ALAMEDA, Calif., May 5, 2022 (Astra Space PR) — Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced financial results for its first quarter ended March 31, 2022.

“This has been a quarter of accelerating investment, customer adoption of our space technology products, and growth in our customer pipeline,” said Chris Kemp, Astra’s Co-founder, Chairman and CEO. “Looking ahead, Astra is honored to have the opportunity to serve NASA to further our vision for a healthier and safer planet as we prepare for a multi-launch campaign out of Cape Canaveral to deploy the NASA TROPICS constellation.”

by Douglas Messier
Managing Editor

Astra Space, whose first attempt to orbit satellites failed on Feb. 10, is facing class action lawsuits alleging that the small-satellite launch provider and its officers made false and misleading statements about the company’s capabilities. Astra Space went public last July in a merger with Holicity Inc., a blank check special purpose acquisition company.