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Space station startup Vast cuts 4% of employees

The startup, which is developing a commercial replacement for the International Space Station, fired 46 employees on Wednesday.

Space station startup Vast has reduced its workforce by 4% this week, according to Business Insider. The company, which is developing a commercial replacement for the International Space Station (ISS), announced on Wednesday that it had laid off 46 employees. Vast is building a commercial space station called Haven-2, which the startup plans to launch by 2028. The cuts come amid increased competition in the space industry and uncertainty over NASA's plans for a new generation of commercial space stations.

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