The US military seems to be getting nervous about the launch supply crunch
Summary
Defense officials are growing concerned about potential national security risks as SpaceX prepares to wind down its reliable rocket program. In response, the Pentagon is shifting its strategy to financially support commercial space transportation companies and prevent future supply shortages.
The US military is taking a new approach to prop up commercial launch companies as SpaceX looks to wind down its Falcon rocket program, suggesting defense officials see the workhorse rocket's retirement as a potential national security risk. The Pentagon's Office of Strategic Capital has twice in the last two weeks announced it was sending cash to two of SpaceX's…
Source: Read the full story at Ars Technica - All content
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.