SPAC
Redwire to go public through a SPAC merger
Redwire, a firm that has acquired several space technology companies in the last year, announced March 25 that it will go public by merging with a special-purpose acquisition corporation (SPAC).
Can you still spell space without SPAC?
The SPAC boom has reshaped the space startup sector. Until recently, there was plenty of capital flowing into startups but few exits. SPACs offer, in some sense, the best of both options: an influx of capital associated with going public, but without the overhead of a traditional IPO.
Sure, you can spell SPAC. But what is it?
The wave of deals involving special-purpose acquisition corporations (SPACs) has grabbed the space industry’s interest in the last few months. It’s also prompted more than a few people to ask: what, exactly, is a SPAC?
Momentus founders to divest shares after Defense Department concerns
The Russian founders of in-space transportation company Momentus have placed their shares into a voting trust and will sell them in the next three years as the company attempts to address U.S. government concerns about its foreign ownership.
Rocket Lab says SPAC deal will accelerate development of Neutron rocket
A growing realization of the need for a medium-class launch vehicle led Rocket Lab to speed up its plans to go public by merging with a special-purpose acquisition company (SPAC).
Spire Global joins rush to public markets with $1.6 billion SPAC deal
Satellite operator Spire Global has unveiled the space-powered Big Data market’s second SPAC deal in just over a week, as the rush to public markets accelerates across commercial space sectors.
Rocket Lab to go public through SPAC merger and develop medium-lift rocket
Rocket Lab, a developer of launch vehicles and smallsats, will merge with a special-purpose acquisition company (SPAC) to support development of a larger launch vehicle, part of the latest wave of deals to take space companies public.
Space industry investment continues to grow
Nearly a year after the onset of the coronavirus pandemic raised fears of a slowdown in commercial space investment, experts say the industry is, in fact, doing better than ever.
Astra to go public through merger with SPAC
Small launch vehicle developer Astra will go public by merging with a special-purpose acquisition company (SPAC), providing the company with nearly $500 million in cash and valuing it at more than $2 billion.
Firefly Aerospace seeking to raise $350 million
Small launch vehicle developer Firefly Aerospace, nearing its first orbital launch attempt, is looking to raise $350 million to scale up production and work on a new, larger vehicle.
Momentus deal could mark new wave of space companies going public
The merger of in-space transportation company Momentus with a special-purpose acquisition corporation (SPAC) could encourage other space startups seeking large amounts of capital to follow its lead.
