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News

Terran Orbital Repots Expansion Of Its Capabilities Under NASA's Multi-Participant Rapid Spacecraft Acquisition IV IDIQ Contract

Author: Benzinga Newsdesk | June 04, 2024 07:17am

NASA has on-ramped two additional space vehicle platforms, which could position Terran Orbital as a premier partner for the space agency, offering a wider range of solutions for diverse missions. 

Terran Orbital has been an existing awardee under this contracting vehicle since 2020 through its Tyvak Nano-Satellite subsidiary, with two space vehicles already eligible for NASA task orders. The Rapid IV awards have a shared potential ceiling of $6 billon amongst all contractors selected.

Posted In: LLAP