Breaking Down UFO’s Satellite Communications ExposureUFO seeks to track the VettaFi Space Index (SPACE) and provides exposure to companies involved in the space industry. For UFO, EchoStar provides exposure to satellite communications, wireless spectrum, and the broader development of satellite-based connectivity. Rocket Lab’s agreement to acquire the satellite communications company for approximately $8 billion drove much of the stock’s strong gain. The deal combines Rocket Lab’s launch and satellite manufacturing capabilities with Iridium’s global satellite network and spectrum assets, giving Rocket Lab a larger presence across the satellite communications market. The ETF provides broader exposure to the space economy, including satellite communications, connectivity, navigation, and space infrastructure.