Terran Orbital Revenue Drops As It Downplays Big Part Of Backlog

Terran Orbital faces a cash crunch, again.

Credit: Terran Orbital
The story Terran Orbital has been selling to investors for years is that, yes, we are losing money, but revenue is growing quickly and it is only a matter of time before we become profitable. But that story broke down in the first quarter of 2024 when the satellite bus manufacturer saw its revenue...

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