Tech

The capitalization of “Cyclone-4M” will increase to $530M.

Monday, February 14, 2022
The capitalization of “Cyclone-4M” will increase to $530M.

The Canadian company MaritimeLaunchServices (MLS), which is implementing a project to launch Ukrainian Cyclone-4M rockets, is in talks with CeresAcquisitionCorp to increase the project’s capitalization to more than half a billion USD. MLS technology can be added to space startups to collaboratively go public for asset acquisition  – the so-called SPAC. There are about 600 US \SPAC companies that have accumulated about $160B in investor money and are now looking for where to invest it, reported dev.ua.

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