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Lynk forges ahead with public market debut despite SPAC’s dwindling reserves
Satellite-to-phone connectivity provider Lynk Global will head to the public markets via a merger with a shell company led by former professional baseball
Satellite-to-phone connectivity provider Lynk Global will head to the public markets via a merger with a shell company led by former professional baseball player Alex Rodriguez. Lynk, which has already entered some international commercial markets including Palau, is looking to compete on an even larger scale with initiatives like Starlink’s emerging sat-to-cell, Apple’s Globalstar partnership, and AST Space Mobile (which completed its own SPAC merger in April 2021). The business model is also a little different: Lynk plans to contract with mobile network operators (MNOs) and telecom providers, and these partnerships will help the company leverage these firms’ existing spectrum rights in orbit.
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