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. The company said on Monday that it had closed $13.4 million in initial debt financ…
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 parts of the business, like equipment, Bloomberg reported last night. …
Two years ago, Astra hailed its acquisition of satellite propulsion startup Apollo Fusion as a strategic move that would round out its launch business and bring expert engineers into the fold. But under Astra leadership, Apollo Fusion quickly disintegr…
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