Reston-based Babel Street names new CEO, CFO
Reston-based Babel Street Inc., a web and social media monitoring company, has named a new CEO and chief financial officer, according to a news release. Michael Southworth succeeds Babel Street founder and CEO Jeff Chapman, who has been named vice chairman of the company’s board of directors. Brian Daum has joined the company as CFO. “I […]
SPAC-ulative finance
One of the hottest investment tools in the past year and a half has imploded. But don’t give up on special purpose acquisition companies, or SPACs as these peculiar financial structures are called, industry experts say. Also called blank-check companies, SPACs are here to stay, but not necessarily at the high-flying levels of 2020 and […]
Herndon’s BlackSky appoints chief revenue officer
Herndon- and Seattle-based geospatial intelligence and global monitoring company BlackSky Technology Inc. announced that J.R. Riordan assumed the role of chief revenue officer on Monday. “With a professional background in both defense and geospatial intelligence, J.R. will be an outstanding addition to BlackSky’s expanded executive leadership team,” BlackSky CEO Brian O’Toole s[...]
Herndon’s BlackSky goes public after closing SPAC deal
Herndon- and Seattle-based geospatial intelligence and global monitoring company BlackSky Technology Inc. debuted on the New York Stock Exchange Friday after closing a SPAC merger originally announced in February. As of 4:09 p.m. Friday, BlackSky shares were trading at $10.98. Prior to Thursday’s merger with Philadelphia-based special purpose acquisition company Osprey Technology Acquisition[...]