Akin Gump Advises Small Satellites Innovator Terran Orbital in $1.6 Billion Business Combination with Tailwind Two

March 28, 2022

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Jacinta O'Shea-Ramdeholl

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Scott Wasserman

Senior Media Relations Manager

(New York) – Tailwind Two Acquisition Corp., a special purpose acquisition company, announced the completion of its business combination with Terran Orbital Corporation, a leading small satellite manufacturer primarily serving the United States aerospace and defense industry. A cross-practice team from Akin Gump advised Terran Orbital in the deal.

In connection with the completion of the business combination, Tailwind Two has been renamed Terran Orbital Corporation and its pro forma total enterprise value will be approximately $1.6 billion.

To learn more, click here.

The Akin Gump team was led by partner Jonathan Pavlich and tax practice head Stuart Leblang, and included counsel Eric Wexler; senior counsel Miriam Foley and counsel Vivian Wong. Additional members of the team included:

  • Partner Rosa Testani, senior counsel Daniel Zimmerman and counsel Anthony Ameduri, handling the capital markets aspects of the transaction;
  • Partner Meng Ru and Clare Joyce, handling the finance aspects.

Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia.

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