Quantum Space goes public in $1.2B SPAC merger

Quantum Space merges with Inflection Point Acquisition Corp. VI for $1.2 billion, valuing the combined entity at $1.2 billion, to trade on Nasdaq under QSPC. The deal includes $300 million in public equity and funds Ranger spacecraft production in Tulsa, Oklahoma. Ranger supports orbit maneuvering, refueling, and operations across low Earth, medium Earth, geosynchronous, and cislunar space.