πŸ“† 2021, #AstraSpace went public at a "pro-forma enterprise value of approximately $2.1 billion" πŸ’°.The company's stock even traded above πŸ“ˆ this valuation. But then, rockets started failing πŸ’₯. 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 〽️ 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 🏴󠁧󠁒󠁳󠁣󠁴󠁿 : #Hylmpulse πŸ‡©πŸ‡ͺ will attempt sub-orbital launches from πŸ“† August 2024. Full #orbital launches πŸš€ will take place from πŸ“† 2025.
#RocketFactory Ausburg (#RFA) πŸ‡©πŸ‡ͺ is also planning an #orbital launch πŸš€ early next year, followed by a #LockheedMartin / #ABLSpace πŸ‡ΊπŸ‡Έ #launch later in πŸ“† 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 πŸ’°. 27 companies signed up for an "industry day" πŸ€‘. "#Price is always a factor because we want to be good stewards of #taxpayer dollars. We’ve saved almost 50 percent 〽️ 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 πŸ₯ˆ 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 πŸ“† 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 2022β€”The Ars Technica power ranking

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

Ars Technica