Terran Orbital Joins the Mobile Satellite Services Association (MSSA)

Rhea-AI Summary

Terran Orbital (NYSE: LLAP) announced its membership in the Mobile Satellite Services Association (MSSA), an initiative launched in February 2024 to develop direct-to-device (D2D) and IoT connectivity through a global ecosystem of Non-Terrestrial Network (NTN) providers. MSSA aims to integrate L- and S-band spectrum into mobile devices, leveraging 3GPP mobile standards to enhance connectivity across various sectors, such as cellular, industrial, government, agriculture, and automotive. Terran Orbital's CEO, Marc Bell, emphasized the potential of the D2D market and the importance of collaboration in overcoming challenges related to satellite constellation costs. The MSSA focuses on creating technical standards and regulatory frameworks to support seamless integration of terrestrial and satellite networks.

Positive

• Terran Orbital joins MSSA, potentially expanding its market and strategic partnerships.
• MSSA aims to enhance global mobile connectivity, benefiting sectors like industrial and agricultural.
• The association leverages 3GPP mobile standards, ensuring a competitive edge in mobile technology.
• Collaboration in MSSA could reduce satellite production costs, enhancing profitability.

Negative

• Challenges in the business case for satellite constellations could impact long-term success.
• Integration of terrestrial and satellite networks may face regulatory and technical hurdles.
• Initial costs associated with developing and deploying D2D infrastructure might be high.

Industry Stakeholders to Work Side-by-Side to Foster a Unified Ecosystem

BOCA RATON, Fla.--(BUSINESS WIRE)-- Today, Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, announced its membership in the Mobile Satellite Services Association (MSSA). An industry effort to advance the development of direct-to-device (D2D) and IoT connectivity through an ecosystem of Non-Terrestrial Network (NTN) providers that are committed to seamlessly extending mobile coverage globally.

Image Credit: Terran Orbital

MSSA – launched in February 2024 – seeks to develop a global ecosystem utilizing L- and S-band spectrum already allocated and licensed for mobile satellite services (MSS), which is well-suited for integration into a broad range of mobile devices. Through the coordinated deployment of technical standards and enhancement of regulatory frameworks, the MSSA drives new initiatives to foster support for MSS-based services leveraging the 3GPP mobile standards.

The Association’s founding members, along with other ecosystem players, support integrating terrestrial and non-terrestrial networks (NTNs) to deliver scalable, sustainable, and affordable connectivity to any device, anytime, anywhere. Emerging D2D services can expand connectivity and enable competition across multiple large and diverse segments, including cellular, industrial, government, agriculture, automotive, and others.

"The D2D market holds immense potential to transform mobile connectivity," said Marc Bell, Co-Founder, Chairman, and Chief Executive Officer at Terran Orbital. "However, achieving this vision requires overcoming hurdles in the business case for constellations. By joining forces through the MSSA, industry leaders like Terran Orbital can contribute our expertise in efficient satellite manufacturing to bring down production costs and enable the D2D market to flourish. Through collaboration, we can establish best practices and models that ensure the success of this exciting new frontier in mobile connectivity."

"We are growing this open forum for collaborative development of recommended technical specifications and best practices to support an environment for the integration of terrestrial and satellite networks and allow for a seamless roaming experience," said Mark Dankberg, Board Chairman of MSSA. "Attracting organizations like Terran Orbital strengthens our effort to collectively support an emerging D2D ecosystem."

For more information on Terran Orbital, please visit us at www.terranorbital.com and follow us on LinkedIn, Facebook, and Instagram.

For more information on the formation and mission of MSSA, visit the Association’s website: www.mss-association.org and follow us on LinkedIn and X. #MSSAssociation

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240516697009/en/

Juliana Johnson

Public Relations

pr@terranorbital.com

949-508-6404

Heather Chesterman or Mary Placido

Inventures for the Mobile Satellite Services Association (MSSA)

PR@mss-association.org

Source: Terran Orbital

FAQ

What is Terran Orbital's stock symbol?

Terran Orbital's stock symbol is LLAP.

What is the Mobile Satellite Services Association (MSSA)?

The MSSA is an initiative launched in February 2024 to develop direct-to-device and IoT connectivity via Non-Terrestrial Network providers.

Why did Terran Orbital join the MSSA?

Terran Orbital joined the MSSA to contribute its expertise in satellite manufacturing, aiming to reduce production costs and enhance the D2D market.

What sectors could benefit from MSSA's initiatives?

Sectors such as cellular, industrial, government, agriculture, and automotive could benefit from MSSA's connectivity initiatives.

What is the potential impact of MSSA on Terran Orbital's business?

MSSA could expand Terran Orbital's market, reduce production costs, and enhance global connectivity, potentially increasing profitability.