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 […]
Max Q: Blue Origin puts safety in the backseat, workers claim
Hello, readers: Welcome back to Max Q. First, an introduction: I’m Aria Alamalhodaei, the resident space and transportation reporter here at TechCrunch. I’ll be taking over the Max Q newsletter from Darrell Etherington for the next few months. Tips, opinions, criticism, thoughts? Email me at aria.techcrunch@gmail.com or find me on Twitter at @breadfrom. Bezos’ labor […]
Terran Orbital to open a $300M satellite manufacturing and component facility on Florida’s Space Coast
Satellite manufacturing company Terran Orbital said Monday it would open the world’s largest space vehicle manufacturing facility on Florida’s Space Coast at a cost of $300 million. The 660,000-square-foot factory will be capable of producing “thousands of different types of space vehicles per year,” including 1000 complete satellites and over 1 million satellite components per […]