Quantum Space’s military SPAC is trying to catch SpaceX’s IPO wave
Quantum Space is pursuing a $1.2 billion merger with a SPAC to fund the production of Ranger, a highly maneuverable spacecraft for the U.S. military. The move aims to scale manufacturing in Oklahoma and secure task orders within the $6.2 billion Andromeda reconnaissance contract against competitors like True Anomaly and Lockheed Martin.