Satellite company Terran Orbital to build big satellite factory in Florida	
Capitalism in space: The satellite company Terran Orbital announced yesterday it will build a large factory to manufacture more than a 1,000 small satellites per year.
At the Launch and Landing Facility, formerly known as the NASA Space Shuttle Landing Facility, Terran Orbital, the parent company of Tyvak and PredaSAR, plans to claim 10 hangars for what Space Florida calls “the world’s largest satellite manufacturing facility.”
“Not only will we be able to expand our production capabilities to meet the growing demand for our products, but we will also bring valuable space vehicle manufacturing opportunities and capabilities to the State of Florida, investing over $300 million in new construction and equipment,” Marc Bell, Terran Orbital co-founder and CEO said in a statement. “By the end of 2025, we’re going to create approximately 2,100 new jobs with an average wage of $84,000.”
It appears that Lockheed Martin is both a customer for these satellites as well as one of Terran Orbital investors.
Regardless, with that many smallsats in the pipeline for construction provides one explanation why investors have been flocking to finance new rocket companies.
 
Capitalism in space: The satellite company Terran Orbital announced yesterday it will build a large factory to manufacture more than a 1,000 small satellites per year.
At the Launch and Landing Facility, formerly known as the NASA Space Shuttle Landing Facility, Terran Orbital, the parent company of Tyvak and PredaSAR, plans to claim 10 hangars for what Space Florida calls “the world’s largest satellite manufacturing facility.”
“Not only will we be able to expand our production capabilities to meet the growing demand for our products, but we will also bring valuable space vehicle manufacturing opportunities and capabilities to the State of Florida, investing over $300 million in new construction and equipment,” Marc Bell, Terran Orbital co-founder and CEO said in a statement. “By the end of 2025, we’re going to create approximately 2,100 new jobs with an average wage of $84,000.”
It appears that Lockheed Martin is both a customer for these satellites as well as one of Terran Orbital investors.
Regardless, with that many smallsats in the pipeline for construction provides one explanation why investors have been flocking to finance new rocket companies.

