Astra Space Reports Quarterly Loss of $31.3 Million

ALAMEDA, Calif., August 12, 2021 (Astra Space PR) — Astra Space, Inc. (Nasdaq: ASTR)┬átoday announced financial results for its fiscal second quarter ended June 30, 2021.

“Astra achieved several key milestones in the first half of 2021 to further its mission to improve life on Earth from space,” said CEO, Chairman and Co-Founder Chris Kemp. “Astra obtained significant funding to further our plan for rapid, low-cost access to space by completing the Holicity merger and associated PIPE transaction. We delivered on key customer initiatives by winning our second NASA contract in a row (TROPICS) and signing a long-term launch deal with Planet Labs. And last week, we announced Space Force as our first commercial customer for a test launch planned during a sixteen-day window beginning August 27, 2021. I am pleased with our execution and want to thank the entire Astra team for their dedicated efforts. We all look forward to the upcoming launch.”

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Rocket Lab’s Electron Launches U.S. Military Satellite in Successful Return to Flight

Electron engine firing (Credit: Rocket Lab webcast)

by Douglas Messier
Managing Editor

MAHIA PENINSULA, New Zealand — Rocket Lab’s Electron rocket launched an U.S. Space Force satellite on Thursday in a successful return to flight for the small-satellite booster after a launch failure in May.

The booster lifted off with the USSF’s Monolith technology technology demonstration satellite. Deployment from the booster’s kick stage occurred less than an hour after liftoff from Rocket Lab’s facility on the Mahia Peninsula.

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