IRVINE, Calif. – July 1, 2025 – CAPSTONE™ (Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment), owned and operated by Advanced Space, proudly celebrates its three-year anniversary. Serving as […]

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IRVINE, Calif. – June 26, 2025 – Terran Orbital Corporation, a leading manufacturer of satellite products for the aerospace and defense industry, is proud to announce the adoption of a […]

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SDA is advancing the first major satellite acquisition since the removal of its former director Derek Tournear.

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The $450 million acquisition caps a years-long relationship since Lockheed Martin Ventures’ initial investment in 2017

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Rivada Space Networks CEO Declan Ganley said Sept. 17 the sale of satellite supplier Terran Orbital to Lockheed Martin is a “real confidence builder” for the operator’s investors, while remaining guarded about financing the multi-billion-dollar constellation.

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The contracts worth $424 million were awarded by the Space Development Agency for 20 satellites for relay and tactical communications

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Lockheed Martin is buying smallsat manufacturer Terran Orbital, months after the company dropped earlier plans for an acquisition.

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Terran Orbital has removed the broadband constellation it is developing for Rivada Space Networks from the backlog of revenues in its accounts, even though the manufacturer still expects to get $2.4 billion from their contract.

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Terran Orbital took a $13 million charge in its first quarter that the company blamed on problems with a supplier to deliver propulsion systems for a Space Development Agency program.

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Terran Orbital reassuring investors that the partnership remains strong after Lockheed Martin withdrew bid to acquire the satellite manufacturer

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Lockheed Martin has abandoned plans to acquire the portion of satellite manufacturer Terran Orbital it does not own for more than $500 million.

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Terran Orbital reported higher revenues but a significant loss in 2023 as it continues to evaluate options after a takeover bid from Lockheed Martin.

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Soaring demand for backup connectivity after subsea cables were cut in the Red Sea is helping push Rivada Space Networks closer to fully financing its $2.4 billion constellation plans, according to CEO Declan Ganley.

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President of Lockheed Martin Space Robert Lightfoot: ‘We're looking for strategic partners’

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The company says the geosynchronous market is moving more towards small satellites

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The contract was awarded by Axient, a company that manages satellite experiments for the Air Force Research Laboratory

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Lockheed Martin has proposed acquiring smallsat manufacturer Terran Orbital, which it already owns a stake in and does business with, for more than $500 million.

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The company has a backlog of 100 smallsats for defense and intelligence agencies

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Terran Orbital told investors Jan. 2 it has received a past-due payment for the 300 satellites it is building for Rivada Space Networks, but it is unclear whether this covered the full $180 million it expected by the end of 2023 as future installments for the $2.4 billion project are kept under wraps.

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Terran Orbital chair and CEO Marc Bell said the satellite maker is lowering 2023 revenue guidance following payment delays from Rivada Space, even though the company’s largest customer still expects to pay $180 million later this year under their $2.4 billion constellation contract.

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Terran Orbital will address shareholder concerns about its growth prospects in a virtual town hall event Oct. 26 during what is usually a quiet period for a public company just weeks away from announcing earnings.

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Lockheed Martin to date has won orders for 88 satellites from the Space Development Agency

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Terran Orbital (NYSE: LLAP) ), a leading manufacturer of satellite products primarily serving the aerospace and defense industries, today announced that 10 satellites incorporating Terran Orbital buses have been deployed […]

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Terran Orbital (NYSE: LLAP) today announced the official opening of a new 60,000-square-foot satellite manufacturing space adding to its existing manufacturing capability. With this previously announced addition, the total size […]

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