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[i]The filing will lead to the liquidation of the 18-year old company, whose engine technology was designed to power the two-person Lynx suborbital space plane XCOR was building. The vehicle, which was designed to take off and land on a runway, was only partially completed before most work on it stopped last year. Court records indicate XCOR has assets worth between $1 million and $10 million and liabilities ranging from $10 million to $50 million. The estimated number of creditors range from 100 to 199.[/i]
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