Global X Launches Space Tech ETF as Industry Transitions to Commercial Exploration
ORBX aims to invest in pure-play innovators and space technology disruptors, including much-anticipated public listings
The space economy was once a speculative frontier controlled exclusively by global superpowers, but it could become a
“Investors are looking for ways to capitalize on space exploration but we believe existing ETF options often dilute exposure with broad allocations or unrelated technology holdings,” said
ORBX tracks the Global X Space Tech Index, which tracks pure-play companies, meaning those that earn at least 50% of their revenue from critical segments of the upstream and downstream space sectors. This includes companies involved in the development of rocket launch systems and reusable rockets; the production of mission-critical space technology and components, including engines, orbital transport systems, software, and data solutions; the delivery of satellite-enabled telecommunications and data services; and the provision of space transportation, tourism, and exploration services.
Newly listed companies will be assessed for inclusion in the index on the second and fourth Friday of most months; in February, May, August, and November, newly listed companies will be considered for inclusion on the regular quarterly reconstitution dates.
“The global space economy is expanding, with several high-profile IPO candidates on the horizon. As a leader in thematic investing, we’ve designed ORBX to deliver a pure-play approach across the space value chain targeting disruptive innovators within that market,” Palandrani continued. “Advancements in technology are moving the entire space tech value chain forward. In the near-term, we expect to see significant value from businesses offering reusable rockets, space tech components, satellite telecommunications, and data services. In the longer term, we believe there’s also potential for space transportation, exploration, and even long-duration opportunities like orbital computing. Despite the market volatility we’ve seen so far this year, investor appetite for structural growth remains strong. In short, we believe the space economy is positioned for meaningful growth.”
|
New Fund Details |
||
|
Fund |
Expense Ratio |
CUSIP / ISIN |
|
Global X Space Tech ETF (ORBX) |
0.50% |
37966B778 / US37966B7780 |
About Global X
Global X was founded in 2008. For more than fifteen years, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features a wide range of ETF strategies and
Global X is a member of
Important Information
This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information is not intended to be individual or personalized investment advice and should not be used for trading purposes. Please consult a financial advisor for more information regarding your situation.
Investing involves risk, including the possible loss of principal. ORBX is subject to certain principal risks, including: Affiliated Index Provider Risk; Depositary Receipts Risk and Equity Securities Risk; Associated Risks Related to Investing in Space Tech Companies; Large-Capitalization Companies Risk; Mid-Capitalization Companies Risk; Small-Capitalization Companies Risk; Micro-Capitalization Companies Risk; Currency Risk; Custody Risk; Cybersecurity Risk; Risks Related to Investing in the Aerospace and Defense Industry and the Industrials Sector; Foreign Securities Risk; Risk of Investing in Developed Markets and Emerging Markets; Indexing Strategy Risk, including Index-Related Risk, Management Risk, and Tracking Error Risk; International Closed Market Trading Risk; Investable Universe of Companies Risk; Issuer Risk; Market Risk; New Fund Risk; Newly Listed Company Risk; Non-Diversification Risk; Operational Risk; Risks Associated with Exchange-Traded Funds, including Authorized Participants Concentration Risk, Large Shareholder Risk, Listing Standards Risk, and Market Trading Risks and Premium/Discount Risks; Trading Halt Risk; and Valuation Risk.
Space tech companies may face high research and development costs, intense competition, rapid technological change, and evolving regulation that could limit market access or render products obsolete. Results and reputations may be significantly affected by launch failures, mission anomalies, schedule delays, capacity constraints, rising costs, and defaults by launch providers or key suppliers. Companies in the Aerospace & Defense industry are subject to government defense budgets, geopolitical tensions, and regulatory changes, which can significantly impact revenues and profitability.
International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses, which may be obtained at globalxetfs.com. Please read the prospectus carefully before investing.
|
[i] Global X estimate, with information derived from Novaspace’s Space Economy Report (
[ii] Source: Global X ETFs, as of
[iii] Source: Mirae Asset, as of |
View source version on businesswire.com: https://www.businesswire.com/news/home/20260415271641/en/
Media Contact
+1 212-446-1884
akouvaras@sloanepr.com
Source: