Terran Orbital Corp

Terran Orbital Corporation (NYSE: LLAP) is a spacecraft manufacturer specializing in small satellites for government, defense, and commercial customers, including the U.S. Space Force and Lockheed Martin. The company went public through a merger with Tailwind Two Acquisition Corp, a blank-check vehicle sponsored by Tailwind Acquisition Holdings II, LLC, whose principals included Philip Krim and Matthew Eby. Tailwind Two completed its IPO in 2021, and the business combination agreement was announced in October of that year. The merger closed in early 2022, listing the combined company on the New York Stock Exchange in the aerospace and defense technology sector. Lockheed Martin subsequently acquired Terran Orbital and took it private in late 2024. Sign up at SpacDesk for the full filing history, sponsor data, and deal timeline on this transaction.