Struggling XCOR Aerospace has laid off its remaining employees in Mojave, Calif. and Midland, Texas.
“Due to adverse financial conditions XCOR had to terminate all employees as of 30 June 2017,” the company said in a statement. “XCOR management will retain critical employees on a contract basis to maintain the company’s intellectual property and is actively seeking other options that would allow it to resume full employment and activity.”
The move follows the news last month that CEO Jay Gibson was leaving the company after President Donald Trump nominated him for a high-level position at the Department of Defense. Gibson left the company at the end of June.
XCOR hired Gibson in March 2015 to replace founder Jeff Greason. The objective was for Gibson to focus on the business side while Greason focused on completing construction on the two-seat Lynx suborbital space plane.
That arrangement did not work out. By November, Greason and two other founders, Dan DeLong and Aleta Jackson, had left the company to found Agile Aerospace.
Greason, DeLong, Jackson and Doug Jones founded the company in 1999 after being laid off from Rotary Rocket.
In May 2016, XCOR laid off about 25 employees — roughly half of its workforce — and suspended work on the Lynx. The company has since refocused its energies on its rocket engine work.
XCOR had been working on an upper stage for United Launch Alliance’s Vulcan launch vehicle.
There’s been a lot of speculation since the election on what president-elect Donald Trump will do with the nation’s civilian and military space programs.
Two Trump advisors laid out some goals before the election: more commercial partnerships, boosting defense spending, increasing hypersonics and slashing NASA Earth science. However, most details remain unclear.
A key question is whether Trump really cares about space all that much. That’s a little hard to discern given his comments during the campaign.
When first questioned on the subject, he expressed a preference for fixing potholes in America’s crumbling streets over sending people to Mars. Trump has promised a large infrastructure repair program.
During a visit to Florida, he attacked the Obama Administration for allegedly wrecking NASA and the space program. During another appearance in the Sunshine State about a week later, Trump praised the space agency for how well it was performing.
So, NASA is either doing great, a disaster that needs to be made great again, or an obstacle to pothole repair. Assuming Trump actually cares, and he’s willing to spend some money on making NASA great again, what might he do? What major decisions does he face? (more…)
Fifteen teams have made it to the finals of a NASA and National Institute of Aerospace (NIA) sponsored competition that challenged university students to think about the conditions astronauts will face when we return to the moon, then design projects that could become part of real lunar exploration.
Russian technicians have rolled out a Soyuz rocket to the launch pad for an historic liftoff that will send the first South Korean and the first second-generation cosmonaut into orbit.
Yi So-yeon, a South Korean bioengineering student, will join cosmonauts Sergei Volkov and Oleg Kononenko on a Soyuz TMA-12 flight to the International Space Station.
Volkov is the first second-generation space explorer. His father Alexander logged 391 days in space on three flights during the 1980’s and 1990’s. He was on hand Saturday to watch his son’s Soyuz rocket rolled out to the launch pad under a clear blue sky.