The announcement Wednesday that Swiss Space Systems had been declared bankrupt by a Swiss court caught local partners by surprise.
See: Swiss Space Systems declared bankrupt
Canadore President George says he learned of the bankruptcy at the same time as everyone else last week after reading media reports.
“I’m disappointed of course because we had a partnership with them and we did do one package of work for them on the research side. We were looking forward to continuing our research partnership with them. But given the business, some money ventures are successful, some aren’t especially looking at some of the technologies they were involved with.
“We did the one package which was some avionics work for them an…
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