XCOR Aerospace, a company that for nearly 20 years had been working on rocket engines and a suborbital spaceplane, filed for bankruptcy Nov. 8 after it was unable to line up new investors.
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XCOR Aerospace, a company forced to lay off its staff earlier this year when it ran into financial problems, has only weeks left to find an investor willing to rebuild the company or else face liquidation, the company’s chief executive says.
XCOR co-founder joins Deep Space Industries
Doug Jones, formerly chief test engineer at XCOR, will be the director of propulsion systems at Deep Space Industries, a company developing small satellites and other technologies needed for asteroid mining.
Former XCOR CEO blames company problems on lost contract
The former chief executive of XCOR Aerospace told a Senate committee July 18 that the company’s recent financial problems, which led to a layoff of all of its employees last month, could be blamed on a terminated engine development contract.
XCOR Aerospace lays off remaining employees
XCOR Aerospace, a company developing rocket engines and a suborbital spaceplane, has laid off its remaining employees but is continuing efforts to raise funding to maintain at least some of its projects.
XCOR Aerospace CEO nominated for Pentagon post
The White House has nominated the president and chief executive of suborbital spaceplane and engine developer XCOR Aerospace to a top position in the Defense Department.
XCOR lays off employees to focus on engine development
XCOR Aerospace, a company best known for attempting to build a reusable suborbital spaceplane, has laid off a significant fraction of its workforce to focus its resources instead on development of a rocket engine.
Former ULA boss joins XCOR board of directors
Friday’s briefing begins with former ULA boss Mike Gass joining the board of directors of XCOR Aerospace.
XCOR Co-Founders Establish New Company
Three co-founders of suborbital vehicle developer XCOR Aerospace who recently left the company have established a new company, one that was inspired by some of the development challenges they faced at XCOR.
XCOR Aerospace Co-Founders Leave the Company
Three of the co-founders of suborbital spaceplane developer XCOR Aerospace, including the company’s former chief executive, are leaving the company for other pursuits, the company announced Nov. 23.