Terran Orbital receives three-sat order from Lockheed ahead of public listing

by | Mar 1, 2022 | Finance, Military space, Satellites, Seradata News

Lockheed Martin contracted with Terran Orbital to provide it with three microsatellites “in support of product demonstration” on 17 February. Terran Orbital is to be responsible for providing the satellites, launch procurement, integration and operations. Further details about the satellites were not released including, expected launch window, and contract value. 

This contract award – Lockheed Martin is an investor in Terran Orbital – plays into Terran’s future plans, shifting its business towards satellites in the 100-500 kg range. This is away from the CubeSat-class of spacecraft that has fuelled the growth of its manufacturing subsidiary Tyvak Nano-Satellite Systems Inc since its inception. 

Public Listing

In October 2021 Terran Orbital revealed that it too intended to go public through a SPAC merger. This deal now looks close to completion as the SPAC company (Tailwind Two Acquisition Corp) is preparing for a shareholder vote to approve the merger on 22 March. 

About Seradata

Seradata produce the renowned Seradata database. Trusted by over 100 of the world’s leading Space organisations, Seradata is a fully queryable database used for market analysis, failure/risk assessment, spectrum analysis and space situational awareness (SSA).

For more information go to https://www.seradata.com/product/

Related Articles

Categories

Archives

Tags

nasaspacexecoreviewsissesaArianespacevideochina25virgin galacticFalcon 9v1.2FT Block 5falcon 9ULARoscosmosevaDGAspacewalkaviation weekaressoyuzIGTInternational Space StationBeidouawardsspaceRocket LabStarlinkBlue OriginSatellite broadcastingrussiamoonAirbus DSboeingISROCargo Return VehiclemarsblogresearchOneWebspaceshiptwoorionjaxaimpacthyperboladelaymarsEutelsatdemocratrocketlunarhypertextobamagoogle lunar prizelaunchVegabarack obamaconstellationSEStourismnorthfiguresthales alenia spacespaceflightnode 2fundedRaymond LygoIntelsat2009Lockheed MartinExpress MD-2Elon MuskAtlas Vromess2dassault aviationaviationLucy2008wk2sstlukradiomissilesuborbitaldocking portexplorationAriane 5 ECAVirgin OrbittestinternetChina Manned Space EngineeringAriane 5Northrop GrummanSLSLong March 2D/2sts-122Electronflightspace tourism2010cotsnewspapermissile defensegalileospaceportExpress AMU 1Long March 4Cbuildspace stationaltairsoyuz 2-1aProton Minternational astronautical congressshuttleEuropean Space AgencyLauncherOneCosmosIntelsat 23scaled compositeshanleybudgetspace shuttlerulesnew yorkAriane 6shenzhouatvVietnamcongressMojaveboldenLong March 2COrbital ATKnew shepardInmarsatGuiana Space Centeriaccneslunar landerksclawsSpace Systems/LoralUK Space AgencyLong March 4BILSUS Air ForceprotonTalulah RileyApollodarpaFalcon 9v1.2 Block 5Kuaizhou 1AVega CSkylonAstriumeupicturebaseusaastronautdragonlanderfiveeventTelesatNorth KoreaSSLElectron KSAprilSNC50thinterviewfalconSea LaunchLong MarchWednesdaycustomerlinkatlantissuccessor