Satellite Data Firm BlackSky Going Public in Merger With Osprey SPAC


BlackSky Holdings Inc., a satellite imagery and data company, is going public through a reverse merger with blank-check company Osprey Technology Acquisition Corp., according to people with knowledge of the matter.
Herndon, Virginia-based BlackSky and the special purpose acquisition company, or SPAC, will have a valuation of almost $1.5 billion when combined, said the people, who asked not to be identified because the information is private.
A $180 million equity placement was raised from investors including Tiger Global Management, billionaire Peter Thiel’s Mithril C