Mar 4, 2021

Satellite constellation operator Spire Global to go public via $1.6 billion SPAC – TechCrunch


Darrell Etherington @etherington / 4 days

Monday brings with it not one, but two space SPACS — there’s Rocket Lab , and there’s Spire Global, a satellite operator that bills itself primarily as a SaaS company focused on delivering data and analytics made possible by its 100-plus spacecraft constellation. SPACs have essentially proven a pressure-release valve for the space startup market, which has been waiting on high-profile exits to basically prove out the math of its venture-backability.


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