Horizon Space Acquisition I Ltd. is a special purpose acquisition company (SPAC) incorporated to effect a merger, share exchange, asset acquisition or similar business combination with one or more businesses in the aerospace and space technology sectors. The company raised capital through an initial public offering and holds its proceeds in a trust account pending identification and completion of a suitable business combination. Horizon Space Acquisition I focuses on opportunities that leverage advancements in satellite communications, launch services, in-orbit manufacturing and other areas of the space economy.
As a blank check vehicle, Horizon Space Acquisition I does not engage in any operations other than identifying potential targets, conducting due diligence and completing a business combination. The company’s investment criteria emphasize scalable technologies and service providers that support satellite deployment, ground infrastructure, mission operations and data analytics. Its strategy aims to partner with businesses that have established revenue streams or strong growth trajectories within the rapidly evolving space industry.
Horizon Space Acquisition I is sponsored by Horizon Partners, a team of investors and industry professionals with backgrounds in aerospace engineering, finance and government contracting. The sponsor group brings deal-sourcing relationships and operational expertise to guide the SPAC through the transaction process and, upon consummation of a merger, to support the combined company’s development and expansion efforts. The SPAC’s board and management team include individuals with experience in capital markets and space-related ventures.
Headquartered in the United States, Horizon Space Acquisition I seeks targets both domestically and internationally, reflecting the global nature of the space economy. By focusing on high-growth segments such as small satellite constellations, launch service providers and space infrastructure solutions, the company aims to deliver value to its shareholders through the acquisition of a leading business positioned to capitalize on increased investment and innovation in space exploration, communications and logistics.
AI Generated. May Contain Errors.
