130 days ago • Posted by William Ramstein

Astra Space to IPO through a SPAC for a $2.1B valuation

With orbital technology becoming more popular an equity, the company says it is able to lift satellites weighing about 100 pounds into low-earth orbit, but gradually hopes to increase that capacity about fivefold. Astra’s move comes amid a boom in the use of relatively compact satellites for internet access, earth imaging, military applications and other purposes.

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