Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defensive industries, announced today that CAPSTONE™, a satellite manufactured by Terran Orbital for Advanced Space’s NASA lunar mission, has been named a winner in the 2024 BIG Innovation Awards presented by the Business Intelligence Group.

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2024 BIG Innovation Award for CAPSTONE™

“At Terran Orbital, we aim to keep innovation at the forefront of our company’s mission. Receiving recognition for this is an honor, and we will continue our commitment to being a leader in the space,” says Marc Bell, Co-Founder, Chairman, and Chief Executive Officer at Terran Orbital.

“Innovation is driving our society,” said Maria Jimenez, Chief Nominations Officer of the Business Intelligence Group. “We are thrilled to be honoring Terran Orbital as they are leading by example and improving the lives of so many.”

Organizations from across the globe submitted their recent innovations for consideration in the BIG Innovation Awards. Nominations were then judged by a select group of business leaders and executives who volunteer their time and expertise to score submissions.

About Terran Orbital

Terran Orbital is a leading manufacturer of satellite products primarily serving the aerospace and defense industries. Terran Orbital provides end-to-end satellite solutions by combining satellite design, production, launch planning, mission operations, and on-orbit support to meet the needs of the most demanding military, civil, and commercial customers. Learn more at www.terranorbital.com.

About Business Intelligence Group

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

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