Terran Orbital Reports an Excess of $70 Million Year-End Cash Balance

Receives Payment From Rivada as Year Begins

Terran Orbital Corporation has pre-announced its 2023 year-end cash balance.

Terran Orbital expects to report an excess of $70 million in cash and cash equivalents as of December 31, 2023, compared to cash and cash equivalents of $38.7 million as of September 30, 2023, primarily resulting from the receipt of key customer payments at year-end. “We are ent…