TERRAN ORBITAL COMPLETES $36 MILLION SERIES “B” FINANCING

Terran Orbital Corporation (the Company),  a leading innovator and provider of end-to-end nanosatellite and microsatellite services and solutions for government agencies and commercial enterprises, announced today the successful completion of a Series “B” round, which raised $36 million from investors that included existing investor Lockheed Martin, Beach Point Capital managed funds, and Goldman Sachs. Additional terms of the transaction were not disclosed.