{"success":true,"data":{"pressRelease":{"id":"125017","rtpr_id":"nGNX8n1Qm9","ticker":"MKLY","exchange":"NASDAQ","all_tickers":["MKLY"],"title":"Space-Eyes Announces Four Distinguished Appointments to Post-Combination Board of Directors Reflecting Deep National Security, Intelligence, Defense and Global Capital Markets Expertise","author":"Globe Newswire","published_at":"2026-08-21T13:00:00.296Z","article_body":"Appointments enhance governance and strategic oversight as Space-Eyes prepares\nto operate as a publicly traded company following proposed business\ncombination with McKinley Acquisition Corp.\n\nHighlights:\n* Accomplished and respected leaders expected to join the post-combination\nboard brings decades of experience across defense, intelligence, academia,\naerospace manufacturing, and global finance.\n* Deep national-security and operational expertise led by former U.S. Army\nLieutenant Colonel and Delta Force officer James Reese.\n* World-class strategy and innovation leadership through Wharton School\nprofessor and renowned management scholar Harbir Singh.\n* Proven space and defense industrial-base, production-scale, and M&A\nexperience from aerospace entrepreneur, former AAE Aerospace owner, and\npublicly traded Karman Space & Defense co-founder Norm Christensen.\n* Extensive capital-markets, M&A, and public-company expertise from former\nMorgan Stanley Worldwide Investment Banking head and Perella Weinberg founding\npartner Terry Meguid.\n* Positions Space-Eyes to accelerate growth across AI-powered geospatial\nintelligence, counter-UAS, defense, security, and space-based applications.\nMiami, Florida, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Space-Eyes, Inc.\n(\"Space-Eyes\"), a provider of AI-driven geospatial intelligence and\ncounter-unmanned aerial systems, today announced that retired U.S. Army\nLieutenant Colonel Jim Reese, Professor Harbir Singh, aerospace and defense\nentrepreneur Norm Christensen, and global investment-banking executive Terry\nMeguid are each expected to join the Board of Directors of the combined\ncompany upon completion of Space-Eyes' previously announced business\ncombination with McKinley Acquisition Corp. (Nasdaq: MKLY) (\"McKinley\").\n\nThe appointments are intended to strengthen the company's governance and\nstrategic capabilities as it prepares to operate as a public company and\naccelerate growth across defense, security, geospatial intelligence, and\nspace-based applications. Together, the four directors bring expertise\nspanning military operations, intelligence integration, strategic leadership,\ninnovation, mergers and acquisitions, defense manufacturing, supply chains,\ncapital markets, corporate finance, and global business development.\n\n\"As Space-Eyes enters its next stage of growth, we are assembling a board that\nreflects the breadth of capabilities required to build a leading defense and\nintelligence technology company,\" said Capt. Jatin Bains, founder and CEO of\nSpace-Eyes. \"Jim Reese brings unmatched operational and mission experience,\nProfessor Harbir Singh contributes world-class expertise in strategy and\ninnovation, Norm Christensen adds deep knowledge of defense manufacturing and\nproduction scale, and Terry Meguid provides decades of leadership in global\nfinance, capital markets and corporate strategy. Together, their perspectives\nwill help us translate technology leadership into sustainable growth,\noperational excellence and long-term value creation.\" \n\nOperational and National Security Expertise\n\nJames Reese served 25 years in the U.S. Army, including assignments in the\n75th Ranger Regiment and the U.S. Army special mission unit commonly known as\nDelta Force. His career included contingency operations in the Balkans and\nColombia and combat deployments in Afghanistan and Iraq. Following the\nSeptember 11 attacks, Reese served as lead adviser for Special Operations to\nthe Director of the Central Intelligence Agency and later advised on the\nintegration of Joint Special Operations Command capabilities during the Iraq\ncampaign. Following military service, he held senior corporate security\nleadership roles and founded TigerSwan, a global security and stability\nconsultancy. \n\nReese's experience is expected to support Space-Eyes' continued expansion of\nits CATE AI platform and strengthen engagement with defense, intelligence and\ncritical-infrastructure customers. \n\n\"Technology becomes strategically important when it improves decisions and\nproduces operational advantage,\" said Reese. \"Space-Eyes is building an\nintegrated intelligence layer designed for exactly that purpose. I look\nforward to helping the company translate its technical capabilities into\nreliable tools for the people responsible for protecting missions,\ninfrastructure and lives.\" \n\nStrategic Leadership and Innovation Expertise\n\nProfessor Harbir Singh is the Mack Professor of Management at the Wharton\nSchool of the University of Pennsylvania, co-director of the Mack Institute\nfor Innovation Management, and faculty director of the Huntsman Program in\nInternational Studies and Business. His research has focused on strategic\nleadership, innovation, alliances, acquisitions and sustainable competitive\nadvantage. \n\nHis expertise is expected to help Space-Eyes scale its common AI technology\nfoundation, strengthen strategic partnerships, evaluate acquisition\nopportunities and support disciplined long-term growth. \n\n\"Space-Eyes has developed a common technology foundation with the potential to\nsupport multiple products, customers and operating environments,\" said\nProfessor Singh. \"The strategic challenge is to turn that platform advantage\ninto durable capabilities and focused growth. I look forward to working with\nthe board and management team as the company enters its next phase.\"\n\nDefense Manufacturing and Industrial Scale Expertise\n\nNorm Christensen is the former owner of AAE Aerospace, a manufacturer of\nadvanced high-temperature composite structures and materials used in missile,\ninterceptor, hypersonic and space applications. AAE produced components\nincluding heat shields, rocket motor nozzles, nose cones and filament-wound\nstructures for mission-critical aerospace systems before its acquisition by\nKarman Space & Defense in 2021.\n\nChristensen's experience building and scaling a specialized supplier in the\ndefense industrial base is expected to help guide Space-Eyes' approach to\nproduction readiness, quality systems, customer qualification, strategic\npartnerships and supply-chain management. \n\n\"The strongest defense technology businesses unite technical differentiation\nwith repeatable execution,\" said Christensen. \"Space-Eyes has developed a\nflexible intelligence platform that can work across sensors and mission sets.\nI look forward to helping the company build the operating discipline and\nstrategic relationships required to deliver at scale.\"\n\nGlobal Finance and Capital Markets Expertise\n\nTerry Meguid was most recently a senior adviser to Perella Weinberg Partners,\nwhere he was a founding partner and co-head of the firm's asset-management\nbusiness. Prior to co-founding Perella Weinberg Partners, Meguid spent 25\nyears at Morgan Stanley, where he served as head of Worldwide Investment\nBanking and a member of the firm's Management Committee. His experience spans\ncapital markets, mergers and acquisitions, corporate finance, private equity\nand international business development. \n\nMeguid's experience is expected to support capital allocation, governance,\nstrategic partnerships, potential acquisitions and international market\nexpansion as Space-Eyes scales its business and prepares for public-company\noperations. \n\n\"Space-Eyes operates at the intersection of national security, artificial\nintelligence, autonomous systems and persistent situational awareness,\" said\nMeguid. \"That combination creates a significant opportunity, but also demands\ndisciplined capital allocation and sound governance. I look forward to helping\nthe company build durable value while remaining focused on its mission and\ncustomers.\" \n\nTransaction Context\n\nOn July 31, 2026, Space-Eyes and McKinley announced that they had entered into\na definitive business combination agreement. The proposed transaction implies\na pro forma equity value of $638 million and an enterprise value of $370\nmillion, assuming no redemptions from McKinley's trust account and receipt of\nthe initial $5 million tranche of the private investment in public equity\nfinancing. McKinley holds approximately $176.7 million in its trust account,\nand the parties have sourced up to $75 million in PIPE financing, in each case\nsubject to the terms and conditions of the transaction documents. The\ntransaction is expected to close in the fourth quarter of 2026, subject to\ncustomary closing conditions, including regulatory and shareholder approvals.\nUpon closing, the combined company is expected to retain the Space-Eyes name\nand list its common stock on Nasdaq under the ticker symbol CUAS, subject to\nNasdaq approval. \n\nAbout Space-Eyes\n\nSpace-Eyes is a U.S. geospatial intelligence and technology company delivering\nspace-driven awareness for high-stakes environments through advanced analytics\nand multi-sensor integration. The company develops data-driven systems that\nprioritize accuracy, integrity and operational usefulness to support\ndecision-makers. Its work spans maritime operations, disaster monitoring, and\ndefense and security missions. With continued investment in analytics, sensor\nfusion and space-layer infrastructure, Space-Eyes is building intelligence\nsystems designed for scale, reliability and mission impact.\n\nAbout McKinley Acquisition Corp.\n\nMcKinley Acquisition Corp. is a special purpose acquisition company\nincorporated as a Cayman Islands exempted company and formed for the purpose\nof effecting a merger, amalgamation, share exchange, asset acquisition, share\npurchase, reorganization or similar business combination with one or more\nbusinesses. \n\nAdditional Information and Where to Find It\n\nIn connection with the proposed business combination, McKinley and Space-Eyes\nintend to prepare and file with the U.S. Securities and Exchange Commission\n(the \"SEC\") a registration statement on Form S-4, which will include a proxy\nstatement/prospectus. When available, McKinley will mail a definitive proxy\nstatement/prospectus and other relevant documents to its shareholders. This\ncommunication is not a substitute for the registration statement, the proxy\nstatement/prospectus or any other document that McKinley or Space-Eyes may\nfile with the SEC or send to shareholders in connection with the proposed\nbusiness combination. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE\nREGISTRATION STATEMENT, THE PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT\nDOCUMENTS WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT\nINFORMATION. Investors and security holders will be able to obtain free copies\nof these documents through the SEC website at www.sec.gov. Copies may also be\nobtained by directing a written request to McKinley Acquisition Corp., 75\nSecond Ave., Suite 605, Needham, MA 02494.\n\nParticipants in the Solicitation\n\nMcKinley, Space-Eyes and their respective directors, executive officers and\ncertain other members of management and employees may be deemed to be\nparticipants in the solicitation of proxies from McKinley shareholders in\nconnection with the proposed business combination. Information regarding the\npersons who may, under SEC rules, be deemed participants and their interests\nin the proposed business combination will be set forth in the registration\nstatement and proxy statement/prospectus when filed with the SEC.\n\nNo Offer or Solicitation\n\nThis communication does not constitute an offer to sell or exchange, or the\nsolicitation of an offer to buy or exchange, any securities, nor shall there\nbe any sale of securities in any jurisdiction in which such offer, sale or\nexchange would be unlawful before registration or qualification under the\nsecurities laws of that jurisdiction.\n\nCautionary Note Regarding Forward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\napplicable securities laws. Forward-looking statements include, among other\nthings, statements regarding the expected appointment of the director named in\nthis release; the completion, timing and anticipated benefits of the proposed\nbusiness combination; the expected Nasdaq listing and ticker symbol; access to\ntransaction proceeds; Space-Eyes' strategy, products, technology, customer\ndeployments, contracts, growth plans and expansion into additional markets and\napplications; and the combined company's ability to operate successfully as a\npublic company. Words such as \"anticipate,\" \"believe,\" \"expect,\" \"intend,\"\n\"may,\" \"plan,\" \"project,\" \"should,\" \"will\" and similar expressions identify\nforward-looking statements, although not all forward-looking statements\ncontain these words. These statements are based on current expectations and\nassumptions and are subject to risks and uncertainties that could cause actual\nresults to differ materially, including the failure to satisfy closing\nconditions; shareholder redemptions; the availability and terms of financing;\nfailure to obtain regulatory, shareholder or Nasdaq approvals; changes to the\ntransaction structure; costs and disruption associated with the transaction;\nthe ability to retain customers, employees and partners; competition; delays\nin technology development or deployment; performance of third-party sensors\nand suppliers; contract timing and funding; cybersecurity, privacy,\nexport-control and other regulatory risks; and the other risks described in\nthe registration statement and in McKinley's other filings with the SEC.\nForward-looking statements are not guarantees of future performance and speak\nonly as of the date of this release. Except as required by law, McKinley and\nSpace-Eyes undertake no obligation to update any forward-looking statement.\n\nInvestor Relations / Media Relations Contact:\nAlpha IR Group/Alpha Advisory Group\nCUAS@alpha-ir.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/0f0866e8-bff1-472e-9b52-9e347adfcb4e)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX8n1Qm9","title":"Space-Eyes Announces Four Distinguished Appointments to Post-Combination Board of Directors Reflecting Deep National Security, Intelligence, Defense and Global Capital Markets Expertise","author":"Globe Newswire","ticker":"MKLY","created":"2026-08-21T13:00:00.296Z","tickers":["MKLY"],"exchange":"NASDAQ","article_body":"Appointments enhance governance and strategic oversight as Space-Eyes prepares\nto operate as a publicly traded company following proposed business\ncombination with McKinley Acquisition Corp.\n\nHighlights:\n* Accomplished and respected leaders expected to join the post-combination\nboard brings decades of experience across defense, intelligence, academia,\naerospace manufacturing, and global finance.\n* Deep national-security and operational expertise led by former U.S. Army\nLieutenant Colonel and Delta Force officer James Reese.\n* World-class strategy and innovation leadership through Wharton School\nprofessor and renowned management scholar Harbir Singh.\n* Proven space and defense industrial-base, production-scale, and M&A\nexperience from aerospace entrepreneur, former AAE Aerospace owner, and\npublicly traded Karman Space & Defense co-founder Norm Christensen.\n* Extensive capital-markets, M&A, and public-company expertise from former\nMorgan Stanley Worldwide Investment Banking head and Perella Weinberg founding\npartner Terry Meguid.\n* Positions Space-Eyes to accelerate growth across AI-powered geospatial\nintelligence, counter-UAS, defense, security, and space-based applications.\nMiami, Florida, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Space-Eyes, Inc.\n(\"Space-Eyes\"), a provider of AI-driven geospatial intelligence and\ncounter-unmanned aerial systems, today announced that retired U.S. Army\nLieutenant Colonel Jim Reese, Professor Harbir Singh, aerospace and defense\nentrepreneur Norm Christensen, and global investment-banking executive Terry\nMeguid are each expected to join the Board of Directors of the combined\ncompany upon completion of Space-Eyes' previously announced business\ncombination with McKinley Acquisition Corp. (Nasdaq: MKLY) (\"McKinley\").\n\nThe appointments are intended to strengthen the company's governance and\nstrategic capabilities as it prepares to operate as a public company and\naccelerate growth across defense, security, geospatial intelligence, and\nspace-based applications. Together, the four directors bring expertise\nspanning military operations, intelligence integration, strategic leadership,\ninnovation, mergers and acquisitions, defense manufacturing, supply chains,\ncapital markets, corporate finance, and global business development.\n\n\"As Space-Eyes enters its next stage of growth, we are assembling a board that\nreflects the breadth of capabilities required to build a leading defense and\nintelligence technology company,\" said Capt. Jatin Bains, founder and CEO of\nSpace-Eyes. \"Jim Reese brings unmatched operational and mission experience,\nProfessor Harbir Singh contributes world-class expertise in strategy and\ninnovation, Norm Christensen adds deep knowledge of defense manufacturing and\nproduction scale, and Terry Meguid provides decades of leadership in global\nfinance, capital markets and corporate strategy. Together, their perspectives\nwill help us translate technology leadership into sustainable growth,\noperational excellence and long-term value creation.\" \n\nOperational and National Security Expertise\n\nJames Reese served 25 years in the U.S. Army, including assignments in the\n75th Ranger Regiment and the U.S. Army special mission unit commonly known as\nDelta Force. His career included contingency operations in the Balkans and\nColombia and combat deployments in Afghanistan and Iraq. Following the\nSeptember 11 attacks, Reese served as lead adviser for Special Operations to\nthe Director of the Central Intelligence Agency and later advised on the\nintegration of Joint Special Operations Command capabilities during the Iraq\ncampaign. Following military service, he held senior corporate security\nleadership roles and founded TigerSwan, a global security and stability\nconsultancy. \n\nReese's experience is expected to support Space-Eyes' continued expansion of\nits CATE AI platform and strengthen engagement with defense, intelligence and\ncritical-infrastructure customers. \n\n\"Technology becomes strategically important when it improves decisions and\nproduces operational advantage,\" said Reese. \"Space-Eyes is building an\nintegrated intelligence layer designed for exactly that purpose. I look\nforward to helping the company translate its technical capabilities into\nreliable tools for the people responsible for protecting missions,\ninfrastructure and lives.\" \n\nStrategic Leadership and Innovation Expertise\n\nProfessor Harbir Singh is the Mack Professor of Management at the Wharton\nSchool of the University of Pennsylvania, co-director of the Mack Institute\nfor Innovation Management, and faculty director of the Huntsman Program in\nInternational Studies and Business. His research has focused on strategic\nleadership, innovation, alliances, acquisitions and sustainable competitive\nadvantage. \n\nHis expertise is expected to help Space-Eyes scale its common AI technology\nfoundation, strengthen strategic partnerships, evaluate acquisition\nopportunities and support disciplined long-term growth. \n\n\"Space-Eyes has developed a common technology foundation with the potential to\nsupport multiple products, customers and operating environments,\" said\nProfessor Singh. \"The strategic challenge is to turn that platform advantage\ninto durable capabilities and focused growth. I look forward to working with\nthe board and management team as the company enters its next phase.\"\n\nDefense Manufacturing and Industrial Scale Expertise\n\nNorm Christensen is the former owner of AAE Aerospace, a manufacturer of\nadvanced high-temperature composite structures and materials used in missile,\ninterceptor, hypersonic and space applications. AAE produced components\nincluding heat shields, rocket motor nozzles, nose cones and filament-wound\nstructures for mission-critical aerospace systems before its acquisition by\nKarman Space & Defense in 2021.\n\nChristensen's experience building and scaling a specialized supplier in the\ndefense industrial base is expected to help guide Space-Eyes' approach to\nproduction readiness, quality systems, customer qualification, strategic\npartnerships and supply-chain management. \n\n\"The strongest defense technology businesses unite technical differentiation\nwith repeatable execution,\" said Christensen. \"Space-Eyes has developed a\nflexible intelligence platform that can work across sensors and mission sets.\nI look forward to helping the company build the operating discipline and\nstrategic relationships required to deliver at scale.\"\n\nGlobal Finance and Capital Markets Expertise\n\nTerry Meguid was most recently a senior adviser to Perella Weinberg Partners,\nwhere he was a founding partner and co-head of the firm's asset-management\nbusiness. Prior to co-founding Perella Weinberg Partners, Meguid spent 25\nyears at Morgan Stanley, where he served as head of Worldwide Investment\nBanking and a member of the firm's Management Committee. His experience spans\ncapital markets, mergers and acquisitions, corporate finance, private equity\nand international business development. \n\nMeguid's experience is expected to support capital allocation, governance,\nstrategic partnerships, potential acquisitions and international market\nexpansion as Space-Eyes scales its business and prepares for public-company\noperations. \n\n\"Space-Eyes operates at the intersection of national security, artificial\nintelligence, autonomous systems and persistent situational awareness,\" said\nMeguid. \"That combination creates a significant opportunity, but also demands\ndisciplined capital allocation and sound governance. I look forward to helping\nthe company build durable value while remaining focused on its mission and\ncustomers.\" \n\nTransaction Context\n\nOn July 31, 2026, Space-Eyes and McKinley announced that they had entered into\na definitive business combination agreement. The proposed transaction implies\na pro forma equity value of $638 million and an enterprise value of $370\nmillion, assuming no redemptions from McKinley's trust account and receipt of\nthe initial $5 million tranche of the private investment in public equity\nfinancing. McKinley holds approximately $176.7 million in its trust account,\nand the parties have sourced up to $75 million in PIPE financing, in each case\nsubject to the terms and conditions of the transaction documents. The\ntransaction is expected to close in the fourth quarter of 2026, subject to\ncustomary closing conditions, including regulatory and shareholder approvals.\nUpon closing, the combined company is expected to retain the Space-Eyes name\nand list its common stock on Nasdaq under the ticker symbol CUAS, subject to\nNasdaq approval. \n\nAbout Space-Eyes\n\nSpace-Eyes is a U.S. geospatial intelligence and technology company delivering\nspace-driven awareness for high-stakes environments through advanced analytics\nand multi-sensor integration. The company develops data-driven systems that\nprioritize accuracy, integrity and operational usefulness to support\ndecision-makers. Its work spans maritime operations, disaster monitoring, and\ndefense and security missions. With continued investment in analytics, sensor\nfusion and space-layer infrastructure, Space-Eyes is building intelligence\nsystems designed for scale, reliability and mission impact.\n\nAbout McKinley Acquisition Corp.\n\nMcKinley Acquisition Corp. is a special purpose acquisition company\nincorporated as a Cayman Islands exempted company and formed for the purpose\nof effecting a merger, amalgamation, share exchange, asset acquisition, share\npurchase, reorganization or similar business combination with one or more\nbusinesses. \n\nAdditional Information and Where to Find It\n\nIn connection with the proposed business combination, McKinley and Space-Eyes\nintend to prepare and file with the U.S. Securities and Exchange Commission\n(the \"SEC\") a registration statement on Form S-4, which will include a proxy\nstatement/prospectus. When available, McKinley will mail a definitive proxy\nstatement/prospectus and other relevant documents to its shareholders. This\ncommunication is not a substitute for the registration statement, the proxy\nstatement/prospectus or any other document that McKinley or Space-Eyes may\nfile with the SEC or send to shareholders in connection with the proposed\nbusiness combination. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE\nREGISTRATION STATEMENT, THE PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT\nDOCUMENTS WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT\nINFORMATION. Investors and security holders will be able to obtain free copies\nof these documents through the SEC website at www.sec.gov. Copies may also be\nobtained by directing a written request to McKinley Acquisition Corp., 75\nSecond Ave., Suite 605, Needham, MA 02494.\n\nParticipants in the Solicitation\n\nMcKinley, Space-Eyes and their respective directors, executive officers and\ncertain other members of management and employees may be deemed to be\nparticipants in the solicitation of proxies from McKinley shareholders in\nconnection with the proposed business combination. Information regarding the\npersons who may, under SEC rules, be deemed participants and their interests\nin the proposed business combination will be set forth in the registration\nstatement and proxy statement/prospectus when filed with the SEC.\n\nNo Offer or Solicitation\n\nThis communication does not constitute an offer to sell or exchange, or the\nsolicitation of an offer to buy or exchange, any securities, nor shall there\nbe any sale of securities in any jurisdiction in which such offer, sale or\nexchange would be unlawful before registration or qualification under the\nsecurities laws of that jurisdiction.\n\nCautionary Note Regarding Forward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\napplicable securities laws. Forward-looking statements include, among other\nthings, statements regarding the expected appointment of the director named in\nthis release; the completion, timing and anticipated benefits of the proposed\nbusiness combination; the expected Nasdaq listing and ticker symbol; access to\ntransaction proceeds; Space-Eyes' strategy, products, technology, customer\ndeployments, contracts, growth plans and expansion into additional markets and\napplications; and the combined company's ability to operate successfully as a\npublic company. Words such as \"anticipate,\" \"believe,\" \"expect,\" \"intend,\"\n\"may,\" \"plan,\" \"project,\" \"should,\" \"will\" and similar expressions identify\nforward-looking statements, although not all forward-looking statements\ncontain these words. These statements are based on current expectations and\nassumptions and are subject to risks and uncertainties that could cause actual\nresults to differ materially, including the failure to satisfy closing\nconditions; shareholder redemptions; the availability and terms of financing;\nfailure to obtain regulatory, shareholder or Nasdaq approvals; changes to the\ntransaction structure; costs and disruption associated with the transaction;\nthe ability to retain customers, employees and partners; competition; delays\nin technology development or deployment; performance of third-party sensors\nand suppliers; contract timing and funding; cybersecurity, privacy,\nexport-control and other regulatory risks; and the other risks described in\nthe registration statement and in McKinley's other filings with the SEC.\nForward-looking statements are not guarantees of future performance and speak\nonly as of the date of this release. Except as required by law, McKinley and\nSpace-Eyes undertake no obligation to update any forward-looking statement.\n\nInvestor Relations / Media Relations Contact:\nAlpha IR Group/Alpha Advisory Group\nCUAS@alpha-ir.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/0f0866e8-bff1-472e-9b52-9e347adfcb4e)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-21T13:00:00.383375189Z","server_sent_at_ms":1787317200383},"received_at":"2026-08-21T13:00:00.435Z","source_url":null},"analysis":{"id":"113976","press_release_id":"125017","analysis_json":{"industry":null,"redFlags":[],"eventType":"board_change","narrative":"Space-Eyes announced the appointment of four distinguished directors—Jim Reese, Professor Harbir Singh, Norm Christensen, and Terry Meguid—to its post-combination board, bringing deep expertise in defense, strategy, and capital markets.\n\nThe move bolsters governance as the company progresses toward its business combination with McKinley Acquisition Corp., which implies a pro forma equity value of $638 million.\n\nThe transaction is expected to close in the fourth quarter of 2026, with the combined company planning to list on Nasdaq under the ticker symbol CUAS.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"High-profile board additions strengthen Space-Eyes' leadership ahead of Q4 SPAC merger close."},"keyFigures":{"guidance":"Transaction expected to close in Q4 2026","dealValueUsd":638000000,"customDimensions":{"new_ticker":"CUAS","pipe_financing":75000000,"enterprise_value":370000000,"trust_account_value":176700000,"initial_pipe_tranche":5000000}},"quotedText":"As Space-Eyes enters its next stage of growth, we are assembling a board that reflects the breadth of capabilities required to build a leading defense and intelligence technology company","namedEntities":{"people":[{"name":"James Reese","role":"Director Designate, Former U.S. Army Lieutenant Colonel"},{"name":"Harbir Singh","role":"Director 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its business combination with McKinley Acquisition Corp., which implies a pro forma equity value of $638 million.\n\nThe transaction is expected to close in the fourth quarter of 2026, with the combined company planning to list on Nasdaq under the ticker symbol CUAS.","key_figures":{"guidance":"Transaction expected to close in Q4 2026","dealValueUsd":638000000,"customDimensions":{"new_ticker":"CUAS","pipe_financing":75000000,"enterprise_value":370000000,"trust_account_value":176700000,"initial_pipe_tranche":5000000}},"named_entities":{"people":[{"name":"James Reese","role":"Director Designate, Former U.S. Army Lieutenant Colonel"},{"name":"Harbir Singh","role":"Director Designate, Wharton School Professor"},{"name":"Norm Christensen","role":"Director Designate, Aerospace Entrepreneur"},{"name":"Terry Meguid","role":"Director Designate, Former Morgan Stanley Executive"},{"name":"Jatin Bains","role":"Founder and CEO of Space-Eyes"}],"products":["CATE AI 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