Terran Orbital Opens 60,000 SF Factory Addition in Irvine, CA
Portfolio Pulse from Benzinga Newsdesk
Terran Orbital (NYSE:LLAP) has officially opened a new 60,000-square-foot satellite manufacturing space in Irvine, CA. This addition expands the total size of the manufacturing complex to approximately 98,000 square feet.
September 11, 2023 | 10:31 am
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POSITIVE IMPACT
Terran Orbital's new manufacturing space could potentially increase its production capacity, which may positively impact its financial performance and stock price.
The expansion of Terran Orbital's manufacturing space indicates an increase in production capacity. This could lead to an increase in revenues and profits, which would likely be viewed positively by investors and could lead to an increase in the company's stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100