Orbital

Terran Orbital Wins $2.4 Billion Contract to Build 300 Satellites for Rivada Space Networks

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Mercredi, février 22, 2023

Terran Orbital Corporation (NYSE: LLAP ), (“Terran Orbital” or “the Company”), a global leader in satellite-based solutions, today announced its wholly-owned subsidiary, Tyvak Nano-Satellite Systems, Inc. (“Tyvak”), has been awarded a $2.4 billion contract to design, build, and deploy 288 low-earth orbit satellites for Rivada Space Networks.

Key Points: 
  • Terran Orbital Corporation (NYSE: LLAP ), (“Terran Orbital” or “the Company”), a global leader in satellite-based solutions, today announced its wholly-owned subsidiary, Tyvak Nano-Satellite Systems, Inc. (“Tyvak”), has been awarded a $2.4 billion contract to design, build, and deploy 288 low-earth orbit satellites for Rivada Space Networks.
  • As part of the contract, Terran Orbital will also develop 12 “spare” satellites to produce a total of 300 spacecraft.
  • View the full release here: https://www.businesswire.com/news/home/20230221005952/en/
    Terran Orbital Wins $2.4 Billion Contract to Build 300 Satellites for Rivada Space Networks (Image Credit: Rivada Space Networks)
    Rivada Space Networks is a wholly-owned subsidiary of Rivada Networks, Inc., a U.S.-based wireless technology company focused on open-access wholesale and the convergence of terrestrial and satellite communications.
  • “Terran Orbital is thrilled to form this new partnership with Rivada Space Networks,” said Marc Bell, Co-Founder, Chairman, and Chief Executive Officer of Terran Orbital.

Rivada Space Networks Signs Manufacturing Contract For Unique Data Connectivity Satellite Constellations in Low Earth Orbit (LEO)

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Mercredi, février 22, 2023

MUNICH, Feb. 22, 2023 /PRNewswire/ -- Rivada Space Networks GmbH (RSN), a wholly owned subsidiary of U.S.-based Rivada Networks, Inc., has engaged Terran Orbital's wholly owned subsidiary Tyvak Nano-Satellite Systems, Inc. to manufacture 300 low-earth-orbit (LEO) satellites for Rivada's innovative "network in the sky."

Key Points: 
  • RSN's space-based data network is transformative—it will provide fiber-like low latency and gigabit per second data delivery which is ultra-secure and extremely resilient.
  • RSN will offer access to a secure satellite network with pole-to-pole reach, offering end-to-end latencies similar to or better than terrestrial fiber.
  • Clemens Kaiser, Rivada Space Networks Chief Program Officer, said: "We are delighted that today we have completed another major milestone in the development of our unique constellations to enable secure, global connectivity for governments and enterprises."
  • "We are thrilled to start this new chapter with Rivada Space Networks," said Terran Orbital Co-Founder, Chairman, and Chief Executive Officer Marc Bell.

Orbital Insight Expands Global Customer Base With Rollout of Recently Launched TerraScope Platform

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Lundi, février 13, 2023

Orbital Insight , the leader in geospatial intelligence, today announced it has secured new global customer agreements including new customer wins and expansions leveraging the company’s recently released geospatial analytics platform, TerraScope - the only self-serve multi-sensor analytics platform in the world that blends computer vision and geolocation sensor data to detect changes, monitor activity, and discover patterns of life at any location on Earth.

Key Points: 
  • Orbital Insight , the leader in geospatial intelligence, today announced it has secured new global customer agreements including new customer wins and expansions leveraging the company’s recently released geospatial analytics platform, TerraScope - the only self-serve multi-sensor analytics platform in the world that blends computer vision and geolocation sensor data to detect changes, monitor activity, and discover patterns of life at any location on Earth.
  • Since releasing TerraScope in Q4 2022, Orbital Insight has secured several key clients across the globe, including multinational brand names in the Energy, Industrial Materials, and Information Services sectors in North America, and the Semiconductors, Telecommunications, and Financial Services sectors across Asia.
  • TerraScope is the next generation platform evolved from Orbital Insight’s industry-leading GO Platform with even easier-to-use multi-sensor data fusion, a library of pre-defined analysis for single-click insights, and massive scalability for analysis on millions of areas of interest (AOI) to operate globally.
  • We are encouraged by strong customer demand for TerraScope, which continues to generate new investor interest in our company.”

Special Aerospace Services Welcomes Dan Merenda to Lead SAS Flight Factory

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Lundi, février 20, 2023

BOULDER, Colo., Feb. 20, 2023 /PRNewswire/ -- Special Aerospace Services, the global leader in spaceflight engineering and hardware solutions for the aerospace industry, today named Dan Merenda as the company's executive director for its wholly-owned subsidiary, SAS Flight Factory. In this role, Merenda will draw on his extensive expertise in aerospace engineering and operations to lead all aspects of hardware manufacturing for SAS Flight Factory. He will also serve on the company's executive team and will report to Special Aerospace Services' President and Chief Executive Officer Heather Bulk.

Key Points: 
  • BOULDER, Colo., Feb. 20, 2023 /PRNewswire/ -- Special Aerospace Services, the global leader in spaceflight engineering and hardware solutions for the aerospace industry, today named Dan Merenda as the company's executive director for its wholly-owned subsidiary, SAS Flight Factory.
  • In this role, Merenda will draw on his extensive expertise in aerospace engineering and operations to lead all aspects of hardware manufacturing for SAS Flight Factory.
  • He will also serve on the company's executive team and will report to Special Aerospace Services' President and Chief Executive Officer Heather Bulk.
  • "With leaders like Dan on our team, Special Aerospace Services will be positioned for explosive growth."

Global Small Satellite Market Report 2022: Major Players Include Sierra Nevada, Lockheed Martin, Airbus and L3 Harris Technologies

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Vendredi, février 10, 2023

DUBLIN, Feb. 10, 2023 /PRNewswire/ -- The "Small Satellite Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 10, 2023 /PRNewswire/ -- The "Small Satellite Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • This report provides strategists, marketers and senior management with the critical information they need to assess the global small satellite market.
  • Some major players in the small satellite market are Sierra Nevada Corporation, Lockheed Martin Corporation, Airbus, L3 Harris Technologies, The Aerospace Corporation, Planet Labs, GomSpace, Boeing, Space Exploration Technologies, Blue Canyon Technologies, Honeywell International Inc., ST Engineering, Orbital ATK, Inc., Ball Corporation, Israel Aerospace Industries Ltd., QinetiQ, ISIS- Innovative Solutions In Space B.V., Surrey Satellite Technology Ltd. and Spire Global.
  • Major companies operating in the small satellite market are focused on bringing advancements in technologies that offer to strengthen their position.

iRocket Appoints Blake Larson to Board of Directors

Retrieved on: 
Vendredi, janvier 20, 2023

NEW HYDE PARK, N.Y., Jan. 20, 2023 /PRNewswire/ -- On January 20, 2023, the Board of Directors of Innovative Rocket Technologies Inc. (iRocket) has appointed Blake Larson as a director.

Key Points: 
  • NEW HYDE PARK, N.Y., Jan. 20, 2023 /PRNewswire/ -- On January 20, 2023, the Board of Directors of Innovative Rocket Technologies Inc. (iRocket) has appointed Blake Larson as a director.
  • Blake Larson joins the Board following a distinguished 40-year career with Orbital ATK and Northrop Grumman.
  • Blake recently retired from Northrop Grumman as the Corporate Vice President and the President of its Space Sector.
  • "We are honored to have Blake join our board," said iRocket Chief Executive Officer Asad Malik.

OSK Secures $10 Million Strategic Investment to Commercialize Hyperspectral Intelligence Solution for Energy Sector

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Mardi, janvier 31, 2023

SAN FRANCISCO, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Orbital Sidekick (OSK) , the global leader in space-based hyperspectral intelligence, today announced a $10 million investment round from strategic investors to commercialize its asset monitoring solution, which enables the energy sector to further enhance monitoring and mitigating pipeline emissions.

Key Points: 
  • SAN FRANCISCO, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Orbital Sidekick (OSK) , the global leader in space-based hyperspectral intelligence, today announced a $10 million investment round from strategic investors to commercialize its asset monitoring solution, which enables the energy sector to further enhance monitoring and mitigating pipeline emissions.
  • The funding will also support the deployment of OSK’s GHOSt Constellation, a fleet of satellites equipped with best-in-class hyperspectral sensors launching later this year.
  • “This investment by our customers and partners in the energy sector sends a resounding signal to the monitoring and intelligence services marketplace that OSK is leading the space with a best-in-class, scalable solution for supporting sustainable operations,” said Dan Katz, CEO and co-founder of OSK.
  • OSK has already secured contracts to supply hyperspectral data to the United States Department of Defense through its partnerships with In-Q-Tel, the Air Force and Space Force.

Motiv Awarded SpaceWERX Orbital Prime Contract

Retrieved on: 
Mardi, janvier 24, 2023

Motiv is excited to expand the application space of its xLink robotic product suite to address the critical problem of orbital debris removal.

Key Points: 
  • Motiv is excited to expand the application space of its xLink robotic product suite to address the critical problem of orbital debris removal.
  • Naval Research Laboratory (NRL), a leader within the space robotics domain, for the Orbital Prime contract.
  • Orbital Prime was created to accelerate the commercial viability of the ISAM market with an initial focus on Active Debris Remediation.
  • "We are extremely excited to have been selected by SpaceWERX to advance the state of in-space robotics with our partner, the Naval Research Lab, for the critical function of orbital debris removal," says Chris Thayer, chief executive officer of Motiv.

Mercury Appoints Vivek Upadhyaya as Vice President of Finance

Retrieved on: 
Lundi, janvier 23, 2023

Prior to that, he was CFO and Interim President and CEO of IAI North America, the U.S. subsidiary of Israel Aerospace Industries, Israel's largest aerospace and defense company.

Key Points: 
  • Prior to that, he was CFO and Interim President and CEO of IAI North America, the U.S. subsidiary of Israel Aerospace Industries, Israel's largest aerospace and defense company.
  • From 2012 to 2019, he was Vice President of Financial Planning at Orbital ATK, which was acquired by Northrop Grumman Corp. during that time.
  • Earlier in his career, Upadhyaya held finance roles with Honeywell International, Medtronic, and Amgen.
  • “We’re thrilled to have a finance leader of Vivek’s caliber as a part of our team,” said Mike Ruppert, Mercury’s Chief Financial Officer.

Orbital Virtual Studios Launches a New Division (Orbital VSI), Dedicated to Virtual Production Stage Integration Services Worldwide

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Lundi, janvier 30, 2023

Los Angeles, California--(Newsfile Corp. - January 30, 2023) - Orbital Virtual Studios , a pioneer in the field of virtual production for film and television, is excited to unveil the creation of Orbital Virtual Studio Integrations (Orbital VSI).

Key Points: 
  • Los Angeles, California--(Newsfile Corp. - January 30, 2023) - Orbital Virtual Studios , a pioneer in the field of virtual production for film and television, is excited to unveil the creation of Orbital Virtual Studio Integrations (Orbital VSI).
  • This new division is focused on delivering virtual production stage integration services to companies around the globe.
  • Orbital VSI will be led by Carl Cummings, who has a wealth of knowledge in virtual stage design, building, and management from his time at Planar.
  • "I am thrilled to join the team at Orbital Virtual Studios and help bring the benefits of virtual production to even more companies worldwide," said Carl Cummings, Head of Orbital VSI.