It was previously reported that would-be satellite operator Rivada Space Networks might have lost its important launch contracts with SpaceX. That is not the case says Rivada. A Rivada spokesman told Advanced-Television that the SpaceX contract is still valid and in place. “Final launch windows have not been set,” said Brian Carney, SVP/Corporate Communications. Rivada […]
Lockheed Martin (L-M) has signed a definitive agreement to acquire Terran Orbital. L-M was already a significant investor and client of Terran. The enterprise value of the transaction is about $450 million (€411m). L-M will acquire Terran Orbital for $0.25 in cash for each outstanding share of common stock and retire its existing debt. This […]
Rivada Space Networks, even without any satellites yet in orbit, has established a partnership with Wiseband which provides customised private satellite networking solutions. The company currently has connectivity projects in UAE, Saudi Arabia, Kuwait and Egypt. Rivada has an initial 300 satellites on order with Terran Orbital and designed to create an ‘OuterNET’ system of […]
Rivada Space Networks seems to be on a roll with numerous contracts announced. Their latest news concerns a partnership with aerospace and aviation services company The Aerospace Industries (TAI), based in Bangkok, Thailand. The aim is to bring reliable and secure connectivity services to the commercial, military and general aviation sectors in Thailand and beyond. […]
Rivada Space Networks, despite not yet having its satellite fleet in orbit, has secured another useful contract. It comes from Tekniam, a US based company providing emergency connectivity for disaster response and recovery. Rivada is planning a 600-craft fleet of laser-linked low Earth orbiting satellites. Tekniam CEO, Andrew Heaton, commented: “Tekniam’s RUCS is a cutting-edge […]
Rivada Space Networks has partnered with GlobalSat Group to bring Rivada’s planned ‘OuterNET’ satellite system to Latin America. GlobalSat, a provider of mission-critical satellite and wireless connectivity solutions, will use the OuterNET seamless connectivity to provide a next-generation network for customers in the energy, government NGO, agriculture, utilities and transportation sectors throughout the Americas and […]
Satellite builder Terran Orbital reported that its revenues for 2023 would be almost half original expectations because key client Rivada Space Networks has yet to make an agreed milestone payment. The original expectation for 2023 was for $250 million (€230.3m) in revenue. Now Terran says it will be “in excess” of $130 million, some 48 […]
Terran Orbital held a virtual Town Hall meeting for shareholders on October 26th in an attempt to quell dissent amongst certain shareholders. The event provided some key news, not all of it positive, but its share price recovered a little to 84 cents (€0.80). Last week, the share were trading at about 64 cents. Marc […]
Satellite builder Terran Orbital now has contracts in hand to produce more than 370 satellites. Recent orders from the likes of Rivada Space Networks has pushed its contracted backlog to $2.6 billion (€2.38bn) – a 1,400 per cent increase since December 31st 2022 Terran’s Q2 numbers (to June 30th) show that revenues grew for Q2 […]
Rivada Space Networks (RSN), which is building an initial 300-satellite mega-constellation of low Earth orbiting satellites, has signed with Okapi:Orbits to use its satellite mission-analysis tools, including analysis and implementation of Collision Avoidance and De-orbiting strategies. The agreement brings together RSN’s interconnected high-speed, low Earth orbiting satellite network and Braunschweig, Germany-based Okapi:Orbits’ Space Traffic Management […]