Quantum Space, a space defense and orbital mobility company developing advanced maneuverable spacecraft for national security, civil, and commercial missions, has agreed to go public through a merger with Inflection Point Acquisition Corp. VI. The transaction values Quantum Space at approximately $600 million pre-money and about $1.2 billion post-transaction, assuming no shareholder redemptions.
The deal includes a $300 million convertible PIPE investment led by Inflection Point Asset Management, alongside approximately $253 million currently held in Inflection Point’s trust account. The combined company is expected to trade on the Nasdaq under the ticker symbol “QSPC” following the anticipated closing in the fourth quarter of 2026.
Founded by Dr. Kam Ghaffarian and led by CEO Jim Bridenstine, former NASA Administrator, Quantum Space is focused on building Ranger, a next-generation spacecraft platform designed for sustained maneuverability across multiple orbital environments. Ranger is being engineered with single-fuel, multi-mode propulsion, more than 4,000 kilograms of storable fuel capacity, a modular and refuelable architecture, and an operational lifespan of up to 15 years. The company believes the platform can operate at up to 70% lower cost than conventional spacecraft architectures beyond low Earth orbit.
Quantum Space has already established a presence within the U.S. national security space ecosystem, securing contracts and proposals with organizations including the U.S. Space Force, Air Force Research Laboratory, DARPA, and the Department of War. The company also holds an award position under the Space Force’s Andromeda program, a $6.2 billion indefinite-delivery, indefinite-quantity contract vehicle designed to support maneuverable and refuelable spacecraft in geosynchronous orbit. Quantum Space estimates its broader opportunity pipeline exceeds $5 billion across government, civil, and commercial markets.
The company operates engineering and mission development facilities in Rockville, Maryland, propulsion and integration testing facilities in Hawthorne, California, and is developing a spacecraft manufacturing center in Tulsa, Oklahoma. Proceeds from the transaction are expected to accelerate Ranger production and expand manufacturing capabilities.
KEY QUOTES:
“I founded Quantum Space to build a company I believe the United States needs to lead in this contested era — and we now have the platform, technology, and team to work to shift paradigms. As NASA Administrator, Jim Bridenstine helped shape the creation of the U.S. Space Force and laid the foundation for the national security space enterprise we serve today. With Jim at the helm, we are positioned to disrupt the orbital economy and lead the shift from a launch-defined era to a mobility-defined one, with Ranger built to define it.”
Kam Ghaffarian, Executive Chairman and Co-Founder, Quantum Space
“We have designed Ranger to satisfy the U.S. Space Force’s Theory of Competitive Endurance: avoiding operational surprise, denying first-mover advantage, and enabling counter-space campaigning. We believe Ranger will enable us to meet accelerating demand in an environment where sustained maneuverability is no longer optional. Being a public company will better allow us to scale production, deliver on the contracts we’ve already won, and serve new national security, civil, and commercial customers who have been waiting for this platform.”
Jim Bridenstine, CEO, Quantum Space
“Quantum Space is defining the space national security industry at a pivotal moment for American space preeminence. Its differentiated, highly maneuverable spacecraft has already earned meaningful traction with the U.S. national security space enterprise, including six contracts and pending proposals, as well as selection on the U.S. Space Force’s flagship Andromeda program.”
“Kam Ghaffarian and Jim Bridenstine have played central roles in the sector’s most consequential programs of the past decade. Their vision for Quantum Space arrives as defense spending, space infrastructure, and America’s strategic priorities in orbit are converging.”
Michael Blitzer, Chairman, Inflection Point Acquisition Corp. VI
