Virgin Galactic is laying off a yet-undefined number of employees in "a strategic realignment" of resources.
Company reports Q3 results tomorrow after hours, with "additional details" to come.
Internal memo from CEO Michael Colglazier:
Virgin Galactic is laying off a yet-undefined number of employees in "a strategic realignment" of resources.
Company reports Q3 results tomorrow after hours, with "additional details" to come.
Internal memo from CEO Michael Colglazier:
Amazon update: Project Kuiper satellites are healthy
KuiperSat-1 and KuiperSat-2 "are fully activated, generating power independently, and communicating with our mission operations center."
https://www.aboutamazon.com/news/innovation-at-amazon/amazon-project-kuiper-latest-updates #space
Viasat expects to file insurance claims for both the ViaSat-3 Americas and I6 F2 satellites before year end, claims together totaling $768 million.
https://www.cnbc.com/2023/10/12/viasat-wont-replace-damaged-americas-satellite-improves-financial-targets.html
Here's what industry executives told me about the state of the space insurance market last month: https://www.cnbc.com/2023/09/14/investing-in-space-industry-enters-new-era.html
Rocket Lab's Neutron got a design update: