Terran Orbital Receives Milestone Payment for 300 Spacecraft, $2.4 Billion Contract with Rivada Space Networks
Terran Orbital Receives Milestone Payment for 300 Spacecraft, $2.4 Billion Contract with Rivada Space Networks (Image Credit: Rivada) BOCA RATON, Fla., April 27, 2023 – Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or “the Company”), a global leader in satellite-based solutions, today announced the receipt of a further milestone payment alongside completion of the screening of […]
The sky is the only limit as Terran Orbital reaches new frontiers with its new space satellite technology
When Terran Orbital (NYSE:LLAP) won a $2.4 billion contract to build 300 satellites for Rivada Space Networks in February 2023 it confirmed the Boca Raton, Florida company’s leading position among the big league of new space companies proliferating satellites into low earth orbit. “The partnership with Rivada will show why Terran Orbital continues to be a satellite […]
Satellite Vendors Adapt to the DoD’s New Spiral Acquisition Model
Over the past half decade, the U.S. Defense Department has revamped its space acquisition processes, first by standing up a new Space Force, and then adding smaller offices dedicated to rapidly-produced proliferated constellations and embracing commercially provided services. Despite growing pains, observers say the new processes are here to stay. Read the full article here. […]
Terran Orbital’s Scott Bennett to Present at Arizona Space Summit
Terran Orbital’s Scott Bennett to Present at Arizona Space Summit (Image Credit: Terran Orbital Corporation) BOCA RATON, Fla., April 4, 2023 –Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, today announced Vice President of Business Development and Strategic Partnerships, Scott Bennett, will present at the Arizona […]
Terran Orbital Reports Full Year 2022 Financial Results and Another Year of Record Revenues
Record 2022 revenues of $94.2 million, an increase of 130% Recently awarded record 300 satellite, $2.4 billion constellation from Rivada Space Networks Commissioning Irvine expansion in 2023 to bring capacity up to 250 satellites per year Announcing additional Irvine expansion to be online as soon as 2024 BOCA RATON, Fla., March 21, 2023 […]
Terran Orbital to Present at Sidoti Small-Cap Virtual Investor Conference 2023
Terran Orbital to Present at Sidoti Small-Cap Virtual Investor Conference (Image Credit: Terran Orbital Corporation) BOCA RATON, Fla., March 20, 2023 –Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, today announced Co-Founder, Chairman, and Chief Executive Officer Marc Bell and Chief Financial Officer Gary Hobart will […]