Team

Public Board Roles:

• USA Rare Earth (USAR), Executive Chairman
• Quantum Space (QSPC), Lead Director*
• Merlin Labs (MRLN), Lead Director
• Intuitive Machines (LUNR), Director
• Pasqal Holding SAS (PSQL), Director*

Michael Blitzer is a Founder and Managing Partner of Inflection Point, the leading financial sponsor of companies at the intersection of national security, technology, and critical infrastructure. Across eight announced or closed public listings, he has led Inflection Point’s portfolio of strategically important assets, raising more than $5B of capital to catalyze growth across the portfolio. He has led billions of dollars in strategic M&A to scale portfolio companies into multi-billion-dollar public leaders in their respective industries.

Mr. Blitzer is the Executive Chairman of USA Rare Earth (Nasdaq: USAR, formerly Inflection Point II) and has overseen significant growth in the company’s market capitalization through strategic M&A and the landmark $3B public-private partnership with the United States Government. He also led the public listing of Intuitive Machines (Nasdaq: LUNR, formerly Inflection Point I), where he continues to serve as a Director, helping to transform the company into a leading lunar exploration company. In 2024, Intuitive Machines became the first private enterprise to successfully land on the Moon with its landmark IM-1 mission.

Mr. Blitzer is also Lead Director of Merlin Labs (Nasdaq: MRLN, formerly Inflection Point IV), a leading AI-enabled autonomous flight company. He is set to join the boards of Pasqal Holding SAS, a leading quantum computing company for which Inflection Point led its $250M PIPE, and Quantum Space (NYSE: QSPC, currently Inflection Point VI), where he will serve as Lead Director.

He remains Chairman of the Board of Inflection Point III (Nasdaq: IPCX), which has announced a business combination with A1R water; Inflection Point V (Nasdaq: IPEX), which has announced a business combination with GoWell; Inflection Point VII (Nasdaq: IPXG), which has announced a business combination with Elroy Air; and Inflection Point VIII (Nasdaq: IPHX).

Previously, Mr. Blitzer was the Founder and CEO of Kingstown Capital Management, which he founded in 2004 with author and investor Joel Greenblatt, and grew into a multi-billion-dollar asset manager serving some of the world’s largest endowments and foundations until 2021. He began his career at J.P. Morgan in 1999, advising companies globally on private debt and equity capital raises. Mr. Blitzer taught courses at Columbia Business School in the 2010s and later joined the board of the Heilbrunn Center for Investing at Columbia. He holds an MBA from Columbia Business School and a B.S. from Cornell University.

*Pending De-SPAC Listing.

Kevin Shannon is a Founder and Partner of Inflection Point Asset Management. Mr. Shannon serves as CEO of Inflection Point VI (Nasdaq: IPFX), which has announced a business combination with Quantum Space, and Inflection Point VII (Nasdaq: IPXG), which has announced a business combination with Elroy Air. He also serves as COO of Inflection Point III (Nasdaq: IPCX), which has announced a business combination with A1R water, and Inflection Point V (Nasdaq: IPEX), which has announced a business combination with GoWell.

He previously served as Chief of Staff of Inflection Point II (Nasdaq: IPXX) from March 2023 until the completion of its initial business combination with USA Rare Earth in March 2025; Chief of Staff of Inflection Point I (Nasdaq: IPAX) from March 2021 until the completion of its initial business combination with Intuitive Machines in February 2023; and COO of Inflection Point IV (Nasdaq: IPDX) from July 2025 until the completion of its initial business combination with Merlin Labs in March 2026.

In his roles as COO of IPCX, IPDX and IPEX, and Chief of Staff for IPXX and IPAX, Mr. Shannon played an active role in target sourcing, transaction negotiations, and due diligence across each business combination. Mr. Shannon currently serves as Capital Markets Advisor for Intuitive Machines, Inc. and as Special Advisor to USA Rare Earth, Inc.

Prior to joining Inflection Point Asset Management, Mr. Shannon was a Principal at The Venture Collective from April 2023 to March 2024, where he helped source and evaluate later-stage investments for the venture capital firm. Previously, Mr. Shannon was a Senior Analyst at Kingstown Capital from March 2021 to March 2023. Mr. Shannon began his career in Equity Capital Markets at Bank of America, where he worked across the Technology, Industrials, Equity-Linked, and SPAC teams. Mr. Shannon holds a B.A. from Colgate University.

Adam Saks has served as the CFO of Inflection Point Asset Management since January 2026. He currently serves as the CFO of Inflection Point VI and Principal of A. Saks Advisory. Prior to Inflection Point Asset Management, Mr. Saks served as CFO of Aksia, Executive Director of Corporate Finance - Head of FP&A at Perella Weinberg Partners, and as VP of FP&A at Fortress Investment Group. Mr. Saks holds a B.B.A. in Finance, Investment & Banking from the University of Wisconsin.

Dylan Chan has served as Chief of Staff at Inflection Point Asset Management since May 2026. Prior to joining Inflection Point Asset Management, Mr. Chan served as a Technology Investment Banking Analyst at Cantor. He began his career at Boeing as a Rocket Propulsion Engineer on NASA’s SLS Program. Mr. Chan holds a B.E. in Mechanical Engineering and a B.A. in Engineering Sciences from Dartmouth College.