Global X Debuts Pure-Play Space Technology ETF in Europe

Global X has launched the Global X Space Tech UCITS ETF (LUNR), listed on the London Stock Exchange and Deutsche Boerse with a 0.50% fee. Tracking the Mirae Asset Space Tech UCITS Index, the fund focuses on companies deriving at least 50% of revenue from space-related activities, including satellite communications, launch systems and space exploration. Global X said the ETF aims to provide targeted exposure to the expanding space economy through a pure-play approach that prioritizes businesses where space technology is a core revenue driver.