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  "documentTitle": "Terran Orbital | SPAC Presentation Deck | 40 slides",
  "authorId": "terran-orbital",
  "authorName": "Terran Orbital",
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  "presentationDate": "2021-10-01 00:00:00",
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  "nDataPoints": 6,
  "notes": "The chart highlights that Terran Orbital is priced at a significant discount compared to the median of its peers.",
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      "kind": "callout",
      "text": "Implied Future EV below Deal EV",
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      "kind": "chart",
      "text": "Bar chart showing percentage discounts for Terran Orbital and 6 peers",
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      "kind": "source-note",
      "text": "Source: Company management, Company presentations, public filings. Note: Terran Valuation Method for DTRV assumes '25P Adjusted EBITDA multiple of 11x discounted back 4.0 years at a discount rate of 20%. Analysis excludes Virgin Galactic given lack of '25P Adjusted EBITDA forecast.",
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      "text": "Transaction Priced at a Discount to Peer Multiples (Continued)",
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      "kind": "title",
      "text": "Deal Value Discount to Future Enterprise Value vs. Selected SPACE SPACs Assuming Terran's Valuation Methodology",
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      "evidence": "Comparing valuation multiples against a peer group",
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      "name": "Why Now",
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      "evidence": "The loop is supported by various slides highlighting Terran Orbital's momentum and growth potential.",
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      "structure": "The Context (Trends) -> The Trigger Event -> The Window of Opportunity",
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