This week, we speak with Marc Bell, CEO and Co-Founder of Terran Orbital. Terran Orbital entered into a $1.5 billion combination with Tailwind Two Acquisition Corp. (NYSE:TWNT) in October of 2021.
Terran is building the world’s largest satellite manufacturing facility in Florida and it aims to be the first pure play space company that is vertically integrated all the way from its supply chain to the cosmos.
Tailwind Two Co-CEO and CFO Matt Eby also joins us to discuss the SPAC side of the transaction and its unique mix of financing tools. We also get into how to best evaluate space targets now that there are suddenly multiple publicly listed space ventures.
Give it a listen.
You can find our catalog of podcast episodes on both Apple and Spotify.
At the SPAC of Dawn After a tepid month for SPAC activity in April, prominent teams are already scheduling things to make for some fireworks in early May. AltC (NYSE:ALCC) has already been turning heads as being the rare SPAC to trade significantly above trust value before close, and it has now booked the completion...
At the SPAC of Dawn There are signs that the macro environment for SPACs is gradually improving, but the Screaming Eagle team yesterday announced a non-redemption agreement for its combination with Lionsgate Studios. Such agreements are generally a lever one pulls when a SPAC expects a potentially turbulent closing. All in all, the terms for...
Israeli tech firms have made up an outsized proportion of SPAC activity and despite the ongoing tensions in its region, that dealmaking is continuing unabated. In fact, the SPAC named for the particular mission of taking Israeli firms public through SPACs, Israel Acquisition Corp. (NASDAQ:ISRL) in fact just took one step closer in completing that...
At the SPAC of Dawn Although the market has largely recovered from a negative stretch last week, the roller coaster is tilted back downward for Trump Media (NASDAQ:DJT), which slid -8% yesterday to $32.57 – one of its lowest points since closing with Digital World last month. Other SPACs and de-SPACs are having a more...
Remember the metaverse? Many do not. Meta’s (NASDAQ:META) attempted transition to virtually living and working seemed to mark a trend that went up and down quickly, but one SPAC deal has both survived that roller coaster and may rise with a second. Back in December 2022, Newbury Street (NASDAQ:NBST) announced a $1.85 billion combination with...