Masten Space Systems Files for Chapter 11 Bankruptcy

Masten’s XL-1 lunar lander was designed science and technology payloads to the Moon’s South Pole. (Credits: Masten Space Systems)

Updated 7/29/2022, 1:24 p.m. PDT: Added statements from NASA and Masten Space Systems. Clarified contract award included paying for launch.

by Douglas Messier
Managing Editor

MOJAVE, Calif. — Masten Space Systems filed for Chapter 11 bankruptcy on Thursday, signaling serious financial distress at the pioneering NewSpace company and putting at risk a NASA-funded mission to send a Masten-built lander to the surface of the moon.

The company said it owed 50 to 99 creditors between $10 to $50 million. Top creditors included SpaceX ($4.6 million), Psionic LLC ($2.8 million), Astrobotic Technology ($2.7 million), NuSpace ($1.7 million), and Frontier Aerospace ($1.2 million).

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Cash-strapped Masten Space Furloughs Employees, Moon Landing Mission at Risk

Masten’s XL-1 lunar lander will deliver science and technology payloads to the Moon’s South Pole. (Credits: Masten Space Systems)

Updated on July 15 to clarify layoffs and furloughs.
Updated on July 15 with a statement from NASA.

by Douglas Messier
Managing Editor

MOJAVE, Calif. — Cash-strapped Masten Space Systems has furloughed all of its staff, putting at risk both the company and a $75.9 million NASA-funded mission to deliver the MoonRanger rover and eight scientific payloads to the lunar surface aboard Masten’s XL-1 lander late next year.

“XL-1 is basically dead. To my knowledge, everyone who was working exclusively on XL1 has been laid off,” a source familiar with the situation told Parabolic Arc in a written response to questions. The source requested anonymity because he was not authorized to speak about the matter.

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NASA Awards $75.9 Million Contract to Masten Space Systems to Deliver Payloads to Moon

Masten’s XL-1 lunar lander will deliver science and technology payloads to the Moon’s South Pole in 2022. (Credits: Masten Space Systems)

WASHINGTON (NASA PR) — NASA has selected Masten Space Systems of Mojave, California, to deliver and operate eight payloads – with nine science and technology instruments – to the Moon’s South Pole in 2022, to help lay the foundation for human expeditions to the lunar surface beginning in 2024.

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