TORONTO, Feb. 8, 2024
/CNW/ - Celestial Acquisition Corp. (TSXV: CES.P)
("Celestial" or, the "Corporation"), the first Space
Technology focused capital pool company to list on the TSX Venture
Exchange, is thrilled to announce the appointment of distinguished
astronaut, engineer and space business entrepreneur Col.
Chris Hadfield as technical advisor
to Celestial.
"Chris' vast experience and relentless pursuit of excellence in
space and aeronautics, together with his unique ability to forge
ties in industry, will be invaluable to the Celestial team as we
pursue our mandate to bring the highest calibre opportunities in
the growing New Space economy to the Canadian capital markets,
while supporting the expansion of the Canadian space ecosystem. We
are tremendously pleased that Chris has decided to join our team
and are thrilled to be working with him," said Jared Bottoms, Chief Executive Officer of
Celestial, and Director of Advanced Programs & Strategy at
Kepler Communications.
"It is a pivotal time in the space industry, with radically
decreasing launch costs and multi-layered space business
opportunities. I'm very pleased to be working with Celestial to
help new space companies grow and succeed in Canada," said Colonel Hadfield.
Chris Hadfield's distinguished
career as an astronaut, business leader and hi-tech entrepreneur
spans decades, initially as a combat fighter pilot and test pilot
in the Royal Canadian Air force, US Air Force and US Navy, and
later as director of operations for NASA in Russia. He flew three space missions, built
two space stations, performed two spacewalks, crewed the Shuttle
and Soyuz, and commanded the International Space Station. Col.
Hadfield is also author of five internationally best-selling books,
serves as a director and advisor to multiple tech companies
including SpaceX and Virgin Galactic, is board chair of the Open
Lunar Foundation, and is advising King
Charles III in the establishment of the Astra Carta, a space
sustainability framework.
About Celestial Acquisition
Corp.
Celestial is the first and only Capital Pool Company listed on
the TSX Venture Exchange that is focused on the Space Technology
sector. Celestial is part of a larger platform and network of
sophisticated technicians, industry professionals and impact
capital whose mission it is to grow the Space Tech ecosystem
in Canada by attracting exciting
growth stage New Space companies to the Canadian capital markets,
and supporting their growth and success.
For additional information
visit www.celestialgrowth.com
Cautionary Notes
Investors are cautioned that trading in the securities of a
capital pool company should be considered highly speculative.
Certain statements in this news release constitute "forward-looking
information" and "forward-looking statements" under applicable
securities legislation. All information contained herein that is
not historical in nature may constitute forward-looking
information. Forward-looking information is based upon a number of
estimates and assumptions that, while considered reasonable, are
subject to known and unknown risks, uncertainties, and other
factors which may cause the actual results and future events to
differ materially from those expressed or implied herein. There can
be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers of this news
release should not place undue reliance on forward-looking
information. The Corporation disclaims any intention or obligation
to update or revise any forward-looking information, whether as a
result of new information, future events or otherwise, except as
required by law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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SOURCE Celestial Acquisition Corp.