![](/sites/default/files/styles/crop_freeform/public/2024-08/terran_orbital_banner_on_nyse-llap-2000pxc_terran_orbital.jpg?itok=HoEF9RDW)
Terran Orbital is banking its future on selling its stock, which is plummeting in value.
Credit: Terran Orbital
Terran Orbital has reduced its backlog of sales by $2.4 billion by removing the unpaid portion of its contract with Rivada Space Networks to develop and manufacture a low-Earth-orbit (LEO) communications satellite constellation. The removal of that future revenue shrunk the satellite bus...
Subscription Required
Terran Orbital Removes Rivada’s $2.4bn From Sales Backlog is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.
Not a member? Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.