Merlin, Inc., an aerospace and defense technology company specializing in AI-powered autonomous flight systems, has completed its business combination with Inflection Point Acquisition Corp. IV (SPAC). The transaction raised approximately $200 million in gross proceeds and values Merlin at $800 million pre-money. The combined company will begin trading on NASDAQ under ticker symbol 'MRLN' on March 17, 2026. Merlin has $100M+ in awarded military contracts and is positioning itself as a leader in autonomous aviation technology.
Successfully completed SPAC transaction with strategic asset in high-growth autonomous aviation sector. CEO expresses confidence in Merlin's market position and growth potential, with prior successful transactions (Intuitive Machines, USA Rare Earth).