NorthStar Earth & Space, a space situational awareness and satellite data analytics company, announced a definitive merger agreement with Viking Acquisition Corp I (SPAC) to go public. The transaction values NorthStar at $300 million pre-money valuation and includes a $30 million PIPE commitment led by Cartesian Capital Group. The combined company will trade on NYSE under ticker 'NSTR' and expects to close in Q3 2026. Proceeds will fund satellite sensor deployment and spacecraft integration.
Successfully completing a merger with a well-positioned company in the high-growth space infrastructure sector. The transaction provides VACI shareholders exposure to a mission-critical space technology company with strong customer interest and secular tailwinds.