#rocket4 — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #rocket4, aggregated by home.social.
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Chris Kemp unplugged—Astra’s CEO dishes on the space company’s struggles - Enlarge / Chris Kemp, founder and CEO of Astra. (credit: David Paul Mor... - https://arstechnica.com/?p=1962049 #chriskemp #science #rocket4 #launch #space #astra
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Astra’s new rocket won’t launch until 2024—if it ever flies - Enlarge / Astra revealed a prototype of its Rocket 4 launch vehicle in ... - https://arstechnica.com/?p=1960853 #smallsatlaunch #science #rocket4 #space #astra
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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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#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.