Quantum Space has agreed to go public through a merger with Inflection Point Acquisition in a transaction valuing the combined company at approximately $1.2 billion.
The deal includes a $300 million private investment in public equity (PIPE) led by Inflection Point Asset Management. Quantum Space said the proceeds will be used to accelerate development of its flagship Ranger spacecraft platform and expand manufacturing capacity. The transaction is expected to close in the fourth quarter of 2026, after which the combined company will operate as Quantum Space and trade on Nasdaq under the ticker QSPC, Reuters reported.
Led by former NASA Administrator Jim Bridenstine, Quantum Space develops space infrastructure and spacecraft platforms designed to support national security, civil government and commercial missions.