Published On Dec 17, 2020
Speaking with our Daniela Cambone, ProcureAM CEO Andrew Chanin breaks down what could be ahead in the race to space. ProcureAM launched the exchange-traded fund (ETF) with ticker symbol “UFO” of 30 companies to give everyday investors a way to own a stake in the growing space economy. The ETF focuses as much as possible on “pure play” space companies, Chanin says, as roughly 80% of the constituents derive the majority of revenue from space businesses.
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