Now Reading: Launch startup iRocket agrees to merge with Wilbur Ross-backed SPAC
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Launch startup iRocket agrees to merge with Wilbur Ross-backed SPAC
TAMPA, Fla. — Innovative Rocket Technologies (iRocket) has agreed to merge with BPGC Acquisition Corp., a shell company backed by former U.S. Commerce Secretary Wilbur Ross that has faced challenges landing a deal since going public, to help fund development of its reusable launch vehicle.
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