Small-satellite builder Terran Orbital raises $36 million Series B but remains nearly as taciturn as ever

by Peter B. de Selding

LOGAN, Utah — Holding its cards close to its vest? Terran Orbital looks like it had its cards sewn directly into its vest, so little has the company released about its status and plans.

But money talks, and the Aug. 6 announcement that Terran — which owns Tyvak Nano-Satellite Systems Inc. — had raised $36 million in a Series B financing, after an $8-million in a Series A, is a good place to start a conversation.

Terran’s Series A investors included Lockheed Martin Ventures, which was a . . .

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