It is the worst of times for launch providers Virgin Orbit and Astra Space, whose futures could be decided in the next week. And two satellite operators — Momentus and Spire Global — have received delisting warnings from their respective stock exchanges. On that dour note, let’s dive right into this week’s S-SPACi.
(more…)Welcome to S-SPACi.
A pair of struggling launch provider SPACs — Virgin Orbit and Astra Space — are hoping to stay in business in the weeks ahead.
(more…)Also: Satellogic to Launch Crop Signals Device
Welcome to this week’s S-SPACi.
Launch provider Astra Space (NAS: ASTR) has hired Shareholder Intelligence Services (ShareIntel) to investigate possible illegal short selling of the company’s Class A common stock as an April 4 deadline looms to avoid being delisted from the Nasdaq stock exchange.
(more…)Plus news about AST SpaceMobile
Welcome to this week’s S-SPACi.
Apologies for the gap in indexes. I was busy covering the Next-generation Suborbital Researchers Conference in Colorado last week. Lots to catch up on.
(more…)Welcome to this week’s S-SPACi.
Lunar lander builder Intuitive Machines looks to join the Space SPAC index this week. Shareholders are set to vote on its reverse merger with Inflection Point Acquisition Corp. on Wednesday morning. If the deal goes through, the Houston-based company will begin trading on Nasdaq under the symbol LUNR.
(more…)Welcome to this week’s edition of S-SPACi.
Spire Global’s (NYS: SPIR) weather data is being integrated into myairops’ aviation software in a deepening of the two companies’ strategic data partnership. The updated software will provide customers with additional situational awareness and data insights.
(more…)Welcome to S-SPACi.
Shares of SatixFy Communications (NYS: SATX) plunged by $4.94 (68.3 percent) to $2.29 on Tuesday following the announcement that the Israeli satellite communications equipment manufacturer is looking to sell up to 28.4 million shares and $1 million in redeemable warrants.
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Welcome to S-SPACi.
This week BigBear.ai sells more stock, management is shaken up at three space SPACs, Momentus signs a contract with FOSSA, Planet Labs teams with NASA to mitigate global food shortages, and Virgin Orbit’s price target gets cut in half after launch failure.
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