Tag: SPAC
-
Astro Digital Sets $587 Million SPAC Merger to Scale Satellite Production
Astro Digital has delivered nearly 40 satellites across a range of mission types, with customers including NASA, Sony, Boeing, and EchoStar. Its platforms supported the Starcloud-1 on-orbit computing mission and the Mandrake 2 mission for DARPA’s Blackjack program, and the company built the Lyra IoT satellites for EchoStar. The transaction is expected to provide $180…
-
Quantum Space to Go Public in $1.2 Billion SPAC Deal Backed by Former NASA Chief Jim Bridenstine
Quantum Space has agreed to go public through a merger with special purpose acquisition company (SPAC) Inflection Point Acquisition Corp. VI in a transaction valuing the combined company at approximately $1.2 billion. The deal includes a $300 million private investment in public equity (PIPE) led by Inflection Point Asset Management and is expected to close…
-
NorthStar Earth & Space SPAC Deal Values SDA Company at $300M
Why is NorthStar Earth & Space going public at a $300M valuation? Canadian space domain awareness company NorthStar Earth & Space announced Friday it will go public through a SPAC merger that values the Montreal-based firm at $300 million, marking the latest attempt by an orbital debris tracking company to access public capital markets. The…
-
Space-Focused SPAC SAAC Prices $200 Million IPO, Targets Technology and Defense Deals
Space Asset Acquisition Corp. has priced its initial public offering at $200 million, positioning the newly formed blank-check company to pursue acquisitions in the global space economy, with a particular focus on technology and defense-related businesses. The special purpose acquisition company, or SPAC, sold 20 million units at $10 each and is set to begin…