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DeutschThe company, which had launched NASA rockets from the NT, has ceased operations with debts including the $5 million owed to the territorial government. The collapse represents a significant setback for Australia's burgeoning space industry ambitions.
Space Start-up Collapses, Owes NT $5m
A space start-up once hailed as Australia's future in launches has collapsed into liquidation, leaving $5 million owed to the Northern Territory government.