Spaceflight 🚀Apr 22, 2023

#Reuters 📆 April 18, 2023 The #rocket industry faces an interesting #dichotomy. Demand has surged from launching a few satellites 🛰️ on small rockets to launching swarms of #satellites at once using bigger #rockets, but U.S. #RocketStartups are taking drastic measures to survive a tight funding environment where fears have been exacerbated by the bankruptcy of #VirginOrbit. https://www.reuters.com/technology/rocket-startups-face-adapt-or-die-moment-amid-investment-drought-2023-04-17

#SpaceStartups #Firefly #RelativitySpace #Astra #SpaceCapital

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

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.

Reuters