Space Stocks ETF Gains in Assets and Price
Procure Space ETF (NASDAQ: UFO) surpasses 500 million in assets as investor interest in the global space economy continues to grow.

Space Stocks ETF Gains in Assets and Price
(Investorideas.com Newswire) a go-to platform for big investing ideas, including defense and space stocks, issues a news alert for (NASDAQ: UFO).
Procure Space ETF® (NASDAQ: UFO), the world's first exchange-traded fund focused exclusively on the global space industry, announced that it has surpassed $500 million in assets under management (AUM), coinciding with the fund's seven-year anniversary.
(NASDAQ: UFO) is trading up today, currently at $53.97, +1.77 (+3.39%). The 52 Week Range
is $20.37 - 54.16.
Since its launch in 2019, UFO has provided investors with targeted access to a dynamic and fast-evolving sector that includes satellite communications, Earth observation, launch services, and space-based infrastructure. The fund's growth to over half a billion dollars in AUM reflects increasing recognition of the space economy as a critical and investable frontier.
"Reaching $500 million in assets is a significant milestone and a testament to the growing importance of the space economy in global markets," said Andrew Chanin, CEO at ProcureAM. "Almost a decade ago we recognized the vital role the space sector would play in everyday life, powering everything from navigation and communications to national security and climate monitoring, which is why we launched the world's first pure-play space exchange-traded fund."
The Procure Space ETF® tracks the S-Network Space Index*, offering diversified exposure to companies that derive a substantial portion of their revenues from space-related activities. As commercial innovation accelerates and government investment continues to rise, the space sector is poised for sustained long-term growth.
Over the past seven years, the space industry has undergone a dramatic transformation, driven by declining launch costs, increased private sector participation, and advancements in satellite technology. Companies across the space value chain have benefited from these tailwinds, positioning the sector as a compelling opportunity for investors seeking growth and diversification.
"As we celebrate seven years of UFO, we remain committed to providing investors with pure-play access to the space economy," added Chanin. "We believe the next decade will bring even greater innovation and expansion, and we're excited to continue helping investors participate in this journey."
For more information about the Procure Space ETF®, please visit www.ProcureETFs.com.
About ProcureAM
ProcureAM, LLC (ProcureAM) is an innovative exchange-traded product issuer. Established by renowned industry veterans Robert Tull and Andrew Chanin, ProcureAM offers a unique platform for the creation of both proprietary and partnered ETPs. Whether you are looking to invest in ETPs or create one, contact ProcureAM to explore your performance potential: www.ProcureETFs.com.
Research more space stocks and ETFs at Investorideas.com's free stock directory
https://www.investorideas.com/Companies/HomelandDefense/
Sign up for free trading and stock news alerts at Investorideas.com
About Investorideas.com - Where You Find The Best Investing Ideas
Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Mining stocks—Learn more about our news, PR and social media, podcast and ticker tag services at Investorideas.com
https://www.investorideas.com/Investors/Services.asp
Advertising agencies—Learn more about digital advertising and guest posts at Investorideas https://www.investorideas.com/Advertise/
Follow us on X @investorideas @stocknewsbites
Follow us on
Facebook
https://www.facebook.com/Investorideas
Follow us on YouTube
https://www.youtube.com/c/Investorideas
Contact Investorideas.com
800 665 0411
This article is for informational purposes only and is not investment advice. See our full disclaimer.



