That was very diplomatically put, Henry. We gave it all we had.
On Thu, Apr 6, 2023, 12:34 AM Henry Spencer <hspencer@xxxxxxxxxxxxx> wrote:
On Thu, 6 Apr 2023, Barry Jolly wrote:
What happened to XCOR Aerospace?
Same thing that happens to a lot of startups, although usually more
quickly: things took longer than expected, available investment was
finite, and they hit the end of the money before they started being
self-supporting.
The predicted flight date for Lynx was "probably next year" for year after
year after year -- pretty obviously the difficulty and cost had been
underestimated -- and the supply of paying outside work on engine
technology (etc.) was uneven and it sometimes came with more headaches
than profit. Eventually things got tight enough that first management got
rearranged and then Lynx was officially put on hold -- bad signs -- and
the hopes of getting things back on an even keel with more engine work
evidently didn't pan out.
Henry