Space has become a strategic weapon in the ongoing conflict with Iran, with the first pure-play space exchange-traded fund, the Procure SpaceETF® (UFO), focusing on companies generating revenue from the space Industry. Space and the U.S. Space Force have played a significant role in real time missile tracking, target identification, and the destruction of Iran’s space operations and satellite command centers. The destruction of Iranian space operations may reduce Iran”s ability to coordinate retaliatory strikes. Satellite imagery from companies like Planet Labs* and Vantor* also provided intelligence regarding U.K. military buildup in the Middle East. However, the vulnerability of terrestrial radar infrastructure and communications systems to drone and missile attacks is increasing, leading to the need for space-based intelligence systems. The conflict in Iran and the Middle Eastern is highlighting the importance of space for the military, highlighting its strengths and weaknesses.