News Formal

The Company NASA's Hired to Build the Next Space Station Seems to Be in Big Trouble, Firing 100 Employees and Unable to Pay Bills

  • 📰 futurism
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Science and Technology News and Videos

The Company NASA's Hired to Build the Next Space Station Seems to Be in Big Trouble, Firing 100 Employees and Unable to Pay BillsAxiom Space, the space company NASA picked to develop a private successor to the International Space Station, is in big trouble., the startup is struggling to pay the bills and has laid off at least a hundred employees, while cutting the pay of those who remain.

In other words, the company is quickly running out of time and is years behind schedule. As a result, Axiom Space was forced to "radically change the design" of the station, per' reporting, investors are balking at funding the development of a much smaller station that could end up being less commercially lucrative — and possibly even more expensive.— from its plans to build a space station.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 85. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Company hired NYC schools chancellor's brother, then earned $1.4M in contracts21stCentEd turned to Terence Banks to expand its presence in New York City's public schools.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Company hired NYC schools chancellor's brother, then earned $1.4M in contracts21stCentEd turned to Terence Banks to expand its presence in New York City's public schools.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Company hired NYC schools chancellor's brother, then earned $1.4M in contracts21stCentEd turned to Terence Banks to expand its presence in New York City's public schools.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Company hired NYC schools chancellor's brother, then earned $1.4M in contracts21stCentEd turned to Terence Banks to expand its presence in New York City's public schools.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Company hired NYC schools chancellor's brother, then earned $1.4M in contracts21stCentEd turned to Terence Banks to expand its presence in New York City's public schools.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Company hired NYC schools chancellor's brother, then earned $1.4M in contracts21stCentEd turned to Terence Banks to expand its presence in New York City's public schools.
Source: NBCNewYork - 🏆 270. / 63 Read more »