Armadillo Aerospace is out of money

armadillo_logo

There is apparently a good reason we have not heard from Armadillo Aerospace since a STIG-B launch back in February. They are effectively out of money and have entered a “hibernation mode”.

“But I’ve basically expended my crazy money on Armadillo, so I don’t expect to see any rockets in the real near future unless we do wind up raising some investment money on it.” -John Carmack

You can read the Full Story here

older Armadillo Aerospace post

 

 

This entry was posted in Daily Journals, Space news and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s