Astra launch reaches orbit, cheers investors
by Paul Brinkmann
Washington DC (UPI) Nov 22, 2021
The stock price for small-rocket company Astra Space, of California, rose more than 30% at one point Monday after the firm reached orbit for the first time over the weekend, carrying a U.S. Space Force test payload from Alaska.
The Astra Rocket 3 was only the seventh one built by the company based in Alameda, near San Francisco. Astra Space now joins the small number of commercial orbital launchers -- SpaceX, Rocket Lab and Virgin Orbit, all three of which also are based in California.
Astra's stock closed at $11.17, up 17.2%.
"Reaching orbit is a historic milestone for Astra," Chris Kemp, Astra founder and CEO, said in a news release. "We can now focus on delivering for our customers and scaling up rocket production and launch cadence."
SpaceX founder and CEO Elon Musk tweeted an acknowledgement of Astra's Friday night achievement the next day on Twitter, saying "Congrats! Orbit is not easy."
Astra's rocket is relatively small, at just over 38 feet, compared to SpaceX's Falcon 9, which is more than 229 feet high. Rocket Lab's Electron is 56 feet high.
Astra includes former NASA and SpaceX executives, led by Kemp, a former NASA chief technology officer.
An Astra rocket reached space for the first time in August 2020, but failed to achieve orbit around the Earth.
The launch Friday, known as STP-27AD2, lifted off from Astra's launch complex at the Pacific Spaceport Complex in Kodiak, Alaska.
The Department of Defense's Space Test Program, or STP, provides launches for military and intelligence agencies. The department doesn't reveal much detail about the items that are launched.
Maritime Launch Services announces Nanoracks as payload provider; Unveils Spaceport Nova Scotia design
Halifaxw, Canada (SPX) Nov 22, 2021
Maritime Launch Services, one of Canada's leading aerospace firms and the owner of the country's first commercial spaceport, announced that Nanoracks, a Voyager Space company and the leading commercial payload provider to the International Space Station (ISS), will serve as the company's first client when Spaceport Nova Scotia's operations go live in 2023. For this first mission, Nanoracks will deploy customer SmallSats and host spacecraft technology demonstrations. Nanoracks is currently engaged ... read more
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.