Terran Orbital - About the company
Terran Orbital is an acquired company based in Irvine (United States), founded in 2013 by Marc Bell. It operates as a Provider of hardware for satellites. Terran Orbital has raised $144M in funding from investors like Lockheed Martin, Goldman Sachs Investment Partners and Beach Point Capital Management, with last known valuation of $*****. The company has 196 active competitors, including 33 funded and 18 that have exited. Its top competitors include companies like Dhruva Space, Apex and ReOrbit.
Company Details
Provider of hardware for satellites. It provides users with a platform that develops a constellation of nano and picosatellites to create a data infrastructure in space. It operates through three business segments, including research, development, and manufacturing. It also provides consulting and manufacturing services to government agencies, commercial companies, and military organizations.
- Website
- terranorbital.com
- Email ID
- *****@terranorbital.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2013
Location
Irvine, United States
Stage
Acquired
Total Funding
$144M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Aug 15, 2024
Investors
Ranked
1st among 196 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2023
Employee Count
419 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Lockheed Martin (Aug 15, 2024)
Legal entities associated with Terran Orbital
Terran Orbital is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Terran Orbital Corporation. CIN: - , United States, Active | Oct 23, 2014 | - | - | - |
TERRAN ORBITAL CORP CIN: 1835512 , United States, Active | Mar 24, 2022 | $100M - $500M (As on Dec 31, 2023) | 660 (As on Dec 31, 2023) | - |
Terran Orbital's acquisition details
Terran Orbital got acquired by Lockheed Martin on Aug 15, 2024.
Click here to take a look at Terran Orbital's acquisition in detail
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Terran Orbital's funding and investors
Terran Orbital has raised a total funding of $144M over 3 rounds. Its latest funding round was a Series C round on Oct 31, 2022 for $*****. 1 investor participated in its latest round. Terran Orbital has 11 institutional investors.
Here is the list of recent funding rounds of Terran Orbital:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 31, 2022 | 6583593 | Series C | 2026407 | 6729280 | 1766642 | 7495881 |
Aug 06, 2018 | 7596059 | Series B | 6368301 | 1260751 |
View details of Terran Orbital's funding rounds and investors
Terran Orbital's founders and board of directors
Founder? Claim ProfileThe founders of Terran Orbital is Marc Bell. Peter Krauss and Anthony Previte are the CEOs of Terran Orbital.
Here are the details of Terran Orbital's key team members:
- Marc Bell: Former Co-Founder of Terran Orbital and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Peter Krauss: CEO of Terran Orbital. Contact Info: 2 email addresses
- Anthony Previte: CEO of Terran Orbital. They serve on the board of 1 company.Contact Info: 1 email address
Terran Orbital's Board of Directors
Terran Orbital's board has 13 active members. Marco Villa, Marc Bell, Sean Daily, Karen Anderson, Stratton Sclavos, Daniel Williams, Krystle Curnutte, Roland Coelho, Anthony Previte, Jordi Puig-Suari, James John LaChance, Daniel Staton and Joseph Roos are independent board members.Here is the list of Terran Orbital's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 10y 11m | |
mdgddex | Independent board member | - | Current | 3y 9m |
t{bahkp | Independent board member | - | Current | 8y 6m |
hribcmd | Independent board member | - | Current | 8y 1m |
iffnccj | Independent board member | - | Current | 2y 9m |
kxqbiiq | Independent board member | - | Current | 1y 6m |
beusdhr | Independent board member | - | Current | 5y 5m |
ltwb{sp | Independent board member | - | Current | 9y 6m |
ef{imwr | Independent board member | - | Current | 7y 5m |
uajiwhy | Independent board member | - | Current | 3y 4m |
fgcscwp | Independent board member | - | Current | 5y 3m |
tyujout | Independent board member | - | Current | 3y 6m |
jtjfihg | Independent board member | - | Current | 2y 5m |
View details of Terran Orbital's Founder profiles and Board Members
Terran Orbital's employee count trend
Terran Orbital has 419 employees as of Jun 26. Here is Terran Orbital's employee count trend over the years:
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Terran Orbital's Competitors and alternates
Top competitors of Terran Orbital include Dhruva Space, Apex and ReOrbit. Here is the list of Top 10 competitors of Terran Orbital, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Terran Orbital 2013, Irvine (United States), Acquired | Provider of hardware for satellites | $144M | 73/100 | |
2nd | Dhruva Space 2012, Hyderabad (India), Series A | Provider of full-stack space engineering solutions, satellite platforms, and launch services | $21.4M | 66/100 | |
3rd | Apex 2022, Los Angeles (United States), Series D | Manufacturer of configurable satellite platforms designed for various mission requirements | $718M | 66/100 | |
4th | Manufacturer of sovereign satellites and connected systems for national security | $60.2M | 66/100 | ||
5th | Developer of satellite platforms for intelligence, surveillance, and reconnaissance missions | $7.22M | 62/100 | ||
6th | Sophia Space 2025, Pasadena (United States), Seed | Developer of orbital compute and data centers powered by solar energy | $22M | 60/100 | |
7th | NaraSpace 2015, Busan (South Korea), Public | Manufacturer of nano satellites | $24.3M | 60/100 | |
8th | Quantum Space 2022, Rockville (United States), Series A | Developer of maneuverable spacecraft for defense and commercial on-orbit missions | $57M | 60/100 | |
9th | NanoAvionics 2014, Vilnius (Lithuania), Acquired | Developer of nano-satellite buses | - | 60/100 | |
10th | Manufacturer of small satellite platforms, components, and related space services | $167M | 60/100 |
Looking for more details on Terran Orbital's competitors? Click here to see the top ones
Terran Orbital's Investments and acquisitions
Terran Orbital has made no investments or acquisitions yet.
Reports related to Terran Orbital
Here is the latest report on Terran Orbital's sector:
News related to Terran Orbital
Media has covered Terran Orbital for a total of 13 events in the last 1 year, 7 of them have been about company updates and 3 about people movement.
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Terran Orbital Introduces New Star Tracker Product Line at SATSHOW 2026Business Wire•Mar 25, 2026•Terran Orbital
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Terran Orbital to Deliver Nebula Bus for Mitsubishi Electric LEO Demo MissionBusiness Wire•Jan 28, 2026•Mitsubishielectric, Terran Orbital
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Tyvak International's LIDE satellite completes initial on-orbit 5G testsSpaceNews•Jan 12, 2026•Terran Orbital
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Advanced Materials Developer Cambium Secures $100 Million in Series B Funding Led by 8VCDefense Daily•Jan 06, 2026•Lockheed Martin, Cambium Networks, , JAC Capital and 14 others
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Orbit International's Power Group Gets $1M Follow-On Power Supply OrderGlobeNewswire•Aug 07, 2025•Terran Orbital
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