Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Virgin Orbit carries out first night mission for US Space Force and Circle CEO says USDC stablecoin provider is in strongest position ever
Virgin Orbit carries out its first night mission for the US Space Force
Virgin Orbit (NASDAQ:VORB) has ticked off another milestone for its fledgling launch business, successfully carrying out its first night-time mission over the weekend and deploying satellites into low-Earth orbit. The flight is the first of three the company will carry out for the United States Space Force as it eyes international expansion of its operations.
Virgin Orbit finally commenced commercial operations last June following years of development and test flights. The company’s approach to satellite launches involves a modified 747 that takes off from conventional airport runways and releases a rocket called LauncherOne from high altitude. This rocket then fires up its own engines to carry on to orbit with the customer’s payload.
NextGen Acquisition Corp. II completed its combination with space venture Virgin Orbit in December 2021.
READCircle CEO Says USDC Stablecoin Provider Is in ‘Strongest Position’ Ever
A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...
Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....
At the SPAC of Dawn In a trading session that may find itself built around the release of Fed minutes at 2 pm ET this afternoon, a pair of SPAC targets have added their own fresh information to the mix. Enterprise AI firm Fusemachines, which has a pending combination with CSLM (OTC:CSLMF), put out a...
Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...