Press Release

Terran Orbital Strategic Review is Ongoing

BOCA RATON, Fla.–(BUSINESS WIRE)–Terran Orbital Corporation (NYSE: LLAP) (โ€œTerran Orbitalโ€ or the โ€œCompanyโ€), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, confirms its ongoing strategic review to maximize shareholder value. The review allows us to explore all options.


We value Lockheed Martinโ€™s partnership and look forward to continued collaboration under our Strategic Cooperation Agreement which runs through 2035. We remain committed to exceeding customer expectations and delivering cutting-edge satellite solutions.

About Terran Orbital

Terran Orbital is a leading manufacturer of satellite products primarily serving the aerospace and defense industries. Terran Orbital provides end-to-end satellite solutions by combining satellite design, production, launch planning, mission operations, and on-orbit support to meet the needs of the most demanding military, civil, and commercial customers. Learn more at www.terranorbital.com.

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