Topics

Space
Orbital Sciences vows comeback after rocket explosion
Orbital Sciences vows comeback after rocket explosion

Executives from Orbital Sciences Corp. tried to reassure investors Wednesday that the company would withstand the explosion of its unmanned rocket bound for the International Space Station. “Certainly a failure like this is not helpful,” David Thompson, chairman of Orbital, said during a conference call with Wall Street analysts. “Orbital has experienced adversity in the past,” he said, “and the company has emerged stronger.” Thompson said he was confident that the Dulles, Va.-based company could do that again. The explosion Tuesday evening, just after liftoff, marked the first time a resupply mission contracted by NASA to a private company has failed....

Loading