Merlin, Inc. is an aerospace and defense technology company focused on developing autonomous flight solutions. The company is building an operating system of record for autonomous aviation, with its Merlin Pilot system enabling a wide range of aircraft and mission profiles. Its technology has been validated through hundreds of autonomous flights conducted at test facilities worldwide. The company is headquartered in Boston, MA.
A1R water Debuts as Publicly Traded Company to Build Leading CPG Brand in Atmospheric Water
A1R water closed its business combination with Inflection Point Acquisition Corp. III, backed by a fully committed $96 million PIPE to support commercial-scale production.
The combined company will begin trading on the Nasdaq under the ticker symbol WATR on August 17.
Management plans to use the capital to expand retail distribution across the Southeast and capture a share of the $12.5 billion air-to-water market.