Terran Orbital Revenue Drops As It Downplays Big Part Of Backlog

Terran Orbital faces a cash crunch, again.

Credit: Terran Orbital
The story Terran Orbital has been selling to investors for years is that, yes, we are losing money, but revenue is growing quickly and it is only a matter of time before we become profitable. But that story broke down in the first quarter of 2024 when the satellite bus manufacturer saw its revenue...
Garrett Reim

Based in the Seattle area, Garrett covers the space sector and advanced technologies that are shaping the future of aerospace and defense, including space startups, advanced air mobility and artificial intelligence.

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