Tag: acquisition

LONDON, June 26, 2026 (GLOBE NEWSWIRE) -- Frontier Power UK, the long duration energy storage platform established as a joint venture between Frontier Power Ltd. and affiliates of Cerberus Capital Management, L.P. (“Cerberus”), today welcomed Ofgem’s provisional assessment of projects submitted to the Window 1 Long Duration Electricity Storage (“LDES”) Cap and Floor scheme.

Generated Record Operating Cash Flow of $54.1 Million; Maintained Profitability 

MONTREAL and MCLEAN, Va., June 25, 2026 (GLOBE NEWSWIRE) -- NorthStar Earth & Space Inc. (“NorthStar” or the “Company”), a global leader in Space Situational Awareness (“SSA”) and Space Domain Awareness (“SDA”), and Viking Acquisition Corp. I (“Viking”) (NYSE: VACI), a special purpose acquisition company, announced today the public filing of their joint registration statement on Form F-4 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “SEC”) in connection with their proposed business combination (the “Business Combination Agreement”) announced on April 17, 2026, available here.

Stewart Bain, Founder and Chief Executive Officer of NorthStar, said, “The public filing of our registration statement represents an important milestone in the process of becoming a public company. The market demand for NorthStar’s differentiated space-based intelligence platform requires accelerating our long-term growth strategy. Increased access to capital and global awareness, inherent with a public company, will enable us to expand capabilities and deepen customer support by delivering more critical insights to stakeholders through our services.”