$IPFX: Quantum Space, a Leading Space Defense and Orbital Mobility Company, to Go Public via Merger with Inflection Point Acquisition Corp. VI Quantum Space, a company building the next generation of advanced maneuverable spacecraft to disrupt the orbital economy, and Inflection Point Acquisition Corp VI, a special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the “Business Combination Agreement”), under which Quantum Space will become a publicly traded company. Quantum Space was co-founded by Dr. Kam Ghaffarian, the Company’s Executive Chairman and a visionary entrepreneur and co-founder of commercial space and energy companies. The Company is led by CEO Jim Bridenstine, a former NASA Administrator, naval aviator, and member of Congress. Creates a pure-play national security space company and accelerates production of Ranger, a maneuver-first spacecraft platform purpose-built for multi-orbit operations. Supports a deepening pipeline of national security and commercial missions, including existing contracts with the U.S. Space Force and Air Force Research Laboratory, active proposals with the Department of War and DARPA, and award eligibility under the Space Force's $6.2B Andromeda IDIQ vehicle. Transaction includes an initial $300M PIPE investment anchored by Inflection Point. Pre-money equity value of approximately $600M and a post-transaction equity value of approximately $1.2B Parties to host a virtual webcast today at 8:30 a.m. ET: https://t.co/g293Wg8mlJ
