Masten lays off staff, apparently shuts down

Capitalism in space: The small lunar lander company Masten Space Systems, which for years has worked to develop vertical rocket landing technology and has a $75.9 million contract with NASA to put a rover on the Moon, has apparently furloughed its staff and shut down operations.

The XL-1 lander was originally scheduled to launch in December 2022 bound for a landing at the moon’s south pole. In June 2021, Masten announced an 11-month launch delay to November 2023. The company said the delay was caused by industry-wide supply chain disruptions and the effects of the ongoing COVID-19 pandemic.

CLPS partners are expected to supplement NASA mission funding by carrying payloads for other parties. The source who requested anonymity said that is where Masten’s mission ran into problems. “We ran out of money after grossly underbidding. The estimate was $105 million but I was told that we had found a 30 million dollar private customer who wanted to fly with us,” the source said.

However, that customer later pulled out the venture. Subsequent attempts to fill the gap failed, the source added.

Masten is one of four companies with similar NASA lunar lander contracts. The others, Astrobotic, Firefly, and Intuitive Machines, all have scheduled missions planned, all of which however have been delayed for a variety of reasons.