BOCA RATON, Fla., Feb. 10, 2022 /PRNewswire/ -- Terran Orbital
Corporation ("Terran Orbital"), a leading vertically integrated
provider of end-to-end satellite solutions, announced today the
appointment of Eric Leeds as Vice
President of Investor Relations.
Mr. Leeds joins Terran Orbital from XYZ EML LLC where he advised
companies on using investor relations to create value for investors
and facilitate access to capital. Mr. Leeds' experience spans
the consumer, energy, financial, healthcare, industrial, materials,
media, technology and telecom industries. Prior to XYZ EML, Mr.
Leeds was head of investor relations for Avery Dennison
Corporation, KKR's PRIMEDIA Inc. (previously listed on NYSE), three
of John W. Kluge's public companies
(previously listed on Nasdaq) and was executive director of G. A.
Kraut Company. Mr. Leeds began his career at age 16 at Lehman
Brothers as a buy-side analyst for an original member of the
Buffett Partnership (now Berkshire Hathaway), followed by his role
as an analyst at Chemical Bank (now JPMorgan Chase) and was a
member of the investment committee at Republic Bank Asset
Management (now HSBC).
Mr. Leeds is a graduate of New York
University's Stern School of Business and holds an Investor
Relations Charter (IRC) from the National Investor Relations
Institute. He is a Founding Board Member of Institutional Investor
Magazine's Journal of Strategic Investor Relations and Member of
Standard & Poor's Institutional Market Services Advisory
Council.
Terran Orbital Chief Executive Officer Marc Bell said, "Eric is an experienced investor
relations advisor and a strategic addition to the Terran Orbital
team. His background will prove vital to our company and its upward
growth trajectory as he ensures we have the capital to redefine
next-gen space and deliver outstanding shareholder returns for
years to come."
"I'm excited to join the Terran Orbital family and help
investors understand the significant growth opportunities ahead of
the Company," said Mr. Leeds. "Terran Orbital's differentiated
technology and leadership position on key programs supporting the
United States Government and major defense prime contractors will
help enable the Company's future growth and success."
Terran Orbital has previously announced that it entered in a
business combination agreement with Tailwind Two Acquisition Corp.
(NYSE: TWNT), ("Tailwind Two"), a special purpose acquisition
company (SPAC), pursuant to which Terran Orbital will combine with
Tailwind Two.
About Terran Orbital
Terran Orbital Corporation is a leading vertically integrated
provider of end-to-end satellite solutions. Terran Orbital combines
satellite design, production, launch planning, mission operations
and in-orbit support to meet the needs of the most demanding
military, civil and commercial customers. In addition, Terran
Orbital is developing the world's largest, most advanced NextGen
Earth Observation constellation to provide persistent, real-time
earth imagery. Learn more at www.terranorbital.com
About Tailwind Two Acquisition Corp.
Tailwind Two is a blank check company "for founders, by
founders" – formed for the purpose of effecting a merger, capital
share exchange, asset acquisition, share purchase, reorganization
or similar business combination with one or more founder-led
businesses in a sector being disrupted by technological change.
Tailwind Two's management team and directors have invested
extensively in founder-run businesses, with notable success in the
space industry. Tailwind Two is led by Chairman Philip Krim, and Co-Chief Executive Officers
Chris Hollod and Matt Eby. In addition to the members of its
management team and board of directors, Tailwind Two has assembled
an Advisory Board that will help position Tailwind Two as the
value-add partner of choice for today's leading entrepreneurs.
Important Information and Where to Find It
In connection with the proposed potential transaction, Tailwind
Two has filed with the SEC a registration statement on Form S-4
containing a preliminary proxy statement and a preliminary
prospectus of Tailwind Two, and after the registration statement is
declared effective, Tailwind Two will mail a definitive proxy
statement/prospectus relating to the proposed potential transaction
to its shareholders. This press release does not contain all the
information that should be considered concerning the potential
transaction and is not intended to form the basis of any investment
decision or any other decision in respect of the potential
transaction. Tailwind Two's shareholders and other interested
persons are advised to read, when available, the preliminary proxy
statement/prospectus and the amendments thereto and the definitive
proxy statement/prospectus and other documents filed in connection
with the potential transaction, as these materials will contain
important information about Terran Orbital, Tailwind Two and the
potential transaction. When available, the definitive proxy
statement/prospectus and other relevant materials for the potential
transaction will be mailed to shareholders of Tailwind Two as of a
record date to be established for voting on the potential
transaction. Shareholders will also be able to obtain copies of the
preliminary proxy statement/prospectus, the definitive proxy
statement/prospectus and other documents filed with the SEC,
without charge, once available, at the SEC's website sec.gov.
Participants in the Solicitation
Tailwind Two and its directors and executive officers may be
deemed participants in the solicitation of proxies from Tailwind
Two's shareholders with respect to the potential transaction. A
list of the names of those directors and executive officers and a
description of their interests in Tailwind Two is contained in the
registration statement on Form S-4 filed by Tailwind Two, which was
filed with the SEC and is available free of charge at the SEC's web
site at www.sec.gov. Terran Orbital and its directors and
executive officers may also be deemed to be participants in the
solicitation of proxies from Tailwind Two's shareholders in
connection with the potential transaction. A list of the names of
such directors and executive officers and information regarding
their interests in the potential transaction are included in the
registration statement on Form S-4 filed by Tailwind Two.
Non-Solicitation
This press release and any oral statements made in connection
with this press release shall not constitute an offer, nor a
solicitation of an offer, of the sale or purchase of any
securities, nor shall any securities of Terran Orbital or Tailwind
Two be offered or sold, in any jurisdiction in which such an offer,
solicitation or sale would be unlawful. Neither the SEC nor any
state securities commission has approved or disapproved of the
transactions contemplated hereby or determined if this press
release is truthful or complete. Any representation to the contrary
is a criminal offense.
Special Note Regarding Forward-Looking Statements
This press release includes certain forward-looking statements,
estimates, and projections provided by Terran Orbital that reflect
management's views regarding the anticipated future financial and
operating performance of Terran Orbital. Forward-looking statements
are statements that are not historical, including statements
regarding operational and financial plans, terms and performance of
Terran Orbital and other projections or predictions of the future.
Forward looking statements are typically identified by such words
as "project," "believe," "expect," "anticipate," "intend,"
"estimate," "may," "will," "should," and "could" and similar
expressions. Such statements, estimates, and projections reflect
numerous assumptions concerning anticipated results.
Forward-looking statements in this press release may include, for
example; statements about Terran Orbital's industry and market
sizes; future opportunities; expectations and projections
concerning future financial and operational performance and results
of Terran Orbital; and the potential transactions, including items
such as the implied enterprise value, ownership structure, the
amount of redemption requests made by Tailwind Two's shareholders,
the ability of Tailwind Two to issue equity or equity-linked
instruments in connection with the potential transactions or in the
future, the likelihood and ability of the parties to successfully
consummate the potential transactions, and those factors set forth
in the section entitled "Risk Factors" and "Cautionary Note
Regarding Forward-Looking Statements" in Tailwind Two's final
prospectus relating to its initial public offering dated
March 8, 2021, and in subsequent
filings with the SEC, including the registration statement on Form
S-4 relating to the potential transaction filed by Tailwind Two. As
these assumptions may or may not prove to be correct and there are
numerous factors which will affect Terran Orbital's actual results
(many of which are beyond Terran Orbital's control), there can be
no assurances that any projected results are attainable or will be
realized. Terran Orbital and Tailwind Two disclaim any intention or
obligation to update or revise any forward-looking statements
whether as a result of new information, future events, or
otherwise, except as required by law. Terran Orbital's actual
results may differ materially from those set forth in this press
release.
CONTACTS:
pr@terranorbital.com
949-294-1164
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SOURCE Terran Orbital