Satellite manufacturer Terran Orbital to go public in $1.58B SPAC merger

Terran Orbital, a leading manufacturer of small satellites, is going public in a merger with special purpose acquisition company (SPAC) Tailwind Two Acquisition Corp. The deal has a post-transaction enterprise value of $1.58 billion and will furnish the company with around $470 million. Of those funds, $345 million will come from Tailwind Two’s contribution, plus […]