#astr — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #astr, aggregated by home.social.
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NASA ends MAVEN mission after spacecraft failure, concluding key Mars atmospheric loss research
📰 Original title: Adiós a la sonda MAVEN, la misión que nos enseñó cómo desapareció la atmósfera de Marte
🤖 IA: It's not clickbait ✅
👥 Users: It's not clickbait ✅#astr...
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Worldcoin’s WLD Token Skyrockets 142%, Leading Crypto Market’s Week of Surges - This week, WLD token from the Worldcoin project soared by 142.7% against the U.S. ... - https://news.bitcoin.com/worldcoins-wld-token-skyrockets-142-leading-crypto-markets-week-of-surges/ #blockchaincenter.com #altcoinseasonindex #cryptocurrency #marketupdates #worldcoin #crypto #astar #astr #bgb #fet #sei #stx #wld #ar
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Liquidated my Astra (#ASTR) position. Took a 99% loss on that one since the SPAC offering and the latest news is basically that of a clown car.
Haven't put much into it since the SPAC era, and the remaining horse that I'm riding is #RKLB since #VORB went out of business earlier this year.
Still bullish on the space sector and still believe will lead to some great returns in the future, but it's clear that there's a lot of churning in the years ahead.
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"The string of chronic issues bred frustration, ultimately leading to all but two of Apollo Fusion engineers and staff leaving the company, LinkedIn data and interviews with multiple sources show."
Oof. Glad I didn't sink any money into Astra after announcing their shift to satellite engines. Dead company walking!
https://techcrunch.com/2023/08/28/astras-apollo-fusion-acquisition-followed-by-delays-and-desertion/
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Solid interview with Chris Kemp of Astra. After reading Vance's "When the Heavens Went on Sale", I read this as Kemp doing what he does best - not building rockets, but peddling Hopium. (Disclosure, I'm [still] an ASTR shareholder/bagholder who lost a LOT of money on the company to date.)
While I'm VERY skeptical that the satellite engine business will keep the enterprise afloat, this was an interesting look into the man's psychology.
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#ASTRA is looking to raise $65 million to keep the doors open.
Assuming a constant burn rate that will give them enough money to keep going until Q1 2024.
By then Rocket 4.0 hopefully would've launched and the Astra Space engine would be generating non-negligible amounts of revenue.
In their latest annual report they mentioned that they had 278 engines in backlog, at 250k per engine, that is almost $70M in revenue or close to 30-$35M in earnings.
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@laimis It's good to see one of my launcher bets paying off.* :-)
I invested in Astra and Virgin Orbit and both of those have been pretty much complete losses, though Astra protests otherwise and that they'll get that share price back up with the un-flown Rocket 4.
* Since I got in early in the SPAC days, I'm still underwater on RKLB, but that's not a problem, as I have full faith in the company and expect it to surge once the market calms down a bit.
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"That leaves the launch market facing a strange paradox: Technical challenges and robust competition have made it difficult for new rocket builders to gain traction and raise funding, leading to predictions of a brutal rocket-maker winnowing. Meanwhile, satellite operators say they want more and better options to put hardware on orbit."
https://qz.com/emails/space-business/1850145174/space-business-failure-to-launch
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#PlaneAlert ICAO: #4400D0 Tail: #OEGBD
Owner: #TyrolAirAmbulance
Aircraft: #IAI 1125 Astra SPX
2023/02/15 15:18:47
#ASTR #AirAmbo #MedicalEvac #SavingLives https://www.taa.at/en/air-ambulance
https://globe.adsbexchange.com/?icao=4400D0&showTrace=2023-02-15&zoom=7&lat=52.432018&lon=10.563354×tamp=1676470727