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Spacetalk Secures $10 Million Placement to Accelerate Platform and Network Expansion
9:45am on Wednesday 5th of August, 2026 AEST
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Spacetalk Secures $10 Million Placement to Accelerate Platform and Network Expansion
9:45am on Wednesday 5th of August, 2026 AEST
Key Points
Two-tranche placement raises $10 million at $0.075 per share
Tranche 1 ($2.6 million) issued immediately under existing capacity
Tranche 2 ($7.4 million) subject to shareholder approval in September
Funds to support platform development, inventory, MVNO migration, and new devices
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Spacetalk (ASX:SPA)
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