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By Connor HartAstro Digital is going public, having inked a business-combination agreement with Proem Acquisition Corp I that values the company at about $587 million on a pro forma post-money enterprise basis.The company--which designs, manufactures and operates mission-configurable satellites for…
Proem, Astro Digital: Combination Values Astro Digital at Pro Forma Post-Money Enterprise Value of About $587 M
The space-satellite maker and the SPAC said the deal values Astro Digital at about $587 million and includes up to $180 million in gross proceeds. The transaction is expected to close in the first quarter of 2027, subject to approvals and other conditions.