Last week, the US saw the second biggest bank closure in history, with the FDIC taking over Silicon Valley Bank. While SVB specialized in tech startups, space companies also used the bank, including Astra, Rocket Lab, and more.
Planet Labs announces it will be going public after a SPAC merger
The Earth observation company announced on Wednesday that it will merge with a special purpose acquisition company and become a publicly-traded company on the New York Stock Exchange.