Space-Eyes and McKinley Acquisition Corp. Announce Definitive Business Combination Agreement to Deliver AI-Driven Counter Drone Technology and Geospatial Intelligence Worldwide

Space-Eyes and McKinley Acquisition Corp. announced a definitive business combination that would take Space-Eyes public via SPAC merger, with the combined company expected to trade on Nasdaq under ticker CUAS, pending approvals. The deal highlights growing investor interest in AI-enabled defense, counter-drone, and geospatial intelligence platforms. Space-Eyes says its sensor-agnostic C-UAS system integrates radar, RF, EO/IR, and satellite data to detect and mitigate unauthorized drones, while its broader AI platform supports maritime awareness, wildfire detection, and satellite command and control. The transaction implies a $638 million pro forma equity valuation and up to $75 million in PIPE financing alongside $176.7 million of trust capital. Closing is targeted for Q4 2026. The announcement is positive for Space-Eyes’ capital access and scale-up plans, though it remains subject to shareholder, regulatory, and Nasdaq approvals.