Advanced Television

Terran Orbital

Terran Orbital under financial pressure

Florida-based Terran Orbital is having a tough time. Following on from its May 15th quarterly report its share price dropped by almost 18 per cent, not helped by concerns that a major client might also be suffering a cash squeeze. May 16th saw a modest recovery of 1.6 per cent in its share price. Terran […]

May 17, 2023

Terran Orbital extends sat production facility

Terran Orbital, which recently won a 300 satellite order, worth $2.4 billion (€2.2bn) from Rivada Space Networks, says it is extending its satellite manufacturing facility at its Southern California factory. The order has an option for a second batch of 300 extra satellites. Marc Bell, CEO of Terran Orbital, said it would lease an additional […]

March 23, 2023By Chris Forrester