Why Space Industry Investing Is Taking Off

Artificial intelligence might be the hottest technology today, but nothing quite captures the imagination like space technology.

In this episode of Exchange Traded Fridays, etf.com Senior Analyst Sumit Roy and etf.com Wealth Management Editor Jeff Benjamin sit down with Andrew Chanin, founder of ProcureAM, the firm behind the Procure Space ETF (UFO), to discuss everything there is to know about space investing.

From rockets to satellites, the space industry is seeing a boom of its own.

What’s driving this growth of the space industry and is it something that investors should consider putting their money into?

Chanin also touches on his other ETF, the Procure Disaster Recovery Strategy ETF (FIXT), a unique fund that invests in companies that aid in “recovering from natural disasters, such as hurricanes, wildfires, floods or earthquakes.”