Layoffs hit Colorado space companies Ursa Major, Orbit Fab
The company test fires one of its Ripley rocket engines in Colorado.Ursa MajorA pair of Colorado space companies laid off employees this past week, seeking to adapt to the new normal of a tight funding environment.The layoffs came at Ursa Major, which makes rocket engines, and Orbit Fab, a startup aiming to provide refueling services to spacecraft.A person familiar with Ursa Major told CNBC that the company let go of 27% of its employees, or about 80 people. An Ursa Major spokesperson confirmed to CNBC that the company…