All verified mentions of this organization in source documents.
The transaction reflects an implied pro-forma enterprise value for Astra of approximately $2,100,000,000.
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.
Holicity commenced mailing the definitive proxy statement/prospectus for a Special Meeting of its stockholders to be held on 2021-06-30 in connection with the business combination with Astra Space, Inc.
Astra Space, Inc. acquired Apollo Fusion to expand its total addressable market and enable reach to mid-Earth, geosynchronous, and lunar orbits.
Astra Space, Inc. is expanding its factory in Alameda, California.
Astra announced a contract with Planet to perform multiple launches of Planet’s imaging satellites in 2022.
The acquisition of Apollo Fusion enables Astra to provide launch and space services beyond low Earth orbit to medium Earth orbit, geosynchronous orbit, and lunar orbit.
Astra planned the acquisition of Apollo Fusion in a transaction valued up to $145,000,000.
Astra excels in getting vehicles to the best possible low orbit for missions.
Astra chose Apollo Fusion because they developed a cost-effective and reliable electric propulsion system at scale.
Astra plans to complete a merger with the special purpose acquisition company Holicity later 2021, and the Apollo Fusion acquisition will close after that merger is complete.
Astra is focused on rapid and affordable access to space.
Apollo Fusion shares Astra's focus on maximizing development velocity and designing for scale.
Astra will host a conference call on 2021-06-07 at 12 PM ET (9 AM PT) to discuss the announcements and will provide a webcast on the Investor Relations section of its website.
Astra is purchasing Apollo Fusion for $30,000,000 in stock and $20,000,000 in cash.
Astra will incorporate Apollo Fusion’s Apollo Constellation Engine electric propulsion systems into satellite buses the company is developing.
Astra has drawn its talent from beyond the aerospace industry.
The acquisition of Apollo Fusion enables Astra to efficiently deliver and operate throughout the solar system.
Bringing best practices from tech, automotive, and services industries has contributed to Astra's rapid progress.
Astra is acquiring Apollo Fusion for a $50,000,000 purchase price consisting of $30,000,000 in stock and $20,000,000 in cash.