Space-Eyes to Go Public in SPAC Merger Valuing Company at $638MThe merger implies a $638 million pro forma equity value and $370 million enterprise value for Space-EyesThe combined company will keep the Space-Eyes name and plans to trade on Nasdaq under the ticker CUASThe company’s CATE AI engine fuses radar, RF and satellite feeds into a single air pictureGeospatial intelligence and counter-drone company Space-Eyes will go public through a merger with McKinley Acquisition. The deal implies a pro forma equity value of $638 million for Space-Eyes and an enterprise value of $370 million. The combined company will keep the Space-Eyes name and expects to trade on Nasdaq under the ticker CUAS, pending exchange approval. Space-Eyes said the counter-drone systems built on it detect, track, identify and mitigate unauthorized aircraft at critical infrastructure sites, military installations, borders and large public venues. At the subsequent closing, Space-Eyes must issue buyers shares equal to 9.9 percent of McKinley’s outstanding common stock after the merger.