Astra reaches orbit

Astra reaches orbit – ANSA.it

Posted On: November 23, 2021
Posted By: Marsh Tyler
Comments: 0

Astra Space Corporation (“ASTRA”) (NASDAQ: ASTR) successfully completed the US Space Force’s first commercial orbital launch last Friday night, November 19, 2021 (Pacific Time). The launch (STP-27AD2) was launched from the Astra Kodiak Spaceport, located at the Pacific Spaceport complex in Kodiak, Alaska.

This press release includes multimedia content. View the full version here: https://www.businesswire.com/news/home/20211122006684/it/

The Astra LV0007 successfully reached orbit on Friday, November 19, 2021 (Photo: Business Wire)

The Astra launch system has been shown to determine the orbital positions of the test payload with an inclination of 86.0 ° at a distance of 500 km. The payload reached an orbital speed of 7.61 kilometers per second in 8 minutes 47 seconds.

“The orbital hit is a historic milestone for Astra,” said Chris Kemp, Astra founder, president and CEO. “Now we can serve our customers and increase missile production and launch frequency.”

For the launch of the United States Space Force, a contract for licensing model projects of another transaction agreement for the Defense Innovation Unit was signed.

Astra was founded in 2016 with the aim of promoting a new generation of space services through large constellations of small satellites in low Earth orbit. Motivated by the potential to allow daily access to space, the team set out to design a rocket that could be mass-produced, like cars, and a launch system capable of putting payloads into orbit from spaceports located in any part of the region. Globalism. In just five years, Astra was able to “find its own way” to go into orbit, launch after launch, improving capacity and operational efficiency with each new attempt.

“We owe this success to our fantastic team and to the culture we have developed at Astra,” said Adam London, Astra co-founder and CIO. “I admire the courage and commitment of continuing to innovate, launch, learn and iterate until success.”

Information about Astra

Astra’s mission is to improve life on Earth from space by creating a healthier and more connected planet. Astra now offers dedicated orbital launch services at a cost per launch that is among the lowest of any comparable operator in the world. Astra completed its first commercial orbital launch in November 2021, establishing itself as one of the US companies in history to reach this milestone as quickly as possible. Founded in 2016, Astra is headquartered in Alameda, California. Astra (NASDAQ: ASTR) was the first space launch company to be listed on Nasdaq. For more information about visit Astra www.astra.com.

Safe Haven Declaration

This press release contains certain “forward-looking statements”. Forward-looking statements may be identified by the use of words such as “expect,” “believe,” “expect,” “estimate,” “plan,” “prospect,” “project,” and other similar expressions that predict or refer to events or future trends. or that are not data of historical facts. These forward-looking statements reflect current analysis of existing information and are subject to various risks and uncertainties, including the inability of Astra to achieve its expected launch objectives. Readers are cautioned not to place excessive reliance on these forward-looking statements. Due to known and unknown risks, actual results may differ materially from Astra’s expectations or expectations with respect to the factors listed below, including: (i) failure to achieve expected development and launch goals, including due to decisions of governmental authorities or other third parties outside of our control and the weather and other suboptimal conditions that could impede launch attempts; (ii) changes in applicable laws or regulations; (iii) Astra’s ability to achieve its financial and strategic objectives, conditioned, among other things, by competition; (iv) Astra’s ability to pursue growth strategy and manage growth profitability; (5) the potential for Astra to be adversely affected by other economic, commercial and/or competitive factors; (6) the impact of the COVID-19 pandemic on Astra; (7) The ability to manage financial outflows during the company’s activities before income. (8) Other risks and uncertainties discussed from time to time in public communications and other documents submitted by Astra to the Securities and Exchange Commission.

“Commercial Orbital Launch” means a launch under a license for commercial launches issued by the Federal Aviation Administration (FAA).

The original text of this announcement, written in the source language, is the original official version. Translations are provided solely for the convenience of the reader and must refer to the original text, which is the only legally valid text.