On the first day of the FT Live Event Investing in Space, SpaceWatch.Global CEO Torsten Kriening had the chance talking with European Space Agencys Director General, Dr. Josef Aschbacher about the status of commercialization at ESA, lessons learned from NASA and “why space is an area to invest?”
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Terran Orbital Opens New Factory Addition in Irvine
Terran Orbital, a manufacturer of satellite products primarily serving the aerospace and defense industries, have announced the official opening of a new 60,000-square-foot satellite manufacturing space, adding to its existing manufacturing capability. With this previously announced addition, the total size of the manufacturing complex in Irvine has expanded to approximately 98,000 square feet. Furthermore, this new addition enables the company to significantly boost satellite production, increasing it from an estimated ten satellites per month to more than 20 per month.