Footage obtained by TechCrunch shows the catastrophic ending that Astra’s Rocket 3.0 suffered during prelaunch testing in March 2020. The explosion, which occurred at Alaska’s Pacific Spaceport Complex, was simply reported as an “anomaly” at the time, an industry term for pretty much any issue that deviates from the expected outcome. “I can confirm we […]
Astra is the space industry’s first SPAC bust of 2024
Astra Space, the launch company that went public in 2021 at a $ 2.1 billion valuation, is going private again after months of burning cash and failing to secure alternate investment. The company announced Thursday that its board had accepted an offer from its CEO, Chris Kemp, and its CTO, Adam London, to purchase the […]