(UUNN HQ)Postern Associates (TRISE: PASS) announced today that it is in negotiations with Sorian Bank to acquire the patents, intellectual property and some physical assets of Annihilitech, which abruptly ceased operations in May of this year after accounting irregularities were identified (CFO Markos Theran is still a fugitive).
When it closed its doors, Annihilitech was only manufacturing two items: the Senator long-range mortar and the Featherfire ion cannon, but over the years, Annihilitech developed some of the most destructive and powerful weapons known since The Great Collapse — among them the now-outlawed “Imperializer,” which reportedly ruptured atomic structures with high powered gravitrons.
Much of Annihilitech’s weapons R&D was done under contract to other corporations like Particle Systems, Inc. and Aristio Conglomerated.
It is unclear whether Postern intends to restart production of any Annihiltech equipment, or is simply looking to invest in the IP.
(UUNN HQ) Aristio Conglomerated announced today that, effective immediately, it is shutting down production of its unique Graviton Displacer weapon — the Thief.
Company spokesperson Josef Panuluo released the following statement:
Because of lack of sales, Aristio Conglomerated is shutting down the production of this very-unique weapon. We’re sure there will be plenty of inventory available in markets across space to satisfy the need for this weapon for a very long time.
We will also be focusing all production of the very-popular Spitfire ion weapon to our Tripoint manufacturing facility in order to gain production efficiencies there.
(Quantar Core) Questions started coming in on 118.7.20 according to Quantar Core Station Governor Delphia Neamru. “We started getting question whether there was a surge of new recruits,” said Governor Neamru. “All of the roids close to our docking rings were bright blue — usually a sure sign of new pilots. But as time wore on they stayed blue — and the logs showed that we have not seen any kind or new-recruit influx.”
Asteroids are heated during the mining-laser extraction process. As they heat, the extraction becomes less and less efficient until at 930 degrees, the extraction process stops altogether, and cannot be resumed until the asteroid has cooled.
“It just doesn’t make sense,” said Third Tahir, Dr. Silar Tashawar, who has degrees in Geology and Economic Petrology, as well as a Ph.D. in Geochemistry from the Jenos School of Mines. “Space is not any warmer than it was a week ago. The heating is a very short-term effect of laser extraction. But obviously there’s some reason … so we have launched a major mission to re-calibrate some beacons to try to determine what’s happening. We’ve also been scanning and monitoring a number of different rocks … but just not finding anything,” he said, shaking his head.
Although, the non-cooling asteroids first became apparent in Quantar, it appears that most, if not all, other areas of space have been impacted. Venurian Prospecting, which manufactures most mining lasers in use today, has confirmed that there has been no changes or issues in its mining laser manufacturing process.
(UUNN HQ) Workers at unregulated stations across space have walked out on a wildcat strike, bringing mass-refining activity of several base commodities to a virtual halt.
“We have no union to look out for our needs and we’re sick and tired of working in horrible conditions for half the pay offered by the big Faction stations,” said one worker who asked not to be identified. “Enough is enough. There are other ways to make a living.”
Automated ore-refining operations at all locations will continue uninterrupted, and a small group of ice-refiners on GBS Station has elected not to participate in the strike.
(Quantar Corridor) Today Cromforge Enterprises (TRISE:CROM) today named Reshan Lexis as its new President, and she hit the ground running revealing her plans to begin restructuring manufacturing operations. As a part of that process, this morning Cromforge is discontinuing all weapons manufacturing on Corridor station. Continue reading →
(Quantar Corridor)Cromforge Enterprises (TRISE:CROM) announced today that is is planning to scrap thousands of units of it massive equipment inventory on all Quantar Stations. “When inventory does not move, it not only has to be stored — it also has to be maintained,” said Cromforge spokesperson Cila Rotup’uh. “It is a huge expense, and one we can no longer sustain. The fact is that we have sold exactly ten Harvesters in the last six months. We have an inventory of more than 1,700. And that’s just a single example.”
The inventory reduction is not expected to have any immediate impact on pilots. It will be reported as a one-time expense in Cromforge’s Quarterly Results, which were already expected to be poor, resulting in a net-profit decline in each of the last six quarters.
(Great Pillars Station) In a statement released by OPL Spokesperson Kaeso Cosmas, the Octavius manufacturing giant said it was laying off more than 3,000 workers from its facilities on Outpost and Octavius Core station.
Due to an increasingly difficult economic situation and huge inventories, we are forced to reduce expenses. It is not something that we do lightly. Our workers are our lifeblood and if there was any other reasonable option, we would have taken it.
We sincerely hope that the situation will change and that we are able to hire back these loyal members of our OPL family. But without a lot more pilots using up the equipment we produce, there is just nothing else we can do.
In addition to these layoff, we will be closing and dismantling the Duelist facility in Quantar space in the very near future.
There were no specifics provided regarding how the layoff would impact production and availability of OPL products, which include the popular Guzzler and Impeler engines, and the Makk shields — in addition to Duelists.