Tag: Astra Space Inc
Space company Astra going private to avoid bankruptcy
Rocket LV0006 tilts during liftoff.Astra / NASASpaceflightSpace company Astra will go private in a cut-rate deal with its founders after a dismal run [...]
Three space companies at risk of running out of cash
A view from onboard the upper stage of rocket LV0009 during the company's livestream on March 15, 2022.Astra / NASASpaceflightThe space sector's on th [...]
Astra founders offer to take company private
Astra tests a rocket at its headquarters on the San Francisco Bay in Alameda, California.AstraThe founders of struggling space company Astra have offe [...]
Astra defaults on debt agreement, may not be able to raise needed cash
The company's LV0010 rocket stands on the launchpad at Florida's Cape Canaveral ahead of the NASA TROPICS-1 mission.AstraStruggling space company Astr [...]
Investing in Space: Industry enters new era
On site at the 2023 edition of the World Satellite Business Week conference in Paris, France.Michael Sheetz | CNBCCNBC's Investing in Space newsletter [...]
Astra conducts layoffs, raises debt, shifts focus to survive
An Astra Spacecraft Engine during testing.AstraStruggling space company Astra is cutting 25% of its workforce, the company announced Friday, and restr [...]
Why Blue Origin’s engine explosion matters
The Vulcan rocket for the Cert-1 mission stands at SLC-41 during testing in Cape Canaveral, Florida, May 12, 2023.United Launch AllianceCNBC's Investi [...]
Astra plans reverse stock split, seeks to raise up to $65 million
Astra CEO Chris Kemp speaks inside the company's headquarters during its Spacetech Day, May 12, 2022.Brady Kenniston / AstraSpacecraft engine manufact [...]
Bankers and insiders say M&A action is heating up
A sale pending sign is posted in front of home for sale in Greenbrae, California.Justin Sullivan | Getty ImagesCNBC's Investing in Space newsletter of [...]
The Virgin Orbit latecomer Matthew Brown
Texas-based investor Matthew Brown speaks to "Worldwide Exchange" on Mar. 23, 2023.CNBCCNBC's Investing in Space newsletter offers a view into the bus [...]
Virgin Orbit nears deal for $200 million as soon as Thursday
A general view of Cosmic Girl, a repurposed Boeing 747 aircraft carrying the LauncherOne rocket under its left wing, as final preparations are made at [...]
Astra outlines plan to avoid Nasdaq stock delisting
A view from onboard the upper stage of rocket LV0009 during the company's livestream on March 15, 2022.Astra / NASASpaceflightSpacecraft engine manufa [...]
Astra investigates ‘potential illegal short selling’ as delisting deadline looms
Astra CEO Chris Kemp speaks inside the company's headquarters during the company's "Spacetech Day" on May 12, 2022.Brady Kenniston / AstraSpacecraft e [...]
Astra chief engineer Benjamin Lyon resigns from rocket builder
Benjamin Lyon, chief engineer and executive vice president of engineering and operationsAstraBeleaguered rocket builder Astra is losing its highly tou [...]
Rocket builder Astra Space gets delisting warning from Nasdaq
A close up look at Astra's LV0008 rocket at LC-46 in Cape Canaveral, Florida.John Kraus / AstraEmbattled small rocket-builder Astra revealed Friday th [...]