spacetoday.net: space news from around the webin association with SpaceNews


XCOR Aerospace lays off employees
Posted: Sun, Jul 9, 2017, 7:49 AM ET (1149 GMT)
XCOR Lynx vehicle illustration (Mike Massee/XCOR) XCOR Aerospace has laid off its remaining employees, but investors and management are still trying to keep the company alive. The company's acting CEO said July 5 that XCOR terminated its employees last Friday, citing "adverse financial conditions," but will retain a small number of critical employees as contractors. The company laid off nearly half of its workforce last year as it suspended work on a suborbital spaceplane to focus on a engine development contract. XCOR is "actively seeking other options" to keep at least some of the company's projects alive.
<<previous article   next article>>
news in brief
Soyuz launches 73 satellites
Posted: Sun, Jul 16 9:02 AM ET (1302 GMT)

Pace appointed to be executive secretary of space council
Posted: Sun, Jul 16 9:00 AM ET (1300 GMT)

House passes defense bill with Space Corps provision
Posted: Sun, Jul 16 8:59 AM ET (1259 GMT)

news links
Saturday, July 22
Eyes Wide Open for MASCARA in Chile
ESO — 9:51 am ET (1351 GMT)
Lockheed Martin Reports Second Quarter 2017 Results
Lockheed Martin — 9:49 am ET (1349 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list