ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Business/StartupsArticle

Space-Eyes appoints four directors ahead of McKinley SPAC merger

New board members with defense, aerospace and finance expertise join Space-Eyes as the AI geospatial firm prepares for a $638 million Nasdaq listing via McKinley Acquisition Corp.

LF
Lucas Ferreira · Deals & Startups Desk · 22 Aug 2026 · 09:36 · 1 min read
Share
Space-Eyes appoints four directors ahead of McKinley SPAC merger

Space-Eyes, an AI-driven geospatial intelligence and counter-UAS provider, has appointed four directors to its board ahead of its planned merger with McKinley Acquisition Corp., a move that would result in a $638 million pro forma equity valuation and a $370 million enterprise value.

The new directors include retired U.S. Army Lieutenant Colonel Jim Reese, who led special operations advisory roles at the CIA and founded security consultancy TigerSwan; Harbir Singh, a Wharton School management professor and co-director of the Mack Institute for Innovation Management; Norm Christensen, former owner of AAE Aerospace, a composites manufacturer acquired by Karman Space & Defense in 2021; and Terry Meguid, a founding partner at Perella Weinberg Partners with a 25-year tenure at Morgan Stanley.

The merger, announced in a definitive agreement on July 31, 2026, would see Space-Eyes retain its name and list on the Nasdaq under the ticker CUAS, pending regulatory and shareholder approvals. McKinley Acquisition Corp., a SPAC listed as MKLY, holds approximately $176.7 million in its trust account, with up to $75 million in PIPE financing secured for the transaction. The deal is expected to close in the fourth quarter of 2026, subject to completion of all conditions.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
LF
Written by
Lucas Ferreira
Deals & Startups Desk

Lucas covers M&A activity and startup funding rounds, tracking deal structures and valuations to explain what a transaction means for the companies and markets involved.

More from Lucas Ferreira →
ADVERTISEMENT
ADVERTISEMENT