Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Joby teams up with ANA to bring flying taxis to Japan, Rigetti partners with Nasdaq to pursue quantum advantage, and Nauticus Robotics announces defense innovation award
Joby Teams Up With ANA to Bring Flying Taxis to Japan
Flying from Japan’s Osaka station to Kansai International Airport could take just 15 minutes based on plans laid out by flying-taxi startup Joby Aviation Inc. (NYSE:JOBY) and the country’s biggest airline.
Joby and ANA Holdings Inc. will work together to bring aerial ridesharing to Japan for the first time, according to a statement on Monday. Toyota Motor Corp. will join the partnership and focus on ground-based transport.
READRigetti and Nasdaq Team-Up to Pursue Quantum Advantage for Financial Applications
Rigetti Computing, a pioneer in full-stack quantum computing, today announced a collaborative agreement with Nasdaq (Nasdaq:NDAQ) to pursue the development of quantum applications to help solve high-impact computational problems in the financial industry. The efforts will be powered by Rigetti Quantum Cloud Services, featuring Rigetti’s 80-qubit “Aspen M” series quantum processor – the quantum computing industry’s first commercial multi-chip processor.
On October 6, 2021, Supernova II (NYSE:SNII) entered into a definitive agreement to combine with quantum computing firm Rigetti.
READNauticus Robotics Announces U.S. Defense Innovation Unit Award for Autonomous Subsea Command and Control Software
Nauticus Robotics, Inc., a Houston-area developer of surface and subsea robots, autonomy cloud software, and associated services, has been awarded an Other Transaction Agreement by the U.S. Defense Innovation Unit (DIU) to prototype its autonomous command and control software platform, ToolKITT, aboard the U.S. Navy’s VideoRay Mission Specialist Defender Remote Operated Vehicle. DIU is a Department of Defense organization that contracts with commercial companies to solve national security problems.
On December 16, 2021, Nauticus Robotics and CleanTech Acquisition Corp. (NASDAQ: CLAQ) entered into a definitive business combination agreement that would result in Nauticus Robotics becoming a public company.
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Despite a week of general pull-backs in the market, fintech firm Ibotta (NYSE:IBTA) nonetheless took the dive and had a good week debuting via a traditional IPO in the choppy waters. The company, which provides app-based consumer cashback discounts on purchases, priced its IPO at $88, above its proposed range of $76 to $84, and...
At the SPAC of Dawn Happy Friday! SPACInsider has unveiled new presets on SPAC Performance accessible via the Data drop-down to easily sort for the highest and lowest performing active SPACs and de-SPACs. On the de-SPAC side, Vertiv (NYSE:VRT) continues to be well ahead of the pack, logging a 710% return by share price adjusted...
AGBA (NASDAQ:AGBA) stock is up over +90% this morning following a +211% premarket spike on news it has signed a definitive agreement to combine with social streaming video platform Triller. AGBA, the company itself, was formed by the $555 million combination between a SPAC of the same name and TAG Companies, a financial services firm...
At the SPAC of Dawn Since closing its combination with DHC last month, AI customer engagement firm BEN (NASDAQ:BNAI) has rolled out new partnerships with call center and healthcare clients. And, while it faces a fair bit of competition in the chatbot realm, several high-profile institutions have demonstrated that creating one that provides useful services...
Blue Ocean (NASDAQ:BOCN) provided significantly more texture today in the presentation for its $275 million combination with Asian digital media group TNL Mediagene, which it expects to hit profitability in the second half of the year despite a slight shakeup in financing for the transaction. The first big update in the first investor deck is...