As of August 19, 2023, there are several SPAC space economy businesses on the verge of bankruptcy, e.g. Astra, Momentus, and others. What happens after bankruptcy is declared?Read More What Does it Mean When a Space Economy Business Declares Bankruptcy in the United States?
When a company announces that it is “pursuing strategic options,” it typically means that the leadership is exploring various paths and alternatives to enhance shareholder value, address financial or operational challenges, or capitalize on new opportunities. This statement is often deliberately vague and can encompass a wide range of possible actions. This article explores what these strategic options might be.Read More Astra and Momentus are Both “Pursuing Strategic Options”… What Does That Mean?
The roller coaster ride from over $2 billion valuation to less than $200 million…Read More Astra Space Inc. Company History 2016 to the Present
Online resources compendiumRead More Space Economy Research Resources
What is the plan to profitability? Is there a plan?Read More Astra’s new business plan is… bankruptcy in 2023?