[ad_1] A view from onboard the upper stage of rocket LV0009 during the company’s livestream on March 15, 2022. Astra / NASASpaceflight The space sector’s on the tail end of a boom-and-bust cycle. While many companies battened down the hatches to survive, a few publicly-traded names are running on fumes. …
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Space company Momentus, once valued at more than $1 billion, is running dangerously low on money
[ad_1] An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Space company Momentus warned shareholders in a securities filing on Friday that the company is running out of money and does not have a financial lifeline. Momentus, once valued at more than $1 billion …
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