๐Ÿ“† 2021, #AstraSpace went public at a "pro-forma enterprise value of approximately $2.1 billion" ๐Ÿ’ฐ.The company's stock even traded above ๐Ÿ“ˆ this valuation. But then, rockets started failing ๐Ÿ’ฅ. Only two of the seven launches of the company's "Rocket 3" vehicle were successful.
It faces stiff competition from #RocketLab, #Firefly, #ABLSpace and #StokeSpace. Additionally, all of these small launch companies have been undercut in price ใ€ฝ๏ธ by #SpaceX https://arstechnica.com/space/2024/03/after-astra-loses-99-percent-of-its-value-founders-take-rocket-firm-private/

#SpaceCompany

After Astra loses 99 percent of its value, founders take rocket firm private

First you burn the cash, then comes the crash.

Ars Technica
#SaxaVord #Spaceport ๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ : #Hylmpulse ๐Ÿ‡ฉ๐Ÿ‡ช will attempt sub-orbital launches from ๐Ÿ“† August 2024. Full #orbital launches ๐Ÿš€ will take place from ๐Ÿ“† 2025.
#RocketFactory Ausburg (#RFA) ๐Ÿ‡ฉ๐Ÿ‡ช is also planning an #orbital launch ๐Ÿš€ early next year, followed by a #LockheedMartin / #ABLSpace ๐Ÿ‡บ๐Ÿ‡ธ #launch later in ๐Ÿ“† 2024 https://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-67426303
Rocket launch from Shetland spaceport announced for next year

A number of companies are working to be the first to launch a rocket from the SaxaVord spaceport.

BBC News

Contracts worth more than $10 billion ๐Ÿ’ฐ. 27 companies signed up for an "industry day" ๐Ÿค‘. "#Price is always a factor because we want to be good stewards of #taxpayer dollars. Weโ€™ve saved almost 50 percent ใ€ฝ๏ธ over what the older prices were like for the Delta Heavy" https://arstechnica.com/science/2023/03/the-gold-rush-for-the-next-round-of-military-launch-contracts-has-started

#SpaceCompany #competition #NorthropGrumman #SpaceX #BlueOrigin #RocketLab #RelativitySpace #ABLSpace #ULA

The gold rush for the next round of military launch contracts has started

Everything you've ever wanted to know about military launch procurement.

Ars Technica

By @sciguyspace ๐Ÿฅˆ To #equal #SpaceX's total of 60 #launches in 2022, #ULA would have to count up every one of its launches since the spring of ๐Ÿ“† 2015 https://arstechnica.com/science/2022/12/top-us-launch-companies-of-2022-the-ars-technica-power-ranking/2/

#UnitedLaunchAlliance #RocketLab #NorthropGrumman #VirginOrbit #Firefly #BlueOrigin #RelativitySpace #ABLSpace #Astra - This list could have easily stretched to 15 or even 20 companies in the United States that are #attempting to build #orbital launch vehicles

#SpaceCompany

Top US launch companies of 2022โ€”The Ars Technica power ranking

The top three were easy to choose. After that, things got tough.

Ars Technica