XCOR: If At First You Don't Succeed ...

XCOR Co-Founders Establish New Company, Space News

"The three left XCOR to found a new company, Agile Aero. That company, which, like XCOR, is based in Midland, Texas, will be focused on addressing a problem Greason says has afflicted XCOR and other aerospace companies: the inability to rapidly develop and test vehicles, be they high-speed aircraft or launch vehicles. "We've seen so many companies run into the same obstacle," he said in an interview. "Once you get past cylindrical designs into vehicles that have lift in the atmosphere, the complexity gets to the point where the ability of people to try things rapidly, and succeed or fail fast, runs out of steam."

XCOR Aerospace co-founders launch new startup: Agile Aero for the next frontier, Geekwire

"Greason noted that the past few years have seen a dramatic uptick in the pace of development for small satellites and rocket engines, but that "nobody has had much luck with rapid-prototyping [advanced aerospace] vehicles, except for making missile shapes." "We don't know exactly how to do it yet, but we have a clear understanding of the challenge," he said."

XCOR Space Expeditions Announces New Ticket Price as Lynx Approaches Completion, XCOR

"XCOR Space Expeditions announced that it will raise the price of a flight aboard XCOR Lynx from $100,000 to $150,000 effective January 1st, 2016."

Keith's note: So ... the guys who founded and ran XCOR are leaving XCOR to start a new company that will solve the problems that they could not solve at XCOR. It does not seem like they have a good track record in that regard (both DeLong and Greason had prominent roles at Rotary Rocket). Just sayin'.

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This page contains a single entry by Keith Cowing published on November 30, 2015 7:02 PM.

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