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Lockheed Martin invests $100 million in startup satellite maker Terran Orbital

Lockheed Martin has now invested $100 million in the startup smallsat-maker Terran Orbital, which has already been building satellites of a wide variety for customers.

Under the deal, which runs through 2035, the smaller Florida-based firm will build SAR and other advanced payloads, as well as satellite sub-assemblies, for the aerospace behemoth, Terran said in a press release today. These include electro-optical, hyperspectral, infrared and secure communication payloads, as well as things like star trackers and flight computers.

With this deal, Terran has also decided that it will no longer launch its own radar constellation, as that constellation would have competed directly with its radar satellite customers. Instead, it will make its radar satellite for others, including Lockheed Martin.

As an example of the variety of smallsats Terran Orbital has been building, it manufactured the smallsat lunar orbiter CAPSTONE for NASA, now on its way to the Moon but being operated for NASA by a different private company, Advanced Space.

Genesis cover

On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.

 
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.


The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
 

"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

One comment

  • Doubting Thomas

    Don’t worry, Lockheed will ruin this small company, just like to ruins every other small start-up business by crushing the small guy in red tape and cash flow demands.

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