Terran Orbital Gets Investment From Lockheed Martin

Irvine-based Terran Orbital, a developer of nanosatellite technology, has received a strategic funding round from Lockheed Martin, via Lockheed Martin Ventures. Financial details of the funding were not announced. Lockheed announced the investment on Friday. Terran Orbital is focused on nanosatellite design, development, manufacturing, testing and launch, and is led by CEO Tony Previte.