Astra Space

Astra Space, Inc. operates as a satellite launch services company. The firm designs, tests, manufactures and operates next generation space services that will enable a new generation of global communications, Earth observation, precision weather monitoring, navigation and surveillance capabilities. The company was founded by Adam London and Chris C. Kemp in October 2016 and is headquartered in Alameda, CA.

Earnings data Q2 2024

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ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced financial results for its third quarter ended September 30, 2023. Recent Business Highlights: Announced deliveries of 8 Astra Spacecraft Engines™ out of Sunnyvale manufacturing facility. These deliveries are expected to be recognized as revenue in Q4 2023 following anticipated customer acceptance. Signed two new Astra Spacecraft Engine™ customer contracts totaling $11.7 million in contract value from th.

Astra Announces Third Quarter 2023 Financial Results

Shares of Astra Space surged nearly 85% after the company's founders offered to take the company private in a $30 million deal, according to a securities filing.  The deal, proposed by CEO Adam London and Chairman Chris Kemp, valued Astra at $1.50 per share.

Astra Space shares rocket higher as founders announce plan to take the company private at a premium

Astra Space (NASDAQ: ASTR ) stock is rising higher on Thursday as investors in the space services company react to an offer to take it private. This offer comes from Chris Kemp and Adam London.

Astra Space (ASTR) Stock Spikes 82% on Take-Private Proposal

The founders of struggling space company Astra have offered to take the company private at a value of about $30 million.

Astra founders offer to take company private at value of about $30 million

ALAMEDA, Calif.--(BUSINESS WIRE)---- $ASTR #adastra--Astra Space, Inc. (“Astra”)(Nasdaq: ASTR) announced today that it has closed an initial financing with JMCM Holdings LLC (“JMCM”) and Sherpa Venture Funds II, LLP (together with JMCM, the “Investors”), affiliates of two early investors in Astra, for a total investment amount of approximately $13.4 million (the “Initial Financing”) pursuant to a reaffirmation agreement and omnibus amendment agreement dated November 6, 2023 (the “Initial Financing Agreement”). Th.

Astra Announces Closing of Additional Debt Financing and Waiver of Previously Announced Defaults

Struggling space company Astra warned in a securities filing on Friday that it may not be able to raise needed cash as funds dwindle.

Astra defaults on debt agreement, warns it may not be able to raise needed cash

ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) will report financial results for its third quarter ended September 30, 2023, after market close on Monday, November 13, 2023. Astra will host a webcast at 1:30pm PT (4:30pm ET) on Monday, November 13, 2023, to discuss the results. The news release containing the financial results with a link to the live webcast and the webcast replay will be accessible at Astra's Investor Relations website: https://investor.astra.com/.

Astra to Report Third Quarter 2023 Financial Results on November 13th, 2023

As Astra Space continues to search for a lifeline to avoid bankruptcy, the company is reportedly weighing up selling a 51% stake in its in-space propulsion business or selling other parts of the business, like equipment, Bloomberg reported last night.

Astra Space weighs up selling parts of its business as it looks for cash

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ALAMEDA, Calif.--(BUSINESS WIRE)---- $ASTR #adastra--Astra Space, Inc. (“Astra” or the “Company”) (Nasdaq: ASTR) today announced it has received notice from the Nasdaq Capital Market (“Nasdaq”) on September 28, 2023, that the Company has regained compliance with Nasdaq's minimum bid price requirement. About Astra Space, Inc. Astra's mission is to Improve Life on Earth from Space® by creating a healthier and more connected planet. Astra pursues that mission through its Launch Services and Space Products businesses.

Astra Cures Bid Price Deficiency and Regains Compliance with Nasdaq Listing Standards

ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (NASDAQ: ASTR) (“Astra” or the “Company”) is announcing that the Company's Board of Directors has approved a reverse stock split (the “Reverse Stock Split”) of Astra's Class A common stock, par value $0.0001 (the “Class A common stock”) per share, and Astra's Class B common stock, par value $0.0001(the “Class B common stock”) at a ratio of 1-for-15 (the “Reverse Stock Split Ratio”). The Reverse Stock Split is expected to become effective immed.

Astra Space, Inc. Announces Reverse Stock Split

Astra Space, Inc. (NASDAQ:ASTR ) Q2 2023 Earnings Conference Call August 14, 2023 4:30 AM ET Company Participants Andrew Hsiung - VP of Strategic Finance and Capital Markets Chris Kemp - Founder, Chairman and CEO Axel Martinez - CFO Conference Call Participants Andre Madrid - Bank of America Suji Desilva - ROTH MKM Operator Ladies and gentlemen, good afternoon. My name is Abby, and I will be your conference operator today.

Astra Space, Inc. (ASTR) Q2 2023 Earnings Call Transcript

ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced financial results for its second quarter ended June 30, 2023. Astra also announced on August 4, 2023 a strategic near-term prioritization of the Astra Spacecraft Engines™ business, including a reallocation of approximately 50 engineering and manufacturing personnel from Launch Services to Space Products, spanning both permanent and temporary reassignments to support specific customer programs and to inc.

Astra Announces Second Quarter 2023 Financial Results

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ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) will host a conference call to discuss recent events via a webcast at 6:00am PT (9:00am ET) on Monday, August 7, 2023. A link to the live webcast and the webcast replay will be accessible at Astra's Investor Relations website: https://investor.astra.com/investor-relations. About Astra Space, Inc. Astra's mission is to Improve Life on Earth from Space® by creating a healthier and more connected planet. Today, Astra offe.

Astra to Host Conference Call on August 7, 2023

Struggling space company Astra is cutting 25% of its workforce and restructuring to focus more on its spacecraft engine business.

Astra conducts layoffs, raises debt and shifts focus to spacecraft engines in bid to survive

ALAMEDA, Calif.--(BUSINESS WIRE)---- $ASTR #adastra--Astra Space, Inc. (“Astra”) (NASDAQ: ASTR) announced today that it has closed a registered issuance of $12.5 million aggregate principal amount of senior secured notes (the “Notes”) and warrants (the “Warrants”) to purchase up to 22.5 million shares of Astra's Class A common stock, par value $0.0001 per share (the “Shares”) to an institutional investor. The Notes bear interest at 9.0% per annum, mature on November 1, 2024, and are secured by a first priority se.

Astra Secures $12.5 Million Senior Secured Note Financing

ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (NASDAQ: ASTR) today announced a strategic reallocation of its workforce from its Launch Services organization to its Astra Spacecraft Engines™ business to support its growing customer base and order backlog of its spacecraft engines. Astra last announced 278 cumulative committed orders of the Astra Spacecraft Engine™ through March 30, 2023, representing approximately $77 million of contract value. A substantial majority of these ord.

Astra Optimizes Workforce to Support Sustainable Long-Term Business Plan

ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) will report financial results for its second quarter ended June 30, 2023, after market close on Monday, August 14, 2023. Astra will host a webcast at 1:30pm PT (4:30pm ET) on Monday, August 14, 2023, to discuss the results. The news release containing the financial results with a link to the live webcast and the webcast replay will be accessible at Astra's Investor Relations website: https://investor.astra.com/investor.

Astra to Report Second Quarter 2023 Financial Results on August 14th, 2023

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Billionaire-based space company Astra Space is planning a reverse stock split after its shares faced a Nasdaq delisting. The California-based company said its board has approved a plan for a 1-for-15 reverse stock split that will occur no before October 2023.

Astra Space to undergo reverse stock split to shore up Nasdaq listing

Aerospace company Astra Space Inc. ASTR, +4.25% said in a filing late Monday it plans a 1-to-15 reverse stock split and an at-market raising of up to $65 million in shares. The reverse stock split is expected to go through on or before Oct. 2, after board approval last week.

Astra Space plans reverse stock split, $65 million raise

The company previously outlined a reverse split as part of its plan to avoid delisting by the Nasdaq exchange.

Astra plans a reverse stock split, seeks to raise up to $65 million in offering

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