Terran Orbital breaks ground on factory to make satellites in California (NYSE:LLAP)

Terran Orbital (NYSE:LLAP) broke ground on a 94,000-square-foot factory to make satellites in Irvine, California. The company is collaborating with REIT W. P. Carey on the project, according to an announcement.

Photo: Terran Orbital

 “The new facility will propel Terran Orbital to new heights,” Marc Bell, Terran Orbital co-founder, chairman and CEO, said in a statement. “We also look forward to the capacity increase the new facility will create as we continue to onboard contracts and satellite orders.”