Rocket startups face adapt-or-die moment amid investment drought

Firefly and Astra have added other business lines to make up for lost revenue, while Relativity has said its 3D printers used in rocket construction will be eventually employed for other products.

"I know Firefly's management is very proud and vocal about Blue Ghost, but let's hope they can walk the walk without the Ukrainians," Noosphere founder Max Polyakov told Reuters. Shared missions to space on SpaceX's Falcon 9 rockets, a cheaper, so-called rideshare option for satellite companies that helped kill the business case for small rockets, have taken some of that demand, but much of it remains.

Unless you have deep pockets and govt contracts keep away , tourism is on the back burner

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Virgin Orbit was a promising company that could never find a working business modelVirgin Orbit targeted the small satellite launch market, catering to customers whose satellites weighed up to 500 kilograms or 1,100 pounds. Because it wasn’t promising because space x launch costs were much cheaper They got f&cked in the end What was promising about Orbit? How large of a market is there for $250,000 sub-orbital trips?
La source: CNBC - 🏆 12. / 72 Lire la suite »

Analysis: Rocket startups face adapt-or-die moment amid investment droughtDemand for sending satellites into space remains strong, but U.S. rocket startups are taking drastic measures to survive a tight funding environment where fears have been exacerbated by the bankruptcy of Virgin Orbit. Pls contact isro they will send the rocket in 1/10th cost Heading 2 where?
La source: Reuters - 🏆 2. / 97 Lire la suite »