Terran Orbital (NYSE:LLAP) Chairman & CEO Marc Bell and Chief Financial Officer Gary Hobart join Natalie Stoberman from the Proactive studio to discuss record revenues from company's 2022 and fourth quarter financial results.
Hobart says the company generated a record $94.2 million of revenue in 2022 which amounts to an increase of 130% year-over-year. In addition, Terran Orbital (NYSE:LLAP) has also delivered a record 19 satellites, including ten satellites for the Transport Layer of the Space Development Agency which has contributed to a backlog of $170.8 million at year end, an increase of 131% year-over-year, not including the $2.4 billion Rivada order.