SaxaVord Owes Contractors Money it Can’t Pay

By Andrew Parkinson, Published by European Spaceflight, 16 November 2023 Shetland Space Centre Limited owes approximately one million pounds to Shetland-based DITT Construction for the development of SaxaVord spaceport, two sources told European Spaceflight. The company currently does not have the funds to pay the amount after a £139 million

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How long will Jeff Bezos continue to subsidize his New Shepard rocket?

By Eric Berger, Published by arsTechnica, 3 November 2023 "It's definitely a money loser. Always has been." Virgin Galactic smoothly completed its sixth human spaceflight in six months on Thursday, continuing an impressive cadence of missions with its VSS Unity spacecraft. This performance has made the company the clear leader in suborbital space tourism.

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