REDLattice to go public via SPAC, backed by $335M and US$808.8M valuation
What's the deal? REDLatticeDealroom has a profile for this one. Try Dealroom →, a cyber intelligence platform serving US and allied governments, will become a publicly traded company through a merger with Bold Eagle Acquisition CorpDealroom has a profile for this one. Try Dealroom →. The deal values REDLattice at a pre-money enterprise value of $1.25 billion and comes with $335 million of committed capital. The combined company will list on the Nasdaq under the ticker "REDL," with closing expected around year-end 2026.
Who's backing it? The capital is anchored by Loomis, Sayles & Co.Dealroom has a profile for this one. Try Dealroom →, including US$38.8M common stock investment led by existing investor AE Industrial PartnersDealroom has a profile for this one. Try Dealroom → and Eagle Equity Partners. The transaction is expected to provide up to roughly $610 million in gross proceeds.
How big is this? At $340 million, the round sits in the 82nd percentile by size among comparable deals — a top-fifth raise that underscores investor appetite for scaled defense technology.
What does REDLattice do? Founded in 2012, the company provides lawful intercept, vulnerability research, and intelligence acquisition tools that help government agencies detect and neutralise threats. It sells exclusively to nation-state and federal agencies, serving more than 100 customers across 23 countries.
The numbers. For the twelve months ended June 30, 2026, REDLattice generated $267 million in revenue, up 29% year-over-year. As of the same date, it held a contracted backlog of $200 million and an active pipeline of $1.5 billion.
What's the money for? Chief executive officer Andy Boyd said the transaction provides "the capital and public market currency to accelerate our organic growth, expand our product portfolio and pursue disciplined M&A across adjacent mission-critical capabilities."
Why now? Boyd framed the timing around artificial intelligence, which he said "has fundamentally accelerated the pace of cyber conflict." As AI raises the speed and sophistication of threats, governments are leaning harder on specialist partners to keep their technical edge.
The signal: The deal reflects strong investor conviction in defence technology and a revival of the SPAC route for scaled, revenue-generating companies. With backlog, a large pipeline, and public market currency for acquisitions, REDLattice is positioning itself as a consolidator in operational cyber intelligence.
Read more: businesswire.com
Image credit: Redlattice
