Welcome to our dedicated page for Terran Orbital news (Ticker: LLAP), a resource for investors and traders seeking the latest updates and insights on Terran Orbital stock.
Terran Orbital Corporation (NYSE: LLAP) generates frequent news as a manufacturer of satellite products and satellite-based solutions for the aerospace and defense industries. Company and subsidiary announcements cover contract awards, launch milestones, facility expansions, capital markets activity, and major corporate developments involving partners such as the U.S. Space Development Agency, NASA, the European Space Agency, the Italian Space Agency, and Lockheed Martin.
News items highlight Terran Orbital’s role in the Space Development Agency’s Proliferated Warfighter Space Architecture, where Terran Orbital and Tyvak Nano-Satellite Systems provide satellite buses and complete satellites for multiple tranches of the Transport Layer and Tracking Layer. Updates often describe design and production progress, delivery of satellite buses, and launch schedules for low Earth orbit constellations that support secure communications, data transport, and missile-tracking capabilities.
Subsidiary Tyvak International SRL features in European-focused coverage, including milestones for missions such as IPERDRONE.0 for the Italian Space Agency and the Milani nanosatellite for ESA’s Hera planetary defense mission. These stories describe successful launches, qualification and acceptance reviews, and preparations for deep-space operations and asteroid inspection.
Additional LLAP news includes announcements about NASA Pathfinder Technology Demonstrator missions using Terran Orbital’s Triumph spacecraft bus, recognition such as the Greater Irvine Chamber’s “Best Business of the Year” award, and updates on new manufacturing facilities that expand space vehicle assembly capacity. Capital-related disclosures, such as the launch of an at-the-market offering program, and corporate developments like Lockheed Martin’s definitive agreement to acquire Terran Orbital, also appear in the news flow.
Investors and followers of LLAP can use this news page to review historical and ongoing updates on contracts, launches, facilities, financing programs, and strategic transactions that shape Terran Orbital’s role in satellite manufacturing and space missions.
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.
Terran Orbital Corporation (NYSE: LLAP) has announced the successful commissioning of the CENTAURI-5 payload, enhancing connectivity for Machine to Machine (M2M) and Internet of Things (IoT) applications. Designed by Tyvak International, this 6U microsatellite significantly improves data capacity by 2.6 times and features innovative 3D printed antennas. With CENTAURI-5, Terran Orbital aims to support global connectivity, especially in energy and utilities sectors. The collaboration with Fleet Space Technologies underscores their commitment to advancing satellite solutions.
Terran Orbital Corporation (NYSE: LLAP) has successfully acquired the first signal from the Terabyte Infrared Delivery (TBIRD) Lasercom Optical Link on NASA’s Pathfinder Technology Demonstrator 3 (PTD-3) satellite. This achievement signifies successful laser communication signal exchange between the spacecraft and ground terminal, advancing PTD-3 towards full payload commissioning. The TBIRD payload can potentially revolutionize satellite communications with a groundbreaking data transmission rate of 200 Gbps, significantly enhancing data downlink capabilities for Earth observation and radar industries.
Terran Orbital Corporation (NYSE: LLAP) announced the successful completion of CAPSTONE's second TCM burn, critical for NASA's Artemis program. This maneuver showcased the spacecraft’s ability to perform small, precise operations in a Near Rectilinear Halo Orbit (NRHO). The TCM burn occurred on July 12, lasted 53 seconds, and improved apogee to 1.48 million km. CAPSTONE is set to reach NRHO around the Moon on November 13. CEO Marc Bell emphasized the team's role in guiding the mission toward success.
Terran Orbital Corporation (NYSE: LLAP) successfully completed CAPSTONE’s second TCM burn, demonstrating its capability for precise maneuvers in a Near Rectilinear Halo Orbit (NRHO). The maneuver refined launch dispersions and occurred on
Terran Orbital Corporation (NYSE: LLAP) has appointed Jonathan Siegmann as Senior Vice President of Corporate Development, overseeing investor relations, M&A, and venture initiatives. Siegmann joins from Fidelity, where he specialized in Aerospace and Defense sector coverage. CEO Marc Bell expressed optimism about Siegmann's contributions to executing the company's investment and capital market strategy. Siegmann holds a BS from Rensselaer Polytechnic Institute and an MBA from NYU's Stern School of Business, and he is a Chartered Financial Analyst.
Terran Orbital Corporation (NYSE: LLAP) announced the successful completion of CAPSTONE's first trajectory correction maneuver (TCM-1), essential for its mission supporting NASA's Artemis program. The maneuver achieved a velocity of approximately 19.85 m/s, deviating just 0.75% from the target. This positions the spacecraft to reach a trajectory that takes it about 1.4 million km from Earth, with a target orbit around the Moon set for November 13. This milestone highlights Terran Orbital's commitment to innovation and mission success.
Terran Orbital Corporation (NYSE: LLAP) has successfully deployed the CAPSTONE spacecraft into a Lunar Transfer Orbit as part of NASA’s Artemis program. Designed by Terran Orbital, CAPSTONE will validate navigation technologies and orbital dynamics for future lunar missions. Following its launch from New Zealand, CAPSTONE's mission operations are set to commence, aiming for a Near Rectilinear Halo Orbit by November 13. The mission emphasizes collaboration among industry partners to advance small spacecraft capabilities in space exploration.
Terran Orbital Corporation (NYSE: LLAP) announced that its Pathfinder Technology Demonstrator 3 (PTD-3) satellite successfully completed bus commissioning shortly after reaching orbit. This satellite, designed for NASA missions, aims to test novel small satellite technologies in low-Earth orbit. The PTD-3 carries the TeraByte InfraRed Delivery payload, which will enhance data transfer capabilities significantly. The satellite is expected to facilitate advanced space exploration by delivering multiple terabytes of data daily to a single ground station.