astra space

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.…

Astra is the space industry’s first SPAC bust of 2024

Astra has been thrown a critical lifeline in the form of new debt financing, which provides the company with a little more time to find funding to stave off catastrophe.…

Astra secures new debt agreement with assets as collateral

As Astra Space continues to search for a lifeline to avoid bankruptcy, the company is reportedly weighing up selling a 51% stake in its in-space propulsion business or selling other…

Astra Space weighs up selling parts of its business as it looks for cash