Terran Orbital

Irvine, United States Founded: 2013 • Age: 13 yrs Acquired By Lockheed Martin
Satellite hardware is provided for space data constellations.
Request Access

About Terran Orbital

Terran Orbital is a company based in Irvine (United States) founded in 2013 was acquired by Lockheed Martin in August 2024.. Terran Orbital has raised $136 million across 2 funding rounds from investors including Lockheed Martin, Beach Point Capital Management and Goldman Sachs Investment Partners. Terran Orbital offers products and services including Triumph, Renegade, Voyager, and Excelsior. Terran Orbital operates in a competitive market with competitors including OHB, NaraSpace, GomSpace, Phantom Space Corporation and Blue Canyon Tech, among others.

  • Headquarter Irvine, United States
  • Stage Public
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Aerospace, Defense & Maritime → Space Technology & Exploration
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $136 M (USD)

    in 2 rounds

  • Latest Funding Round
    $100 M (USD), Series C

    Oct 31, 2022

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Lockheed Martin

    (Aug 15, 2024)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Terran Orbital

Terran Orbital offers a comprehensive portfolio of products and services, including Triumph, Renegade, Voyager, and Excelsior. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Modular platform for customizable satellite missions in aerospace.

Interchangeable components for various space mission requirements.

Platform supporting scientific and defense satellite applications.

Customizable solution for advanced space technology needs.

People of Terran Orbital
Headcount 50-200
Employee Profiles 89
Board Members and Advisors 5
Employee Profiles
People
Courtney Melville
Lead Mission Operations Engineer
People
Stephanie Garcia McMenamy
Senior Corporate Paralegal/compliance Manager
People
Alexandra Caplan
Technical Recruiter
People
Jason Zheng
Lead FPGA And Hardware Engineer

Unlock access to complete

Board Members and Advisors
people
Doug Raaberg
Director
people
Daniel Staton
Vice Chairman
people
Tom Manion
Director
people
Richard Y. Newton III
Director

Unlock access to complete

Funding Insights of Terran Orbital

Terran Orbital has successfully raised a total of $136M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series C — $100.0M
  • First Round

    (06 Aug 2018)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2022 Amount Series C - Terran Orbital Valuation

investors

Aug, 2018 Amount Series B - Terran Orbital Valuation Beach Point Capital Management , Goldman Sachs Investment Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Terran Orbital

Terran Orbital has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Lockheed Martin, Beach Point Capital Management and Goldman Sachs Investment Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Manufacturer of global security and defense airplanes
Founded Year Domain Location
Global investment manager specializing in credit-related opportunities across markets.
Founded Year Domain Location
Investments are made in technology-based businesses by this VC firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Terran Orbital

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Terran Orbital

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Terran Orbital Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Terran Orbital

Terran Orbital operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OHB, NaraSpace, GomSpace, Phantom Space Corporation and Blue Canyon Tech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Satellites, scientific payloads, and aerospace structures are developed and operated.
domain founded_year HQ Location
Manufacturer of satellites
domain founded_year HQ Location
Systems and subsystems for nano-satellites and cube satellites are developed.
domain founded_year HQ Location
Satellite systems are designed and manufactured for space applications.
domain founded_year HQ Location
Satellites and spacecraft are developed by Blue Canyon Technologies.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Terran Orbital

Frequently Asked Questions about Terran Orbital

When was Terran Orbital founded?

Terran Orbital was founded in 2013 and raised its 1st funding round 5 years after it was founded.

Where is Terran Orbital located?

Terran Orbital is headquartered in Irvine, United States. It is registered at Irvine, California, United States.

Who is the current CEO of Terran Orbital?

Peter Krauss is the current CEO of Terran Orbital.

Is Terran Orbital a funded company?

Terran Orbital is a funded company, having raised a total of $136M across 2 funding rounds to date. The company's 1st funding round was a Series B of $36M, raised on Aug 06, 2018.

What does Terran Orbital do?

Terran Orbital was founded in 2013 and is headquartered in Irvine, United States. Operations are conducted in the aerospace sector, focusing on research, development, and manufacturing of nano and picosatellites. A platform is offered to build space-based data infrastructure. Consulting and manufacturing services are extended to government agencies, commercial entities, and military organizations through dedicated business segments.

Who are the top competitors of Terran Orbital?

Terran Orbital's top competitors include Blue Canyon Tech, XDLINX and NaraSpace.

What products or services does Terran Orbital offer?

Terran Orbital offers Triumph, Renegade, Voyager, and Excelsior.

Who are Terran Orbital's investors?

Terran Orbital has 3 investors. Key investors include Lockheed Martin, Beach Point Capital Management, and Goldman Sachs Investment Partners.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available