NorthStar Earth & Space (NSTR) completed its business combination with Viking Acquisition Corp. I, valuing NorthStar at $300 million in equity. The combined company will operate as NorthStar Earth & Space Enterprises. Its common shares and public warrants will begin trading on NYSE American on October 2, 2026, under NSTR and NSTR.WS, respectively.
The transaction includes $30 million in common-stock PIPE financing, a private investment in public equity, anchored by Cartesian Capital Group and supported by Canadian and U.S. institutional investors. The proceeds will support continued deployment of NorthStar’s dedicated space-based sensor constellation for space awareness services to defence and commercial operators. NorthStar and Viking shareholders approved the transaction at special meetings on September 2, 2026, and the related registration statement was declared effective by the U.S. Securities and Exchange Commission.