Tailwind Two Acquisition Corp. (the “Company”) is a blank check company incorporated as a Cayman Islands exempted company on November 18, 2020. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities (a “Business Combination”).
Company profile
Ticker
LLAP, LLAP-WT
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Tailwind Two Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
PredaSAR Corporation • Terran Orbital Operating Corporation • Tyvak International S.R.L. • Tyvak Nano-Satellite Systems, Inc. ...
LLAP stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
14 May 24
8-K
Terran Orbital Reports First Quarter 2024 Financial Results
14 May 24
8-A12B/A
Registration of securities on exchange (amended)
24 Apr 24
8-K
Entry into a Material Definitive Agreement
18 Apr 24
ARS
2023 FY
Annual report to shareholders
10 Apr 24
DEF 14A
Definitive proxy
10 Apr 24
S-8
Registration of securities for employees
1 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
8-K
Terran Orbital Reports Record 2023 Financial Results
1 Apr 24
CERT
Certification of approval for exchange listing
5 Mar 24
Transcripts
LLAP
Earnings call transcript
2024 Q1
14 May 24
LLAP
Earnings call transcript
2023 Q3
14 Nov 23
LLAP
Earnings call transcript
2023 Q2
15 Aug 23
LLAP
Earnings call transcript
2023 Q2
15 Aug 23
LLAP
Earnings call transcript
2023 Q1
15 May 23
LLAP
Earnings call transcript
2022 Q4
21 Mar 23
LLAP
Earnings call transcript
2022 Q3
9 Nov 22
LLAP
Earnings call transcript
2022 Q2
14 Aug 22
LLAP
Earnings call transcript
2022 Q1
13 May 22
Latest ownership filings
SC 13D/A
LOCKHEED MARTIN CORP
2 May 24
4
Thomas E. Manion
3 Apr 24
4
JAMES LACHANCE
3 Apr 24
4
DANIEL C STATON
3 Apr 24
4
STRATTON D SCLAVOS
3 Apr 24
4
Richard Y. Newton III
3 Apr 24
4
Douglas L. Raaberg
3 Apr 24
4
Tobi Petrocelli
3 Apr 24
SC 13D/A
LOCKHEED MARTIN CORP
1 Mar 24
4
JAMES LACHANCE
29 Feb 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Operating income | |||||
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 43.70 mm | 43.70 mm | 43.70 mm | 43.70 mm | 43.70 mm | 43.70 mm |
Cash burn (monthly) | 9.32 mm | 1.14 mm | 17.73 mm | 12.55 mm | 7.61 mm | 3.81 mm |
Cash used (since last report) | 14.83 mm | 1.82 mm | 28.21 mm | 19.97 mm | 12.10 mm | 6.06 mm |
Cash remaining | 28.87 mm | 41.88 mm | 15.49 mm | 23.73 mm | 31.60 mm | 37.64 mm |
Runway (months of cash) | 3.1 | 36.6 | 0.9 | 1.9 | 4.2 | 9.9 |
Institutional ownership, Q2 2022
8.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 160.93 mm |
Total shares | 16.27 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Tailwind Two Sponsor | 16.27 mm | $160.93 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Apr 24 | Tobi Petrocelli | Common Stock, par value $0.0001 per share | Option exercise | Acquire M | No | No | 0 | 95,109 | 0.00 | 129,275 |
3 Apr 24 | Tobi Petrocelli | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 95,109 | 0.00 | 141,922 |
3 Apr 24 | Richard Y. Newton III | Common Stock, par value $0.0001 per share | Option exercise | Acquire M | No | No | 0 | 95,109 | 0.00 | 147,479 |
3 Apr 24 | Richard Y. Newton III | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 95,109 | 0.00 | 15,617 |
3 Apr 24 | Douglas L. Raaberg | Common Stock, par value $0.0001 per share | Option exercise | Acquire M | No | No | 0 | 95,109 | 0.00 | 147,479 |
3 Apr 24 | Douglas L. Raaberg | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 95,109 | 0.00 | 149,205 |
3 Apr 24 | Thomas E. Manion | Common Stock, par value $0.0001 per share | Grant | Acquire A | No | No | 0 | 18,031 | 0.00 | 147,306 |
3 Apr 24 | Thomas E. Manion | Common Stock, par value $0.0001 per share | Option exercise | Acquire M | No | No | 0 | 95,109 | 0.00 | 129,275 |
3 Apr 24 | Thomas E. Manion | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 95,109 | 0.00 | 176,922 |
3 Apr 24 | Staton Daniel C | Common Stock, par value $0.0001 per share | Grant | Acquire A | No | No | 0 | 8,541 | 0.00 | 2,139,251 |
News
HC Wainwright & Co. Reiterates Buy on Terran Orbital, Maintains $3 Price Target
15 May 24
Stifel Maintains Buy on Terran Orbital, Maintains $7 Price Target
15 May 24
Terran Orbital Says Review Of Strategic Alternatives Still Ongoing
14 May 24
Terran Orbital Q1 2024 GAAP EPS $(0.26) Misses $(0.17) Estimate, Sales $27.235M Miss $45.369M Estimate
14 May 24
Terran Orbital Awarded Subcontract, Selected By Lockheed Martin To Produce 18 Satellite Buses For Their Recent Space Development Agency Tranche 2 Tracking Layer Contract
13 May 24
Press releases
Terran Orbital Joins the Mobile Satellite Services Association (MSSA)
16 May 24
Terran Orbital's GEOStare SV2 Captures 3 Years of Success in High-Resolution Imaging
15 May 24
Terran Orbital Reports First Quarter 2024 Financial Results
14 May 24
Terran Orbital is Awarded Subcontract by Lockheed Martin for SDA's Tranche 2 Tracking Layer
13 May 24
Terran Orbital Schedules Conference Call to Discuss First Quarter 2024 Financial Results
10 May 24