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Astra acquired Apollo Fusion in July 2021 to leverage Apollo Fusion’s focus on designing and manufacturing products at scale capable of reaching destinations beyond low Earth orbit.
Astra’s on-orbit test results for the Apollo Fusion thruster provide validation for several programs for which Astra supplies propulsion systems.
Astra scheduled the launch window for Launch Vehicle 0006 to open on 2021-08-27 and run through 2021-09-11.
Astra conducted a hot fire test for Launch Vehicle 0006 on 2021-08-04.
Astra merged with a SPAC and became a public company in 2021.
Astra’s Rocket 3.2 vehicle fell short of reaching orbit on a launch from Kodiak in December 2020.
Astra projects adjusted EBITDA of –$32,000,000 to –$35,000,000 in its third quarter of 2021.
Astra characterizes the December 2020 Rocket 3.2 launch as having demonstrated orbital launch capability despite failing to reach orbit.
The launch window for Astra’s next flight opens 2021-08-27, from the Pacific Spaceport Complex–Alaska on Kodiak Island.
Astra is constructing the next two rockets, LV0007 and LV0008, at its factory in Alameda, California.
Astra will introduce an upgraded Rocket 3.3 version of its small launch vehicle on its next flight later in August 2021 to increase the vehicle’s payload capacity.
Astra shares closed down 1.8% on 2021-08-13, at $11.22 per share.
In the second quarter ended 2021-06-30, Astra had no revenue, a net loss of $31.3 million, and adjusted EBITDA of –$21,400,000.
Astra reduced planned capital expenditures in 2021 because of a delayed start of the expansion of its Alameda factory and will shift those expenditures into 2022 and beyond.
Astra completed its merger with the special-purpose acquisition company Holicity and began trading on Nasdaq on 2021-07-01.
Astra Space will begin launching Spire Global satellites in the spring of 2022.
Astra’s dedicated launch service will provide flexibility to deliver Spire Global satellites to specific orbits on Spire’s schedule.
Astra Space planned to begin launching Spire Global satellites in spring 2022.
The U.S. Space Force expects to procure approximately 20 missions from Astra and other providers under the OSP-4 contract over the nine-year ordering period.
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.