UFO's approach starts with the index it tracks. The S-Network Space Index only includes companies that generate meaningful revenue from space-related activity, and that filter is what gives the fund its shape.
Entrants will be required to write three- to five-page white papers that explain their idea and how they would shape markets and strengthen the space economy or national security. Papers are due by June 30, and judging will be complete by August 15. As an additional incentive, the best ideas will be briefed to relevant policymakers, including key members of Congress, NASA Administrator Jared Isaacman, and Saltzman, of the Space Force.