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, industrials, materials, media, technology and telecommunications sectors. Prior to XYZ EML, Mr. Leeds was responsible for investor relations for Avery Dennison Corporation, KKR’s PRIMEDIA Inc. (formerly listed on the NYSE), three of John W. Kluge public companies (previously listed on the Nasdaq) and served as executive director of GA Kraut Company. Mr. Leeds began his career at the age of 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 of Republic Bank Asset Management (now HSBC).

Mr. Leeds is a graduate of from New York University 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 a member of Standard & Poor’s Institutional Market Services Advisory Board.

President and CEO of Terran Orbital Mark Bell said: “Eric is an experienced investor relations advisor and a strategic addition to the Terran Orbital team. His experience will prove vital to our business and its upward growth trajectory as he ensures we have the capital to redefine the next-gen space and deliver an exceptional shareholder returns for years to come.”

“I am delighted to join the Terran Orbital family and help investors understand the significant growth opportunities available to the company,” said Mr. Leeds. “Terran Orbital’s differentiated technology and its leadership position on key programs supporting the United States Government and major defense contractors will help the company’s future growth and success.”

Terran Orbital previously announced that it has entered into a business combination agreement with Tailwind Two Acquisition Corp. (NYSE: TWNT), (“Tailwind Two”), a special purpose acquisition company (SPAC), under which Terran Orbital will merge 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, civilian and commercial customers. Additionally, Terran Orbital is developing the world’s largest and most advanced NextGen Earth observation constellation to provide persistent real-time Earth imagery. Learn more about www.terranorbital.com

About Tailwind Two Acquisition Corp.

Tailwind Two is a “for the founders, by the founders” blank check corporation – formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or a similar business combination with one or more founder-led businesses in an industry disrupted by technological change. The management team and directors of Tailwind Two have invested heavily in founder-led businesses, with notable success in the space industry. Tailwind Two is led by the President Philippe Krimand co-CEOs Chris Hollod and Matt Eby. In addition to its executive team and board members, Tailwind Two has assembled an advisory board that will help position Tailwind Two as the value-added partner of choice for today’s leading contractors.

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 a registration 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 of the information to consider regarding the potential transaction and is not intended to form the basis of an investment decision or any other decision regarding the potential transaction. Tailwind Two shareholders and other interested persons are advised to read, when available, the preliminary proxy statement/prospectus and its amendments, together with the definitive proxy statement/prospectus and other documents. filed in connection with the potential transaction, as these documents will contain important information. on 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 on a record date to be determined to vote on the potential transaction. Shareholders may also obtain copies of the proxy statement/preliminary prospectus, definitive proxy statement/prospectus, and other documents filed with the SEC, free of charge, as soon as they become available, at the SEC website sec.gov.

Participants in the solicitation

Tailwind Two and its directors and officers may be considered participants in the solicitation of proxies from shareholders of Tailwind Two regarding the potential transaction. A list of the names of such directors and officers and a description of their interests in Tailwind Two are contained in the registration statement on Form S-4 filed by Tailwind Two, which has been filed with the SEC and is available free of charge at address The SEC website at www.sec.gov. Terran Orbital and its directors and officers may also be considered participants in the solicitation of proxies from shareholders of Tailwind Two in connection with the potential transaction. A list of the names of such directors and officers and information regarding their interests in the potential transaction are included in the registration statement on Form S-4 filed by Tailwind Two.


This press release and any oral statements made in connection with this press release do not constitute an offer, or the solicitation of an offer, sale or purchase of securities, and no securities of Terran Orbital or Tailwind Two will be offered or sold. , in any jurisdiction in which such offer, solicitation or sale would be unlawful. Neither the SEC nor any state securities commission has approved or disapproved of the transactions contemplated herein or determined whether this press release is true or complete. Any representation to the contrary is a criminal offence.

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 beliefs regarding the expected future financial and operating performance of Terran Orbital. Forward-looking statements are statements that are not historical, including statements regarding operational and financial plans, conditions and performance of Terran Orbital and other projections or predictions of the future. Forward-looking statements are generally identified by words such as “project”, “believe”, “expect”, “anticipate”, “intend”, “estimate”, “may”, “will”, “should” and “could” and similar expressions. These statements, estimates and projections reflect many assumptions regarding expected results. Forward-looking statements contained in this press release may include, for example; statements about Terran Orbital’s industry and market size; future opportunities; expectations and projections regarding future financial and operating performance and results of Terran Orbital; and potential transactions, including items such as implied enterprise value, ownership structure, amount of redemption requests made by Tailwind Two shareholders, Tailwind Two’s ability to issue shares or related instruments to actions in connection with the potential transactions or in the future, the likelihood and ability of the parties to successfully complete the potential transactions, and the 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. Because these assumptions may or may not turn out to be correct and there are numerous factors that will affect Terran Orbital’s actual results (many of which are beyond Terran Orbital’s control), there can be no assurance that the results projected are achievable or will made. 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. Actual results of Terran Orbital may differ materially from those presented in this press release.

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