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Terran Orbital tallies milestone payment from Rivada

Payment is part of $2.4B contract to build 300 satellites

Madeline DurrettbyMadeline Durrett
April 28, 2023
in Investments, News
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Small satellite manufacturer Terran Orbital has received a milestone payment from Rivada Space Networks as part of a $2.4 billion contract awarded in February to build and deploy 300 satellites for Rivada’s new constellation of low Earth orbit satellites through Terran’s subsidiary, Tyvak. The amount of the payment was not disclosed, but Brian Carney, senior […]

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Tags: PremiumRivada Space NetworksStifelTerran OrbitalTyvak
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