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

📆 17/04/2023 17:15:00
📰 Reuters

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Demand 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.

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.

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Heading 2 where?

Pls contact isro they will send the rocket in 1/10th cost

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