From Nasdaq:

Terran Orbital Corporation has received a long due payment from Rivada Space Networks, a Germany-based satellite communication provider. This payment will increase Terran Orbital’s cash balance significantly, and is expected to boost investor confidence.

Terran Orbital has been contracted to develop 300 satellites, making Rivada the company’s largest customer. It is set to report an excess of $70 million year end cash balance as a result.

Other stocks to consider include NVIDIA Corporation, United States Cellular Corporation, and Workday Inc., all of which have strong earning surprises and favorable Zacks Ranks. These companies have been performing well and are expected to continue doing so.

Overall, Terran Orbital Corporation’s financial stability and strong performance is a promising sign for its future growth and for the space and defense industry as a whole.



Read more: Terran Orbital (LLAP) Cash Balance Surges Post Rivada Payment