Quantum Space to go public via SPAC merger to accelerate Ranger satellites
Quantum Space, led by former NASA administrator Jim Bridenstine, will merge with Inflection Point Acquisition Corp. VI to go public on Nasdaq (ticker QSPC) in Q4, backed by a $300 million PIPE and $253 million SPAC trust, valuing the company above $1.1 billion if no redemptions. Proceeds will fund ramping Ranger, expand manufacturing in Tulsa, and capitalize on Space Force demand via the Andromeda program, with projected 2026–2027 revenue but ongoing losses.
