All verified mentions of this organization in source documents.
NASA awarded Astra a contract valued at about $8,000,000 to launch TROPICS on three Rocket 3.3 vehicles.
Astra retired the Rocket 3.3 vehicle to focus development on its larger Rocket 4 vehicle.
Astra opened a new production facility dedicated to Astra Spacecraft Engine thrusters that will be able to manufacture nearly 500 units per year.
Astra reported an adjusted EBITDA loss of $36,600,000 in the fourth quarter of 2022.
Astra has won orders for 278 Astra Spacecraft Engines with a total contracted value of $77,000,000.
Astra projected an adjusted EBITDA loss of $37,000,000 to $41,000,000 for the first quarter of 2023.
Most of the 278 ordered Astra Spacecraft Engines are scheduled for delivery in 2023 and 2024.
Astra requested a 180-day extension from Nasdaq to avoid delisting due to a share price below $1 and expects to hear back by about 2023-04-05.
Astra reported a full-year 2022 adjusted EBITDA loss of $173,900,000.
Astra accelerated development of Rocket 4 in August 2022 when the company retired the smaller Rocket 3.3 vehicle after its latest failure.
Nasdaq provided Astra an initial 180-day period through 2023-04-04 to regain compliance with the minimum bid price requirement.
Nasdaq notified Astra on 2022-10-06 that Astra was no longer in compliance with the Nasdaq Listing Rules because the closing bid price of Astra shares was below $1.00 for 30 consecutive business days.
Astra announced in August that it would retire the Rocket 3.3 vehicle to focus company resources on the larger Rocket 4 vehicle.
The Federal Aviation Administration formally concluded its investigation into Astra’s 2022-06-01 Rocket 3.3 launch on 2023-03-01.
Astra’s Rocket 3.3 vehicle launched from Cape Canaveral, Florida in June 2022 and failed to reach orbit.
Astra’s Rocket 3.3 serial number LV0010 completed a nominal first stage flight during the TROPICS-1 launch.
Astra received a formal closure letter from the Federal Aviation Administration concluding the TROPICS-1 mishap investigation.
Astra’s Rocket 3.3 serial number LV0010 completed stage separation during the TROPICS-1 launch.
Astra’s Rocket 3.3 serial number LV0010 completed upper stage ignition during the TROPICS-1 launch.
Space firms that went public through SPAC deals include Astra, Virgin Orbit, Rocket Lab, BlackSky, Spire, AST SpaceMobile, Satellogic, Planet, Terran Orbital, Virgin Galactic, Redwire, and Momentus.