Space-Eyes, backed by Eric Trump, plans a $638m SPAC debut
Space-Eyes, a Miami geospatial-intelligence company backed by Eric Trump, plans to go public through a $638 million blank-cheque deal, deepening the family’s defence-tech ties.
A defence-technology company backed by Eric Trump is preparing to go public through a $638 million SPAC merger, deepening the Trump family’s already extensive ties to the national-security industry.
Space-Eyes, a Miami-based geospatial intelligence firm, would list through a blank-cheque deal, following the path of Foundation, another Eric Trump-backed defence venture now winning Pentagon contracts.
Space-Eyes is a niche but strategic player. Founded in 2001, the roughly 35-person company builds satellite-based AI that tracks maritime activity, trade flows, and other security signals for governments and businesses.
The 💜 of EU tech
The latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!
Its focus sits at...
Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE