Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / LLAP - Terran Orbital's GEOStare SV2 Spacecraft Completes Commercial Imaging Contract for Lockheed Martin


LLAP - Terran Orbital's GEOStare SV2 Spacecraft Completes Commercial Imaging Contract for Lockheed Martin

GEOStare SV2 launched in May of 2021 on a SpaceX Falcon 9 rocket and is Terran Orbital’s first internally funded commercial imaging spacecraft

Terran Orbital Corporation (NYSE: LLAP ), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, today announced its GEOStare SV2 spacecraft completed a commercial data services imagery contract for Lockheed Martin.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230109005077/en/

GEOStare SV2 captures multiple frames of La Guardia Airport during rush hour. All images compiled and overlaid to capture on-ground activity. (Image Credit: Terran Orbital Corporation)

Throughout the duration of the contract, Terran Orbital’s operations team successfully demonstrated the ability to rapidly re-task the spacecraft to assemble a catalog of thousands of images to support an independent research project led by Lockheed Martin.

GEOStare SV2's main payload consists of two MonoTele telescopes designed by Lawrence Livermore National Laboratory and is a dual-use system suitable for both Earth Observation and Space Domain Awareness (SDA). The aim of space domain awareness is to track the satellites and debris in space to avoid collisions.

GEOStare SV2 combines Lawrence Livermore National Laboratory’s Monolithic Telescope (MonoTele) technology with Terran Orbital’s expertise producing high-reliability spacecraft. The technology was developed by Lawrence Livermore National Laboratory and Terran Orbital under a four-year, $6 million cooperative research and development agreement (CRADA) to advance compact satellites for commercial applications.

“Terran Orbital is very pleased that Lockheed Martin chose us to fulfill the need for rapid, cost-effective satellite imagery,” said Terran Orbital Co-Founder, Chairman, and Chief Executive Officer Marc Bell. “We are also grateful for the opportunity to collaborate with Lawrence Livermore National Laboratory. As always, we are thrilled to complete this contract for our partners and look forward to many more collaborations in the future, both with the GEOStare spacecraft and with other planned missions.”

“Lawrence Livermore National Laboratory is pleased to be teaming with Terran Orbital, and that our collaborative work on GEOStare is meeting some of the growing need for commercial satellite imagery,” said Lawrence Livermore National Laboratory Space Program Leader Benjamin Bahney. “We are exploring new ways to develop rapid and responsive satellite imagery, and GEOStare is a great example of what two leading technical institutions can do when they work together.”

About Terran Orbital

Terran Orbital is a leading manufacturer of satellite products primarily serving the aerospace and defense industries. Terran Orbital provides end-to-end satellite solutions by combining satellite design, production, launch planning, mission operations, and on-orbit support to meet the needs of the most demanding military, civil, and commercial customers. Learn more at www.terranorbital.com .

View source version on businesswire.com: https://www.businesswire.com/news/home/20230109005077/en/

Virginia Norder
pr@terranorbital.com
949-508-6404

Stock Information

Company Name: Terran Orbital Corporation
Stock Symbol: LLAP
Market: NYSE
Website: terranorbital.com

Menu

LLAP LLAP Quote LLAP Short LLAP News LLAP Articles LLAP Message Board
Get LLAP Alerts

News, Short Squeeze, Breakout and More Instantly...