Brief: Terran Orbital Wins $2.4 Billion Contract To Build Satellites For Rivada Space Networks
22/02/2023 11:36
Feb 22 (Reuters) - Terran Orbital Corp LLAP.N :
* TERRAN ORBITAL WINS $2.4 BILLION CONTRACT TO BUILD 300
SATELLITES FOR RIVADA SPACE NETWORKS
* TERRAN ORBITAL CORP - HAS BEEN AWARDED A $2.4 BILLION
CONTRACT
TO DESIGN, BUILD, AND DEPLOY 288 LOW-EARTH ORBIT SATELLITES FOR
RIVADA SPACE NETWORKS
* TERRAN ORBITAL CORP - AS PART OF CONTRACT, TERRAN ORBITAL
WILL
ALSO DEVELOP 12 "SPARE" SATELLITES TO PRODUCE A TOTAL OF 300
SPACECRAFT
* TERRAN ORBITAL - THROUGH UNIT TYVAK, WILL ACT AS PRIME
CONTRACTOR TO DESIGN AND MANUFACTURE ABOUT 500 KG SATELLITES,
INTEGRATE COMMUNICATION PAYLOAD
* TERRAN ORBITAL - THROUGH UNIT TYVAK, WILL ACT AS PRIME
CONTRACTOR TO PERFORM FINAL SATELLITE ASSEMBLY, INTEGRATION, AND
TEST
Source text for Eikon: ID:nBw7lQmCZa
Further company coverage: LLAP.N
((Reuters.Briefs@thomsonreuters.com;))
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