March 16, 2026 - 18:09

Merlin, Inc., a pioneering aerospace and defense technology firm, has officially completed its business combination with Inflection Point Acquisition Corp. IV. The transaction, which closed this week, secures over $200 million in gross proceeds for the company. This significant capital infusion is earmarked to accelerate the commercialization of Merlin's core technology: AI-powered autonomous aviation systems.
The company is poised to begin its next chapter as a publicly traded entity. Shares of Merlin will commence trading on the NASDAQ stock exchange starting March 17th under the ticker symbol "MRLN." This move marks a major milestone for the Boston-based company as it seeks to expand its market presence and advance its innovative projects.
Merlin is focused on developing the operating system for the next generation of autonomous aircraft. Its work aims to revolutionize sectors from logistics to defense by creating intelligent, self-flying platforms. The fresh capital from this public offering will fuel research, development, and the scaling of these advanced aviation solutions. The company operates from key facilities, including a prominent hangar in Quonset, Rhode Island, supporting its fleet and testing operations.
June 12, 2026 - 05:58
A closer look at how the World Cup impacts local businesses in the South BayThe roar of the crowd is not just coming from the stadium. Across the South Bay, from downtown San Jose to quiet neighborhood strips, local businesses are feeling the economic ripple of the World...
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A sign of the times? Two more Riverside restaurants closing their doorsTwo more restaurants in Riverside have announced they are shutting down, posting the sad news on their Facebook pages this week. The closures add to a growing list of local eateries that have...
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Nvidia Buys Kumo AI To Bring AI Predictions To Business DataNvidia has acquired Kumo AI for a reported $400 million, signaling a strategic shift toward applying artificial intelligence to internal business data rather than just public documents or software...
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Iowa's STOP Fraud Act targets fake business addressesIowa Secretary of State Paul Pate has announced that the newly signed STOP Fraud Act represents a significant step forward in the fight against business fraud, though he acknowledged that...