Terran Orbital

Irvine, United States Founded: 2013 • Age: 13 yrs Acquired By Lockheed Martin
Satellite hardware is provided for space data constellations.
Annual revenue - Latest available
Total funding $136.0M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

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
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  • Phone
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Operational Areas
Aerospace, Defense & Maritime → Space Technology & Exploration Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $136 M (USD)

    in 2 rounds

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

    Oct 31, 2022

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Lockheed Martin

    (Aug 15, 2024)

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Products & Services of Terran Orbital

Terran Orbital offers a comprehensive portfolio of products and services, including Triumph, Renegade, Voyager, and Excelsior.

Product name locked
Category locked
Primary

Modular platform for customizable satellite missions in aerospace.

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Interchangeable components for various space mission requirements.

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Platform supporting scientific and defense satellite applications.

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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

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

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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.

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.

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Institutional
Investor Description Founded Year Domain Location
Manufacturer of global security and defense airplanes
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Global investment manager specializing in credit-related opportunities across markets.
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Investments are made in technology-based businesses by this VC firm.
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Investor details for Terran Orbital

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Investments & Acquisitions by Terran Orbital

Investments
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Investment portfolio details for Terran Orbital

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Financial Statements - Terran Orbital

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Detailed financials for Terran Orbital

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Terran Orbital Comparisons

Terran Orbital Primary company
Description
Satellite hardware is provided for space data constellations...
Location
Irvine, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Terran Orbital

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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.

Company Name Domain Founded year HQ Location Description
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Satellites, scientific payloads, and aerospace structures are developed and operated.
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Manufacturer of satellites
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Systems and subsystems for nano-satellites and cube satellites are developed.
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Satellite systems are designed and manufactured for space applications.
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Satellites and spacecraft are developed by Blue Canyon Technologies.
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Detailed competitors of Terran Orbital

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Latest news on Terran Orbital

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Complete news archive for Terran Orbital

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Frequently Asked Questions about Terran Orbital

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

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

Peter Krauss is the current CEO of Terran Orbital.

Terran Orbital is a funded company, having raised a total of $136M across 2 funding rounds to date.

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.

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

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

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

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