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Terran Orbital

Terran Orbital selected by USSF for $237 million STEP 2.0 smallsat buses contract

May 4, 2025

Terran Orbital Corporation 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, […]

Filed Under: Agencies, Department of Defense (DoD), Government, IDIQ, LEO, Lockheed Martin, Low Earth Orbit (LEO), Military, SmallSat, SmallSat Builds, Smallsat Bus, Smallsat Contract, SmallSat Design, Smallsat Development, Smallsat Modeling, SmallSat Technologies, smallsats, Space Test Experiments Platform (STEP) (SSC), Space Test Program, Terran Orbital, U.S. Department of Defense, United States Space Force (USSF), United States Space Systems Command Tagged With: Featured

Class Action against Terran Orbital updated

February 25, 2025

Satellite manufacturer Terran Orbital, now owned by Lockheed Martin, is facing a Class Action brought by law firm Levi & Korsinsky (and others) and recently an amended complaint was filed […]

Filed Under: Bankruptcy, Chief Executive Officer (CEO), Customer Contracts, Financial Outlook, Investors, Lockheed Martin, Revenue, Satellites, Terran Orbital

Peter Krauss leading Terran Orbital to drive the firm’s new era of innovation and growth

January 2, 2025

As Terran Orbital looks ahead to 2025, the company’s new Chief Executive Officer — Peter Krauss— is focused on leveraging the company’s proven track record to drive innovation, enhancing its […]

Filed Under: Appointments, Business Moves, Chief Executive Officer (CEO), LEO, Lockheed Martin, SmallSat, SmallSat Builds, SmallSat Design, Smallsat Development, Smallsat Fleet, Smallsat Form Factors, Smallsat Markets, smallsats, Terran Orbital Tagged With: smallsat

Forrester’s Digest: Rivada: ‘SpaceX contracts still in place’

November 21, 2024

It was previously reported that would-be satellite operator Rivada Space Networks might have lost its important launch contracts with SpaceX. That is not the case says Rivada. A Rivada spokesman […]

Filed Under: Business Moves, Constellation, Constellation Management Platform, Contracts, Forrester, Chris, Forrester's Digest, International Telecommunication Union (ITU), Launch, Rivada Space Networks, Satellite Fleet, Smallsat Fleet, SpaceX, Terran Orbital

Forrester’s Digest: Lockheed Martin wraps Terran Orbital purchase

October 31, 2024

Lockheed Martin (LM) has completed its purchase of satellite builder Terran Orbital. “The addition of Terran Orbital’s spirit of entrepreneurship to the scale of Lockheed Martin means there is a […]

Filed Under: Civil, Commercialization, Forrester, Chris, Forrester's Digest, Hosted Payload Services, Italy, Lockheed Martin, President, Purchase, Terran Orbital

Rivada insists “deadlines will be met”

October 2, 2024

Rivada Space Networks is insisting that despite some negative media stories, it remains firmly on track to meet its build and launch obligations for its 300 satellite mega-constellation. Brian Carney, […]

Filed Under: Business Moves, Financial Report, Germany, Lockheed Martin, Milestone, OHB System AG, Regulatory Approval, Rivada Outernet, Rivada Space Networks, Senior Vice President, Smallsat Constellation, smallsats, Terran Orbital

Terran Orbital’s Tyvak awarded million$$$ with a prototype agreement from SDA

August 20, 2024

Tyvak Nano-Satellite Systems, Inc. (a Terran Orbital Corporation) (NYSE: LLAP) has been selected by the Space Development Agency (SDA) to produce 10 satellites for the Tranche 2 Transport Layer (T2TL) […]

Filed Under: Agencies, Ambassador Platform (Terran Orbital), Constellation, Government Agencies, Launch and Early Operations (LEOPs), LEO, Military, Military Constellation, Military Constellations, Military Satellites, Military Smallsats, Military Space, National Defense, Proliferated Warfighter Space Architecture (PWSA), PWSA, PWSA Transport Layer, SmallSat, SmallSat Builds, Smallsat Calibration, Smallsat Communications, Smallsat Components, Smallsat Constellation, Smallsat Contract, Smallsat Deployment, SmallSat Design, Smallsat Development, Smallsat Fleet, Smallsat Form Factors, Smallsat Manufacturing, Smallsat Markets, Smallsat Modeling, Smallsat Payloads, Smallsat Propulsion, smallsats, Space Development Agency (SDA), Terran Orbital, Tyvak Nano-Satellite Systems

Lockheed Martin to acquire Terran Orbital

August 18, 2024

Lockheed Martin [NYSE: LMT] has signed a definitive agreement to acquire Terran Orbital [NYSE: LLAP], a provider of satellite-based solutions that primarily supporting the aerospace and defense industries. Terran Orbital […]

Filed Under: Acquisitions, Aerospace and Defense, Business Moves, Constellation, Constellations, LEO, Lockheed Martin, SmallSat, Smallsat Constellation, Smallsat Development, Smallsat Manufacturing, Smallsat Markets, smallsats, Space Development Agency (SDA), Terran Orbital, Transport & Tracking Layer Programs (SDA) Tagged With: Featured

Forrester’s Digest: Terran Orbital — Cash is tight

August 13, 2024

“As of July 31st 2024, the Company’s cash and cash equivalents balance was approximately $14.6 million which, without additional funding, will not be sufficient to meet its obligations within the […]

Filed Under: Constellation, Forrester, Forrester, Chris, Forrester's Digest, LEO, Lockheed Martin, News, Quarterly Trading Statement, Rivada Space Networks, SmallSat, smallsats, Terran Orbital

Terran Orbital’s new vehicle assembly facility receives Certificate of Occupancy

July 25, 2024

Terran Orbital Corporation (NYSE: LLAP) has received the certificate of occupancy for the firm’s previously announced, new assembly facility, located in Irvine, California. The facility spans 94,000 square feet and […]

Filed Under: Building, Business Moves, Constellation, LEO, SmallSat, smallsats, Terran Orbital

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