Chris J. KarrApr 16
w00t! Once upon a time, I hoped that Astra would finally burn out and Rocket Lab would pick up what remained of the Apollo Fusion company that Astra acquired, and built Hall thrusters. Looks like RKLB instead decided to build their own. #RKLB #HallEffectThrusters

Rocket Lab Unveils New Electri...
Rocket Lab Unveils New Electric Propulsion Satellite Thruster to Meet Constellation Demand

Rocket Lab has unveiled a new electric satellite thruster designed for high-volume production to serve national security and commercial satellite markets....

GlobeNewswire News Room
Chris J. KarrAug 4, 2023

"Astra is cutting about 70 employees, as well as reallocating about 50 personnel from its rocket development program over to its space products unit, which builds the company's spacecraft engines."

As a big fan of their spacecraft engine business, de-emphasizing the small launch market makes me more interested in this business as an investor again.

#Astra #HallEffectThrusters #NewSpace

https://www.nbcconnecticut.com/news/business/money-report/astra-conducts-layoffs-raises-debt-and-shifts-focus-to-spacecraft-engines-in-bid-to-survive/3080454/

Astra conducts layoffs, raises debt and shifts focus to spacecraft engines in bid to survive

Struggling space company Astra is cutting 25% of its workforce and restructuring to focus more on its spacecraft engine business.

NBC Connecticut