Terran Orbital Receives Certificate Of Occupancy For Its Previously Announced New Assembly Facility, Located At 4 Goodyear In Irvine, California
Portfolio Pulse from Benzinga Newsdesk
Terran Orbital has received a Certificate of Occupancy for its new 94,000 square foot assembly facility in Irvine, California. This facility will significantly increase the company's space vehicle assembly, integration, and testing capabilities by over three times its current capacity.
July 25, 2024 | 9:31 pm
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Terran Orbital's new facility in Irvine, CA, will significantly boost its space vehicle assembly, integration, and testing capabilities, potentially enhancing its production efficiency and market position.
The new facility will more than triple Terran Orbital's current capacity for space vehicle assembly, integration, and testing. This expansion is likely to improve production efficiency and strengthen the company's market position, positively impacting its stock price in the short term.
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