Dronamics Plans Nasdaq Listing Through Proposed SPAC Merger
The Bulgarian uncrewed cargo aircraft maker plans to pursue a Nasdaq listing through a proposed merger valuing the combined company at $500 million, including new investment.
FlyMarshall Newsroom1 min read
Photo: FlightGlobal
Dronamics plans to pursue a Nasdaq listing through a merger with a special-purpose acquisition company, or SPAC. The proposed transaction would value the combined company at $500 million, including new investment.
Key details
- Dronamics is a Bulgarian manufacturer of uncrewed cargo aircraft.
- The company plans to operate autonomous Black Swan aircraft for cargo services.
The proposed merger values the combined company at $500 million, including new investment.
Why it matters
The planned listing would give Dronamics a proposed route to US public markets. Its cargo-service plans center on autonomous aircraft rather than conventional crewed freighters.
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