Terran Orbital Receives Payment from Rivada
Terran Orbital Corporation today announced that it had received a payment from Rivada Space Networks pursuant to the Company’s previously announced contract with Rivada. The amount was for the completion of a program milestone. As a result, Rivada is current on all outstanding invoices. The Company expects to receive additional milestone payments in 2024 and continues to expect to meet its delivery obligations under the Rivada Contract on schedule in 2025 and 2026.
Lockheed Martin Technology Demonstration To Showcase Faster On-Orbit Sensor Calibration
Lockheed Martin will soon launch a unique wideband Electronically Steerable Antenna payload demonstrator to show the company’s investment in advanced technology to perform missions faster once on orbit. The ESA payload is built on a novel, scalable design, using highly reliable commercial parts for quick, mass-producibility. For this demonstration, it was integrated on a Terran Orbital Nebula small satellite bus.
Terran Orbital Named 2023 Winner in the BIG Award for Business
Terran Orbital Corporation a global leader in satellite-based solutions primarily serving the aerospace and defense industries, received the Business Intelligence Group’s BIG Award for Business and was named Small Business of the Year. The organization’s annual program was advertised as the “Small Business of the Year” program and rewards companies, products, and people that are leading their respective industries.
Terran Orbital Celebrates CAPSTONE Spacecraft’s One Year in Near Rectilinear Halo Orbit
Terran Orbital Corporation celebrates the one-year milestone of the CAPSTONE mission in a lunar Near Rectilinear Halo Orbit (NRHO). CAPSTONE, designed, built, and integrated by Terran Orbital and owned by Advanced Space, has demonstrated significant achievements during its mission.
Terran Orbital to Present at Sidoti Micro-Cap Virtual Investor Conference
Terran Orbital Corporation announced that Terran Orbital’s Co-Founder, Chairman, and Chief Executive Officer Marc Bell will present at the Sidoti Micro-Cap Virtual Investor Conference.
Terran Orbital Releases Enhanced Versions of Enterprise Bus
Terran Orbital Corporation announced two additional configurations of its largest platform offered in the standard product line the Company initially announced in September: Enterprise. The Enterprise-class bus is the point of departure for flat packing requirements carrying up to 24 satellites per launch. It is optimal for large constellations and comes in three standard, yet configurable, configurations: A, B, and C.
