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By Joey Roulette. WASHINGTON (Reuters) - U.S. space startups have slashed workforces and restructured operations to survive amid an investment drought that has grounded once-lofty aspirations.
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Ally are among those shedding staff. ... 24/7 Help. For premium support please call ...
Lawmakers lobbied to preserve JPL’s funding, citing the need to protect jobs and keep the U.S. space program competitive. China has announced a sample return mission of its own to launch in 2028 ...
UTC Aerospace Systems (UTAS) was one of the world’s largest suppliers of aerospace and defense products, headquartered in Charlotte, North Carolina, United States. The company was formed in August 2012 when parent United Technologies Corporation merged their existing subsidiary Hamilton Sundstrand with the newly-acquired Goodrich Corporation .
United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. [1] It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building automation, and industrial products, among others.
Hamilton Sundstrand space suit, on exhibit at the New England Air Museum Hamilton Sundstrand was the prime contractor for NASA ’s space suit/ Primary Life Support System and produced environmental control, life support, mechanical systems, and thermal control systems for international space programs.
Firms announced 55,597 layoffs last month, down 23.7% from the 72,821 announced in September, outplacement firm Challenger, Gray and Christmas said. Layoffs would have been even lower last month ...
ABL Space Systems was founded in 2017 by Harry O'Hanley and Dan Piemont, former SpaceX and Morgan Stanley employees. Their RS-1 rocket has two stages. It offers a maximum capacity of 1,350 kg (2,980 lb) to low Earth orbit (LEO). [3] In 2018, ABL Space Systems signed a lease with Camden County, Georgia, for future operations in Spaceport Camden. [4]