Paul Allen's Stratolaunch reported to be abandoning plans to develop new family of rockets

clock
Stratolaunch airplane has a wingspan of 117 metres and is the largest airplane in the world. Image: Stratolaunch
Image:

Stratolaunch airplane has a wingspan of 117 metres and is the largest airplane in the world. Image: Stratolaunch

Stratolaunch looking at laying off more than 50 employees in coming days, suggest reports

Stratolaunch, the Seattle-based company founded by the late billionaire Paul Allen, co-founder of Microsoft, is reportedly ending work on new launch vehicles and rocket engines. The reports also suggest...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

More on Cloud and Infrastructure

Only a third of financial firms are storing half or more of their data and apps in the cloud

What are the challenges facing financial services organisations when striving for full cloud adoption?

Many financial services organisations are built on legacy tech, and moving to the cloud is no simple task - but it is important

Computing Staff
clock 19 January 2022 • 7 min read
Regulators are working with the Bank of England to assess the potential risks to the UK's financial sector

Cloud giants to face greater scrutiny from UK financial regulators

Regulators are concerned about the over-reliance of the UK's financial sector on just three cloud providers

clock 12 January 2022 • 2 min read
AWS blames 'network congestion' for the second outage this month

AWS blames 'network congestion' for this month's second outage

It was the second outage of the month, affecting many sites and services

clock 20 December 2021 • 3 min read