Author Topic: Astra Space  (Read 289065 times)

Offline TrevorMonty

Re: Astra Space
« Reply #880 on: 11/11/2022 01:16 pm »
If Firefly can survive all the crap it went through, major lawsuits and a restructuring and abandoning aerospikes and then having war in Ukraine force their main owner to liquidate their shares... nearly dying at least twice before reaching orbit, I don't think we can totally write-off Astra already.

Firefly is arguably a lot more valuable than Astra. Not only do they have a bigger rocket but they have presumably good engines and a lunar lander with a NASA contract.
Neither are guarantees of viability (e.g. Masten also had a CLPS contract and plenty of well tested engines).
Financially Firefly is in better position as their owners AE Industrial Partners have access too lot more capital it needed. They also have relationship with NG who don't want to build Antares Version 4 because Firefly disappeared. 

Online trimeta

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Re: Astra Space
« Reply #881 on: 11/11/2022 03:42 pm »
If Firefly can survive all the crap it went through, major lawsuits and a restructuring and abandoning aerospikes and then having war in Ukraine force their main owner to liquidate their shares... nearly dying at least twice before reaching orbit, I don't think we can totally write-off Astra already.

Firefly is arguably a lot more valuable than Astra. Not only do they have a bigger rocket but they have presumably good engines and a lunar lander with a NASA contract.
Neither are guarantees of viability (e.g. Masten also had a CLPS contract and plenty of well tested engines).
Financially Firefly is in better position as their owners AE Industrial Partners have access too lot more capital it needed. They also have relationship with NG who don't want to build Antares Version 4 because Firefly disappeared.
Sure, but this wasn't the case for Firefly back in 2017. I think the idea is "Firefly was able to recover from there to where they are today, so Astra could recover from their present situation too."

Although personally, I think any such recovery will entail abandoning launch plans and basically just becoming Apollo Fusion again.

Offline catdlr

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Re: Astra Space
« Reply #882 on: 11/13/2022 01:27 pm »
Astra's Rocket 4 - New launch system explained

Tony De La Rosa

Offline FutureSpaceTourist

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Re: Astra Space
« Reply #883 on: 12/02/2022 02:38 pm »
https://twitter.com/tgmetsfan98/status/1598702119422287873

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Perhaps the most notable part of this announcement is that former chief engineer and executive VP of operations and engineering, Benjamin Lyon, has resigned from the company:

twitter.com/astra/status/1598681323866329089

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Astra promotes senior leadership to management team:

https://astra.com/news/senior-leaders-to-management-team/

https://twitter.com/astra/status/1598681325250445318

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We are incredibly grateful to @benjaminblyon for his stewardship in taking Astra to orbit, and helping build a world-class engineering and operations organization.

Offline FutureSpaceTourist

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Re: Astra Space
« Reply #884 on: 12/02/2022 03:44 pm »
https://twitter.com/thesheetztweetz/status/1598718233502273536

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I spoke to Astra CEO Chris Kemp for more on the company's management changes:

"Putting the team that was reporting to [Lyon] under me basically flattens the entire thing, and just allows us to execute faster."

https://www.cnbc.com/2022/12/02/astra-chief-engineer-benjamin-lyon-resigns-from-rocket-builder.html

Offline FutureSpaceTourist

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Re: Astra Space
« Reply #885 on: 12/02/2022 05:48 pm »
https://twitter.com/benjaminblyon/status/1598746738986098688

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Astra has been an incredible place to grow one of the most talented engineering & operations teams Iíve ever worked alongside. Iím beyond grateful to have been a part of the journey and to the entire crew for what weíve accomplished. #AdAstra

Offline Michel Van

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Re: Astra Space
« Reply #886 on: 12/11/2022 10:56 am »
ASTRA shares drop in one year from $8.78 down to $0.45

https://www.finanznachrichten.de/chart-tool/aktie/astra-space-inc.htm

Offline Celeste_El

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Re: Astra Space
« Reply #887 on: 01/02/2023 08:15 pm »
As of this post, the company has 91 days to get the stock price above 1$ for 10 days to avoid being delisted. This most likely isn't going to happen on its own so, in the coming months, expect a pretty substantial reverse split to raise the stock price to avoid a delist. However, I wouldn't expect the company to take this sitting down as their stock is ultimately their primary source of raising capital through stock sales and dilution.

Pure speculation but I expect another "tech day" ordeal or something similar prior to the reverse split to drive up the price to minimize the damage a reverse split will do.

A helpful counter to delist:
https://newspaceeconomy.ca/2022/12/22/astra-space-inc-countdown-to-delisting-astr-astraspace/
« Last Edit: 01/02/2023 08:18 pm by Celeste_El »

Online harrystranger

Re: Astra Space
« Reply #888 on: 01/08/2023 11:17 am »
Bing maps continues their trend of having more recent pictures than Google maps
Google now has imagery of the Atwater test stand from April 2022.
https://www.google.com/maps/@37.35844,-120.55958,456m/data=!3m1!1e3
It can be really hard to interpret satellite imagery! Local knowledge & an understanding of an areaís history are crucial pieces of the puzzle.
- Rob Simmon

Offline FutureSpaceTourist

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Re: Astra Space
« Reply #889 on: 01/11/2023 04:35 pm »
https://twitter.com/astra/status/1613214907608227843

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As we head into 2023, we're taking a look back at everything the team accomplished in 2022: 


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