Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Aerospace

Terran Orbital's buses incorporated in 10 satellites in low earth orbit

Terran Orbital (NYSE:LLAP) told investors that 10 satellites incorporating its buses have been deployed in low earth orbit after launching from the Vandenberg Space Force Base in California on September 2, 2023.

The company said in a statement that the 10 form part of the Tranche 0 Transport Layer of the Space Development Agency’s (SDA) Proliferated Warfighter Space Architecture (PWSA). It manufactured the buses for Lockheed Martin (NYSE:LMT) for payload integration and delivery to the SDA.

This is the latest in a series of announcements from Terran Orbital (NYSE:LLAP) as it progresses with its goal to establish new benchmarks for satellite technology for the coming decade.

“It is a great honor to contribute to this important mission by delivering our 10 satellite buses to Lockheed Martin (NYSE:LMT),” Terran Orbital (NYSE:LLAP) co-founder, chairman and CEO Marc Bell

“We are thankful to Lockheed Martin for their collaboration and the opportunity to leverage our small satellite solution expertise and to support their missions.”

Terran Orbital, which manufactures satellite products mostly for the aerospace and defense industries, is currently producing 42 satellite buses for Lockheed Martin, which will deliver 42 Tranche 1 Transport Layer satellites for the SDA for launch in 2024.

Features of the satellites include optical communications links, Link-16 mission communications, a Ka-band RF communications payload, and a BMC3 module that enables on-orbit data processing.

Contact the author at stephen.gunnion@proactiveinvestors.com

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK