President Donald Trump directed federal agencies in February 2026 to identify and declassify government records on unidentified anomalous phenomena, UAPs, and extraterrestrial matters, establishing the Presidential Unsealing and Reporting System for UAP Encounters. The Pentagon followed through on May 8 with an initial public release of never-before-seen documents, videos, and photographs on a dedicated site, with additional tranches scheduled on a rolling basis every few weeks under coordination between the Department of War and the Office of the Director of National Intelligence. This ongoing process, framed as maximum transparency without redactions, has accelerated review of decades-old holdings across multiple agencies. Trader assessments of near-term declassification milestones now hinge on the speed of these scheduled releases and any further official announcements expanding the scope.