The Procure Space ETF (UFO) gained 69% from December 31, 2025, to May 29, 2026, driven mainly by anticipation of a SpaceX IPO potentially valued at $1.5 trillion. The ETF, which tracks 49 space-related companies, also benefited from strong performances by holdings like Rocket Lab and AST SpaceMobile, as well as supportive U.S. space policy and new retail access via Coinbase. However, about 60% of its holdings are pre-profit and the valuation is stretched, making the recent surge event-driven rather than steady growth. Key factors to watch include the timing and valuation of the SpaceX IPO, defense budget allocations for space programs, execution by top holdings, and upcoming index rebalances.
Rocket Lab successfully launched its 92nd Electron rocket mission, deploying the QPS-SAR-13 satellite for the Institute for Q-shu Pioneers of Space (iQPS). This marks the eighth successful launch for iQPS's Earth-imaging constellation, which uses syn...
Rocket Lab is rated a strong buy with a $128.56 price target and 72% potential upside, driven by both organic growth and acquisitions like Iridium. The company’s vertical integration is nearly complete, enabling it to offer full satellite solutions a...
Rocket Lab has secured a $397 million contract from the U.S. Space Force to develop, launch, and operate advanced Flatellites under the Space-Based Airborne Moving Target Indicator (SB-AMTI) program. This initiative aims to enhance real-time airborne...
Rocket Lab has secured a $397 million contract from the US Space Force to develop, launch, and operate advanced Flatellites for the Space-Based Airborne Moving Target Indicator (SB-AMTI) program. These Flatellites will enhance real-time detection and...
Rocket Lab is the second largest US satellite launch provider, poised for significant growth with its upcoming Neutron rocket, expected to start commercial operations next year. The success and timely launch of Neutron are critical, as delays could i...
