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Stock impact report

Two Terran Orbital Space Vehicles Added to $6B Multi-Participant Rapid IV IDIQ Contract Vehicle [Yahoo! Finance]

Terran Orbital Corporation (LLAP) 
Company Research Source: Yahoo! Finance
in satellite-based solutions primarily serving the aerospace and defense industries, announced the expansion of its capabilities under NASA's long-standing multi-participant Rapid Spacecraft Acquisition IV (Rapid IV) Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract. NASA has on-ramped two additional space vehicle platforms, which could position Terran Orbital as a premier partner for the space agency, offering a wider range of solutions for diverse missions. Terran Orbital has been an existing awardee under this contracting vehicle since 2020 through its Tyvak Nano-Satellite subsidiary, with two space vehicles already eligible for NASA task orders. The Rapid IV awards have a shared potential ceiling of $6 billon amongst all contractors selected. One-Stop Shop for Faster Missions Terran Orbital adds its Nebula and Ambassador micro space vehicle platforms to the existing offerings of 6U Triumph and 12U Renegade CubeSats under the Rapid IV On-Ramp III contract. This comprehens Show less Read more
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