SaxaVord Owes Contractors Money it Can’t Pay
Published by European Spaceflight on 11/16/2023
Shetland Space Centre Limited owes approximately one million pounds to Shetland-based DITT Construction for the development of SaxaVord spaceport, two sources told European Spaceflight. The company currently does not have the funds to pay the amount after a £139 million debt facility promised by CEO Frank Strang in May failed to materialize. The construction of […]
The post SaxaVord Owes Contractors Money it Can’t Pay appeared first on European Spaceflight.