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Sunday, July 25, 2021

A space company’s Wall Street launch misfires


A space company’s Wall Street launch misfires



A space-transportation company trying to go public didn’t tell potential investors that its satellite-hauling technology failed, that it lost contact with a satellite in space and that its Russian founder had been deemed a national-security risk by the U.S. government, the Securities and Exchange Commission said.

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Typhoo Tea teeters on the brink of administration

The loss-making firm is attempting a turnaround amid a break-in and fire at its former factory. from BBC News https://ift.tt/GcCuKjJ