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) will present at the Jefferies Virtual Space Summit on April 12, 2022, at 4:00 p.m. ET. Marc Bell, Co-Founder and CEO, along with CFO Gary Hobart, will lead the presentation. The company is a key player in manufacturing small satellites, primarily catering to the U.S. aerospace and defense sectors. Terran Orbital offers comprehensive satellite solutions, including design, production, and mission operations. Furthermore, they are developing an advanced Earth Observation constellation for real-time imagery.
Terran Orbital Corporation (NYSE: LLAP) announced its participation at the Canaccord Genuity NewSpace Investor Summit on March 30, 2022. Co-Founder and CEO Marc Bell will be a panelist at 11:00 a.m. ET during the Military & Intelligence Remote Sensing Panel. The company specializes in providing satellite solutions for the aerospace and defense sectors, focusing on end-to-end services including design, production, and mission operations. Additionally, Terran Orbital is advancing a NextGen Earth Observation constellation for real-time earth imagery.
Terran Orbital Corporation has officially begun trading on the New York Stock Exchange under the ticker symbols LLAP for common stock and LLAP WS for warrants as of March 28, 2022. The company reported a revenue backlog exceeding $200 million, up from $68 million in September 2021. In full-year 2021, total revenues surpassed $40 million. Recent achievements include the expansion of manufacturing facilities and an employee growth of 300%. The CEO highlighted plans to build a large satellite manufacturing facility and capitalize on rising demand for small satellites.