Aria Alamalhodaei 1 week
Satellite manufacturing company Terran Orbital said Monday it would open the world’s largest space vehicle manufacturing facility on Florida’s Space Coast at a cost of $300 million.
The 660,000-square-foot factory will be capable of producing “thousands of different types of space vehicles per year,” including 1000 complete satellites and over 1 million satellite components per year, the company said in a statement.
Terran Orbital was founded in 2013, the same year that it acquired nanosatellite developer Tyvak, but has maintained a low profile since. In 2017, Lockheed Martin took a small stake in the company. While Terran operates a 128,000-square-foot facility in Irvine, California, CEO and co-founder Marc Bell told TechCrunch in a recent interview that Terran doesn’t disclose its current manufacturing capacity or how many satellites it has built.