Terran Orbital’s Tyvak International Secures European Defense Agency Contract for Pioneering VLEO Satellite Project
Tyvak International SRL announced a secured service subcontract for the European Defense Agency’s (EDA) Hub for EU Defense Innovation (HEDI) proof-of-concept prototype 2023. This groundbreaking project focuses on Very Low Earth Orbit (VLEO) satellite exploration, marking a significant leap forward in military space technology.
Terran Orbital Regains Compliance with NYSE Continued Listing Standards
Terran Orbital announced that it received a notice from the New York Stock Exchange on March 29, 2024 stating that the Company has regained compliance with the minimum stock price continued listing standard set forth in Section 802.01C and will be removed from the NYSE’s noncompliant issuers list.
Terran Orbital Subsidiary Tyvak International’s Milani Satellite Delivered to the European Space Agency for Hera Mission
Tyvak International SRL, a wholly-owned subsidiary of Terran Orbital Corporation and a leading European nano and microsatellite manufacturer based in Torino, Italy, today announced that they have completed the formal delivery of the Hera Milani satellite to the European Space Agency. For this historical event, a ceremony was held on March 14th at Tyvak International’s premises in Torino, Italy.
Terran Orbital Unveils Next-Generation SmallSat GEO™ Solution
Terran Orbital announced their entrance into the small satellite geosynchronous orbit (GEO) market with their SmallSat GEO™ solution for satellites above 500kg. This will be unveiled at the SATELLITE 2024 trade show, happening March 18-21 at the Walter E. Washington Convention Center in Washington D.C. Visit us at Booth #2251 and experience our next-generation SmallSat GEO™ solution through immersive augmented reality.
Terran Orbital Selected as One of the Companies Awarded Up To $45 Million IDIQ by NASA to Support Space Technology Advancement
Today, Terran Orbital Corporation announced it is one of 15 companies awarded Indefinite-Delivery/Indefinite-Quantity (IDIQ) contracts with a maximum combined value of $45 million. The contracts are in support of NASA’s Flight Opportunities and Small Spacecraft Technology programs within the agency’s Space Technology Mission Directorate.
Terran Orbital Awarded a $15.2 million Contract from the US Space Force
Terran Orbital Corporation announced it was awarded a $15.2 million contract to supply Ambassador Class satellite platforms complete with solar arrays and support equipment to the Air Force Research Laboratory AFRL. The contract, managed through Axient Corporation, will integrate payloads onto these ESPA-Grande size space vehicle platforms to support specific United States Space Force missions. Delivery is planned in the 4th quarter of 2024.