Satellite Firm Astro Digital to Go Public in $587 Million SPAC Deal

Satellite startup Astro Digital to go public in $587 million SPAC deal as space sector heats up - Tech Startups

Satellite startup Astro Digital is heading to Wall Street in a $587 million SPAC deal, joining a fresh wave of space companies seeking public-market capital as demand for satellites, defense systems, and orbital infrastructure grows. The California-based satellite maker said […] The post Satellite startup Astro Digital to go public in $587 million SPAC deal as space sector heats up first appeared on Tech Startups.

Satellite firm Astro Digital to go public in $587 million SPAC deal

Sept 28 : Satellite maker Astro Digital said on Monday it had agreed to go public through a merger with blank-check company Proem Acquisition Corp I, in a deal valuing the company at about $587 million.Here are some details:• Early-stage space companies are increasingly turning to SPAC mergers to tap

Astro Digital, Premier Builder of Satellites for Commercial, Civil and Defense Applications, to Become Public Through Merger with Proem Acquisition Corp I

DENVER & DALLAS--(BUSINESS WIRE)--Sep 28, 2026-

Astro Digital to Go Public Through Proem SPAC Merger at $587 Million Enterprise Value

Astro Digital has agreed to go public through a merger with Proem Acquisition Corp I (Nasdaq: PAAC) in a transaction... The post Astro Digital to Go Public Through Proem SPAC Merger at $587 Million Enterprise Value appeared first on citybiz.