The destruction of a flight-ready RS1 booster after a static test fire on July 19 left ABL Space short on resources, prompting layoffs.
Credit: ABL Space Systems
Aiming to pare costs and reorganize its small-satellite launch business, startup ABL Space Systems has cut an undisclosed percentage of its workforce as it attempts to recover from a ground-based accident in July that claimed a flight-ready booster. “It’s a tough day for many in our company,” ABL...
Subscription Required
Startup ABL Space Reduces Workforce is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.
Not a member? Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.
Related Content
