SRACU - Space travel company Momentus nearing deal to go public via SPAC at $1B valuation - CNBC

According to the story, the merger would be with blank-check company Stable Road Capital (SRACU), which came public late last year.Based in Santa Clara, CA, Momentus offers "last mile delivery" service for spacecraft via its Vigoride, a transfer vehicle that helps deliver satellites from a rocket to a certain orbit.Vigoride is set to get its first mission this year, scheduled to launch on a SpaceX Falcon Rocket (SPACE) in December.Related name: Virgin Galactic (SPCE).

For further details see:

Space travel company Momentus nearing deal to go public via SPAC at $1B valuation - CNBC