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Launch startup iRocket agrees to merge with Wilbur Ross-backed SPAC

Written by  Jason Rainbow Wednesday, 23 July 2025 20:06

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.

The post Launch startup iRocket agrees to merge with Wilbur Ross-backed SPAC appeared first on SpaceNews.


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