https://wccftech.com/spacexs-3d-manufacturing-systems-supplier-for-raptor-engine-to-go-public-through-spac-deal/

The SpaceX Merlin engine for the Falcon rocket lineup during a test in 2010. Image: SpaceX

Additive metal component printing systems provider Velo3D and JAWS Spitfire Acquisition Corporation, a special purpose acquisition company (SPAC) have announced their decision to merge. This will allow Velo to list as a publicly-traded company on the New York Stock Exchange (NYSE) with the ticker VLE, and both parties expect the transaction to close in the second half of this year. Through the merger, Velo, which is based out of California, will receive $500 million through cash and private investment and the deal will value the company at $1.6 billion following shareholder approval.