Terran Orbital Corporation (NYSE:LLAP) Q3 2022 Earnings Conference Call November 9, 2022 11:00 AM ET
Company Participants
Jonathan Siegmann - Senior Vice President, Corporate Development
Marc Bell - Co-Founder, Chairman and Chief Executive Officer
Gary Hobart - Chief Financial Officer
Conference Call Participants
Elizabeth Grenfell - Bank of America
Austin Moeller - Canaccord Genuity
Erik Rasmussen - Stifel, Nicolaus & Company
Joshua Sullivan - The Benchmark Company
Gregory Konrad - Jefferies
Michael Crawford - B. Riley Securities
Robert Spingarn - Melius Research
Alex Owen - Fuel Venture Capital
Operator
Hello, and welcome to today's Terran Orbital 3Q 2022 Earnings Call. My name is Elliot, and I'll be coordinating your call today. [Operator Instructions]
I would now like to hand over to our host, Jonathan Siegmann, Senior Vice President of Corporate Development. The floor is yours, please go ahead.
Jonathan Siegmann
Thank you, Elliot. Good morning, everyone, and thank you for joining Terran Orbital's Third Quarter 2022 Earnings Call. With me this morning from Terran Orbital are Marc Bell, Co-Founder, Chairman, Chief Executive Officer; and Gary Hobart, Chief Financial Officer. Marc will provide a business update and highlights for the quarter, and then Gary will review the quarterly results. Terran Orbital’s executive team will then be available to answer your questions.
During today's call, we may make certain forward-looking statements. These statements are based on our current expectations and assumptions, and as a result, are subject to risks and uncertainties. Many factors could cause actual events to differ materially from forward-looking statements made on this call. For more information about these risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission, each of which can be found on our website, www.terranorbital.com. Readers are cautioned not to put any undue reliance on forward-looking statements, and the company specifically disclaims any obligation to update the forward-looking statements that may be discussed during this call.
Please also note that we will refer to certain non-GAAP financial information on today's call. You can find reconciliations of the non-GAAP financial measures with the most comparable GAAP measures in our earnings press release. With that, I will turn it over to Marc.
Marc Bell
Thank you, Jon, and good morning, and thank you to everyone for joining our third quarter 2022 earnings conference call. I am thrilled to update you on our results and our latest operational highlights from the quarter, the macro environment for our solutions and the exciting $100 million investment in new strategic cooperation agreement with our partner, Lockheed Martin. Then Gary will provide more detail on our financial results and strategic investment, and then we'll be happy to take your questions.