3 Satellite Communications Stocks Powering UFO
The article highlights that satellite communications companies, including EchoStar (ECHO), Iridium Communications (IRDM), and Sirius XM Holdings (SIRI), are among the top holdings of the Procure Space ETF (UFO). It notes that these companies have delivered particularly strong gains in 2026, reflecting the growing importance of satellite communications, navigation, spectrum, and connectivity in the space economy.
Why it matters — EchoStar watchers would care because the article positions ECHO as a prominent holding in a space-focused ETF and points to its strong share-price performance in 2026, underscoring its growing role in the satellite communications sector.