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 Corp reports developments in small-satellite manufacturing and end-to-end mission services for government, defense, civil and commercial aerospace customers. Company news centers on satellite bus platforms, spacecraft design and production, launch planning, mission operations and on-orbit support.
Recurring updates include Space Development Agency transport-layer work, Lockheed Martin program deliveries, Tyvak nano- and microsatellite activity, NASA Pathfinder Technology Demonstrator spacecraft, Italian Space Agency IPERDRONE missions, manufacturing capacity and capital actions such as equity offering programs.
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Terran Orbital Corporation (NYSE: LLAP) announced the receipt of a milestone payment as part of its $2.4 billion contract with Rivada Space Networks for the development of 300 spacecraft. These will include 288 operational low-Earth orbit satellites and 12 spares, each weighing approximately 500 kg. The completion of industrial partner screening and trade studies marks a significant advancement in the acquisition process, which will support system engineering. The project encompasses designing, building, and deploying the satellites, alongside integrating communications payloads and conducting final assembly and testing. A demonstrator mission is set for launch by the end of 2024, featuring four satellites to test new communication technologies. Rivada's CEO expressed enthusiasm about progressing with Terran Orbital and its industrial partners for the constellation project.
Terran Orbital Corporation (NYSE: LLAP), a leader in satellite-based solutions for aerospace and defense, announced that Scott Bennett, Vice President of Business Development and Strategic Partnerships, will present at the Arizona Space Summit on April 6 at 12:00 p.m. PT. Bennett will participate in the Manufacturing Panel moderated by Dr. Binil Starly from Arizona State University. The summit will also feature keynotes from Ambassador Barbara Barrett and Lt. Col Justin Chandler. Additionally, Terran Orbital will support a Space Career Fair on April 5, promoting recruitment among students.