Eric Trump-backed Space-Eyes to appoint ex-Delta Force officer and ex-banker, sources say
Miami-based drone technology company Space-Eyes plans to appoint a former Delta Force officer, a former Morgan Stanley banker and two other experts to its board as it prepares for a public offering, according to sources. The company, which develops AI-powered geospatial intelligence and counter-drone technologies, is set to go public via a special purpose acquisition company, or SPAC, merger with McKinley Acquisition Corp. The merger is valued at $638 million, with McKinley contributing $176 million in cash.
Potential board members include retired U.S. Army Lieutenant Colonel Jim Reese, former Morgan Stanley head Terry Meguid, Wharton School professor Harbir Singh, and aerospace entrepreneur Norm Christensen. Eric Trump, the son of U.S. President Donald Trump, has invested in Space-Eyes since the second quarter and helped identify potential board candidates.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.