In an unprecedented move, both Planet and Astra, two leading private space exploration companies, have announced layoffs and a retirement for their flagship rocket, Max Q. It marks a major setback for the highly competitive space exploration industry. The layoffs of 393 Planet and Astra employees came after purported financial losses from the unsuccessful launch… Continue reading rocket retirement
Tag: retirement
rocket retirement
It has been a tumultuous week for aerospace startup Planet and its subsidiary Astra. In a double setback for the companies, they have announced both the ending of a major rocket project and a substantial round of layoffs. The project in question is the Max Q rocket, a two-stage booster that was intended to launch… Continue reading rocket retirement