Since late 2019, space- and satellite-based companies and other companies in the aerospace and defense sector have been the focus of interest from special purpose acquisition companies (SPACs). Similarly, SPACs have been looked at by many startup space- and satellite-based companies as attractive vehicles for access to the public equity markets after their original venture capital rounds of funding. SPACs may provide an effective vehicle for going public and accessing the public capital market, as well as providing funds to help bring these space and satellite companies into commercial operation.
Read more: Aerospace and Defense Insights | Special purpose acquisition company (SPAC) transactions: Are space and satellite companies good candidates?
Authored by Adam Brown, Steven Kaufman, Michael Mason, Stephen Propst, and Randy Segal.