this post was submitted on 02 Feb 2025
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[โ€“] [email protected] 11 points 10 hours ago (1 children)

Yeah looks like they ran out of money.

[โ€“] [email protected] 1 points 1 hour ago

Actually, I stand corrected. It looks like they raised $11.5 million a few months ago and are working on a ruggedized little satellite that would survive their centrifuge.

Also, "founder and CEO Jonathan Yaney left the company" ?

https://techcrunch.com/2024/12/03/once-buzzy-space-startup-spinlaunch-raises-11m-but-hoped-to-raise-more-sources-say/

https://payloadspace.com/spinlaunch-raises-11-5m-to-hurl-more-spacecraft-into-the-sky/

https://youtube.com/watch?v=g-DjBHroA1I