NorthStar to go public via Viking SPAC merger, debuts on NYSE American
What's the deal? Viking Acquisition Corp. IDealroom has a profile for this one. Try Dealroom →, a special purpose acquisition company, will complete its merger with NorthStar Earth & Space Inc. on September 30, 2026. The combined business will operate as NorthStar Earth & Space Enterprises, Inc.Dealroom has a profile for this one. Try Dealroom → and begin trading on NYSE American on October 1 under the tickers "NSTR" and "NSTR.WS." Terms of the deal were not disclosed.
What does NorthStar do? The Montreal-based company provides Space Situational Awareness (SSA) and Space Domain Awareness (SDA) services, tracking the position of space objects to improve spaceflight safety. It calls itself the first commercial service to deliver space-based SSA and SDA capabilities internationally, with operations in Luxembourg and New York.
Why now? NorthStar targets what it describes as "the ever-growing threat of space collisions" as satellite traffic climbs. As part of closing, Viking will move its listing from the New York Stock Exchange to NYSE American.
What's the endgame? The SPAC route gives NorthStar a public listing and access to capital markets to scale its collision-avoidance data services. Viking is sponsored by KingsRock Advisors, LLCDealroom has a profile for this one. Try Dealroom →, an advisory firm that works on debt, equity, and M&A transactions.
The signal: The deal reflects continued investor appetite for space infrastructure plays, and space traffic management in particular, as commercial and defence demand for orbital awareness grows.
Read more: benzinga.com
