Sierra Nevad? Is Creating A New Space Company
Sierra Nevada Memo Announcing New Company “Sierra Space”
“To achieve this growth and even greater impact more quickly, today we are announcing our space business area will transition to become an independent, commercial space company – Sierra Space. Our teams and technologies are uniquely positioned to realize this significant current market opportunity to build the new space economy. Sierra Space will remain part of the SNC family as a subsidiary and continue deep cooperation and synergy across customers, technologies, and many shared activities.”
could it be they’re trying to attract ARKX????
Sounds like they’re getting rid of a subdivision that isn’t making them enough money. It might do well, if it does a SPAC and gets some government contracts. Or it might sink and go out of business.