SpaceX launched several dozen payloads on its fifth dedicated rideshare mission May 25, illustrating the continued demand for such missions even as dedicated small launch vehicles emerge.
Terran Orbital executives told investors the company is heavily weighted toward government work and expects significant revenues from defense and intelligence contracts
The Air Force Research Laboratory Space Vehicles Directorate awarded an $8.4 million contract to Tyvak Nano-Satellite Systems for an experiment in very low Earth orbit projected to launch in 2024.
Terran Orbital, the parent company of Tyvak and PredaSAR, announced plans Oct. 28 to go public through a merger with a special-purpose acquisition company.
Terran Orbital announced an agreement with Space Florida to establish a manufacturing facility on Florida’s Merritt Island large enough to produce more than 1,000 satellites per year.
Terran Orbital, the parent company of Tyvak and PredaSAR, has acquired a new four-story facility in Irvine, California, to house satellite design, engineering and development.
Terran Orbital raised $36 million in a Series B round from investors, including Lockheed Martin, Beach Point Capital managed funds, Goldman Sachs, the company announced Aug. 6.