Space stock ETF’s assets and price rise

Procure Space ETF® (NASDAQ:UFO), the world’s first exchange-traded fund focused exclusively on the global space industry,
announced
It has surpassed $500 million in assets under management (AUM), coinciding with the fund’s seventh anniversary.

(NASDAQ:UFO) is trading up today, currently at $53.97, +1.77 (+3.39%). 52 week limit

$20.37 – 54.16.

Since its launch in 2019, UFO has provided investors with targeted access to a dynamic and rapidly growing sector that includes satellite communications, Earth observation, launch services and space-based infrastructure. The increase in the fund’s AUM to more than half a billion dollars reflects the growing recognition of the space economy as an important and investable frontier.

“Reaching $500 million in assets is a significant milestone and testament to the growing importance of the space economy in global markets,” said Andrew Chanin, CEO of ProcureAM. “Nearly a decade ago we recognized the critical 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*, which provides diversified exposure to companies that derive a substantial portion of their revenues from space-related activities. As commercial innovation accelerates and government investment increases, the space sector is poised for continued long-term growth.

Over the past seven years, the space industry has changed dramatically due to falling launch costs, increased private sector involvement, and advances in satellite technology. Companies across the space value chain have benefited from these headwinds, positioning the sector as a compelling opportunity for investors seeking growth and diversification.

“As we celebrate seven years of UFOs, we remain committed to providing investors pure access to the space economy,” Chanin said. “We believe the next decade will bring even greater innovation and expansion, and we are 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. Founded by renowned industry veterans Robert Tull and Andrew Chanin, ProcureAM provides a unique platform for building both proprietary and partnered ETPs. Whether you are looking to invest in an ETP or create one, contact ProcureAM to find out your performance potential:
www.ProcureETFs.com.

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