A key NASA commercial partner faces severe financial challenges
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A key NASA commercial partner faces severe financial challenges
https://arstechnica.com/?p=2050287
"The business model had to change."
https://arstechnica.com/?p=2050287
"The business model had to change."
That's tough to hear. I had high hopes for Axiom. Space is a brutal industry. You can't run a private company the same way you run a government program.
The hope was that they could be cheaper, faster, and more efficient than if NASA developed the suits and station themselves. Axiom underbid, either on purpose to win the contract, or accidentally. This is where the firm fixed price model might be breaking down for NASA.