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XCOR Aerospace Files Chapter 7 Bankruptcy
- JabavuAdams 9y agoAnyone with a few tens of $M kicking around might want to look at this. Sad. I remember following these guys back in 2000, during the birth of the New Space movement. I really liked the operational concept behind their tea cart engine: https://xcor.com/propulsion/research-development/ https://xcor.com/propulsion/research-development/ Hard to believe they were founded 18 years ago.
- Gravityloss 9y agoI guess they never got enough money to do a lot of things.
- JabavuAdams 9y agoI remember when the New Space guys and gals would laugh at Elon Musk for spending > 100M, comparing him to old-space. I think the lesson is that to do space on the cheap you need 100M, not 10M.