Terran Orbital Corp Stock Price, News & Analysis

Terran Orbital Corporation (NYSE: LLAP) has successfully delivered LunIR, a 6U satellite, to NASA’s Kennedy Space Center for the Artemis 1 mission. LunIR will collect lunar surface data and conduct technology demonstrations critical for deep-space operations. This satellite, developed in partnership with Lockheed Martin, aims to provide insights into lunar and Martian exploration. The mission's results may enhance NASA's plans for long-duration space missions.

Terran Orbital Corporation (NYSE: LLAP) will participate in the 2022 Space Warfighting Integration Forum on August 19 in Colorado Springs. The event, sponsored by the National Defense Industrial Association, aims to discuss space warfighting capabilities.

Roger Teague, President of Defense and Intelligence Systems at Terran Orbital, will present on the panel titled Going Fast: Opportunities and Challenges for Delivering Capabilities to the Warfighter. He will share the stage with leaders from Lockheed Martin, Stellar Solutions, and Aerospace's Defense Systems Group.

Terran Orbital Corporation (NYSE: LLAP) will participate in the Baird Newly Public Company Virtual Access Day on August 17, 2022. Company executives, including Co-Founder and CEO Marc Bell, will present at 1:10 p.m. ET. The event will be fully virtual, with one-on-one meetings scheduled throughout the day. Terran Orbital, a leader in small satellite manufacturing, primarily serves the United States and Allied aerospace and defense industries, offering comprehensive satellite solutions.

Terran Orbital Corporation (NYSE: LLAP) has been awarded the Mission of the Year for its CAPSTONE satellite, recognized at the Small Satellite Conference. CAPSTONE, developed in partnership with NASA, is pivotal to the Artemis program, testing a new lunar orbit that enhances spacecraft capability and reduces operational costs. This 55-pound spacecraft will complete its mission by validating innovative navigation technologies crucial for future lunar missions. It is set to reach the Moon on November 13, after achieving a significant milestone in orbit dynamics.

Terran Orbital Corporation (NYSE: LLAP) will participate in the Canaccord Genuity 42nd Annual Growth Conference on August 11 in Boston, MA. CFO Gary Hobart will present at 9:30 a.m. ET and conduct one-on-one meetings that day. The company is recognized for its end-to-end satellite solutions, supporting the U.S. and allied aerospace and defense sectors. For more, visit www.terranorbital.com.

Terran Orbital Corporation (NYSE: LLAP), a leader in satellite solutions, will present at the Jefferies Industrials Conference on August 10 at 1:00 p.m. ET in New York. CEO Marc Bell and CFO Gary Hobart will represent the company and conduct one-on-one meetings during the event. Terran Orbital specializes in small satellites, providing comprehensive solutions that include design, production, launch planning, and mission operations for the U.S. and allied defense sectors. More details can be found on their website.

Terran Orbital Corporation (NYSE: LLAP) reported a record revenue of $21.4 million for Q2 2022, marking a 127% increase year-over-year. Their backlog surged to $224.1 million, a 200% growth since December 2021. Despite a net loss of $32.3 million, improved operational highlights included delivery of satellites for NASA and Lockheed Martin. The company emphasized growth opportunities, citing a pipeline worth over $16 billion and plans to enhance manufacturing capacity with a new facility in Irvine, California, projected to open in fall 2022.

Terran Orbital Corporation (NYSE: LLAP) has successfully executed the TCM-2 burn for NASA's CAPSTONE satellite, confirming its trajectory towards the Moon. The burn took place in two parts on July 26 at 1:45 UTC. CAPSTONE is the first spacecraft to test a unique elliptical lunar orbit, enhancing stability for long-term missions. Launched on June 28, the satellite aims to reach a near rectilinear halo orbit (NRHO) by November 13, demonstrating critical commercial capabilities.

Terran Orbital Corporation (NYSE: LLAP) has announced a conference call to discuss its Q2 2022 results on August 9, 2022, at 9:00 a.m. ET. The call will feature CEO Marc Bell and CFO Gary Hobart, who will review the financial highlights for the quarter ending June 30, 2022. Interested participants can access the call through a provided phone number or register for a live webcast on the company’s investor relations website.