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0 -0.0169491525423729 -0.0169491525423729 0 -0.0169491525423729 0.00847457627118645 0.0335593220338984 0.0338983050847458
Stock impact report

Terran Orbital's Tyvak International Secures European Defense Agency Contract for Pioneering VLEO Satellite Project [Yahoo! Finance]

Terran Orbital Corporation (LLAP) 
Company Research Source: Yahoo! Finance
Corporation (NYSE: LLAP ) and a leading European provider of nano and microsatellites, today announced a secured service subcontract for the European Defense Agency's (EDA) Hub for EU Defense Innovation (HEDI) proof-of-concept prototype 2023. This groundbreaking project focuses on Very Low Earth Orbit (VLEO) satellite exploration, marking a significant leap forward in military space technology. The contract encompasses Phase A of the LEO to VLEO spacecraft, culminating in a Preliminary Design Review. Tyvak International will play a leading role within a consortium including prime contractor CNIT, collaborating with FlySight and Politecnico di Milano. Tyvak International, leveraging its extensive experience in satellite design, development, and spaceflight heritage, will spearhead critical aspects of the project. This includes leading market analysis, identifying key components, defining requirements based on the business case, and ultimately assessing the feasibility of satellite Show less Read more
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