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Terran Orbital Confirms Rivada Space’s Up-to-date Invoices

Terran Orbital Corporation has announced that it has received a payment from Rivada Space Networks pursuant to the Company’s previously …

Frontiers News News Space Space Economy News

Terran Orbital Corporation has announced that it has received a payment from Rivada Space Networks pursuant to the Company's previously announced contract with Rivada. The amount was for the completion of a program milestone, and as a result, Rivada is current on all outstanding invoices. The Company expects to receive additional milestone payments in 2024 and continues to expect to meet its delivery obligations under the Rivada Contract on schedule in 2025 and 2026.

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Joshua Faleti

Kofoworola Joshua Faleti is the News Editor. He enjoys talking and learning about space and wants to talk about space to anyone who cares to listen. Joshua is interested in Space Law and Policy and how Space can positively impact human lives. Joshua is also a big music lover.