Viking Acquisition Corp. I
companySPAC
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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.
D2D-COMMS4d ago
NorthStar Earth & Space to Go Public in SPAC Deal at $300M Valuation
NorthStar Earth & Space plans to go public via a SPAC deal with Viking Acquisition Corp. I, valuing the company at $300M. The transaction includes a $30M PIPE from Cartesian Capital Group, aimed at funding its satellite constellation and operations. NorthStar's SDA capabilities include tracking objects as small as 10 cm in orbit, enhancing sustainability in space.