# Dronamics to go public via SPAC merger with GP-Act III Acquisition Corp.

Dronamics Group Ltd. and GP-Act III Acquisition Corp. have entered a definitive business combination agreement that would take Dronamics public on Nasdaq. The deal sets a $400 million pre-money equity value for Dronamics and is expected to close in the first half of 2027.

- Type: Acquisition
- Announced: 2026-11-09
- Value: $400.0M
- Status: announced
- Products: composite cargo drone, Black Swan unmanned aircraft
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Dronamics Group](https://endata.com/companies/15684.md)
- [GP-Act III Acquisition Corp.](https://endata.com/companies/15685.md) (acquirer)
- [GP-Act III Acquisition Corp.](https://endata.com/companies/15685.md) (partner)

## Sources

- [compositesworld.com](https://www.compositesworld.com/news/dronamics-to-go-public-to-scale-composite-black-swan), 2026-11-09: "The agreement sets a $400 million pre-money equity value for Dronamics on a fully diluted basis, implying a pro-forma enterprise value of ~$500 million."
- [uasweekly.com](https://uasweekly.com/2026/11/09/dronamics-plans-public-market-debut-through-gp-act-iii-business-combination/), 2026-11-09: "The proposed Dronamics SPAC merger values the company at $400 million on a fully diluted pre-money equity basis."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.