NorthStar Earth & Space Plans Public Merger with Viking Acquisition Corp I

MONTREAL and NEW YORK, April 17, 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 that they have entered into a definitive business combination agreement (the “Business Combination Agreement”). Upon closing of the transaction, shares of the combined company are expected to trade on the New York Stock Exchange under the ticker “NSTR”.

NorthStar Earth & Space has announced its plans to become a publicly traded entity through a merger with Viking Acquisition Corp I. This strategic move allows NorthStar to raise significant capital to enhance its operations and services in the Earth observation satellite sector. The company is at the forefront of satellite technology, providing data-driven insights that are essential for various industries, including agriculture, forestry, and urban development.

The merger is a crucial step for NorthStar as it aims to expand its capabilities and leverage its innovative technologies to improve the understanding and management of the planet's natural resources. By going public, NorthStar seeks to gain greater visibility in the market and attract potential investors who are interested in the growing field of space technology and environmental sustainability.

NorthStar’s Earth observation satellites are designed to monitor environmental changes and provide real-time data, which can significantly aid in decision-making for governments and businesses alike. The company's vision aligns with the increasing demand for actionable data to combat climate change, optimize resource management, and enhance urban planning.

The leadership team at NorthStar believes that becoming a publicly traded company will not only solidify its position in the industry but also provide the necessary funds to push forward its ambitious goals. The merger with Viking Acquisition Corp I is expected to be finalized in the coming months, allowing NorthStar to kickstart its new phase of growth.

Investors are keenly observing this merger as NorthStar is positioned as a pioneering force in the use of satellite data for Earth observation. The capital raised from this undertaking will enable NorthStar to accelerate its technology development and broaden its market reach, further contributing to its mission of improving life on the planet through data-driven insights.