Astra Space, Inc. is an American space company that aims to improve life on Earth from space. Initially an aerospace technology research firm, Astra shifted to developing launch vehicles and now focuses on providing dedicated orbital launch services and space products. They offer the Astra Spacecraft Engine™, an electric propulsion system for small satellites. Astra's customers include NASA, DARPA, Planet, Spire, and Spaceflight.
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Astra Space will begin launching Spire Global satellites in the spring of 2022.
The Rocket Systems Launch Program Office awarded the first on-ramp additions to the Orbital Services Program-4 Indefinite Delivery/Indefinite Quantity contract to ABL Space Systems Corp., Astra Space, Inc., and Relativity Space, Inc.
On 2021-08-09, Astra Space, Inc. was awarded the Orbital Services Program (OSP)-4 Indefinite Delivery/Indefinite Quantity (IDIQ) contract from the Rocket Systems Launch Program of the U.S. Space Force.
Under a Defense Innovation Unit contract, Astra Space plans to launch a test payload for the U.S. Space Force on its next attempt to reach orbit in August.
Astra Space’s inclusion in the OSP-4 contract preserves, stimulates, and enhances the small launch industrial base and provides the U.S. Space Force with a more diverse vendor pool.
On 2021-08-09, the Space and Missile Systems Center’s Rocket Systems Launch Program Office at Kirtland Air Force Base added ABL Space Systems, Astra Space, and Relativity Space to the OSP-4 vendor pool.
Astra is under contract to perform a second launch later in 2021 following the first commercial orbital launch with the United States Space Force.
Astra began trading on the Nasdaq exchange on 2021-07-01 after completing a merger with Holicity, a special-purpose acquisition company.
The merger with Holicity raised nearly $500,000,000 for Astra to scale its launch business and develop a line of satellites.
Under a deal Astra reached with Nasdaq through 2025, every Astra launch will be broadcast on a Times Square billboard in New York City to highlight its customer mission.
Astra is acquiring Apollo Fusion, an electric propulsion company, for $50,000,000 in cash and stock with an additional $95,000,000 in earn-out incentives.
Astra acquired electric propulsion company Apollo Fusion on 2021-06-07 in a deal valued at up to $145,000,000.
Astra announced plans on 2021-02-02 to trade on Nasdaq by merging with Holicity, a blank-check company run by cellular industry pioneer Craig McCaw that went public in 2020-08-01.
Astra will begin trading on the Nasdaq exchange on 2021-07-01 after completing its merger with Holicity.
Astra began trading on Nasdaq after merging with special-purpose acquisition company Holicity, whose shareholders approved the deal on 2021-06-30.
Astra is acquiring Apollo Fusion in a transaction valued up to $145,000,000.
Astra is purchasing Apollo Fusion for an initial purchase price of $50,000,000 consisting of $30,000,000 in stock and $20,000,000 in cash.
The acquisition of Apollo Fusion enables Astra to provide launch and space services beyond low Earth orbit to medium Earth orbit, geostationary orbit, and lunar orbits.
Astra Space, Inc. is expanding its factory in Alameda, California.
Holicity's registration statement on Form S-4 (File No. 333-255703) relating to the business combination with Astra Space, Inc. is effective with the U.S. Securities and Exchange Commission.