Defense technology company Space-Eyes has agreed to go public through a merger with special purpose acquisition company McKinley Acquisition Corp in a deal valuing the combined business at $638 million, the companies said on Friday, confirming an earlier Reuters report.
President Donald Trump's son Eric Trump has recently become the third-largest private investor in the original Space-Eyes, which has operated primarily as a research-and-development company and generated about $1 million in annual revenue, according to people familiar with the matter.
