Boca Raton, Florida-based Terran Orbital is a contract manufacturer, designing and building satellites for the U.S. government and commercial customers. Bell estimated to TechCrunch in an interview last year that around 95% of the company’s work is related to the Department of Defense and NASA.

Lockheed Martin made its first investment in Terran back in 2017; the following year, it led a $36 million investment round. The new funds from Lockheed will go toward acquiring additional assembly space and increasing satellite module production, Terran said in a statement. The smallsat manufacturer also said it planned on expanding its offerings to include a synthetic aperture radar satellite product line and satellite components and subassemblies, like reaction wheels and star trackers.

The company was originally planning to launch and operate its own SAR satellite constellation, called PredaSAR, but it decided to pivot from those plans and offer the technology as a product instead. Terran said the conflict in Ukraine showed the need for advanced satellite imagery.

Lockheed Martin increases its bet on satellite manufacturer Terran Orbital with $100 million investment by Aria Alamalhodaei originally published on TechCrunch

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