A report in Germany’s Handelsblatt newspaper says that Munich-based Rivada Space has not been paying salaries on time this year and has outstanding bills to at least four suppliers. The is said to not be the first time that there have been delays. The newspaper quotes a letter from CEO Declan Ganley, sent on June […]

Anxieties over Germany-based Rivada Space’s ability to pay certain milestone payments to satellite builder Terran Orbital have created serious headaches for Terran. A statement from Terrain on January 2nd said that “Rivada is up to date on invoices” for its order of 300 satellites. The news went down very well on the New York Stock […]