Space-Eyes, a Miami geospatial-intelligence and defence-technology company backed by Eric Trump, is reported to be planning an initial public offering through a SPAC merger valued at about $638 million, according to multiple outlets citing sources. The reports describe the deal as a “blank-check” SPAC transaction that would take Space-Eyes public rather than using a traditional IPO process.
One report says Eric Trump is expected to advise the company on security threats involving drones and other emerging technologies, drawing on his experience related to security issues connected to the White House. Another account frames the move as further expanding the Trump family’s involvement in the national-security and defence-technology sector.
Across the coverage, the central points are that Space-Eyes is preparing to go public via a $638 million SPAC transaction and that its connection to Eric Trump includes an advisory role focused on security and threat awareness. Details on timing, the specific SPAC counterpart, and final terms are not provided in the excerpts.
