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
China launches two navigation satellites
Posted: Sun, Jan 14 5:44 PM ET (2244 GMT)

Arianespace plans a record number of launches in 2018
Posted: Sun, Jan 14 5:43 PM ET (2243 GMT)

Orbital ATK wins Galaxy 30 order
Posted: Sun, Jan 14 5:42 PM ET (2242 GMT)

news links
Friday, January 19
Countdown: Rocket Lab gets ready to launch
New Zealand Herald — 6:54 am ET (1154 GMT)
Atlas V rocket launch scrubbed for technical issue
Spectrum News — 6:51 am ET (1151 GMT)


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