Terran Orbital

company

About

Terran Orbital is a manufacturer of small satellites primarily serving the United States and Allied aerospace and defense industries.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$100M
Industries
Aerospace,Machinery Manufacturing,Manufacturing,Satellite Communication
Founded date
Jan 1, 2013
Number Of Employee
101 - 250
Operating Status
Active
Stock Symbol
nyse:LLAP
Legal Name
Terran Orbital Corporation.

Terran Orbital are the leading innovators and providers of picosatellites, cubesats, and nanosatellites. They provide cost-effective end-to-end new space aerospace solutions for enterprises, universities, and government agencies. Their business is comprised of three operating groups that create their various lines of business.

Research, Development, and Manufacturing (RDM) – They have over ten years’ experience and some of the best minds in the nanosatellite industry. They provide R&D consulting services and manufacturing for many government agencies, such as NASA, DARPA, JPL and military organizations such as the DOD, NRL, and NRO.

Launch Services – They bridge Earth to Space for those seeking to launch pico and nanosatellites.

Data Network & Subscriber Services – They are building a global constellation of best-in-class nanosatellites that will form an unprecedented data infrastructure in space. They expect their network will match or exceed the bandwidth carrying capacity of existing full-sized data satellites at half the cost to subscribers. They will add functionality, capacity, and software applications to their infrastructure on a continuous basis, leveraging it as a foundation for scalable growth in both their company and the space industry as a whole.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$714.14M
Terran Orbital has raised a total of $714.14M in funding over 2 rounds. Their latest funding was raised on Oct 31, 2022 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 31, 2022 Post-IPO Equity $100M 1 Lockheed Martin Detail
Mar 28, 2022 Post-IPO Equity $50.80M 5 Detail
Mar 28, 2022 Post-IPO Debt $175.30M 3 Detail
Mar 28, 2022 IPO $345M Detail
Aug 6, 2018 Series B $36.04M 3 Detail

Investors

Number of Lead Investors
Number of Investors
2
8
Terran Orbital is funded by 8 investors. Lockheed Martin and AE Industrial Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Lockheed Martin Yes Post-IPO Equity
AE Industrial Partners Post-IPO Equity
Beach Point Capital Management Post-IPO Equity
Daniel Staton Post-IPO Equity
Fuel Venture Capital Post-IPO Equity
Francisco Partners Post-IPO Debt
Goldman Sachs Series B
Lockheed Martin Ventures Series B

Employee Profiles

Number of Employee Profiles
5
Terran Orbital has 5 current employee profiles, including Executive Anthony Previte
Executive
Executive
Executive
Executive
Executive