Declan Ganley, CEO of Rivada Space, visited Terran Orbital’s brand-new production site at Irvine, California on April 17th and held a Town Hall meeting of the two companies’ staff. The visit was far from routine and was a clear indication of Rivada’s importance to Terran’s financial future. Ganley was inspecting what will be the main […]

Terran Orbital, which has a very healthy order book for smaller satellites (including 300 for Rivada Networks), is again “compliant” as far as the New York Stock Exchange (NYSE) is concerned. It means that its shares have been traded at above $1 per share since late-February. NYSE rules state that shares priced below $1 cannot […]

Rivada Space Networks is in the process of building the first batch of 300 low Earth orbiting satellites. Terran Orbital is building the satellites for Rivada, and there is an option for a further 300 satellites. But there are anxieties over how the fleet is being paid for. Rivada’s obligations are considerable: They are contracted […]

Terran Orbital is using the Washington DC 2024 Satellite show to debut its latest craft, a next-generation ‘SmallSat’ which aims to provide higher network performance in the sat-coms market but on a much smaller scale which is cheaper to build and launch. Terran Orbital says the very much smaller (than usual) satellite will be adaptable […]

Boca Raton-based Terran Orbital says it has been awarded a $15.2 million (€13.9m) contract to supply its Ambassador Class satellite platforms complete with solar arrays and support equipment to the US Air Force Research Laboratory AFRL. The contract, managed through Axient Corp, will integrate payloads onto these space vehicle platforms to support specific US Space […]

Boca Raton-based Terran Orbital builds small-to-midsized satellites. Its order book includes 300 satellites for Rivada Networks, it has contracts in place with the European Space Agency (ESA) and NASA’s Space development Agency. In 2023 it introduced a range of seven standardised satellite options for clients wanting a speedy solution for nano, micro, mini and small […]

Boca Raton satellite manufacturer Terran Orbital, in a company update, says that the company is a very strong position. Terran’s CEO, Marc Bell, commented: “The demand signals from our market remain strong. The company is engaged in over 80 near-term opportunities relating to more than 2,800 satellite buses for 40 different customers. Stepping back to […]

Some weeks ago a group of shareholders in satellite builder Terran Orbital were complaining about the company’s financial performance and suggestions that Marc Bell, Terran’s CEO should be replaced. A statement from Terran says that it has entered into an agreement with the investor group comprised of Sophis Investments, Sophis GP, Tassos Recachinas, Roark’s Drift, […]

Anxieties over Germany-based Rivada Space’s ability to pay certain milestone payments to satellite builder Terran Orbital have created serious headaches for Terran. A statement from Terrain on January 2nd said that “Rivada is up to date on invoices” for its order of 300 satellites. The news went down very well on the New York Stock […]

Satellite builder Terran Orbital, already under considerable pressure from the NYSE because of its low share price, issued a statement (on a Form 8-K) to the SEC on December 11th which formally notifies shareholders that it is conducting a “formal strategic review” of its business. Reports suggest that Terran is seeking a buyer or partner […]