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Lockheed Martin acquires Terran Orbital to save it from going under | TechCrunch Minute

Lockheed Martin is acquiring satellite manufacturer Terran Orbital. The move would take the company private and potentially rescue it from running out of cash as it faces serious debt. Lockheed Martin Ventures has made several investments in Terran Orbital and already owned a 28.3% stake in the company, so it makes sense that it wants…

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Lockheed Martin is acquiring satellite manufacturer Terran Orbital. The move would take the company private and potentially rescue it from running out of cash as it faces serious debt. Lockheed Martin Ventures has made several investments in Terran Orbital and already owned a 28.3% stake in the company, so it makes sense that it wants to save the satellite manufacturer from going under.

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3 Comments

  1. @CarlosC-lv1gm

    August 16, 2024 at 12:15 pm

    I’m watching……

    Reply

  2. @marcomazza5743

    August 18, 2024 at 9:55 am

    And then Terran gets 250 millions the next day from SDA.. lawsuits coming

    Reply

  3. @sobujdesigner24

    August 18, 2024 at 1:04 pm

    Hello Sir,
    U need a attractive YouTube thumbnail designer to grow your views?

    Reply

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