Astra Space (ASTR) Misses Q2 EPS by 11c

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Go back to Astra Space (ASTR) Misses Q2 EPS by 11c

Astra Announces Second Quarter 2022 Financial Results

August 4, 2022 4:05 PM EDT

ALAMEDA, Calif.--(BUSINESS WIRE)-- Astra Space, Inc. (Astra) (Nasdaq: ASTR) today announced financial results for its second quarter ended June 30, 2022.

Astra announces that after two of its four Rocket 3.3 flights were successful, the Company will transition to the next version of its launch system and is working with customers to re-manifest all payloads onto the new launch system, designed for higher capacity, reliability, and production rate.

"We have increased the design point of our new launch system to deliver up to 600-kilogram satellites to mid-inclination low Earth orbit over the... More