Three space companies at risk of running out of cash

on Jan27
by | Comments Off on Three space companies at risk of running out of cash |

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.

A flurry of about a dozen space companies went public over the last few years. Although each have had fairly dismal stock performances since their debuts, the majority are still moving forward and look to build momentum in the year ahead, with some closing in on coveted profitability milestones.

But a trio of names appear likely to go the way of Virgin Orbit, which flamed out last year. Here’s who’s most at risk of delisting, acquisition or even bankruptcy.

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