Addition of Two Terran Orbital Spacecraft to $6B Multi-Participant Rapid IV IDIQ Contract Program

Terran Orbital Corporation (NYSE: LLAP), a renowned provider of satellite-based solutions primarily catering to the aerospace and defense sectors, has revealed its latest expansion of capabilities within NASA’s long-established Rapid Spacecraft Acquisition IV (Rapid IV) Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract. This expansion involves the inclusion of two additional space vehicle platforms, potentially positioning Terran Orbital as a key collaborator for NASA and broadening its array of solutions for diverse missions. Terran Orbital has been an established participant in this contracting framework since 2020 through its subsidiary, Tyvak Nano-Satellite, with two space vehicles already eligible for NASA task orders. The combined potential ceiling for all contractors selected under the Rapid IV awards amounts to $6 billion.

Consolidating Solutions for Swifter Missions

Terran Orbital has incorporated its Nebula and Ambassador micro space vehicle platforms into the existing lineup, which includes the 6U Triumph and 12U Renegade CubeSats, under the Rapid IV On-Ramp III contract. This comprehensive suite of flight-proven space vehicles provides government agencies with an expedited and more efficient pathway to execute their missions.

Streamlined Procurement for Government Entities

The Rapid IV program streamlines the acquisition process for US government agencies by offering a multi-award IDIQ contract structure. This allows for the issuance of Firm Fixed Price delivery orders to eligible participants, facilitating the procurement of space vehicles and payload space for upcoming missions.

Marc Bell, Co-Founder, Chairman, and Chief Executive Officer at Terran Orbital, expressed the company’s pride in expanding its involvement in NASA’s vital space initiatives. He emphasized that by diversifying its range of space vehicle solutions, Terran Orbital enables government agencies to execute their missions more efficiently. This streamlined approach not only accelerates space vehicle delivery but also enhances scientific discovery and national security advancements.

Proven Expertise for Complex Missions

Terran Orbital boasts a longstanding partnership with NASA and various government agencies, delivering cost-effective and reliable access to space for global clientele. The company has a proven track record of providing space vehicles across diverse sectors, including defense, intelligence, communications, and imaging. This success encompasses pioneering achievements, such as deploying the world’s first CubeSat to ESPA-class space vehicles, which underscores the company’s proficiency in handling larger platforms. Importantly, Terran Orbital’s space vehicles adhere to a common, flight-proven design philosophy, ensuring a consistent level of reliability for NASA’s intricate missions. Moreover, the company’s expertise extends beyond launch, with a demonstrated ability to manage successful on-orbit operations for various missions.

Exploring Leading Space Vehicle Platforms

For further information regarding Terran Orbital’s cutting-edge space vehicle platforms and comprehensive mission support services, visit the Terran Orbital Space Vehicle Platforms page.

Source Link:

Newsletter Updates

Enter your email address below and subscribe to our newsletter