Small-satellite pioneer Terran Orbital Corporation ("Terran Orbital") was awarded a contract by Lockheed Martin Aeronautics to provide three microsatellite class satellites, launch procurement, integration, and operations in support of product demonstration.

"We are thrilled Terran Orbital will be part of another program with Lockheed Martin. This contract award provides an exciting opportunity for the company to demonstrate our capabilities as a small satellite provider delivering cost-effective end-to-end solutions enabling missions," said Marc Bell, Co-Founder, Chairman, and Chief Executive Officer of Terran Orbital.

"At Terran Orbital we pride ourselves on creating high quality, cost-effective satellite solutions that surpass the customers' needs," said Matt Gann, Senior Vice President of Programs at Terran Orbital. "It is a privilege to evolve our agile aerospace processes as we expand our partnership with the top defense contractor in the world, Lockheed Martin."

"This project will allow us to demonstrate enhanced capability in a series of key technology areas. We look forward to working with the team to deliver critical solutions," said Daniel Markham, program director, Lockheed Martin Skunk Works.

Terran Orbital has previously announced that it entered in a business combination agreement with Tailwind Two Acquisition Corp. (NYSE: TWNT), ("Tailwind Two"), a special purpose acquisition company (SPAC), pursuant to which Terran Orbital will combine with Tailwind Two.

Tailwind Two is a blank check company "for founders, by founders" - formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more founder-led businesses in a sector being disrupted by technological change.

Tailwind Two's management team and directors have invested extensively in founder-run businesses, with notable success in the space industry. Tailwind Two is led by Chairman Philip Krim, and Co-Chief Executive Officers Chris Hollod and Matt Eby. In addition to the members of its management team and board of directors, Tailwind Two has assembled an Advisory Board that will help position Tailwind Two as the value-add partner of choice for today's leading entrepreneurs.

Terran Orbital Corporation is a leading vertically integrated provider of end-to-end satellite solutions. Terran Orbital combines satellite design, production, launch planning, mission operations and in-orbit support to meet the needs of the most demanding military, civil and commercial customers. In addition, Terran Orbital is developing the world's largest, most advanced NextGen Earth Observation constellation to provide persistent, real-time earth imagery.

Related Links
Terran Orbital
Microsat News and Nanosat News at SpaceMart.com

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Homegrown spacecraft is putting Perth on Space Race map
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