Space Companies Struggle to Meet Lofty Goals

📆 05/08/2023 18:45:00
📰 WSJ

⏱ Reading Time:
17 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Failures to launch? Newer players in the space industry are cutting jobs, trimming spending and reining in plans

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

Planet Labs, Astra Space and Satellogic have all cut jobs; Virgin Orbit liquidated after laying off hundredsA satellite photo from Planet Labs last month shows construction under way at a naval base in Cambodia.Newer players in the space industry are running up against harsh business realities.Continue reading your article with

Write Comment

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:

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Athleisure is everywhere. Here are the stocks benefiting from a growing love of comfortable clothingNewer stocks with a focus on athleisure are trying to woo consumers looking for comfort.
Source: CNBC - 🏆 12. / 72 Read more »