Terran Orbital to IPO investors: Our DNA is Defense/Intelligence

Merchant small-satellite builder and future SAR radar satellite constellation operator Terran Orbital is telling investors to expect that its forecasted 2021 revenue of $35 million will grow 27-fold by 2024 as its own constellation deploys and the company taps into the U.S. government market.

Terran expects to be trading on the New York Stock Exchange by early 2022 following a merger and IPO with Tailwind Two Acquisition Corp., which will provide gross proceeds of $345 million plus $50 million in investment from Terran.

Read the full article by Peter de Selding, a Co-Founder and editor for SpaceIntelReport.com. He started SpaceIntelReport in 2017 after 26 years as the Paris Bureau Chief for SpaceNews where he covered the commercial satellite, launch and the international space businesses. He is widely considered the preeminent reporter in the space industry and is a must read for space executives.

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