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

New York, August 21 - Drone technology firm Space-Eyes, supported by Eric Trump, plans to add a former Delta Force officer, a former Morgan Stanley investment banking director, and two other individuals to its board following a post-merger. The company is set to go public via an SPAC merger with McKinley Acquisition Corp, with the deal valued at $638 million, including cash from the SPAC.

Space-Eyes, headquartered in Miami and generating about $1 million annually, specializes in AI-powered geospatial intelligence and counter-drone technologies for government entities. The board additions aim to strengthen the company's capabilities in national security, defense manufacturing, mergers and acquisitions, capital markets, and corporate governance as it expands.

The new board members, whose identities are not yet public, include retired U.S. Army Lieutenant Colonel Jim Reese, a former Delta Force commander; Terry Meguid, a former Morgan Stanley investment banking head; Harbir Singh, a Wharton School management professor; and Norm Christensen, an aerospace entrepreneur. Eric Trump, who invested in the company in the second quarter, introduced potential board candidates but will not serve on the board.

The combined company will trade on Nasdaq under the symbol CUAS, pending regulatory and shareholder approvals.