Procure Space ETF Tops $1 Billion AUM on Surge in Space Investments
UFO•Procure Space ETF has surpassed $1 billion in assets under management, becoming the first pure-play space economy ETF to reach that threshold. Fund inflows have surged as investors target companies in satellite communications, reusable launch infrastructure and low-Earth orbit broadband networks.
1. Milestone Achievement
The Procure Space ETF reached over $1 billion in assets under management as of May 2026, marking the first U.S.-listed pure-play space economy ETF to hit that level. Launched in April 2019, the fund now stands as a key vehicle for investors seeking direct exposure to space-related revenue streams.
2. Drivers of Growth
The fund’s asset growth has been driven by the maturation of reusable launch infrastructure, expanding low-Earth orbit broadband deployments and sustained government and defense contract awards. Investor interest has also been bolstered by recent public listings of multiple space economy companies over the past two years.
3. Diverse Investor Base
Interest in the ETF has expanded across retail, registered investment advisors, institutional channels and family offices. Thematic allocators are positioning around long-duration technology trends, viewing the fund as a core allocation for companies engaged in satellite communications, launch services and space-based imagery.
