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The Beat Goes On…More Bad News For Boeing: Sea Launch Files For Bankruptcy…The Beat Goes On!

From Zero Hedge some more bad news…especially for fans of the private efforts to reach space.

Commercial satellite-launch services provider Sea Launch, which is 40% owned by 787 on time manufacturer extraordinaire, Boeing, filed for bankruptcy last night in Delaware (09-12513). The Long Beach company which has used the Kazakhstan Baikonur Space Center for rocket launches in the past, has listed liabilities of over $1 billion. Zero Hedge: More Bad News For Boeing: Sea Launch Files For Bankruptcy

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