Defense startup True Anomaly cuts about 25% staff, cancels summer internships

Space and defense startups true anomaly We learned that TechCrunch has laid off about 25% of its employees and canceled its summer internship program.

“With our rapid growth over the past two years, we have looked at all aspects of our company to ensure we are focused on our goals and best positioned to execute,” a company spokesperson said. “We identified duplication of roles and functions across the company and therefore reduced headcount. It doesn’t affect our mission.”

TechCrunch was unable to confirm the total number of employees before these layoffs, but reported that True Anomaly had over 100 employees as of December 2023. Denver Business Journal. According to some sources, nearly 30 people have been cut from the workforce. post On LinkedIn, someone let go.

Employees began posting on LinkedIn about the layoffs on April 24th. According to these messages, those affected worked in sales, business development, and recruiting. At least some interns were abruptly told last Friday, April 19, that their summer internship programs were being canceled. The internship was scheduled to begin on June 1st.

Colorado startup celebrates 100 years Completed $100 million funding round Last December. At the time, executives said the company’s workforce had swelled to 107 people. Earlier this month, True Anomaly CEO Even Rogers told TechCrunch. During an interview about the company’s first mission The company is said to be well-capitalized.

True Anomaly wants to modernize space defense with its Jackal spacecraft and Mosaic software platform for command and control operations. The startup envisions using the Jackal in orbit to get close to other objects in orbit, create images, and gather information.

True Anomaly launched its first mission, called Mission did. But this anomaly does little to slow them down. A source told TechCrunch that the company is pushing for at least two more launches within the next 12 months and is aiming for another launch in October.

The person, who has received an internship offer and spoke to TechCrunch on condition of anonymity, said the internship program was canceled because the company did not have the resources to plan and oversee the internship project. He suggested that it may have been. The team also $30 million responsive space deal The company received the award earlier this month, the person said.