About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Lockheed offered to pay $1 a share for Terran Orbital. Terran may wish it had said yes -- but now it's too late.I hate to say "I told you so" -- but I did.It's been nearly three months now since Lockheed Martin (LMT -1.90%) offered to buy out its satellite-building subcontractor Terran Orbital (LLAP 3.49%) in a $600 million transaction that valued Terran at a whopping $1 a share.At the time, Terran Orbital stock was selling for $1.20 per share, which made Lockheed's $1 offer seem not so great. Nevertheless, ...

财务数据和关键指标变化 - 第一季度收入为2720万美元,同比下降3% [37] - 毛亏为620万美元,上年同期毛利为140万美元 [40] - 剔除股份支付和折旧摊销后的调整后毛亏为340万美元,上年同期毛利为230万美元 [41] - 销售、一般及管理费用为2830万美元,上年同期为3250万美元 [42] - 调整后EBITDA为-2820万美元,上年同期为-2260万美元 [43] 各条业务线数据和关键指标变化 - 公司正在执行SDA运输层一期合同,计划在8月前完成42个卫星的交付 [28][29] - 公司获得SDA跟踪层二期合同,将为其生产18个卫星 [28] - 公司正在执行Rivada项目,虽然第一季度贡献有限,但已就付款进度达成共识 [30] 各个市场数据和关键指标变化 - 公司的商业客户群正在逐步扩大,包括全球电信公司和互联网服务商 [105][106][107] - 公司正在与多个商业客户进行最终谈判,预计今年及以后将陆续转化为合同 [105][106] 公司战略和发展方向及行业竞争 - 公司正在大幅提升自动化和垂直整合水平,以提高生产效率和质量 [12][13][19] - 公司计划在未来几周内完成60,000平方英尺的新增产能,并在未来几个月内启用94,000平方英尺的新工厂 [24][26] - 公司正在积极拓展政府和国防客户,已有近20%的员工获得安全许可 [11] - 公司面临的主要挑战包括客户融资问题和供应链不稳定 [22][19] 管理层对经营环境和未来前景的评论 - 管理层对公司长期前景保持信心,认为公司有望成为响应式航天解决方案的领导者 [50] - 管理层表示公司有望在2024年实现EBITDA正转,这是公司的首要目标 [68] - 管理层认为公司的商业客户群正在逐步扩大,但商业客户的决策速度普遍较慢 [105][106] 问答环节重要的提问和回答 问题1 **Erik Rasmussen 提问** 询问新获得的SDA跟踪层二期合同的卫星单价,是否高于之前运输层合同 [53] **Marc Bell 回答** 跟踪层卫星更加复杂,需要更多的稳定性来支持载荷,因此单价会更高 [54][55] 问题2 **Scott Buck 提问** 询问公司何时能够实现季度EBITDA正转 [67] **Marc Bell 回答** 公司目标是在第四季度实现EBITDA正转,这需要依赖于新合同的执行时间 [68] 问题3 **Robert Spingarn 提问** 询问不包括Rivada在内的自由现金流情况 [87] **Matt Riffel 回答** 公司的现金流和盈利能力主要取决于客户项目的执行情况,以及必要时的资本交易 [90][91]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

ROC UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-40170 TERRAN ORBITAL CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 98-1572314 (State or other j ...

Exhibit 99.1 Terran Orbital Reports First Quarter 2024 Financial Results • Expanding collaboration and commitment from Lockheed Martin, awarded a new contract for 18 space vehicles, bringing to a total of 106 space vehicles for the Space Development Agency (SDA) • Second quarter 2024 awards exceed $100 million to-date • As of March 31, 2024, backlog was $2.7 billion; and, as of today, is estimated to be over $2.8 billion, inclusive of $400 million of non-Rivada programs • Review of strategic alternatives st ...