Brief: Terran Orbital Reports Full Year 2022 Financial Results
21/03/2023 10:05
March 21 (Reuters) - Terran Orbital Corp LLAP.N :
* TERRAN ORBITAL REPORTS FULL YEAR 2022 FINANCIAL RESULTS
AND
ANOTHER YEAR OF RECORD REVENUES
* EXPECTS TO BEGIN DELIVERY OF 42 SATELLITE BUSES FOR SPACE
DEVELOPMENT AGENCY'S TRANCHE 1 TRANSPORT LAYER
* ANTICIPATES THAT IT WILL COMMENCE DEVELOPMENT WORK FOR
RIVADA
SPACE NETWORKS CONSTELLATION IN 2023
* TOTAL REVENUE FOR Q4 OF 2022 WAS $31.9 MILLION, UP 197%
COMPARED
TO $10.7 MILLION FOR SAME PERIOD IN PRIOR YEAR
* ANNOUNCING ADDITIONAL IRVINE EXPANSION TO BE ONLINE AS
SOON AS
2024
Source text for Eikon: ID:nBw6gs5MJa
Further company coverage: LLAP.N
((Reuters.Briefs@thomsonreuters.com;))
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