After being faced with a decision to be taken private or face bankruptcy, Astra Space‘s board decided to accept the co-founder’s proposal to purchase the remaining shares at a extreme discount to its original SPAC valuation. After years of struggles, its fate is still unknown.
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It was a bold decision by Astra to scrap its flight-proven (ish) Rocket 3.3 vehicle for a brand new “Launch System 2,” which includes a new Rocket 4 vehicle. But it seems to be paying off with the Space Force signing on for a mission in the next few years.
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At Astra’s Spacetech Day 2022, it unveiled a first look at Rocket 4, the company’s new, larger rocket which is set to have its first test launch later this year.
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