Terran Orbital says Rivada is up to date on invoices after undisclosed payment

Published by on 01/03/2024 UTC

Terran Orbital told investors Jan. 2 it has received a past-due payment for the 300 satellites it is building for Rivada Space Networks, but it is unclear whether this covered the full $180 million it expected by the end of 2023 as future installments for the $2.4 billion project are kept under wraps.

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