Canoo, the company set to build NASA astronaut transporter, faces major losses, ‘substantial doubt’ for future

Canoo report

Following the recent Q1 2022 report from EV startup Canoo, we find the feature image rather fitting. After admitting a net loss over $125 million for the first three months of this year, Canoo is very much stuck out in the woods. With a lack of current cash on hand to realistically get through Q2, Canoo admitted “there is substantial doubt” about the company’s ability to get out of those financial woods either.

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Nissan announces it is designing a Lunar Terrain Vehicle for NASA alongside Teledyne and Sierra Space

During the 37th Space Symposium in Colorado Springs, Teledyne Brown Engineering, along with partners Sierra Space and Nissan North America, announced it is designing a crewed Lunar Terrain Vehicle (LTV) to support future NASA missions on the Moon. All three companies have varying levels of experience in space technology and hope to transport astronauts on future missions.

NASA contracts Canoo to build EVs that will transport astronauts to launchpad for Artemis missions [Update]

The National Aeronautics and Space Administration (NASA) announced it has chosen EV startup Canoo to provide zero-emission EVs to transport its crew to the launchpad for NASA’s upcoming Artemis missions to the Moon. Canoo will soon join the likes of Tesla and Rivian as EV automakers integrated into the realm of space exploration.