What does the UAP report say about the possibility of extraterrestrial/alien life form as the explanation for UFOs?

From what read in National Geographic, space aliens are never mentioned directly, but they are not ruled out either. Instead, a number of the reported instances are determined to be inconclusive. The descriptions of these incidents leave a lot of room for interpretation of aircraft that could not have existed at the time and likely couldn’t even today.

An oblong, smooth shape with no common flight elements (wings, tail, etc.) for example. Nicknamed ‘Tic Tac’ by the navy, it was observed (on radar, infrared, and visually) descending from thousands of feet in the air down to just above the water, making a 90° turn (parallel to the water) and zooming always at multiple times above the speed of sound. Whole thing took seconds.

zooming “away” not “always”

There are, literally, bugs in the equipment. That’s why they seem to move so fast. Or not move at all. (This doesn’t explain everything. Some things are probably objects created and deployed to resemble strange things.)

There are bugs in equipment, but the ones where multiple military officers reported seeing the same thing with their eyes, are something else.

Here’s the article I read, BTW:

https://www.nationalgeographic.com/science/article/what-the-pentagon-report-says-about-ufos