{"id":1202421,"date":"2023-11-13T10:15:43","date_gmt":"2023-11-13T15:15:43","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1202421"},"modified":"2023-11-13T10:15:43","modified_gmt":"2023-11-13T15:15:43","slug":"well-know-soon-if-astra-the-commercial-space-company-has-a-future","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1202421","title":{"rendered":"We\u2019ll know soon if Astra\u2014the commercial space company\u2014has a future"},"content":{"rendered":"<div id=\"rss-wrap\">\n<figure class=\"intro-image intro-left\">\n  <img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2023\/11\/51729325023_9e5446cd2e_k-2-800x533-1.jpg\" alt=\"Astra's Rocket 3 vehicle lifts off from Alaska on November 20, 2021, on the company's first successful launch into orbit.\" \/><\/p>\n<p class=\"caption\" style=\"font-size:0.8em\"><a href=\"https:\/\/cdn.arstechnica.net\/wp-content\/uploads\/2023\/11\/51729325023_9e5446cd2e_k-2.jpg\" class=\"enlarge-link\" data-height=\"1000\" data-width=\"1500\">Enlarge<\/a> <span class=\"sep\">\/<\/span> Astra&#8217;s Rocket 3 vehicle lifts off from Alaska on November 20, 2021, on the company&#8217;s first successful launch into orbit. (credit: Astra\/Brady Kenniston)<\/p>\n<\/figure>\n<div><a name=\"page-1\" \/><\/div>\n<p>Over the last two years, Astra has become one of just a handful of the dozens of startup launch companies to actually put something into orbit. This is a measure of the technical acumen of Astra engineers, who set out to execute on the vision of the company&#8217;s cofounders, Chris Kemp and Adam London.<\/p>\n<p>During the same period, Astra&#8217;s financials have taken a nose dive. When Astra went public in mid-2021, it had a valuation of $2.6 billion. The company&#8217;s market value is around $25 million, based on Astra&#8217;s closing price on the Nasdaq stock exchange.<\/p>\n<p>A week ago, Astra&#8217;s market value was even lower. The number rose after Astra revealed Thursday that Kemp and London made an offer to take the company private in a bid to save the startup they established in 2016.<\/p>\n<\/div>\n<p><a href=\"https:\/\/arstechnica.com\/?p=1983272#p3\">Read 19 remaining paragraphs<\/a> | <a href=\"https:\/\/arstechnica.com\/?p=1983272&amp;comments=1\">Comments<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nSource: Ars Technica &#8211; <a href=\"https:\/\/arstechnica.com\/?p=1983272\" target=\"_blank\" rel=\"noopener\">We\u2019ll know soon if Astra\u2014the commercial space company\u2014has a future<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Enlarge \/ Astra&#8217;s Rocket 3 vehicle lifts off from Alaska on November 20, 2021, on the company&#8217;s first successful launch into orbit. (credit: Astra\/Brady Kenniston) Over the last two years, Astra has become one of just a handful of the &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1202421\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1202422,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,110],"tags":[73],"class_list":["post-1202421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ars-technica","category-unfiltered-rss","tag-ars-technica"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1202421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1202421"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1202421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/1202422"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1202421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1202421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1202421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}