Reusable Rocket Developer iRocket To Go Public Via $400 Million SPAC

Space startup iRocket will go public via a $400 million merger with a special purpose acquisition company (SPAC) backed by former U.S. Commerce Secretary Wilbur Ross. Image credit: : Konstantin Shaklein/Alamy Stock Photo

Space startup iRocket will go public via a $400 million merger with a special purpose acquisition company (SPAC) backed by former U.S. Commerce Secretary Wilbur Ross.

Credit: Konstantin Shaklein/Alamy Stock Photo
Space startup iRocket will go public via a $400 million merger with a special purpose acquisition company (SPAC) backed by former U.S. Commerce Secretary Wilbur Ross. Upon closing, the combined company will operate under the name iRocket Technologies Inc. and the firm’s owners plan to eventually...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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