# Tailwind Two Acquisition Corp. to merge with Terran Orbital in $1.58B deal

Tailwind Two Acquisition Corp. signed a definitive agreement to merge with Terran Orbital, a small satellite manufacturer, in a transaction valued at $1.58 billion. The deal is expected to close in Q1 2022.

- Type: Acquisition
- Announced: 2021-10-28
- Where: United States
- Value: $1.58B
- Status: announced
- Products: small satellites, earth observation solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Tailwind Two Acquisition Corp.](https://endata.com/companies/58793.md) (acquirer)
- [Terran Orbital](https://endata.com/companies/58794.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/tailwind-two-acquisition-corp-signs-definitive-agreement-with-terran-orbital-the-global-leader-in-the-development-and-innovation-of-small-satellites-in-a-transaction-valued-at-1-58-billion-301411510.html), 2021-10-28: "Terran Orbital is the pioneer and innovator of small satellites, with fully integrated operations, scale manufacturing and mission management capabilities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.