Terran Orbital: We’re on track to receive $180M from Rivada Space this year for constellation design

by Peter B. de Selding

TUPPER LAKE, NY — Satellite prime contractor Terran Orbital expects to receive $180 million in payments from its largest customer, Rivada Space Networks, by the end of this year as Terran completes the early design phase of Rivada’s 300-satellite broadband satellite network.

Rivada’s contract with Terran is valued at $2.4 billion for 300 satellites. The design phase, which began in earnest in July after Rivada received formal approval of its license from the International Telecommunication Union (ITU)https . . .

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