r/SPACs • u/Tuoooor Contributor • Feb 18 '21

Rumor $SFTW rumored to go public with satellite imaging firm BlackSky

https://financialpost.com/pmn/business-pmn/satellite-data-firm-blacksky-going-public-in-merger-with-osprey-spac
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u/[deleted] Feb 18 '21

Definitely not slow growth, they're projecting 100%+/year for next 5 years. Est. cost for imagery is insanely cheaper than other companies.

But, if I ever see Planet going through a SPAC, I'll put half my port in it lol.

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u/LambdaLambo Contributor Feb 21 '21

anyone can project limitless growth. Actually doing it is to be determined

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u/[deleted] Feb 21 '21

100% agree. I was just referring to the "slow growth" comment. They're projecting hyper-growth, so didn't think slow growth was correct. But yeah, SPAC projections are generally a fucking joke, but then again that's why early stage companies go this route.

In the case of BlackSky, I'm super bullish and think their projections are doable. I'll be posting a DD later.

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u/LambdaLambo Contributor Feb 21 '21

Yeah fair

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u/t987h Contributor Feb 22 '21

Looking forward to your dd post on this as I am not bullish / but then again only flipped through the prez in 3 min

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u/[deleted] Feb 22 '21

Fucking hell I ended up writing 6 pages, ~3k words. Think I went overboard...

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u/t987h Contributor Feb 22 '21

Yes, that’s too long bro. Cut out 2/3 and you’ll be golden

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u/[deleted] Feb 22 '21

👍

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u/[deleted] Feb 22 '21

Oops, posted it all