![]() ![]() The annual TIME100 Most Influential Companies list, published online and on newsstands now, is in Time magazine's July 3 issue. In a Q1 earnings report, Terran Orbital also recently announced an $87 million 16-satellite order from a new customer and a work backlog worth more than $2.5 billion, a 1,300% increase since December 31. And Lockheed Martin has tasked Terran Orbital with building 42 satellites supporting the federal Space Development Agency's Transport Layer Tranche 1, which is part of the Proliferated Warfighter Space Architecture. ![]() Rivada Space Networks recently committed $2.4 billion to Terran Orbital to build 300 satellites. ![]() Via Satellite magazine named Terran Orbital among the "Top 10 Hottest Satellite Companies for 2022" for "major, continuing growth" and aspirations to become "the manufacturer of choice for commercial and government smallsat missions." Terran Orbital is currently working on 30-plus programs and is currently manufacturing more than 360 satellites. In recent years, Terran Orbital has grown its Irvine operations to include its 15330 Barranca Parkway and 50 Technology Drive facilities and offices at 400 Spectrum Center Drive. Terran Orbital broke ground in May on a state-of-the-art 94,000-square-foot satellite manufacturing facility in Irvine, California. CAPSTONE is playing a critical role in facilitating NASA's historic Artemis program, which seeks to return astronauts to the lunar surface, by verifying the calculated orbital stability for the Lunar Gateway space station. Terran Orbital worked in cooperation with NASA and Advanced Space on the groundbreaking mission involving a 55-pound lunar orbiter. Recent accomplishments include developing and co-operating the Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment (CAPSTONE). Time's recognition comes as Terran Orbital marks its 10th anniversary and a string of successes serving the aerospace and defense industries. "Terran Orbital is honored to join the ranks of a TIME100 Most Influential Companies list that has included the likes of Apple, Amazon, Google-parent Alphabet, Disney, Microsoft, Moderna, Ford, and the NFL." "Terran Orbital is thrilled Time magazine is recognizing us for producing cost-effective, cutting-edge satellites in an influential companies list that includes pioneers, industry leaders, innovators, disruptors, and tech titans from around the globe," said Marc Bell, Terran Orbital's chairman, CEO and co-founder. The magazine solicited company nominations from outside experts and the magazine's global network of contributors and correspondents to spotlight "a diverse group of 100 businesses helping chart an essential path forward" for humanity. Time recognized companies based on their "impact, innovation, ambition, and success," with Terran Orbital spotlighted for its design, production, launch planning, mission operations, and in-orbit support for military, civil, and commercial satellite customers. BOCA RATON, Fla.-( BUSINESS WIRE)-Time magazine on Wednesday named Terran Orbital (NYSE: LLAP) to the TIME100 Most Influential Companies list, honoring the satellite manufacturer and services provider and other firms for their "extraordinary impact around the world." ![]()
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