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The company test fires one of its Ripley rocket engines in Colorado.
Ursa Major
A pair of Colorado space companies laid off employees this past week, seeking to adapt to the new normal of a tight funding environment.
The layoffs came at Ursa Major, which makes rocket engines, and Orbit Fab, a startup aiming to provide refueling services to spacecraft.
A person familiar with Ursa Major told CNBC the company let go of 27% of its employees, or about…
