- Shares of spacecraft manufacturer Terran Orbital rose Monday after the company added $100 million via an investment from existing shareholder Lockheed Martin.
- Terran noted that the investment comes with a new cooperation agreement “to pursue a wider variety of opportunities” alongside the defense giant.
- CNBC previously reported that Terran was among the space SPAC stocks seeking capital, with several companies facing a cash crunch.
Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: CNBC