NEW YORK, NY / ACCESSWIRE / November 27, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Terran Orbital Corporation ("Terran" or the "Company") (NYSE:LLAP) and certain officers. The class action, filed in the United States District Court for the Southern District Of Florida, and docketed under 24-cv-81191 is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Terran securities between August 15, 2023 and August 14, 2024, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
NEW YORK, NY / ACCESSWIRE / November 26, 2024 / If you suffered a loss on your Terran Orbital Corporation (NYSE:LLAP) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / November 26, 2024 / If you suffered a loss on your Terran Orbital Corporation (NYSE:LLAP) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
| Aerospace & Defense Industry | Industrials Sector | Marc H. Bell CEO | NYSE Exchange | 88105P103 CUSIP |
| US Country | 660 Employees | - Last Dividend | - Last Split | 26 Apr 2021 IPO Date |
Terran Orbital Corporation is a pioneer in the aerospace and defense industries, focusing on manufacturing and selling satellites on both a national and international scale. Established in 2013 and based in Boca Raton, Florida, the company has carved a niche in offering comprehensive satellite solutions. Terran Orbital engages in a wide spectrum of activities, including the design, manufacture, assembly, and operation of satellites, as well as the provision and management of on-orbit satellite information for its clients. The company enhances its offerings by utilizing proprietary software for satellite operations and ground infrastructure, ensuring a seamless and integrated service experience for its customers.
Terran Orbital offers comprehensive services covering the entire lifecycle of a satellite - from integrated design, through manufacture and assembly, to management and operation. This all-inclusive service package is designed to meet the wide-ranging needs of aerospace and defense industries.
The company specializes in the management and operation of satellites post-launch, providing clients with valuable information collected from orbit. These services are supported by Terran Orbital's in-house mission operations centers and an integrated international ground communications network, ensuring high-quality and reliable satellite performance.
A key aspect of Terran Orbital's innovative approach includes the use of proprietary software that optimizes satellite functionality and enhances the ground infrastructure. This software ensures the efficient management and operation of satellites, along with secure and effective communication channels.
In addition to manufacturing and operational services, Terran Orbital extends its expertise to include launch support services. These services offer critical assistance during the satellite launch phase, addressing technical, regulatory, and logistical requirements to ensure successful deployments.
Before embarking on manufacturing, the company provides professional engineering feasibility studies and preliminary design services. This preliminary phase is crucial for tailoring the satellite to the specific needs and objectives of the client, ensuring that the final product is both efficient and effective.