Terran Orbital

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

About Terran Orbital

Terran Orbital is an Aerospace, Defense & Maritime company based in Irvine (United States) founded in 2013, and was acquired by Lockheed Martin in August 2024. Satellite hardware is provided for space data constellations. Terran Orbital has raised $136 million across 2 funding rounds from investors including Lockheed Martin, Beach Point Capital Management and Goldman Sachs Investment Partners. Its chief executive, as recorded, is Peter Krauss. Terran Orbital offers products and services including Triumph, Renegade, Voyager, and Excelsior. Its focus areas include Aerospace, Maritime and Defense Tech, NewSpace, Space Hardware and Satellites. Its competitors include Phantom Space Corporation and Blue Canyon Tech; 1 of its 2 listed competitors has raised funding.

Company details

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.

Key Metrics

Products & Services of Terran Orbital

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

Triumph
Spacecraft Platform

Modular platform for customizable satellite missions in aerospace.

Renegade
Spacecraft Platform

Interchangeable components for various space mission requirements.

Voyager
Spacecraft Platform

Platform supporting scientific and defense satellite applications.

Excelsior
Spacecraft Platform

Customizable solution for advanced space technology needs.

Apps and channels of Terran Orbital

its YouTube channel Terran Orbital has 382 subscribers and 5 videos.

Terran Orbital
YouTube 382 subscribers 5 videos Travel & Events
Open channel

Videos from Terran Orbital

The most watched videos on Terran Orbital's YouTube channel, Terran Orbital (382 subscribers). Click a video to play it here.

Terran Orbital Road Show Presentation
3.1K views
CAPSTONE Launch to the Moon
1.2K views
Terran Orbital Listed on NYSE (LLAP)
957 views
Emerging Growth Conference Final
774 views

More on Terran Orbital.

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 $136M
  • Total Rounds 2
  • Last Round Series C β€” $100M
  • First Round $36M

    (Aug 2018)

  • Investors Count 3

All 2 funding rounds of Terran Orbital with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2022$100MSeries C––
Aug 2018$36MSeries B–Beach Point Capital Management, Goldman Sachs Investment Partners
Valuation history

3 investors in total: 3 institutional.

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Manufacturer of global security and defense airplanes
1912lockheedmartin.comUnited States
Global investment manager specializing in credit-related opportunities across markets.
2009beachpoint.capitalSanta Monica, United States
Investments are made in technology-based businesses by this VC firm.
gsipventures.comNew York, United States
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Investor details for Terran Orbital

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People of Terran Orbital

96 people are tracked at Terran Orbital (13 in leadership, 5 in board & advisors, 78 in team).

NameRoleGroup
Peter Krauss
CEOLeadership
Anthony Previte
CEOLeadership
Albert Oyegun
Vice President, Space And Mission SystemsLeadership
Wahid Azizpor
Senior Vice President OperationsLeadership
Michael Koenig
Director Of Program EngineeringLeadership
Phil Kim
Director, Bids & ProposalsLeadership
Matthew DeLaquil
Chief Engineer & General ManagerLeadership
Kathy Ann MacDougall
Vice President Human ResourcesLeadership
Shawn A. Wood
Product DirectorLeadership
Paul Shklanko
Chief EngineerLeadership
Marisa Jimenez
Vice President Of ManufacturingLeadership
Eduardo Garcia
Chief Engineer, OperationsLeadership
Burt Ver Haar
Director Of Premise Security And Building FacilitiesLeadership
Doug Raaberg
DirectorBoard & advisors
Daniel Staton
Vice ChairmanBoard & advisors
Tom Manion
DirectorBoard & advisors
Richard Y. Newton III
DirectorBoard & advisors
James LaChance
DirectorBoard & advisors
Maria Hernandez
Associate Electrical Engineer- Electrical Sustaining And SupportTeam
Courtney Melville
Lead Mission Operations EngineerTeam

76 more people are available in the full profile.

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Timeline of Terran Orbital

5 dated milestones of Terran Orbital across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Terran Orbital is founded.
  2. Funding First funding round of $36.0M.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Series C, of $100.0M.
  5. Exit Acquired by Lockheed Martin.

Competitors of Terran Orbital

Terran Orbital has 2 listed competitors in our database, 1 of them funded. They include Phantom Space Corporation and Blue Canyon Tech.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
phantomspace.com2019Tucson, United States$31.66M
Satellite systems are designed and manufactured for space applications.
bluecanyontech.com2008Boulder, United States364
Satellites and spacecraft are developed by Blue Canyon Technologies.
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Detailed competitors of Terran Orbital

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of Terran Orbital

The website of Terran Orbital (terranorbital.com) receives about 9.7K visits a month.

  • Monthly visits
    9.7K

    ▲ 15.3% vs previous month

Similar websites

Websites whose visitors overlap most with Terran Orbital. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
turionspace.com
100%
8.9K#2,380,763View details
denkensolutions.com
85%
#3,180,359View details
ciedigital.com
ciedigital.com
84%
#14,669,411–
o2inc.net
71%
680.7K#2,842,735View details
pacificcompanies.com
33%
#2,883,238View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 28 similar websites and full traffic analytics for Terran Orbital

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Top companies in Space Research & Technology

3 companies that operate in the same segment as Terran Orbital (Space Research & Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based satellite imagery data and analytics solutions are provided.
2010San Francisco, California, United StatesUSD 601.59 MUSD 307.73 M1,749
Astra is engaged in providing space launch services.
2016Alameda, California, United StatesUSD 136.93 M
Reusable launch vehicles for large payloads are developed and launched.
2002Hawthorne, California, United StatesUSD 11.86 BUSD 18.67 B20,833
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Related news about 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 CEO of Terran Orbital, as recorded in our data.

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 2018.

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 and Phantom Space Corporation.

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.

Yes. Terran Orbital was acquired by Lockheed Martin in August 2024.

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