Two Terran Orbital Space Vehicles Added to $6B Multi-Participant Rapid IV IDIQ Contract Vehicle
Terran Orbital announced the expansion of its capabilities under NASA’s long-standing multi-participant Rapid Spacecraft Acquisition IV (Rapid IV) Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract. NASA has on-ramped two additional space vehicle platforms, which could position Terran Orbital as a premier partner for the space agency, offering a wider range of solutions for diverse missions. Terran Orbital has been an existing awardee under this contracting vehicle since 2020 through its Tyvak Nano-Satellite subsidiary, with two space vehicles already eligible for NASA task orders. The Rapid IV awards have a shared potential ceiling of $6 billon amongst all contractors selected.
Terran Orbital Expands Leadership Team with Focus on Growth and Profitability
Peter Krauss Appointed as Chief Operating Officer Adarsh Parekh Appointed as Chief Financial Officer Mathieu Riffel Appointed as Chief Accounting Officer BOCA RATON, Fla., May 29, 2024—Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions serving the aerospace, defense, intelligence, and commercial industries, today announced key appointments […]
Terran Orbital Joins the Mobile Satellite Services Association (MSSA)
Terran Orbital announced its membership in the Mobile Satellite Services Association (MSSA). An industry effort to advance the development of direct-to-device (D2D) and IoT connectivity through an ecosystem of Non-Terrestrial Network (NTN) providers that are committed to seamlessly extending mobile coverage globally.
Terran Orbital’s GEOStare SV2 Captures 3 Years of Success in High-Resolution Imaging
Terran Orbital celebrates the 3rd anniversary of its successful GEOStare SV2 mission. Launched on May 15, 2021, from NASA’s Kennedy Space Center in Florida, GEOStare SV2 has surpassed expectations, delivering exceptional results for commercial satellite imagery.
Terran Orbital is Awarded Subcontract by Lockheed Martin for SDA’s Tranche 2 Tracking Layer
Terran Orbital announced being selected by Lockheed Martin to produce 18 satellite buses for their recent Space Development Agency (SDA) Tranche 2 (T2) Tracking Layer contract.
Terran Orbital Schedules Conference Call to Discuss First Quarter 2024 Financial Results
Terran Orbital today announced it will host the Company’s first quarter 2024 earnings conference call at 11:00 a.m. E.T. on May 14, 2024.