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by 0003
2618 days ago
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They reference Chris Mellon, who is a part of Tom Delonge's To the Stars organization. I am not an expert here but he has this public benefit corporation that always struck me as weird. It's like a charity, but Tom Delonge gets interest and royalties from it. Also: in 2017 they recognized 25M in stock comp expense... Like WTF. That is not possible for a company that is basically worthless. https://www.sec.gov/Archives/edgar/data/1710274/000114420419... |
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Yes this sounds a bit quacky...
> The company’s Aerospace Division is dedicated to finding revolutionary breakthroughs in propulsion, energy, and communication. We currently employ and intend to employ additional lead engineers from major Department of Defense and aerospace companies with the capability to pursue an advanced engineering approach to fundamental aerospace topics ranging from Beamed-Energy Propulsion to warp drive metrics. Our team will seek to develop next-generation energy and propulsion concepts for spaceflight, as well as new technologies for space communications.
The only thing that seems to be a real business if the entertainment division. Which makes sense as a part of their business. Selling ideas through media rather than actual useful science research.