Terran Orbital SPAC Presentation Deck slide image

Terran Orbital SPAC Presentation Deck

Satellite Solutions Has a Large Pipeline and Significant Momentum Key Stats $75M+ Funded Backlog Select Opportunities Opportunity A Incumbent ● Incumbent On SDA Transport Layer Tranche 0 Contract 10-year ● US DOD • 1,000+ satellites Military data and connectivity worldwide $9B+ Gross Pipeline¹ TERRAN ORBITAL ● Opportunity B Incumbent ● 5-year ● US DOD 192 satellites Advanced mesh networking in space aimed to enhance RF applications 85+ Opportunities in Pipeline $1.5B+ Weighted Pipeline² ● • 3-year ● International Commercial Ⓡ Opportunity C Awarded & FMS 8 satellites Build, launch, and operate imagery satellites Source: Company management. Note: Funded Backlog represents performance obligations as of December 31, 2020. ¹ Sum of lifetime revenue of all opportunities identified by management. 2 Gross pipeline probability-weighted based on management's expected probability of winning each opportunity. Revenue Projections Supported by Large Pipeline ($ in millions) $25 FY20A Irvine, California Capacity Expansion $35 FY21P $94 FY22P New Facility Capacity Expansion $283 FY23P $435 FY24P $640 FY25P $918 FY26P 16
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