Defense startup True Anomaly lays off around 25%, cancels summer internship
Reading Time: < 1 minutes‘With our rapid growth over the past two years, we looked at every aspect of our company to make sure we are laser focused on our goals and best positioned to execute,’ a company spokesperson said. ‘We identified the duplication of roles and functions across the company, and as such, reduced our headcount. This won’t impact our ability to execute on our contracts with customers or on our mission to bring security and sustainability to the space domain.’
Employees started posting on LinkedIn about the layoffs on April 24; according to those messages, people impacted worked in sales, business development and recruiting. At least some interns were abruptly told the summer internship program was canceled last Friday, on April 19, as well. The internship was set to start on June 1.
True Anomaly hopes to modernize space defense with its Jackal spacecraft and Mosaic software platform for command and control operations. The startup envisions using Jackals on orbit to approach, image and gather intelligence on other objects in orbit.
Ref: techcrunch
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