Advanced Television

terran

Rivada: No hard news on funding

Rivada Space Networks issued a press release to coincide with Euroconsult’s Paris Space Business Week which said that it is “partnering” with Peraton, “a next-generation national security company and transformative enterprise IT provider” who will now work with Rivada once its planned 300 satellite constellation is in place. However, there was no news on whether […]

September 17, 2024

Terran Orbital in ‘non-compliance’ with NYSE

Boca Raton-based satellite builder, Terran Orbital, has received formal notification from the New York Stock Exchange that the company was in ‘non-compliance’ with its rules. The NYSE rules are that shares must stay above $1 in value. Terran’s share price is currently just 74 cents and for the past month it has been below $1. […]

June 24, 2024

Terran Orbital looking at strategic options

Terran Orbital has released its Q1 numbers, and reported that it has received a major order from Lockheed Martin for “18 space vehicles for the US Space Development Agency” – taking its Q2 portfolio of orders received to beyond $100 million. However, there has been no interim payment during the quarter-year from its major client, […]

May 15, 2024

Rivada visits Terran Orbital’s manufacturing HQ

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 […]

April 18, 2024

Terran Orbital is again Compliant

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 […]

April 4, 2024

Rivada: Where’s the money?

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 […]

March 24, 2024

Terran Orbital offers new Geo-satellite

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 […]

March 18, 2024By Chris Forrester

Terran Orbital wins Space Force contract

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 […]

March 7, 2024By Chris Forrester

Lockheed Martin makes offer for Terran Orbital

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 […]

March 4, 2024By Chris Forrester

Terran Orbital in “strong” position

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 […]

February 26, 2024By Chris Forrester