Terran Orbital (NYSE: LLAP) has launched their Responsive Space Initiative. Under this initiative, the company is committed to providing customers with satellite buses within just 30 days and complete satellite systems with integrated payloads within 60 days — there are seven new satellite buses that will be participating in this program.
Terran Orbital’s advanced production capabilities through the implementation of automation and robotics find the firm standardizing common components that can be stocked and are interchangeable, depending on the bus configuration. The company proudly designs and manufactures 85% of all modules and components that go into a bus today.
With the Responsive Space Initiative, Terran Orbital will be able to deliver smallsats that are flexible, of high-quality, and reliable to military, civil, and commercial customers at a faster and more cost-effective rate. Satellites for critical missions will be delivered in days instead of requiring years to complete. The company recently introduced a new product line that is comprised of seven buses that are ready for quick delivery and can be immediately added to the firm’s inventory.
Terran Orbital will be partnering with best-of-breed payload suppliers to stock a wide range of payloads. This will allow the fulfillment of any customer requirements, whether Electro-Optical Imaging, Synthetic Aperture Radar, Communications, Hyperspectral, or any other payload with global demand.
There are currently more than 30 conflict zones across the globe and the demand for Intelligence, Surveillance, and Reconnaissance (ISR) capabilities to monitor these zones is increasing far faster than satellite manufacturers can currently address. Terran Orbital’s goal is to meet this demand and improve the availability of ISR capabilities in critical regions.
Terran Orbital is also building a new facility in Irvine, California, dedicated to the Responsive Space Initiative. The facility is scheduled to be operational in the summer of 2024 and the program will be launched in the Q4 of the same year.
“We recently announced our seven new stocking buses, today we are announcing how fast we can build them. These are exciting times not only for Terran Orbital but the industry as a whole.” — Marc Bell, Co-founder, Chairman and CEO, Terran Orbital