The Company Building NASA's Next Space Station Says Things Are Actually Going Great Even Though It's Firing 100 Employees and Can't Pay Its Bills

The Company Building NASA's Next Space Station Says Things Are Actually Going Great Even Though It's Firing 100 Employees and Can't Pay Its Bills

According to the report, which includes an interview with Axiom Space's billionaire CEO Kam Ghaffarian, the company had to lay off "about 100" employees, and those who remained were hit with significant pay cuts. Adding to the trouble, according toThe company's work on a replacement for the International Space Station is years behind schedule and may not arrive until the station is.

Beyond a significant cash squeeze and being many years behind schedule, Axiom Space has seen a litany of upper executives leave the company, including its co-founder and former CEO Michael Suffredini, whosell uber-expensive seats to the ISS "Turns out that there's not a lot of billionaires that want to set aside their life for 18 months to go train to be an astronaut for the ISS," a former Axiom executive told

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

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Grenfell Tower fire inquiry says U.S. company Arconic 'deliberately concealed' dangers of building materialsAn inquiry into the 2017 Grenfell Tower fire in London that killed 72 people says U.S. company Arconic hid the dangers of its building materials.
Source: CBSNews - 🏆 87. / 68 Read more »

NASA decision against using a Boeing capsule to bring astronauts back adds to company’s problemsBy DAVID KOENIG NASA’s announcement Saturday that it won’t use a troubled Boeing capsule to return two stranded astronauts to Earth is a yet another setback for the struggling company, …
Source: denverpost - 🏆 13. / 72 Read more »

Lunar company Intuitive Machines' stock jumps nearly 60% after NASA moon satellite contractNASA said the company was the sole awardee for a “lunar relay systems” contract, which has a maximum total value of $4.82 billion over five years.
Source: NBCLA - 🏆 319. / 59 Read more »

NASA decision against using a Boeing capsule to bring astronauts back adds to company's problemsNASA says it won't use Boeing's Starliner capsule to bring two stranded astronauts back to Earth.
Source: ksatnews - 🏆 442. / 53 Read more »

NASA decision against using a Boeing capsule to bring astronauts back adds to company's problemsNASA says it won't use Boeing's Starliner capsule to bring two stranded astronauts back to Earth.
Source: wjxt4 - 🏆 246. / 63 Read more »