Astra has laid off 25% of its workforce since the beginning of the quarter and is reallocating at least 50 engineers and manufacturing staff away from its launch business to focus on spacecraft production, the company said Friday. The reallocation and layoffs are expected to delay testing of the under-development Rocket 4 and Launch System 2.0, Astra said. Astra, which is facing dwindling cash reserves, is no doubt looking for a way to further reduce operating expenses while also bolstering its spacecraft engine business, the only business unit that currently has a near-term chance of generating revenue.
Astra Exploration Inc. is pleased to provide an update of its exploration operations in northern Chile. Highlights: The defining of a drill-ready copper porphyry target consisting of a large, coherent chargeability high corridor coincident with. - Veroeffentlicht am 01.08.2023
Max Q: Astra Spacecraft Engines, Inc techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.
8 Best Penetration Testing Tools and Software for 2023 techrepublic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techrepublic.com Daily Mail and Mail on Sunday newspapers.