spacetoday.net: space news from around the webin association with SpaceNews


Astra Space to go private
Posted: Sun, Mar 10, 2024, 9:18 AM ET (1318 GMT)
Astra Rocket 3.3 launch of LV0008, Feb 2022 (Astra Space/NASASpaceflight) Astra Space has accepted a proposal from its founders to take the company private. The satellite propulsion and launch vehicle company announced Thursday that its board approved a revised proposal from Chris Kemp and Adam London, CEO and CTO respectively, to take the company private at $0.50 per share. The deal is expected to close in the second quarter, after which Astra will no longer be publicly traded but instead owned by "a number of long-term investors" in the company, including Kemp and London. Astra said in a regulatory filing last week that, if that deal fell through, its only option was a Chapter 7 bankruptcy liquidation.
<<previous article   next article>>
news in brief
Rocket Lab wins contract for rocket cargo mission
Posted: Sat, May 10 9:49 AM ET (1349 GMT)

Capella Space to be acquired by quantum computing company
Posted: Sat, May 10 9:45 AM ET (1345 GMT)


news links
Saturday, May 17
Brush Fire Contained to 27.5 Acres at Vandenberg Space Force Base
Santa Barbara (CA) Edhat — 8:44 am ET (1244 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list