Private companies such as SpaceX are driving costs down for everyone in the space race, says man behind UFO ETF
Private space companies are paving the industry's path to profits, says the man behind the Procure Space ETF (UFO). "They're really opening up the entire environment for space companies and future would-be space companies to lower those barriers of entry." State Street offers the SPDR S&P Kensho Final Frontiers ETF (ROKT), the first space ETF to hit the market. Aerojet Rocketdyne, which defense giant Lockheed Martin is buying in hopes of competing with private space companies, played a key role in Blue Origin's New Shepard rocket launch, Bartolini said. "You can see the derivative effects of a private company impacting the public markets just from that one example of Lockheed and Aerojet," he said.cnbc.com
These stocks could appear in Ark Invest's new space ETF, two market analysts say
Speculation is surging around Ark Invest's upcoming space ETF. The announcement of the ETF, which will trade under the ticker ARKX, sparked a rally in space-related stocks in mid-January. Now, market analysts are closing in on the names that could be featured in the fund. "You can already dig into some of their ETFs now," Tom Lydon, CEO of ETF Trends and ETF Database, suggested Wednesday on CNBC's "ETF Edge." ProcureAM CEO Andrew Chanin, the man behind the rival Procure Space ETF (UFO), had a few other ideas.cnbc.com
'Debris' revealed: Take a 1st look at NBC's new sci-fi alien drama
Dropping out of the sky and landing on NBC next month, "Debris" is a new UFO mystery series with a serious paranormal pedigree. The peacock network has recently delivered the first teaser trailer and key art to entice springtime viewers. Wyman, showrunner and executive producer of J.J. Abrams' brilliant sci-fi show, "Fringe" and creator of "Almost Human." Related: The best sci-fi movies and TV shows on Amazon PrimeThe new sci-fi alien drama series "Debris" launches on NBC March 1, 2021. I'm more [interested in] human interactions ... What does it look like when there are questions that are asked that really shine a light on the human condition?space.com
A mysterious light in the sky off Florida’s coast Tuesday night was a missile launched from a submarine
“No that’s not a UFO,” Zach Covey tweeted. “It was a Trident-II SLBM Missile Test from a submarine off the coast of Florida. The missile test had been scheduled for the past few days and we just so happened to catch it tonight.”sun-sentinel.com
The UFO ETF is up 20% this month. How a Biden administration could impact the space trade
The Procure Space ETF (UFO), the first-ever global ETF to give investors access to the growing space industry, has soared nearly 20% in November amid some positive tailwinds including SpaceX's historic Crew-1 launch with NASA, the first of its kind conducted by a private company. So, think satellites, think ground stations and the various equipment that relies upon satellite signals," Chanin said. It's worth considering adding a thematic ETF such as UFO to more traditional portfolios, Dave Nadig, chief investment officer and director of research at ETF Trends and ETF Database, said in the same "ETF Edge" interview. I suspect in a Biden administration we're going to see not just a focus on [research and development] and traditional NASA-style space exploration. "Many of these smaller satellite companies you have no exposure to unless you're in the Russell 3000.cnbc.com
28 things you probably forgot happened in the whirlwind that 2020 has been
So let’s take a look at all of the wild things that happened so far this year that you probably already forgot about, shall we? (Photo by Brett Hemmings/Getty Images) (2020 Getty Images)Jan. 3: Iranian general Qasem Soleimani was killed in a drone strike by the U.S. (Photo by Joe Raedle/Getty Images) (2020 Getty Images)Feb. 5: After months of investigations, hearings and lots of tweets from Trump, the president was acquitted by the Senate on both articles of impeachment. (Photo by Dan Kitwood/Getty Images) (2020 Getty Images)And now we’re in June. It’s hard to believe that all of those things happened during a pandemic, so who knows what else is next?
Here are the three things driving Virgin Galactic's triple-digit rally: Space ETF issuer
For Andrew Chanin, CEO of ProcureAM and the man behind the Procure Space ETF (UFO), there were three relatively clear drivers for Virgin Galactic's monster move. That's good for Chanin's space ETF, of which Virgin Galactic is the No. "There's a large belief that the next wave of growth for the space industry will be coming from broadband internet communication. "Morgan Stanley says $1.1 trillion by 2040. They believe it's going to be from broadband internet," he said, referring to some of Wall Street's total addressable market estimates for the space industry.cnbc.com
UFO or Atlas V rocket? Local 10 viewers report seeing strange streak in sky
That unidentified flying object seen by many South Florida residents before sunrise Thursday was, in fact, the United Launch Alliance's Atlas V rocket blasting off from Kennedy Space Center. The Atlas rocket, a joint venture between Lockheed Martin and Boeing, lifted off at 6:13 a.m. Many viewers contacted Local 10 News to report a UFO, sharing video and photographs of the strange streak across the sky. Good Morning South Florida! Well it was the United Launch Alliance's Atlas V rocket blasting off at 6:13 AM from Kennedy Space Center!