November 6, 2025 — AIReporter.news
HALIFAX — Marine Thinking Inc., a Halifax-based developer of AI-powered autonomous marine systems, is set to go public through a business combination with Eureka Acquisition Corp. (Nasdaq: EURK), a U.S.-listed special purpose acquisition company.
The deal, announced this week, will result in the formation of Marine Thinking Holdings Inc., which will be listed on the Nasdaq with a pre-money valuation of approximately US$130 million. The transaction marks a rare cross-border SPAC listing for a Canadian AI firm focused on physical autonomy.
Marine Thinking’s platform integrates real-time sensor fusion, route optimization and predictive maintenance for commercial fleets, targeting global shipping and fisheries markets. CEO Xue Liu said the listing will provide “the capital and visibility needed to scale our technology globally.”
The company’s AI stack is designed to deliver intelligent autonomy for the blue economy, with applications in environmental monitoring, fleet efficiency and maritime safety. Analysts say the move could spark broader investor interest in Canadian AI firms operating in industrial and environmental verticals.
