Space and defense startup True Anomaly TechCrunch has learned that it has laid off approximately 25% of its workforce and canceled its summer internship program.
“As we have grown rapidly over the past two years, we have looked at every aspect of our company to ensure we are focused on our goals and best positioned to achieve them,” a company spokesman said. “We found duplication of roles and functions throughout the company, so we reduced employment. This will not impact our ability to execute customer contracts or our mission to ensure the safety and sustainability of space.”
While TechCrunch could not confirm total headcount before the layoffs, True Anomaly had more than 100 employees as of December 2023, the website reported. Denver Business Journal. Almost 30 people were dismissed from their jobs, according to a post on LinkedIn he let go of one of the people.
Employees began posting about layoffs on LinkedIn on April 24; According to these accounts, those affected worked in sales, business development and recruitment. At least some interns were suddenly told that the summer internship program was canceled last Friday, April 19. The internship was supposed to start on June 1.
Colorado Centennial Startup closed a $100 million financing round Last year in December; management said at the time that its employee count had grown to 107. Earlier this month, True Anomaly CEO Even Rogers told TechCrunch during a job interview during the company’s first mission that the company was “well capitalized.”
True Anomaly hopes to modernize space defenses with the Jackal spacecraft and the Mosaic software platform for command and control operations. The startup envisions using the Jackals in orbit to approach, image and gather intelligence about other objects in orbit.
True Anomaly launched its first mission, called Mission X, on March 4, though it ended early when the company failed to establish reliable communication with two spacecraft deployed in orbit. However, the anomaly does not snail-paced them down. The startup is aiming to launch at least twice as many in the next 12 months, with another launch scheduled for October, one of the people told TechCrunch.
This person was offered an internship and spoke to TechCrunch on the condition of anonymity, claiming that a technical recruiter suggested that the internship program was canceled because the company did not have the human resources to organize and supervise the internship project. The team is also starting work on $30 million responsive space contract that the company was awarded earlier this month, this person said.
