Procure Space ETF will track the S-Network Space Index

The S-Network Space Index tracks a portfolio of companies that derive substantial revenue from space-related activities.

The SPACE Index is designed to serve as an equity benchmark for globally traded stocks that are materially engaged in the space industry.

The companies in the SPACE Index span multiple industries, including (a) satellite-based consumer products and services; (b) rocket and satellite manufacturing, deployment and maintenance; (c) space technology hardware; (d) ground equipment manufacturing; and (e) space-based imagery and intelligence services.

Both ETFs will have fees of 75 BPs.