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Lockheed Martin's LM 400 Tech Demo to Prove Out Design and Risk Reduction Efforts on Orbit

1. Lockheed Martin's LM 400 satellite is ready for launch on March 15. 2. This demonstration showcases Lockheed Martin's investment in satellite technology. 3. The LM 400 can serve military, commercial, and civil missions effectively. 4. Launch supports U.S. Space Force's training and readiness programs. 5. Technical advancements aim to ensure adaptability and resilience in space missions.

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FAQ

Why Bullish?

The successful launch of the LM 400 could enhance LMT's market position, similar to past successful satellite launches that spurred investor optimism.

How important is it?

The article highlights immediate product advancements contributing to growth prospects for LMT.

Why Short Term?

The upcoming launch is imminent, offering potential immediate market visibility and investor sentiment boost.

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Spacecraft ready for launch as early as March 15, /PRNewswire/ -- The latest self-funded technology demonstration from Lockheed Martin (NYSE: LMT) is ready to launch no earlier than March 15.In the weeks ahead, the LM 400 technology demonstration is planned to launch on a Firefly Aerospace Alpha rocket, which successfully passed its static fire test today. The technology demonstration arrived in California on March 1, and is now undergoing pre-launch payload processing at Astrotech Space Operations. The LM 400 tech demo at Astrotech Space Operations is now going through final processing in preparation for launch. The satellite was specifically designed to showcase the investment in risk-reduction efforts and pathfinding Lockheed Martin has done for its mid-sized, LM 400 multi-mission satellite bus, and to demonstrate the spacecraft's operational capabilities on orbit for customers. This launch will also be providing a valuable training opportunity for the U.S. Space Force's Space Safari Responsive Space program and the Commercial Augmentation Space Reserve (CASR) construct."As the need for greater resiliency and proliferated architectures grow, we've made a critical investment in this LM 400 technology demonstration to design and illustrate timely and relevant capabilities on-orbit for our customers," explained Jeff Schrader, vice president of Strategy and Business Development for Lockheed Martin Space. "We look forward to our ride with Firefly, and ultimately enhancing the technical and manufacturing readiness of the multi-orbit, multi-mission LM 400 platform."As a platform, Lockheed Martin's LM 400 is the company's most flexible satellite bus, capable of carrying out military, commercial or civil customers' missions. It can be customized to host a variety of missions and high-power payloads – including remote sensing, communications, imaging and radar – and operates in any orbit. The LM 400 is already under contract.About Lockheed MartinLockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.Please follow @LMNews on X for the latest announcements and news across the corporation, and check out @LMSpace to learn more about the latest technologies, missions and people driving the future of space.SOURCE Lockheed Martin WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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