Astra | NewzPad

Astra secures new debt agreement with assets as collateral

Latest / Startup / Technology

Astra secures new debt agreement with assets as collateral

November 7, 2023November 8, 2023 - by Amit Yadav - Leave a Comment

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. …

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Astra establishes subsidiary for spacecraft engine business

Latest / Startup / Technology

Astra establishes subsidiary for spacecraft engine business

July 5, 2023July 6, 2023 - by Amit Yadav - Leave a Comment

Astra is carving out its spacecraft engine business as a wholly owned subsidiary, a corporate restructuring that will provide greater flexibility in hiring and financing, according to documents viewed by …

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NASA selects Rocket Lab to launch TROPICS satellites

Latest / Startup / Technology

NASA selects Rocket Lab to launch TROPICS satellites

November 23, 2022November 24, 2022 - by Amit Yadav - Leave a Comment

NASA has found a new launch provider for its extreme weather observation satellites. The agency announced Wednesday that it has selected Rocket Lab to launch its Time-Resolved Observations of Precipitation …

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Astra will no longer launch NASA’s TROPICS satellites

Latest / Startup / Technology

Astra will no longer launch NASA’s TROPICS satellites

September 28, 2022September 30, 2022 - by Amit Yadav - Leave a Comment

Rocket launch company Astra will no longer send the remaining NASA TROPICS payloads to space, but instead will launch other “comparable” scientific missions for the agency, the company announced Wednesday. …

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