🚀 Interesting Space Society! 🌌
Lately I've been following the so-called "penny stock" or penny stocks. I came across a very interesting company called Terran Orbital $LLAP+2.4%. 🛰️🌐
Terran Orbital…
LLAPTerran Orbital is a global leader in satellite products primarily serving the aerospace and defense industries. Terran Orbital provides comprehensive satellite solutions by combining design, manufacturing, launch planning, mission operations and on-orbit support to meet the needs of the most demanding military, civilian, commercial customers and even NASA! 🚀💡
Today, the company announced a contract for $15.2 million from the U.S. Space Force. This contract is for the delivery of a class of satellites Ambassador. These are satellites with solar panels and support equipment for a research laboratory. 📡
The company also has a large order backlog of 2.6 billion dollarswhich at market capitalization $240 million is respectable. According to analysts, fulfilling existing contracts would generate 2025 in 2025. $1 billion.
Lockheed Martin $LMT is the largest customer of satellites from this company , which has 28,3% stake in the company. 🌐🤝
Anyone following any "penny" stocks? I know someone is targeting them directly, obviously it's a huge risk but you can make a nice profit on some of them. 💸📈