shutdown

ULA and Astrobotic Join Forces to Launch, Countdown Capital Ceases Operations

Tc Space Hero
All eyes are on United Launch Alliance and Pittsburgh-based startup Astrobotic this week, with the two companies gearing up for inaugural missions with huge stakes. The launch features two firsts: the first flight of ULA’s Vulcan Centaur rocket, and the first time Astrobotic is attempting to put hardware on the moon. If Astrobotic is successful, it would be the first time a private company has put a spacecraft on the moon. Countdown Capital, an early-stage venture capital firm focused on hard tech industrial startups, will shut down by the end of March and return uninvested capital, firm founder and solo general partner Jai Malik said in an annual letter. In addition to the ULA/Astrobotic launch mentioned above, this past week also saw the launch of the first six Starlink satellites equipped for direct-to-cell connectivity.

Superpedestrian, Popular Scooter Corporation, Ceasing US Operations and Considering Europe Business Sale

Superpedestrian Link June 2021 San Diego 40 3 Scaled 1
Superpedestrian, the e-scooter startup known for its self-diagnostic software, is shutting down its U.S.-based shared scooter operation and exploring a sale of its European business, TechCrunch has exclusively learned. The company’s director of US operations, Alexander Berg, confirmed the news to his team Friday afternoon on a Zoom call. Superpedestrian itself has gone through a series of layoffs, including one just months after closing its Series C round. Superpedestrian used technology, and specifically diagnostic and safety software, to differentiate it from rivals like Bird and Tier. Superpedestrian had planned to build and roll out new scooters equipped with its branded Pedestrian Defense to 25 cities across the United States and Europe in 2022.