Terran Orbital Selected by U.S. Space Force for $237 Million STEP 2.0 Contract to Support Next-Generation Space Technology Development
IRVINE, CA – May 2, 2025 – Terran Orbital Corporation, a leading manufacturer of small satellites primarily serving the aerospace and defense industries, announced today it has been selected by the U.S. Space Force as one of 12 companies awarded a position on the Space Test Experiments Platform (STEP) 2.0 contract. This 10-year, $237 million […]
Terran Orbital Welcomes Industry Veteran Kevin Huttenhoff as Key Account Executive
Terran Orbital, a global leader in satellite manufacturing and innovation, is excited to announce the appointment of Kevin Huttenhoff as Key Account Executive, effective immediately. Reporting to Michael Young, SVP of Business Development, Kevin will be based in Colorado and will focus on strengthening and expanding Terran Orbital’s strategic partnership with Lockheed Martin. Kevin Huttenhoff […]
Terran Orbital Appoints Richard Ullman as Senior Vice President, Finance & Business Operations
IRVINE, CA – Tuesday, February 25, 2025 – Terran Orbital, a leading manufacturer of satellite solutions primarily serving the aerospace and defense industries, today announced the appointment of Richard Ullman as Senior Vice President, Finance & Business Operations (F&BO). Ullman brings over three decades of financial leadership experience in the aerospace and defense sector, with […]
Executive Spotlight: Peter Krauss Leading Terran Orbital Into a New Era of Innovation and Growth
As Terran Orbital looks ahead to 2025, its new President and Chief Executive Officer is focused on leveraging the company’s proven track record to drive innovation, enhancing its portfolio and fostering a culture of transparency and collaboration. Peter Krauss, formerly Terran Orbital’s Chief Operations Officer, successfully led the company’s business operations, significantly strengthened its operational […]
Lockheed Martin Advances Space Capabilities through Strategic Terran Orbital Acquisition
Deal Enables Rapid Development and Fielding of Mission-Ready Spacecraft BETHESDA, Md., Oct. 30, 2024 /PRNewswire/ — Lockheed Martin (NYSE: LMT) has completed its previously announced acquisition of Terran Orbital, a leading manufacturer of innovative modular spacecraft serving the global aerospace and defense industries, and its subsidiary, Tyvak International. Lockheed Martin has worked with Terran Orbital on projects […]
Terran Orbital’s Tyvak International Announces Successful Launch of IPERDRONE.0 Developed for the Italian Space Agency
Tyvak International proudly announces the successful launch and deployment of IPERDRONE.0 following its release from the launcher. First contact has been established, and the Tyvak International team is now diligently working on the commissioning of the vehicle.