Space-Eyes, a Miami-based geospatial-intelligence defence-technology company backed by Eric Trump, is reported to be preparing for an initial public offering through a SPAC merger worth about $638 million. The deal would involve a blank-cheque SPAC structure, according to reports, and would extend the Trump family’s links with the national-security and defence technology sector.
Multiple outlets describe Space-Eyes as focused on geospatial intelligence, including systems intended to address security risks associated with drones and other emerging technologies. One report also says Eric Trump is expected to advise the company on security threats related to drones and similar developments, drawing on his involvement with security issues connected to the White House.
While the articles provide consistent figures and broad descriptions of the company’s focus and Trump’s involvement, specific details of the SPAC partner, transaction terms beyond the reported valuation, and timing are not included in the provided excerpts. The reports frame the planned move as a path for the company to access public markets.