From CNBC:

The space sector is experiencing the tail end of a boom-and-bust cycle, with a few publicly-traded names at risk of delisting, acquisition, or bankruptcy.

Momentus, a space tug operator, has warned shareholders that it’s running out of money and may face bankruptcy if it doesn’t find a major new backer or buyer.

Astra, which has been nearly out of cash since October, has been conducting piece-meal financing rounds and is in a cash-desperate situation.

Sidus Space, a little-known space company, has seen minimal revenue growth and rising annual net losses, with a valuation of around $9 million.

Satellogic, a satellite imagery company, has substantial doubt of surviving, with its stock trading near $1.50 at a $21 million valuation.

Despite these challenges, overall investment in the space sector bounced back in 2023, with companies bringing in $12.5 billion in investment last year, and many space stocks are not on death’s door.



Read more: Three space companies at risk of running out of cash