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2025-10-262026-04-19
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25 items- PRVettaFi Accelerates Into the New Space Age: Pioneering "Day-One" Index Inclusion for SpaceX and Industry TitansNew York, New York--(Newsfile Corp. - April 20, 2026) - VettaFi, a differentiated index provider with modern distribution solutions and TMX Group subsidiary, today announced a strategic modernization of its flagship space benchmark. Effective May 15, 2026, the S-Network Space Index (NYSE:SPACE) will be rebranded as the VettaFi Space Index and adapt its "fast-track" methodology. The rule update is designed to better reflect the rapidly maturing space economy by allowing the immediate inclusion of newly listed industry leaders, paving the way for a SpaceX addition mid-2026.With this update, VettaFi establishes itself as one of the first index providers to target immediate, day-one exposure to
- NEWSThe Procure Space ETF(R) (UFO) Has a New Look!LEVITTOWN, PA / ACCESS Newswire / October 8, 2025 / The Procure Space ETF® (NASDAQ:UFO) added exciting new domestic and international constituents to its portfolio of companies during the fund's September 19th, 2025 rebalancing.Firefly Aerospace*, a launch and spacecraft developer, and Voyager Technologies*, which is developing the NASA-backed Starlab space station, are new additions to UFO. Both companies issued IPOs the summer of 2025.Space is not just an American dream. Countries and companies throughout the world are focused on the commercial opportunities and military defense requirements of space. Companies from Sweden and South Korea were also included in the recent Procure Space ETF®
- NEWSGarmin Revs Up Winter Fun: Teams Up with Arctic Cat For High-Tech Snowmobile Displays In 2025 ModelsGarmin Ltd. (NYSE:GRMN) shares are trading higher on Wednesday. Garmin has announced a partnership with Arctic Cat Inc., a Textron Inc. (NYSE:TXT) subsidiary renowned in snowmobiles and powersports, to integrate the Arctic Cat G8 display powered by Garmin into select 2025 snowmobile models. Garmin and Arctic Cat continue their collaboration with the Arctic Cat G8, marking their latest joint effort in display technology for snowmobiles and off-road vehicles, extending their partnership from install kits introduced as early as 2021. According to Benzinga Pro, GRMN stock has gained over 64% in the past year. Investors can gain exposure to the stock via Global X Internet Of Things ETF (
- NEWSPlanet Labs Slashes Workforce By 17%, Eyes Efficiency Amid Financial ChallengesOn Wednesday, Planet Labs (NYSE:PL) announced a reduction in workforce affecting approximately 17% of its employees. In an exchange filing, the company announced it would reduce its global workforce by about 180, constituting approximately 17% of its workforce before the cuts. This decision aligns with the company’s strategy to realign resources with market opportunities, enhance operational efficiency, and foster long-term growth and profitability. Due to the workforce reduction, the company expects to incur non-recurring charges totaling approximately $9.5 million to $10.5 million before taxes. These charges include severance and other termination benefits. The company anticipa
- NEWSElon Musk Calls For Suing Jeff Bezos' Blue Origin Space Company As Billionaires' Battle Takes Nasty Turn: 'Not Cool…To Impede SpaceX's Progress By Lawfare'Amazon founder Jeff Bezos-owned Blue Origin last week filed a public comment on the Federal Aviation Administration’s plan to evaluate the environmental impact of granting commercial license to Elon Musk-owned SpaceX’s Starship at Kennedy Space Center (KSC), Florida, urging upon the federal agency to set limits on the number of launches. This did not go down well with the Tesla CEO. What Happened: As the FAA works on preparing an Environmental Impact Statement (EIS) of SpaceX launches from the base, Blue Origin presented seven considerations for the agency. These include capping the rate of Starship-SuperHeavy (Ss-SH) launch, landing and other operations as well as limiting its operations
- NEWSWhat's Going On With AST SpaceMobile Stock Wednesday?AST SpaceMobile, Inc (NASDAQ:ASTS) stock was somewhat volatile on Wednesday for no specific reasons. AST SpaceMobile tapped telecom industry veteran Johan Wibergh to its board, effective June 3. Wibergh has over 35 years of experience in telecommunications, including leadership positions at Vodafone and Ericsson. Also Read: SpaceX’s Starship Cleared For 4th Liftoff: FAA Greenlights June 6 Test Launch Wibergh will also serve as chairman of AST SpaceMobile’s newly formed Network Planning and Spectrum Committee of its board. On May 29, Verizon Communications collaborated with AST SpaceMobile to provide Verizon customers with direct-to-cellular AST SpaceMobile service. Also, in Ma
- NEWSWhat's Going On With AST SpaceMobile Stock On Wednesday?AST SpaceMobile Inc (NASDAQ:ASTS) shares are trading higher after the company announced a partnership with Verizon Communications Inc (NYSE:VZ) to provide Verizon customers with direct-to-cellular AST SpaceMobile service when needed. The deal involves a commitment of $100 million from Verizon, including $65 million of commercial prepayments, $45 million of which are subject to earnout, and $35 million of convertible notes. “This new partnership with Verizon will enable AST SpaceMobile to target 100% coverage of the continental United States on premium 850 MHz spectrum with two major U.S. mobile operators in the most valuable wireless market in the world, a transformational commercial
- NEWSWhy Is Garmin Stock Falling Today?Garmin Ltd. (NYSE:GRMN) shares are trading lower after BofA Securities analyst Ronald J. Epstein downgraded the stock to Underperform from Neutral and cut the price target from $165 to $150. The analyst writes that in the first quarter, Garmin demonstrated the strength of its brand and the resiliency of its customers and witnessed growth across segments. However, the analyst worries that the momentum is decelerating, implying that the current valuation is unsustainable. Epstein says that the company’s AutoOEM segment continues to ramp production and remains on track to hit the $800 million revenue target in 2025. The analyst expects the segment to reach breakeven in 4Q24 and sees
- NEWSAdvanced Manufacturing and Factory Automation Company Trimble Stock Slides After Q1 Print, What's Going On?Trimble Inc (NASDAQ:TRMB) reported a fiscal first-quarter 2024 revenue growth of 4% to $953.30 million, beating the consensus of $912.53 million. Revenue growth was flat Y/Y on an organic basis. The adjusted EPS of $0.64 beat the consensus of $0.62. The stock price gained after the results in the premarket session, only to fall after the market opened. Annualized recurring revenue was $2.03 billion, up 23% Y/Y on an organic basis. Product revenue declined 15.5% Y/Y to $367.1 million. Subscription and services grew by 21.9% Y/Y to $586.2 million. The adjusted gross margin expanded by 160 bps to 65.8%. Trimble held $255.1 million in cash and equivalents as of the first quarter
- NEWSGarmin's Advanced Wearables Are In Demand, Surprises With Q1 Profit GrowthGarmin Ltd (NYSE:GRMN) reported fiscal first-quarter 2024 revenue growth of 20% year-on-year to $1.38 billion, beating the consensus of $1.25 billion. The GPS navigation and wearable technology company's proforma EPS of $1.42 beat the consensus of $1.01. Segments: Revenue from Fitness grew by 40% year over year to $342.89 million, with growth across all categories led by strong demand for advanced wearables. Outdoor revenue improved by 11% year over year to $366.19 million, primarily due to growth in wearables. Aviation revenue grew by 2% year over year to $216.86 million, primarily due to growth in OEM product categories. Marine revenue increased by 17% Y/Y to $326.74 million
- NEWSSirius XM Reports Steady Growth In Advertising Revenue, Subscriber Numbers DipSirius XM Holdings Inc (NASDAQ: SIRI) reported a fiscal first-quarter 2024 revenue growth of 1% year-on-year to $2.16 billion, beating the consensus of $2.13 billion. Adjusted EPS of 7 cents was in-line with the consensus. Subscriber revenue was $1.68 billion in the quarter, versus $1.69 billion a year ago. Advertising revenue grew by 7.2% Y/Y to $402 million. For the year, SiriusXM self-pay subscribers decreased by 457,000 to 31.6 million total subscribers, a (1)% decline Y/Y. The self-pay monthly churn remained at 1.7% for the first quarter of 2024, up from 1.6% in the first quarter of 2023, with the bulk of the increase attributable to vehicle-related churn. SiriusXM self-pa
- NEWSThe Pentagon Is Pouring Billions Into Space Industry As Chinese Threat GrowsSpace is critical to the security of the United States. The US military and intelligence services rely heavily on the functioning of a vast fleet of satellites that orbit the Earth. Without the constant stream of communications the satellites facilitate, the photographs they take, or the targeting data they deliver, the functioning of the military would be crippled and the security of the US compromised. As John F. Plumb, assistant secretary of defense for space policy, puts it, “For the Department of Defense space is essential to how we compete and fight in every domain. It provides us with a missile warning and missile tracking critical to defending our homeland. It provides position na
- NEWSTitans Musk, Bezos Steal The Spotlight But Ahead Of 2024 Election The Space Sector's Role Comes Into FocusThe Procure Space ETF (NASDAQ:UFO) opened flat Thursday, continuing to consolidate a big break up from a descending channel, which Benzinga pointed out was likely to happen on Oct. 23. The thematic fund, which invests in companies powering the space sector, has gained over 8% since that date. While news of the commercial space industry is often dominated by Elon Musk’s and Jeff Bezos’ aspirations to open the cosmos to tourism and interplanetary human habitation, the sector is of vital importance to life on Earth. It is relied upon by governments for national and global security, for researching, monitoring and evaluating natural disasters and for national and international communication. M
- NEWS'Survival Is Far From Assured' Says Expert As Iceland Prepares For Largest Volcanic Eruption In 50 YearsSouthwest Iceland is bracing for a volcanic eruption following thousands of earthquakes that have split houses apart and caused large sinkholes to form across the local landscape. Officials in the country declared a state of emergency and on Tuesday urged 3,000 residents of the small fishing town of Grindavik to evacuate amid signs that “magma is moving closer to the surface,” CNN reported. What’s Happening: Scientists said on Monday that “the greatest area of magma upwelling” is in an area 3.5 kilometers (two miles) northeast of the coastal town, according to the outlet. Local officials are also concerned about a geothermal power plant that’s about six kilometers (four miles) away from Gr
- NEWSTrading Strategies For Virgin Galactic Stock (SPCE) Following Post-Q2 Earnings BeatVirgin Galactic Holdings, Inc (NYSE:SPCE) surged more than 35% at one point on Thursday, receiving a bullish reaction to its second-quarter financials after beating expectations and showing strong growth. For the quarter, Virgin Galactic printed an earnings loss of 28 cents per share on revenue of $1.73 million, coming in ahead of the estimate for a loss of 43 cents per share on booking growth of $1.07 million. The space tourism stock showed a high level of growth year-over-year, doubling its top-line results. The positive reaction to Virgin Galactic’s print may have been anticipated by technical traders because the stock had recently negated its downtrend with the formation of a higher h
- NEWSSpace Industry Plays Vital Role In Israel-Hamas Conflict As Escalation Ramps Higher, Possible Ground Invasion NearsThe Israel-Hamas war continued to escalate over the weekend and on Monday, the Israel Defense Forces (IDF) launched fresh airstrikes in Gaza, while heeding advice from the Joe Biden Administration to hold off on a ground invasion. Like with all modern wars, including the ongoing Ukraine-Russia conflict, the space industry, which is essential for communication, navigation and imaging is thrown into focus. Looking back, the importance of satellites, in particular, was demonstrated when Tesla, Inc CEO Elon Musk agreed to provide SpaceX Starlink devices to Ukraine, which undoubtedly changed the path of the war, especially for Ukrainians, who depend on the internet for information. With the Is
- NEWSIsrael-Hamas Conflict Shines Light On Critical Role Of Space SectorSpace technology has become an integral part of modern life, affecting almost every aspect of society. It is integral to communication, navigation, scientific research, and national security. It’s often taken for granted until major events bring its immense importance into sharp focus. The renewal of violence in the Levant is no exception. In the chaos of the last week, space technologies – and the companies that design, build, and deploy them – have proven to be critical assets for governments, news organizations, and citizens alike. COMMUNICATION Space technology plays a pivotal role in communication during times of conflict. Satellites orbiting high above the Earth enable the real-
- NEWSChart Of The Day - Extraterrestrial InvestingSpace ETFs: as a matter of personal interest, but also of topical interest given the recent rise of the commercial space sector (not to mention increasing interest/news around UAP!), I thought it would be worth keeping tabs on the flow of investment (or underinvestment as it turns out) into space-related ETFs. Currently, pure-play space ETFs (which tend to hold more of the NewSpace companies like RocketLab, Virgin Galactic, et al (albeit, do NOT hold the much larger and unlisted/private SpaceX)) — such as US listed ETFs UFO (NASDAQ:UFO), ROKT (NYSE:ROKT), ARKX (BATS:ARKX) and UK listed funds JEDI, YODA, SSIT — account for about 0.01% of all US-listed Equity ETF assets under management. T
- NEWSFrom American Soil To Global Skies: Blue Origin Eyes International ExpansionAs part of its ambitious vision to expand globally, Blue Origin, the private American aerospace manufacturer founded by Amazon Inc. (NASDAQ:AMZN)’s Executive Chairman Jeff Bezos, is now looking to establish international launch sites. This move comes after the company’s notable progress domestically, which includes partnerships with NASA and numerous successful launches. With its eyes on international expansion, Blue Origin is stepping onto the global stage. Blue Origin’s Blueprint For Expansion The plan involves setting up launch sites outside the United States, a significant move in broadening the company’s reach beyond its American base. Specifics about the locations for the new sit
- NEWSHow To Trade The Whistleblower Revelations About UFOsNews has been making the rounds on Tuesday evening about the intelligence officer whistleblower named David Grusch who has come out and claimed that there are UFO/UAP crash retrieval and reverse-engineering programs nested within DoD and commercial Special Access Programs that have been hidden from Congressional oversight for decades. Although this may be difficult to believe, the Pentagon cleared the whistleblower’s public comments and he has testified in front of Congress for 11 hours, and his colleagues in the intelligence community are vouching for him personally and have also confirmed that his claims are true. The original story was posted at the Debrief on Monday and it has now be
- NEWSTop Wall Street Bets Mentions For Monday February 13, 2023: TSLA, UFO, PLTR, GOOGL, MSFT, NVDA, ABNB, GOOG, META, BOIL
- PRProcureAM Launches First-Ever Global Disaster Recovery ETFApproach provides investment exposure to $2.2 trillion industry. Firm to celebrate launch by ringing Nasdaq opening bellLEVITTOWN, PA / ACCESSWIRE / June 1, 2022 / ProcureAM, a wholly owned subsidiary of Procure Holdings, LLC, today launches the Procure Disaster Recovery Strategy ETF (NASDAQ:FEMA), and rings the opening bell at Nasdaq MarketSite in celebration.Since 1980, the United States alone has sustained 323 weather and climate disasters, costing a staggering $2.2 trillion dollars in total. By the end of this century, the U.S. government predicts $2 trillion per year in damages from hurricanes, wildfires, floods, droughts, severe storms or earthquakes. The FEMA ETF is the first fund to
- PRMomentus Welcomes Recent Addition to Procure Holdings' Procure Space ETFMomentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today announced its inclusion in the Procure Space Exchange-Traded Fund (ETF) (NASDAQ:UFO) – the world's first ETF to offer pure-play exposure to the global space economy. MNTS and several other space stocks were added to UFO on December 20 as part of the ETF's semi-annual portfolio rebalancing exercise. UFO's underlying index, the S-Network Space Index, requires that at least 80% of its components derive a majority of their revenue from space-related activities. "We're pleased to be included in the Procure Space ETF," sa
- NEWSSpace ETF Adds 8 New Companies Including 7 That Completed SPAC Mergers: What Investors Should KnowA pure-play space ETF offering investors exposure to growth in the sector announced its semi-annual rebalancing and reconstitution. The news brings eight new companies to the ETF, including seven that went public via SPAC merger. What Happened: The Procure Space ETF (NASDAQ:UFO) announced the addition of eight new names to the space-themed ETF. The new companies added to the fund are: Arqit Quantum: Cybersecurity company Arqit Quantum Inc (NASDAQ:ARQQ) plans to supply encryption services against cyber threats. The company uses satellites connected to secure networked devices on Earth. Astra Space: A SPAC deal in February made Astra Space Inc (NASDAQ:ASTR) the first publicly-listed space
- PRThe Procure Space ETF (UFO) Conducts Semi-Annual Rebalance8 newly public space-related companies added to the fundLEVITTOWN, PA / ACCESSWIRE / December 20, 2021 / ProcureAM, a wholly owned subsidiary of Procure Holdings, LLC, today announces results of its semi-annual rebalance and reconstitution for the Procure Space ETF (NASDAQ:UFO) ― the world's first exchange-traded fund (ETF) to offer pure-play exposure to the global space economy.The following companies have been added to the fund's portfolio, effective as of Dec. 20, 2021.Arqit Quantum (ARQQ): A cybersecurity company, Arqit Quantum plans to supply quantum encryption services via satellite to secure networked devices (on Earth) against sophisticated cyber threats.Astra Space (ASTR): Astra Spa