--- title: "Astra Space Inc. Company History 2016 to the Present" id: 19785 type: "post" slug: "astra-space-inc-company-history-2016-to-september-2022-astr-astraspace-stocks" author: "NSE" published: "2023-07-13T20:37:28+00:00" modified: "2024-02-26T09:14:13+00:00" canonical: "https://newspaceeconomy.ca/2023/07/13/astra-space-inc-company-history-2016-to-september-2022-astr-astraspace-stocks/" markdown_url: "https://newspaceeconomy.ca/2023/07/13/astra-space-inc-company-history-2016-to-september-2022-astr-astraspace-stocks.md" description: "A detailed timeline following the roller coaster ride from over $2 billion valuation to less than $100 million dollars…" language: "en-US" category: - "Space Technology" - "Timelines" post_tag: - "Apollo Program" - "Business" - "Electron Rocket" - "Financial" - "Launch Vehicles" - "NASA" - "Neutron" - "Rideshare" - "Rocket Lab" - "Satellite Constellations" - "Satellites" - "Smallsats" - "Space Companies" - "Space Force" - "Spacecraft" - "Spaceflight" - "Startups" --- # Astra Space Inc. Company History 2016 to the Present **The roller coaster ride from over $2 billion valuation to less than $200 million…** Last updated December 23, 2022 October 2016 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/EBE9F4F3-38BD-4C99-B061-04B6A77DE57A.jpeg?w=696&ssl=1) ### Astra Space Inc. Astra was founded by Chris Kemp and Adam London. July 2018 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/43167351-1E0D-458E-BEC7-ED43C89CDA99.jpeg?w=696&ssl=1) ### Rocket 1.0 Launch Fails November 2018 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/3DB93F8C-03E1-4BBC-AEF0-0D842790D688.jpeg?w=696&ssl=1) ### Rocket 2.0 Launch Fails August 2019 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/C161B53D-FE71-4DA9-82FC-7A2B83403F7A.jpeg?w=696&ssl=1) ### [SpaceX Rideshare Program Disrupts Small Launcher Market](https://spacenews.com/spacex-revamps-smallsat-rideshare-program/) $1 million for 200 kg payload to LEO versus Astra’s $2.5 million for 100 kg February 2020 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/B3B96AE9-382E-4BFE-A047-314AB9C63BD9.jpeg?w=696&ssl=1) ### [At Astra, failure is an option](https://arstechnica.com/science/2020/02/at-astra-space-failure-is-an-option/) “We’re actually not shooting for 100% reliability.” March 2020 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/ECA230EC-964C-41BF-A440-8436C51E1DDF.png?w=696&ssl=1) ### Rocket 3.0 Launch Fails September 2020 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/B9DEFBE0-02C3-48A1-B03A-BFB464A8F445.jpeg?w=696&ssl=1) ### Rocket 3.1 Launch Fails December 2020 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/32B7EBB4-5061-4C21-8B79-E3E9DEF77304.jpeg?w=696&ssl=1) ### [NASA VCLS Demo 2](https://www.nasa.gov/press-release/nasa-awards-venture-class-launch-services-demonstration-2-contract) Astra is 1 of 3 companies selected by [NASA](https://www.nasa.gov/) to bid on [NASA](https://www.nasa.gov/) VCLS Demo 2 contracts. December 2020 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/902F241C-084F-4F92-9B02-9E64F1060B18.jpeg?w=696&ssl=1) ### Rocket 3.2 Launch Fails February 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/32B7EBB4-5061-4C21-8B79-E3E9DEF77304.jpeg?w=696&ssl=1) ### [NASA TROPICS Contract](https://www.nasa.gov/press-release/nasa-awards-launch-service-contract-for-tropics-mission-to-study-storm-processes) $7.5 million contract for 3 launches February 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/A9A0511D-DF13-4DC3-AB1C-30CAF90CB930.jpeg?w=696&ssl=1) ### Announces Plans to go Public Astra will go public through a reverse merger with SPAC company Holicity, valuing the company at $2.1 billion. April 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/A9439E07-ED68-4C7A-92F5-FF6A9A8CEDB9.jpeg?w=696&ssl=1) ### [Astra Investor Day](https://astra.com/press-releases/astra-investor-day-2021/) Cash flow positive by 2024 without requiring any additional capital. May 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/E278D18F-9397-4135-93E8-B1992B9968D6.jpeg?w=696&ssl=1) ### Multi Launch Contract With Planet Lab No details were shared relative to number of launches or value of the contract. June 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/B260DA6B-4045-4FBB-A922-1442D9FD82F9.png?w=696&ssl=1) ### [Astra Acquires Apollo Fusion](https://www.businesswire.com/news/home/20210607005216/en/Astra-Acquires-Apollo-Fusion-to-Reach-New-Orbits) July 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/D6604E92-5CAD-4068-B434-89D0A9276D3A.jpeg?w=696&ssl=1) ### ASTR is Listed on Nasdaq Astra is the first space launch and rocket company listed on Nasdaq. August 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/22FDBF03-C3A3-4EC2-B8A6-6666F6493A19.jpeg?w=696&ssl=1) ### Rocket 3.3 Launch Fails August 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/009D79C5-0FA6-4153-B592-ED44E5C4EB0E.jpeg?w=696&ssl=1) ### [Astra stock plummets nearly 25% after Space Force launch failure](https://nypost.com/2021/08/30/astra-space-stock-plummets-after-space-force-launch-failure/) August 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/28E1FECB-D755-446C-92C8-072CB5FCD6F8.jpeg?w=696&ssl=1) ### Launch Contract With Spire No details were shared relative to number of launches or value of the contract. August 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/66526354-B85D-4BAD-ACC7-04A7269DE73A.jpeg?w=696&ssl=1) ### Orbital Services Program Contract With Space Force No details were shared relative to number of launches or value of the contract. September 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/DD021A5E-6340-4C3F-993D-94ABEAA7FC6E.jpeg?w=696&ssl=1) ### [Launch Startups Astra and Firefly Ink Secret Rocket Engine IP Deal](https://www.theverge.com/2021/9/21/22670063/astra-firefly-reaver-rocket-engine-ip-agreement) November 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/2B62432C-F207-4EC7-B1D8-4ADB3EDCAFBE.png?w=696&ssl=1) ### [Astra Files FCC Application for 13,600 Satellite Constellation](https://spacenews.com/astra-files-fcc-application-for-13600-satellite-constellation/) November 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/671FE0A9-CBAC-4C2E-8305-BA1585C50606.jpeg?w=696&ssl=1) ### [3Q21 Investor Update](https://investor.astra.com/news-releases/news-release-details/astra-announces-third-quarter-2021-financial-results/) November 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/09974D83-3758-41B6-8D1D-0CD9E0953CF9.png?w=696&ssl=1) ### [Why Astra stock is heading to the moon today](https://www.fool.com/investing/2021/11/12/why-astra-space-stock-is-going-to-the-moon-today/) Investors cheer a smaller-than-expected loss and plans for a successful launch. November 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/C4DE452B-C6C7-4B41-9CDE-A1BF3B364200.jpeg?w=696&ssl=1) ### Rocket 3.3 Successful Launch December 2021 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/63DFDA7D-FA18-4500-AB51-23B2C9A08E76.jpeg?w=696&ssl=1) ### [Kerrisdale Capital Report on Astra Space Inc. Published](https://www.kerrisdalecap.com/wp-content/uploads/2021/12/Astra-Space-Inc.-ASTR.pdf) Kerrisdale Capital Management published a report “[Astra Space Inc. : Headed For Dis-Astra”](https://newspaceeconomy.ca/wp-content/uploads/2022/07/astra-space-inc.-astr.pdf) during market hours on December 29, 2021. The report alleged a multitude of issues. On news of the report, Astra stock price dropped approximately 14% on December 29, 2021. January 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/32B7EBB4-5061-4C21-8B79-E3E9DEF77304.jpeg?w=696&ssl=1) ### [NASA VADR Program](https://www.nasa.gov/press-release/13-companies-to-provide-venture-class-launch-services-for-nasa) Astra is 1 of 13 companies selected by [NASA](https://www.nasa.gov/) to bid on venture class payload opportunities. February 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/6BA815B6-B9C6-4F15-A620-9ABF6730584B.jpeg?w=696&ssl=1) ### Class Action Lawsuit Filed Against Astra The Rosen Law Firm filed a [Class Action Complaint For Violation Of The Federal Securities Laws](https://newspaceeconomy.ca/wp-content/uploads/2022/07/astra-complaint.pdf) against Astra on February 9, 2022. February 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/091BF17A-DB5E-4BE1-8AB4-A59302490CD0.jpeg?w=696&ssl=1) ### Rocket 3.3 Launch Failure March 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/EBE9F4F3-38BD-4C99-B061-04B6A77DE57A.jpeg?w=696&ssl=1) ### [FY 2021 Investor Update](https://investor.astra.com/static-files/b8aa9b82-fe2f-4fc8-9c5c-4fdce242c43e) Astra’s backlog increased to $160 million in 2021. March 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/83E31761-5ECC-4553-91C1-0FD12FE157B7.jpeg?w=696&ssl=1) ### Rocket 3.3 Successful Launch March 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/38B10867-6902-46E6-8EF4-7D7AC3141BC9.jpeg?w=696&ssl=1) ### Multi Launch Contract With Spaceflight Inc. No details were shared relative to number of launches or value of the contract. April 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/1B52A711-4D6A-4CE5-B93A-98088E6593B0.jpeg?w=696&ssl=1) ### [Spacecraft Engine Contract With Leostella](https://astra.com/news/electric-propulsion-system-contract-with-leostella/) No details were shared relative to number of engines or value of the contract. April 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/EC9D7892-910E-48A7-8EC3-88395767AD16.jpeg?w=696&ssl=1) ### [New Player Is Getting Ready: Astra Launch History](https://orbitaltoday.com/2022/04/19/new-player-is-getting-ready-astra-launch-history-updated/) May 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/EBE9F4F3-38BD-4C99-B061-04B6A77DE57A.jpeg?w=696&ssl=1) ### [1Q22 Investor Update](https://investor.astra.com/static-files/c5228f3a-d5a6-4199-9ac5-1d5ee6e8fa3e) May 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/0DC0E158-DBBE-4846-BBF4-F9FC251B3B88.webp?w=696&ssl=1) ### [Astra Spacetech Day](https://astra.com/news/astra-spacetech-day-2022-recap/) Rocket 4.0 introduced, first launch forecast to be 3Q 2022. June 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/80D80A04-AD4A-4075-8702-E3E27E502C73.jpeg?w=696&ssl=1) ### Rocket 3.3 Launch Failure June 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/73D435A6-2C2A-4C1B-9938-69F67AD69735.webp?w=696&ssl=1) ### **[How did the TROPICS smallsats end up using a launch service provider with a 100% failure rate?](https://newspaceeconomy.ca/2022/06/22/how-did-the-tropics-smallsats-end-up-using-a-launch-service-provider-with-a-100-failure-rate/)** June 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/7C8F1A26-6513-4F25-96A2-AAEBE573E48B.png?w=696&ssl=1) ### [Astra’s stock drops 24% after rocket failed to deliver NASA’s mission to orbit](https://www.cnbc.com/2022/06/13/astras-stock-drops-after-rocket-failed-to-deliver-nasa-mission-to-orbit.html) June 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/1A3316A9-7687-48AD-8C3A-C8D3A1548BAC.jpeg?w=696&ssl=1) ### **[The next 6 months may determine if Astra has a future or is relegated to the dustbin of history…](https://newspaceeconomy.ca/2022/06/13/the-next-6-months-may-determine-if-astra-has-a-future-or-is-relegated-to-the-dustbin-of-history/)** Astra is learning that space is hard. The company currently faces significant challenges to achieving profitability, including: technology, financial, business model, and legal. The next six months are critical for the company… June 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/0D41804C-E4EB-4A17-8C04-F63549B8F86C.webp?w=696&ssl=1) ### [ASTR is down 90% as of June 30, 2020](https://newspaceeconomy.ca/2022/06/30/can-it-get-any-worse-new-space-economy-spac-companies-performance-over-last-52-weeks-as-of-june-30-2022/) July 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/6BA815B6-B9C6-4F15-A620-9ABF6730584B.jpeg?w=696&ssl=1) ### [Ongoing Lawsuits…](https://newspaceeconomy.ca/2022/07/04/class-action-lawsuit-filed-against-astra-astr-astraspace/) July 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/B2E233FB-D822-44FD-9225-982D7DDD08BD.jpeg?w=696&ssl=1) ### [Astra SWOT](https://newspaceeconomy.ca/2022/07/09/astra-space-inc-strengths-weaknesses-opportunities-and-threats-swot-astr-astraspace-astra-rklb-rocketlab-relativityspace-fireflyspace-ablspacesystems-virginorbit-spacex-ula/) Astra has more weaknesses and threats than strengths and opportunities. August 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/0AFC4E75-2A27-4FCC-BE0F-34D005431618.png?w=696&ssl=1) ### Commercial Launch Operations are Stopped Astra cancels all future Rocket 3 launches. Astra is abandoning Rocket 3 and is focusing on Rocket 4 development. August 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/B3B96AE9-382E-4BFE-A047-314AB9C63BD9.jpeg?w=696&ssl=1) ### [As losses mount, Astra announces a radical pivot to a larger launch vehicle](https://arstechnica.com/science/2022/08/as-losses-mount-astra-announces-a-radical-pivot-to-a-larger-launch-vehicle/) August 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/09974D83-3758-41B6-8D1D-0CD9E0953CF9.png?w=696&ssl=1) ### [Why Astra Space Stock fell to Earth this week](https://www.fool.com/investing/2022/08/25/why-astra-space-stock-fell-to-earth-this-week/) Investors looking for good news are likely in for a long wait. August 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/09974D83-3758-41B6-8D1D-0CD9E0953CF9.png?w=696&ssl=1) ### [Can Astra really compete with Rocket Lab?](https://www.fool.com/investing/2022/08/13/can-astra-really-compete-with-rocket-lab/) In 2024, Astra hopes to have a rocket twice as big as [Rocket Lab](https://rocketlabcorp.com/home/)’s Electron – but only 1/20 the size of [Rocket Lab](https://rocketlabcorp.com/home/)’s new Neutron. August 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/4E1F3A71-E41D-4EA3-9019-BF3B048945B1.jpeg?w=696&ssl=1) ### [ASTR Stock Drops Below $1 per Share](https://newspaceeconomy.ca/2022/08/24/will-astra-be-delisted-from-the-nasdaq-astr-astra-astraspace/) Astra is at risk of being delisted from Nasdaq. August 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/30784B1A-11C7-40DD-BF00-B4C4BB365B6B.png?w=696&ssl=1) ### [Spacecraft Engine Contract With Airbus OneWeb](https://astra.com/news/astra-announces-airbus-oneweb-satellites/) No details were shared relative to volume or value of the contract. August 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/C4CE72C1-4B13-4325-B635-F493F4AC547C.png?w=696&ssl=1) ### [NASA looking for new launch of remaining TROPICS smallsat](https://spacenews.com/nasa-looking-for-new-launch-of-remaining-tropics-cubesats/) September 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/32B7EBB4-5061-4C21-8B79-E3E9DEF77304.jpeg?w=696&ssl=1) ### [NASA Maintains Launch Contract With Astra](https://spacenews.com/nasa-and-astra-modify-tropics-launch-contract/) Terms changed to allow NASA to launch other, to be determined, payloads comparable to TROPICS. October 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/7C8F1A26-6513-4F25-96A2-AAEBE573E48B.png?w=696&ssl=1) ### [Rocket builder Astra Space receives delisting notice from NASDAQ](https://www.cnbc.com/2022/10/07/rocket-builder-astra-space-gets-delisting-warning-from-nasdaq.html) Astra has 180 days to raise their stock price above $1 or the company will be delisted from the NASDAQ stock exchange. October 2022 ### Astra announces they are replacing their CFO in November No details were shared on the reason for the change. October 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/5A77D2B8-6D28-4496-8009-86F273593B2D.png?w=696&ssl=1) ### [Astra Announces Contract for Spacecraft Engines with Maxar](https://astra.com/news/spacecraft-engine-contract-with-maxar-technologies/) No details were shared relative to volume or value of the contract. October 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/D80B47AE-CED0-4348-94CB-A38385CD00F4.png?w=696&ssl=1) ### [Astra Announces Contract for Spacecraft Engines with Astroscale](https://www.businesswire.com/news/home/20221013005451/en/Astra-announces-Spacecraft-Engine-Contract-with-Astroscale) No details were shared relative to volume or value of the contract. October 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/E2B8B409-91D2-444E-958F-DDF79FEEBB6E.jpg?w=696&ssl=1) ### [Astra announces they have over 200 firm orders (cumulative) for Astra Spacecraft Engines](https://spacewatch.global/2022/10/astra-celebrates-committed-orders-for-over-200-engines/) No details were shared regarding sale price or delivery timeframe. Also, the orders are cumulative, i.e. total todate.. **Assuming $250,000 ASP, this represents approximately $50 million in orders.** November 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/900C7857-9BF0-4A7D-9F02-2BF3A1CFF4EC.jpeg?w=696&ssl=1) ### [3Q2022 Investor Update](https://investor.astra.com/static-files/9efa8062-6d3a-41d1-9484-ce1a21ae6940) Losing $45 million per quarter with only $150 million remaining at the end of 3Q – without additional cash Astra will run out of money by September 2023. 16% workforce reduction announced. December 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/AFFED133-57B3-4A91-9D50-38243E3CBD23.png?w=696&ssl=1) ### [Astra’s Chief Engineer Resigns](https://www.cnbc.com/2022/12/02/astra-chief-engineer-benjamin-lyon-resigns-from-rocket-builder.html) Astra’s Chief Engineer and Executive Vice President of Engineering and Operations resigned to pursue “other opportunities”. December 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/6AE894E8-C93C-403C-BDDC-6E51AA4DBAE4.png?w=696&ssl=1) ### [Rocket Lab Steps in to Fix Astra’s Mistakes](https://www.fool.com/investing/2022/12/10/rocket-lab-steps-in-to-fix-astras-mistake/) NASA awards remaining launches for TROPICS mission to [Rocket Lab](https://rocketlabcorp.com/home/). Launches planned for 2023. December 20, 2022 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/D3E5EE27-B970-4B77-B3A4-BF4DCD2CB7BC.jpeg?w=696&ssl=1) ### **Astra’s stock price reaches all time low of $0.405 with a market capitalization of $109 million** April 4, 2023 ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/0EB963D3-DEEF-4EBE-9955-ED452C53898C.jpeg?w=696&ssl=1) ### **Astra’s stock must have been at least $1 for at least 10 consecutive business days prior to April 4, 2023 in order to avoid being delisted on that date.** 2023E ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/4D336B27-D650-45F8-B2B4-D55F743259CC.jpeg?w=696&ssl=1) ### Rocket 4.0 First Launch Astra has not provided specific timelines. ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/1393DA2C-4492-4651-8E48-823568D637CF.jpeg?resize=150%2C150&ssl=1) ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/A9439E07-ED68-4C7A-92F5-FF6A9A8CEDB9.jpeg?w=696&ssl=1) ### New Business Plan Astra’s original business plan was based upon building inexpensive rockets, offering inexpensive launch to LEO, and daily launches. Astra has not provided any details on their new business plan and the path to profitability. ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/1393DA2C-4492-4651-8E48-823568D637CF.jpeg?resize=150%2C150&ssl=1) ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/14EA6790-331D-49BB-BFB7-28923429513A.jpeg?w=696&ssl=1) ### Commercial Launch Operations Resume Astra has not provided specific timelines. ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/1393DA2C-4492-4651-8E48-823568D637CF.jpeg?resize=150%2C150&ssl=1) ![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/09/1393DA2C-4492-4651-8E48-823568D637CF.jpeg?w=696&ssl=1) ### Cash Flow Positive Astra has not provided timelines.