Rivada Space CEO: Lockheed’s purchase of Terran Orbital is good news for us; we’re still on track for mid-2026 launches

by Peter B. de Selding

PARIS — The chief executive of Rivada Space Networks, the company whose payment delays to satellite builder Terran Orbital on a $2.4-billion contract for 288 broadband satellites precipitated Terran’s forced fire-sale acquisition by Lockheed Martin, said his company is confident that its constellation will be built by Lockheed Martin as Terran’s new owner.

Declan Ganley said Rivada has been securing financial backing for its constellation and that it has every confidence that Terran, once owned by Lockheed Martin, will be able to deliver . . .

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