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AsiaPac · 23 mins ago

Eric Trump-backed Space-Eyes to appoint ex-Delta Force officer and ex-banker, sources say

NEW YORK, Aug 21 : Drone technology company Space-Eyes, backed by Eric Trump, will appoint a former Delta Force officer, a former Morgan Stanley investment banking chief and two others to its post-merger board as it prepares to become a public company, according to two people familiar with the matter.Space-Eyes said last month it had agreed to go public in the fourth quarter through a special purpose acquisition company, or SPAC, merger with blank-check company McKinley Acquisition Corp. The deal valued the combined company at $638 million, including cash held by the SPAC, and assigned an enterprise value of $370 million to the operating business.The Miami-based research-and-development company, which has said it generates about $1 million in annual revenue, develops AI-powered geospatial
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