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FINANCE-VC1d ago
Montreal’s NorthStar Earth & Space targets NYSE in $300M SPAC merger to fund satellite constellation
NorthStar Earth & Space has entered a definitive agreement with Viking Acquisition Corp. I for a $300M SPAC merger to fund its 52-satellite constellation. The deal includes a $30M PIPE led by Cartesian Capital Group. NorthStar aims to enhance its operational capabilities and safeguard orbital environments, with shares expected to trade as NSTR post-merger in Q3 2026.