Our client in the aerospace industry wanted to know the financial health and amount of funds raised by a key competitor following the news about postponement of the rocket launch.
Molfar found the information about planned system tests and analyzed the company's financial performance. We found that at the lowest known level of spending, the company will run out of funds at the end of 2021. The company spent 20% of the total investment as of March 2020, and 23% as of June. At the time of launch, the company will spend 109% of the investment. Also, according to the information from public sources, four C-level executives had left the company after closing series C round.
