Browsing Tag
SWISSto12
2 posts
Astrum Space agrees $1bn Black Spade SPAC as NEASTAR-1 launch risk shifts to public investors
Astrum Space has agreed to go public through Black Spade Acquisition III at an approximately $1 billion equity valuation, with $172.5 million in SPAC trust cash, $168 million of founder funding support and another 25.5 million shares tied to NEASTAR-1 development milestones.
Why SWISSto12’s $70m raise could reshape the small GEO satellite market
The Swiss aerospace company is expanding satellite manufacturing after securing seven HummingSat platforms, but its first launches will determine whether rapid commercial growth becomes durable operating scale.