The Procure Space ETF (UFO) has surged 138.53% over the past year and 53.53% year to date, fueled by a diversified portfolio of satellite operators and related infrastructure. Its broad-based holdings across satellite communications, launch services, and direct-to-device connectivity create a strong momentum supported by recurring revenue contracts and a growing orbital economy. Despite a recent 12.48% dip, the ETF's long-term demand cycle and low fees make it a compelling option for investors seeking exposure to space-related industries without single-stock risks. The fund's structural setup and multi-year growth prospects suggest the rally is sustainable.
Rocket Lab's shares have fallen 33% recently despite gains in defense contracts, the transformative acquisition of Iridium, and progress with its Neutron rocket commercialization. The company is diversifying beyond launch services into defense progra...
Rocket Lab Corporation announced it will publish its second quarter 2026 financial results on August 10, 2026, after U.S. market close. The company will hold a conference call at 2:00 p.m. Pacific Time to discuss the results, accessible via webcast o...
Iridium Communications was upgraded to a Buy rating by New Street following its Q2 2026 earnings report, which showed a 3.8% revenue increase to $225.24 million, beating estimates. However, its EPS of $0.19 missed analyst expectations. The upgrade al...
Rocket Lab secured a $266 million contract from the US Air Force and Space Force to conduct 12 suborbital launches, with options for six more. The launches will operate from Alaska's Pacific Spaceport Complex and are expected to finish by the end of ...
