LA PLATA, Maryland — Small satellite manufacturer Terran Orbital sought to persuade investors that its $2.4-billion, 300-satellite contract with Rivada Space Networks, which as of March 31 represented 88% of its backlog, could disappear without having a material impact.
It’s not the first time that Terran Chief Executive Marc Bell has portrayed the Rivada deal as just one of many mega-constellations that Terran expects to win once it has completed its new satellite production facility, which is scheduled by early 2025.
