Satellites are sent out into space to make "fly bys" of planets, moons, and objects in the outer solar system,

True or False

You'd have to say that the statement is false. It's a matter of wording.

The things called "satellites" are designed to enter orbit of something ...

usually the Earth, but it could be another body.

The spacecraft that are designed to "fly by" something and then keep going

are usually called "space probes", not "satellites".