASDAQ, recognizes the critical role that space will play as the future of defense evolves. UFO, the world’s first pure-play space ETF, contains publicly traded, space-related companies from around the globe Companies within the Procure Space ETF are at the forefront of research and implementation of the new and expanding technology integrating space within the ever-changing world of defense.
To learn more about the Procure Space ETF, visit www.ProcureETFs.com.
As of May 14th, 2024, Boeing (BA) was a 2.30% holding, Eutelsat (ETL FP) was a 4.97% holding, Garmin (GRMN) was a 6.25% holding, L3Harris Technologies (LHX) was a 2.70% holding, Lockheed Martin (LMT) was a 2.86% holding, Northrop Grumman (NOC) was a 2.73% holding, Planet Labs (PL) was a 3.18% holding, Viasat (VSAT) was a 5.71% holding, Virgin Galactic (SPCE) was a 3.16% 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 news has been full of new Artificial Intelligence (AI) opportunities. But AI in Space has been around for a while and is finding new applications. Space is a constantly evolving world that is being studied by scientists and governments. AI is an integral part of this research.
Equipment Design
NASA is using AI to perfect specialty hardware for spacecrafts and missions. The combination of human intuition with AI is being used to create specialized, one-of-a-kind parts. The result is optimized shapes at lower weights. In the future, the use of AI with 3-D printing may help astronauts create parts on demand in space.1
Space Congestion
As the number of satellites and rocket launches increases, so does the volume of debris resulting in a greater chance for collisions. AI models have been created to track the multitude of objects in Earth’s orbit. This data must be continually monitored to prevent accidents.2
Defense and Warfare
Information will be an essential weapon in future warfare and defense operations. The U.S. Government branches are already incorporating AI capabilities in intelligence, cyber, and electronic warfare technology. AI algorithms are being created to monitor, anticipate, and react in case of on-orbit and in-ground space conflicts. Meanwhile, the U.S. is not alone. China has also been making investments in AI for defense and military purposes. The “Space Race” is alive and well when it comes to determining who will have a competitive edge in the future.3
Satellite Operations
Satellites are currently a sizable and growing industry. Maintaining the satellites, monitoring their flight patterns, and anticipating failure times are critical activities as more operations become reliant on satellite information. Whether it’s for communications, observation, or defense purposes, businesses and governments using satellites need to know their services will be available at all times. Satellite operators need to be one-step ahead in maintaining system reliability.4
Star and Galaxy Mapping
AI-based algorithms are helping astronomers better understand the location, size and age of stars and galaxies in space. Analysis of this data will help scientists detect, classify, and recognize patterns for future exploration.5
Startups and established companies continue to develop new space enterprises. As more opportunities develop for space related businesses and products, new AI programs will surely evolve.
Investors looking to participate in the space sector may consider the Procure Space ETF (UFO:NASDAQ), the world’s first pure-play space ETF, for their portfolios. UFO contains publicly traded, space-related companies from around the globe. To learn more about the Procure Space ETF, visit www.ProcureETFs.com.
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.
1 NASA Turns to AI to Design Mission Hardware, by Karl Hille, nasa.gov, February 9, 2023.
2 Artificial Intelligence for Space Missions, boozallen.com.
3 AI in Space an its Future in Warfare, by Charles Beames. forbes.com, December 21,2022.
4 Artificial Intelligence aiding the space business across the board, by Sandra Irwin. Spacenews.com, February 9, 2023.
5 7 Incredible Ways AI Is Being Used In Exploration, By Sakshi Gupta, springboard.com, February 8,2023.
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
Something is happening in the sky, but no one is sure what it is. Initial reports indicated that China was sending weather balloons to gather meteorological data. Next, the United States declared the balloons to be spy apparatuses intended to collect military information. Then came speculation whether the additional objects identified in the sky could be extraterrestrial devices!
Sophisticated military radar systems are essential to tracking these mysterious objects. Normally, radar is used to pick up fast moving, heat generating items that are usually associated with missiles or enemy aircraft. The most recent objects discovered are slower moving, cooler entities. As radar parameters are modified for increased sensitivity, more items are likely to be discovered.
The original objects were treated as possible enemy devices and were tracked and destroyed by fighter planes. A search and retrieval effort will hopefully reveal more about these objects. However, this can be costly as more objects are discovered. Radar and satellite data will be crucial to track and identify these unknown objects.
Along with radar, satellites will play a critical role in the observation of and communication regarding UFOs or, using governmental jargon, “unexplained anomalous phenomena” (UAPs). Satellites will be instrumental in further identifying and tracking the location of objects such as other satellites, debris, remote sensing equipment and other items.
The Procure Space ETF® (UFO:NASDAQ) is an exchange-traded fund comprised of constituents involved in space-related industries. UFO incorporates radar and satellite companies within the fund:
Radar Manufacturers
According to Fortune Business Insights, the top five military radar manufacturers are Airbus S.A.S.*, Raytheon Technologies*, Northrop Grumman*, Saab AB*, and Thales Group*. In the United States, Lockheed Martin* is another major radar provider while General Dynamics* incorporates Leonardo* equipment for radar systems.
Satellite Companies
Satellite manufacturers, launch firms, and communications providers are important components of the Procure Space ETF. Astra Space*, AST SpaceMobile*, BlackSky*, Boeing*, Eutelsat*, Maxar Technology*, Planet Labs*, Trimble*, Viasat* are companies that are constituents in the fund.
No one can predict the future, but it is extremely likely that governments all over the world will be spending more time gazing at the sky and looking for more than twinkling stars.
Important information:
As of March 3rd, 2025, Airbus (AIR FP) was a 12.36% holding, Aeroejet Rocketdyne (AJRD) was a 0.00% holding, Astra (ASTR) was a 0.00% holding, AST SpaceMobile* (ASTS) was a 5.35% holding, BlackSky Technology (BKSY) was a 2.27% holding, Boeing (BA) was a 2.39% holding, Eutelsat (ETL FP) was a 0.00% holding, General Dynamics (GD) was a 0.00% holding, Leonardo (LDO IM) was a 0.08% holding, Lockheed Martin (LMT) was a 0.39% holding, Maxar (MAXR) was a 0.00% holding, Northrop Grumman (NOC) was a 2.20% holding, Planet Labs (PL) was a 5.47% holding, Raytheon Technologies (RTX) was a 0.00% holding, Rocket Lab (RKLB) was a 4.18% holding, Saab AB (SAABF) was a 0.00% holding, Thales (HO FP) was a 0.69% holding, Trimble (TRMB) was a 4.42% holding, Viasat (VSAT) was a 4.39% 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.