Long $ITAC Industrial Tech Acquisitions. Seems no one has made the connection that telecommunication background chairman's have chosen two space companies so far $NPA & $HOL. ITAC teleco, IoT, 5g, Lte focus. Also board has a NASA & Satellite guy on it. Houston big for space.
$ITAC obviously pure speculation, but IoT/5g + NASA guy on board, & size of trust, there are 2 companies that fit this SPAC perfectly, Chamath's Swarm Technologies, IoT mini Satellite constellation, & @AvellanAbel @AST_SpaceMobile NanoAvionics @NanoAvionics IoT/5g Satellites.
@chamath SPACs IMO are too big for Swarm. But Swarm is at an inflection point now & raised 25M beginning of 2019 & prob due for more $ needed. Their constellation is going up fast. $ITAC 75M in trust + a $75M PIPE seems about what they need & right price/size for 5yr build out.
$ITAC this also can be said of NanoAvionics, also at an inflection point, expanding to TX for $NPA SpaceMobile build. And in NPA Proxy said AST might look to sell it's 51% stake in Nano. @AvellanAbel is clearly comfortable with SPACs & this could be an easy exit to raise more $.
There are also other space companies, many, that could fit this, anything that supports tele/Iot (launch like $HOL) provides service (like $NPA) or makes hardware, like Nanoracks which is also in Houston. Also Lynk is making progress, would not be surprised it they SPAC'ed too
$ITAC board member Harvin Moore, "co-chairman of the Houston Aerospace & Aviation Regional Task Force, a not for profit that pursues commercial arrangements in aerospace & aviation for the Houston region." Houston has many space companies, the biggest names in industry, + NASA
$ITAC Harvin Moore cont. "Was Chief Operating Officer & Director of both Space Service Holdings & Sentinel Satellite. And Serves on governing board of The Manned Spaceflight Educational Foundation, which operates the visitor center for NASA’s Johnson Space Center."
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