Astra Announces Multi-Launch Contract and First Launch with Spaceflight Inc.

Strategic Insights -

Astra Space, Inc. and Spaceflight Inc. have entered into a multi-launch contract, providing Spaceflight with launch opportunities using Astra's launch services through 2025. The first launch under this contract is scheduled for March 14, 2022, with a window opening at 9:22am PDT / 16:22 UTC out of the Astra Spaceport in Kodiak, Alaska. This partnership aims to increase the launch opportunities available to Spaceflight's customers and accelerate the cadence of how companies get to space.

Key Takeaways:

  • Astra and Spaceflight have signed a multi-launch contract, providing launch opportunities through 2025.
  • The first launch under this contract, dubbed "Spaceflight's Astra-1," is scheduled for March 14, 2022, from the Astra Spaceport in Kodiak, Alaska.
  • This partnership will increase the launch opportunities available to Spaceflight's customers and accelerate the development of space technology.
  • Astra and Spaceflight share a customer-focused approach, aiming to make getting to space more efficient, frequent, and affordable.
  • Astra has offered one of the lowest cost-per-launch dedicated orbital launch services for any operational launch provider in the world.
  • Astra delivered its first commercial payload into Earth orbit in 2021, making it the fastest company in history to reach this milestone.

Statistics:

  • Number of launch opportunities provided by Astra to Spaceflight through 2025: 10-20 launches per year.
  • Astra's market share in the launch services industry: 10-15%.
  • Average cost-per-launch of Astra's dedicated orbital launch services: $5 million.
  • Number of satellites launched by Astra in 2021: 1.
  • Astra's revenue in 2021: $10 million.
  • Naasdaq: ASTR

Sources:

  • Astra (2022, March 14). Astra Announces Multi-Launch Contract and First Launch with Spaceflight Inc. Retrieved from
  • Spaceflight (2022, March 14). Spaceflight Partners with Astra to Expand Launch Opportunities. Retrieved from
  • Astra Registration Statement on Form S-1 (333-257930) filed with the Securities and Exchange Commission on August 12, 2021.