Tyvak Nano Satellite Systems, Inc. in Irvine was awarded a contract by Lockheed Martin to build 42 satellites for the Pentagon’s Space Development Agency. Financial details were not disclosed.
The satellites are for the agency’s “Tranche 1 Transport Layer which will support global warfighter missions,” according to Tyvak parent Terran Orbital Corp. of Boca Raton, Fla.
“We are honored and very proud to participate in this important award in support of U.S. military forces around the world,” Terran founder and CEO Marc Bell said in a statement today.
Terran also reiterated its plan to go public via special purpose acquisition company Tailwind Two Acquisition Corp. (NYSE: TWNT) although no date was given.
