Terran Orbital Corporation has congratulated its customer Rivada Space Networks for receiving a waiver from regulators at the International Telecommunications Union (ITU).
As per Rivada press release, the regulator’s waiver process sought evidence of Rivada’s financing for the project and information regarding satellite manufacturing and launch contracts with its key vendors, including Terran Orbital. The ITU waived a requirement for Rivada to put the first 10% of its planned satellite constellation into orbit by September 2023.
The waiver enables Terran Orbital to continue the development and manufacture of its initial tranche of satellites for Rivada. The [$2.4 billion (€2.19 billion)] contract calls for Terran Orbital to design and build 300 satellites, each weighing approximately 500 kilograms, with Rivada holding an option for a second tranche of 300 satellites.
Rivada’s two planned LEO (low Earth orbit) constellations will comprise a communications network it calls the OuterNET. The programme aims to produce a global network of laser-connected non-geostationary orbit satellites to provide secure, global, end-to-end enterprise-grade data connectivity with low latency for a host of customers in the telecom, enterprise, maritime, energy and government services sectors.
Terran Orbital chairman and CEO Marc Bell, says “Terran Orbital congratulates Rivada on meeting the ITU’s stringent waiver review requirements. Terran Orbital is working with Rivada to forge a new market for low-Earth orbit satellites that provide fast, dependable telecommunications services for various enterprise and government customers across markets and countries.”
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