28.6 F
New York
Monday, March 8, 2021

Osprey Technology Acquisition Corp [NYSE: SFTW] Announces Merger Agreement With BlackSky Holdings

Must read

Fathom [NASDAQ: FTHM] Announces Purchase Of Real Estate Brokerage Business Of Red Barn

Fathom Holdings Inc. revealed that the company has purchased the residential real estate brokerage business of Red Barn Real Estate. Additionally, The Real...

Neilsen [NYSE: NLSN] Reports Completion Of The Divestiture Of Global Connect Business

Nielsen Holdings plc revealed that the company has finished the recently reported sale of NielsenIQ to associates of Advent International, in collaboration with...

Chipotle [NYSE: CMG] Collaborates With e.l.f [NYSE: ELF] To Launch Limited-Edition Makeup Collection

Chipotle and e.l.f. beauty is collaborating on March 10 to dispatch the limited edition e.l.f. x Chipotle collection. e.l.f's devotion to cruelty-free...

Jabil Healthcare [NYSE: JBL] Announces Strategic Partnership With E3D

Jabil Healthcare, a subsidiary of Jabil Inc. , revealed that the company has inked a partnership contract with E3D.  It is a worldwide drug...

Osprey Technology Acquisition Corp. [NYSE: SFTW] revealed that the company inked a definitive merger contract with Blacksky Holdings Inc. As a result of the contract, BlackSky will become a publicly listed company. Moreover, It is expected that the newly combined company will be listed under [BKSY] on NYSE.

This transaction completely finances our development plans and enhances our vision of giving our clients a ‘first-to-know’ advantage. This is a significant affectation point for our industry as a business and government clients request access to real-time data about the progressions that matter most to them,” said Brian O’Toole, CEO of BlackSky.

He further added  “With our high return to rate constellation and our modern analytic stage, Our company can address the market’s critical interest for constant geospatial knowledge. We’re eager to collaborate with Osprey to enhance our central goal to help our clients’ necessities.”

Jonathan Z. Cohen, EC of Osprey, state “We are happy to unite with Brian, the BlackSky, and numerous famous investors in the new space economy. Additionally, We anticipate cooperating to assemble long-term value for BlackSky investors.”

We are glad to cooperate with BlackSky,” said David DiDomenico, CEO of Osprey. “BlackSky’s constantly developing, the exclusive database is a significant upper hand. We believe its vertically coordinated tasks fill in as a significant purpose of qualification among other space analytic organizations. Moreover, This transaction will bring to fulfillment the vision of Brian and the BlackSky group.”

More articles

Latest article

XpresSpa Group [NASDAQ: XSPA] Inked An Agreement With The Port Of Seattle For A Covid-19 Testing Facility

XpresSpa Group, Inc. a wellbeing and health organization, reported that it has entered into an agreement with the Port of Seattle. The contract...

Zepp Health [NYSE: ZEPP] Announces Expanded Collaboration With Rouumtech

Zepp Health Corp. revealed that the company has expanded its collaboration with Rouumtech Co Ltd.  The contract initially expanded to reach to private label...

Netflix [NASDAQ: NFLX] Rolls Out Fast Laughs Featuring Comedy Bits

Netflix, In revealed through its newsroom the addition of a new feature on its mobile app. The Fast laugh is the new feature...

AT&T [NYSE: T] Enters Into A Contract To Divest Its Government Solution Business

AT&T announced that the company inked an agreement to divest its Government Solution Business (GSI). Tyto Athene will purchase the government solution including...

Sino-Global [NASDAQ: SINO] Announces The Execution Of Purchase Agreement Of 2783 Digital Currency Operating Server

Sino-Global Shipping America reported that the company is going to process the execution of the purchase agreement. The company purchased 2783 digital currency...

Commercial Vehicle Group [NASDAQ: CVGI] To Collaborate With Xos Inc

Commercial Vehicle Group revealed that the company entered into a collaboration with Xos, Inc. Furthermore, Xos is a leading commercial electric vehicle manufacturer....

Upland Software [NASDAQ: UPLD] Announces The Acquisition Of BlueVenn

Upland Software, Inc. revealed that the company has purchased BlueVenn. It is a cloud-based client data platform(CDP). With BlueVenn, Upland clients can now...

Columbus McKinnon [NASDAQ: CMCO] Inks An Agreement To Purchase Dorner

Columbus McKinnon Corporation today reported that the Company has executed an authoritative consent to secure Dorner Manufacturing Corporation. Dorer is an automation solution...