A court in the Swiss canton of Vaud declared Swiss Space Systems (S3) bankrupt last Wednesday, according to media reports. S3 has been developing an air-launch satellite booster and had planned to offer parabolic aircraft flights to the public later this year. The bankruptcy declaration comes after nearly two years of financial difficulties. Members of the U.S. office departed the company at the end of 2015 after going much of […]

Swiss Space Systems CEO Pascal Jaussi is recovering in the hospital after being set on fire by unknown assailants, according to media reports. He suffered burns over 25 percent of his body. According to the Tribune de Genéve newspaper, Jaussi was abducted and taken to a wooded area in canton Fribourg where he was doused in inflammable liquid and set on fire. The canton’s prosecution service told the Swiss News […]