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

Terran Orbital, a leading manufacturer of small satellites

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.

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