(12/23/24) As Terran Orbital looks ahead to 2025, the company’s new Chief Executive Officer—Peter Krauss—is focused on leveraging the company’s proven track record to drive innovation, enhancing its portfolio and fostering a culture of transparency and collaboration.
Mr. Krauss, formerly Terran Orbital’s Chief Operations Officer, successfully led the company’s business operations, significantly strengthened its operational framework, and set the company on a path of improved processes and operational efficiencies.
Since assuming the role of CEO in October, Krauss is no stranger to managing complex organizations. He has overseen merger and acquisition activities, global manufacturing, and distribution networks across European, American, and other markets.
His focus now lies on creating a new era for Terran Orbital, and doing so by leaning into the following key priorities:
- Advancing Innovation: Positioning Terran Orbital at the forefront of space technology will continue building on the company’s expertise in satellite manufacturing and aerospace solutions.
- Expanding Capacity: Scaling its manufacturing operations to meet growing market demand for small satellites, with a commitment to operational excellence.
- Fostering Growth and Collaboration: Cultivating a team-driven culture where transparency and collaboration are central to success.
Beyond his professional accomplishments, Krauss has a passion for racing and performance cars. He spends his weekends on the race track, trying to beat his best time – something that spills over into his professional world and inspires him to continue delivering competitive solutions in the tech industry.
With Krauss at the helm, Terran Orbital is well-positioned to enhance its impact in the aerospace and defense sectors, championing new technology and expanding its market presence.
“I am deeply honored to step into the CEO role at Terran Orbital,” Krauss said. “Our talented team is the cornerstone of our success. Together, we will continue to drive innovation, strengthen our strategic initiatives, and build a collaborative culture focused on the missions of our customers and achieving new milestones for the company.”