Inflection Point Acquisition Corp. VI announced a definitive business combination with Quantum Space, LLC, a space defense and orbital mobility company, that will take Quantum Space public on Nasdaq in an Up-C structure under the Quantum Space name.
The deal implies a $600 million pre-money equity value and about $1.2 billion post-transaction equity value, assuming no redemptions. Inflection Point’s trust holds approximately $253 million in cash, supplemented by an initial $300 million convertible PIPE at $12 per share. Existing Quantum Space holders are expected to own about 50% of the combined company.
Concurrent financings include a $50 million Series B preferred unit “pre-funded PIPE” at the Quantum Space level and a planned $250 million Series A cumulative convertible preferred at the post‑merger PubCo, each with 10–12% cash/PIK dividend options, full‑ratchet anti‑dilution protection and matching $12 conversion or exercise prices. Quantum Space forecasts consolidated revenue of about $23.6 million in 2026 and $60.6 million in 2027, with gross margins in the low‑20% range.