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Astra Space Inc. (formerly Ventions) Launch


tater
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Holding at T-15 min

 

Turned sound back on, sounds like go/no-go polling

before I turned sound off they said something about trying to "resolve this hold" so it's not just go/no-go.

Wayward boats is the hold.

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"WASHINGTON — Astra Space announced Aug. 4 it is canceling its existing small launch vehicle after its most recent failure and will focus instead on a much larger vehicle that may not be ready to fly customers until 2024."

"The company, which reported a net loss of $82.3 million and negative adjusted earnings before interest, taxes, depreciation and amortization of $48.4 million in the second quarter, has $200.7 million in cash and cash equivalents on hand. The company announced Aug. 2 an agreement with B. Riley Principal Capital II to sell up to $100 million in stock over the next two years."

Never really been an Astra fan, tbh. The smallsat launch market is a dead end. Not flying anything for real until 2024? Bad time to enter the market assuming that by then we have Starship at some level, plus Vulcan, plus NG, and possibly the new Rocket Lab vehicle (ignoring outfits like Relativity and Firefly).

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50 minutes ago, tater said:

"WASHINGTON — Astra Space announced Aug. 4 it is canceling its existing small launch vehicle after its most recent failure and will focus instead on a much larger vehicle that may not be ready to fly customers until 2024."

"The company, which reported a net loss of $82.3 million and negative adjusted earnings before interest, taxes, depreciation and amortization of $48.4 million in the second quarter, has $200.7 million in cash and cash equivalents on hand. The company announced Aug. 2 an agreement with B. Riley Principal Capital II to sell up to $100 million in stock over the next two years."

Never really been an Astra fan, tbh. The smallsat launch market is a dead end. Not flying anything for real until 2024? Bad time to enter the market assuming that by then we have Starship at some level, plus Vulcan, plus NG, and possibly the new Rocket Lab vehicle (ignoring outfits like Relativity and Firefly).

Not to mention, that customer is NASA of all things. Who paid to launch those satellites in 2022, not 2024 (and the first of which failed to reach orbit). Not a good look in the slightest

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Mobile launch for smallsats is a good idea, it gives inclination flexibility, the question is who needs smallsats in bespoke orbits at this point?

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On 6/14/2022 at 7:55 AM, StrandedonEarth said:

Burn, baby, burn....

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I don't know why this has me laughing. 

Probably the absurd perfection of using a rocket to reach the sea-floor.  (This kind of stuff is why I still like people, despite, you know... everything)

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