ProcureAM says space industry may be the ‘under-the-radar’ winner as Apple launches iPhone 14

ProcureAM co-founder and CEO Andrew Chanin talks to Proactive about how the space industry may be an under-the-radar winner after Apple hosted a recent event to celebrate the launch of the new iPhone 14.

At the event, he said Apple highlighted that their new line of phones will have satellite connectivity to support emergency messaging and communications features.

Already, Globalstar has inked a deal to provide satellite capabilities for Apple iPhone 14 devices.

He also discussed a number of other deals impacting companies operating in the space sector.

Chanin runs The Procure Space UCITS ETF (LSE:YODA), which seeks to offer pure-play exposure to the space economy by tracking the S-Network Procure Space Index, which is focused on satellite technologies, space technology and hardware, rocket and satellite manufacturing and operation, and telecommunications.

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