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Terran Orbital

Closed (deSPAC)

Industrials · satellite and space vehicle manufacturing

What it is
Orbital Terran Orbital Corporation is a leading manufacturer of small satellites primarily serving the United States aerospace and defense industry
What it’s doing now
Merging with Tailwind Two Acquisition Corp. (TWNT) — closed (despac).
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.

The business, per its filings

SEC primary

Orbital Terran Orbital Corporation is a leading manufacturer of small satellites primarily serving the United States aerospace and defense industry. Terran Orbital provides end-to-end satellite solutions by combining satellite design, production, launch planning, mission operations, and in-orbit support to meet the needs of the most demanding military, civil, and commercial customers. Learn more at www.terranorbital.com. CONTACT: i nvestors@terranorbital.com 949-202-8476 3

Source: S-4/A, accession 0001104659-22-008442

What the company says about itself

Web research — not audited

Terran Orbital is a leading manufacturer of satellite solutions, delivering flight-proven spacecraft and advanced mission capabilities to government and commercial partners. With over a decade of engineering excellence, they have built and delivered more spacecraft than most competitors, supporting missions in defense, Earth observation, and deep space exploration.

Markets:
defense | Earth observation | deep space exploration | satellite solutions
Products:
flight-proven spacecraft | advanced mission capabilities | satellite solutions
What our web check found

[WEB-INTEL 2026-08-26] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Transaction Expected to Close March 25, 2022." [https://www.businesswire.com/news/home/20220322005910/en/Tailwind-Two-Acquisition-Corp.-Shareholders-Approve-Previously-Announced-Business-Combination-with-Terran-Orbital] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Terran Orbital to begin trading on the New York Stock Exchange on March 28, 2022 under ticker symbols LLAP and LLAP WS." [https://terranorbital.com/tailwind-two-acquisition-corp-and-terran-orbital-announce-completion-of-business-combination/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Closing its merger nets Terran with $255 million in gross proceeds, with $29.4 million from Tailwind Two as well as a $50.8 million PIPE round — or private ..." [https://terranorbital.com/terran-orbital-starts-trading-on-the-nyse-with-200-million-in-outstanding-spacecraft-orders/]

Source: https://terranorbital.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Terran Orbital is merging with Tailwind Two Acquisition Corp. (TWNT) currently marked Closed (deSPAC).

Headline equity value—

Structure per SEC accession(s) 0001193125-24-232740. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Terran Orbital going public?

Terran Orbital has an approved merger with the SPAC Tailwind Two Acquisition Corp. (TWNT). Deal status: Closed (deSPAC).

Does Terran Orbital have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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