TAMPA, Fla. — NorthStar Earth and Space remains on track to expand its in-orbit space domain awareness (SDA) network, CEO Stewart Bain said, despite heavy investor withdrawals from the blank-check company merger that took it public last week.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...