Terran Orbital awarded $2.4B contract to build 300 satellites for Rivada Space

Terran Orbital announced its wholly-owned subsidiary, Tyvak Nano-Satellite Systems, has been awarded a $2.4B contract to design, build, and deploy 288 low-earth orbit satellites for Rivada Space Networks. As part of the contract, Terran Orbital will also develop 12 "spare" satellites to produce a total of 300 spacecraft.