kittenshark
15-07-2024, 08:04 AM
Sky & Telescope: MEADE AND ORION CEASE OPERATIONS — MAYBE
The parent company of Orion and Meade telescope manufacturers has shut its California offices. Stay tuned for updates.
Rumors are swirling after two former giants in the astronomy industry closed their doors earlier this week.
Optronic Technologies, Inc., better known to backyard astronomers as the parent company of both Orion Telescopes & Binoculars, and Meade Instruments, has shut its offices and storefront in Watsonville, California. Sources have told Sky & Telescope that all of the staff were let go at the end of the business day on Tuesday, July 9th, although it's unclear whether the company will pursue bankruptcy protection.
More from S&T https://skyandtelescope.org/astronomy-news/meade-and-orion-cease-operations-maybe/
Can’t say I’m surprised… the whole thing was just :screwy:
The parent company of Orion and Meade telescope manufacturers has shut its California offices. Stay tuned for updates.
Rumors are swirling after two former giants in the astronomy industry closed their doors earlier this week.
Optronic Technologies, Inc., better known to backyard astronomers as the parent company of both Orion Telescopes & Binoculars, and Meade Instruments, has shut its offices and storefront in Watsonville, California. Sources have told Sky & Telescope that all of the staff were let go at the end of the business day on Tuesday, July 9th, although it's unclear whether the company will pursue bankruptcy protection.
More from S&T https://skyandtelescope.org/astronomy-news/meade-and-orion-cease-operations-maybe/
Can’t say I’m surprised… the whole thing was just :screwy: