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1 min read

Chamath Palihapitiya unveils investment in ReNew Power, India's largest clean energy company that's set to go public via SPAC

ReNew Power is an Indian renewable power producer company that is set to merge with special purpose…

Emily Graffeo   


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2 mins read

Carla Mozée   


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2 mins read

SPAC Tortoise Acquisition Corp. II spikes 47% after announcing merger with EV charging station manufacturer Volta Industries

Tortoise Acquistions Corp. II and Volta Industries are set to merge in a transaction that values th…

Will Daniel   


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3 mins read

Exercises on opposite sides of the planet show US forces training for a little-known but crucial battlefield skill

Because close air support is conducted very close to friendly forces, there is no room for mistakes.

Stavros Atlamazoglou   


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4 mins read

The US military is throttling back on the F-35 as other militaries stock up on the stealth fighter

US Air Force officials "remain committed to the F-35," but they don't want to buy as many of them i…

Christopher Woody   


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1 min read

Richard Branson's Virgin Orbit to go public in SPAC merger valuing the satellite launch company at $3.2 billion

Virgin Orbit in January took 10 small satellites to Earth's orbit for NASA in its first successful …

Carla Mozée   


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1 min read

'The market is a scam': Famed short seller Carson Block says he's ramping up bets against 'predatory' SPACs

Famed short-seller Carson Block is betting even further against SPACs, a market that he calls a 'sc…

Carla Mozée   


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5 mins read

The Marine Corps commandant sees a 'big-ass fight' looming - and the Corps may redeploy to meet it

Earlier this year, Oslo decided to buy five P-8 maritime surveillance aircraft - a move that tied i…

Christopher Woody   


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2 mins read

A top US Army general says it's not the right time to build a new drone branch

Gen. James Rainey of US Army Futures Command emphasizes training with UAVs at echelon over creating…

Ella Sherman   


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2 mins read

India's largest renewable energy producer is now a $4.5 billion company listed on Nasdaq

Indian renewable energy company ReNew Power made it to the US exchange Nasdaq on Tuesday through a …

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7 mins read

The world's top military powers each have fifth-gen jets, but Russia, China, and the US are all facing problems with their fighters

Russia, China, and the US all have fifth-generation fighter jet programs, but each country is havin…

Jake Epstein   


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8 mins read

Christopher Woody,Jake Epstein   


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1 min read

Baseball card and NFT company Topps set to go public via SPAC in deal worth $1.3 billion

Topps saw a surge in business in 2020 as the COVID-19 pandemic afforded many consumers time to dig …

Matthew Fox   


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2 mins read

Richard Branson is reportedly working on his first European SPAC after launching 2 companies through blank-check firms in the US

Sky News said Branson's business is working with bankers on the European SPAC, which could be annou…

Carla Mozée   


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2 mins read

A major telecom company that partners with AT&T and Verizon said hackers had access to its system for over 5 years, exposing billions of texts

Syniverse, which is used by companies like AT&T and Verizon, revealed that hackers had been inside …

Heather Schlitz   


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1 min read

Zoom may invest in a $5 billion SPAC deal to take event-manager Cvent public, report says

The popular video-conferencing app is a potential investor in Dragoneer Growth Opportunities Corp. …

Shalini Nagarajan   


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1 min read

Former Trump Cabinet member Wilbur Ross files to form $345 million SPAC - and top Trump economist Larry Kudlow is joining as a director

So far in 2021, 100 SPACs have gone public and raised more than $29 billion, according to data from…

Matthew Fox   


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2 mins read

XL Fleet jumps 68% after EV company goes public via SPAC

XL Fleet transforms existing commercial vehicles like small trucks into electric vehicles. It went …

Emily Graffeo   


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2 mins read

Chamath Palihapitiya's SPACs will offer retail investors a way into its IPOs through SoFi's platform

The SPACs will make 5% of shares from the IPOs available to retail investors through SoFi's online …

Natasha Dailey   


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2 mins read

The red-hot SPAC market is cooling off as first-day trading spikes evaporate

14 out of 15 SPACs that went public last week traded below their $10 IPO price as the red-hot SPAC …

Will Daniel