Video News

Astra Is Latest Rocket Company to Go Public

Feb.25 — The return of the space race has more companies and investors looking for ways to get into the industry. Astra is the first rocket company since 1990 to announce it will go public, and the latest space SPAC since Virgin Galactic in 2019. The California garage startup, which now occupies a quarter-of-a-million square foot facility in Alameda, is valued at $2 Billion. The company provides rocket launches for $3 Million each, significantly less than that of SpaceX and Rocket Lab. Bloomberg’s Emily Chang reports.

Products You May Like

Articles You May Like

Samsung ISOCELL HP3 200-Megapixel Image Sensor Unveiled With Super QPD Auto-Focus Technology
Government Orders Employees Not to Use Google Drive, Dropbox, VPNs
Apple AR Glass Enters Design Development Stage to Debut in 2024: Report
Instagram Testing Full-Screen Feed, Will be Available to Users Soon: Mark Zuckerberg
West Bengal Startup Develops New Device That Can Produce Oxygen From Water

Leave a Reply

Your email address will not be published.