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Mnuchin Sees SPAC Deal Creating Markets for Satellite Imagery

  • Liberty Strategic Capital announces $150 million investment
  • Satellogic plans to merge with Cantor-backed blank-check firm
Bloomberg business news
Why Mnuchin, Lutnick Teamed Up on Satellite Investment

Former U.S. Treasury Secretary Steven Mnuchin said a satellite-imagery company backed by his private equity firm will open up new markets for the technology. 

“With vast amounts of data we can really analyze climate issues, energy supply, food security, supply chains,” Mnuchin said Tuesday in an interview on Bloomberg Television’s “Balance of Power with David Westin.”