Chris Kemp unplugged—Astra’s CEO dishes on the space company’s struggles - Enlarge / Chris Kemp, founder and CEO of Astra. (credit: David Paul Mor... - https://arstechnica.com/?p=1962049 #chriskemp #science #rocket4 #launch #space #astra

Ars Technica: Chris Kemp unplugged—Astra’s CEO dishes on the space company’s struggles https://arstechnica.com/?p=1962049 #Tech #arstechnica #IT #Technology #Chriskemp #Science #rocket4 #launch #Space #astra

Astra’s new rocket won’t launch until 2024—if it ever flies - Enlarge / Astra revealed a prototype of its Rocket 4 launch vehicle in ... - https://arstechnica.com/?p=1960853 #smallsatlaunch #science #rocket4 #space #astra

Ars Technica: Astra’s new rocket won’t launch until 2024—if it ever flies https://arstechnica.com/?p=1960853 #Tech #arstechnica #IT #Technology #smallsatlaunch #Science #rocket4 #Space #astra

#ASTRA is looking to raise $65 million to keep the doors open.

Assuming a constant burn rate that will give them enough money to keep going until Q1 2024.

By then Rocket 4.0 hopefully would've launched and the Astra Space engine would be generating non-negligible amounts of revenue.

In their latest annual report they mentioned that they had 278 engines in backlog, at 250k per engine, that is almost $70M in revenue or close to 30-$35M in earnings.

#space #astr #dod #rockets #rocket4

"Astra is still planning to conduct a first launch of its Rocket 4 vehicle before the end of the year as it scales up production of spacecraft electric propulsion systems."

"Astra said in a March 30 earnings call that it was making steady progress on the new vehicle, development of which it accelerated in August when the company announced it was retiring the smaller Rocket 3.3 vehicle after its latest failure."

We'll see, given their track record.

#Astra #Rocket4

https://spacenews.com/astra-says-rocket-4-development-on-schedule-for-late-2023-first-flight/