Space firm founded by billionaire Paul Allen closing operations
This is on the heels of Stratolaunch deciding not to pursue the design and development of their own launch vehicle in January of this year.(1)Instead they pivoted to customizing their massive airframe to launching Norththrop's Pegasus XL rockets.Editorializing I'd guess that Paul Allen's estate pushed the company to figure out if there was a short term commercialization opportunity with Northrop, found there wasn't, and is cutting their losses.Tough to be a space faring startup without a billionaire sponsor bankrolling you as a passion project.(1) https://spacenews.com/stratolaunch-abandons-launch-vehicle-p...