Astra Space Is Running Out of Money...
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- Опубліковано 21 лип 2024
- For smaller rocket companies, they are tasked with the significant challenge of creating a launch vehicle capable of reaching orbit consistently. This process is not only immensely difficult, but also very expensive as you are bound to have failures along the way. Astra Space is a company that has been trying for years to create a small lift launch vehicle with the ability to reach orbit and deliver payloads.
Unfortunately for the company, this process has not gone the smoothest with quite a few failures stopping Astra in their tracks. Toward the middle of 2022, the company canceled its Rocket 3 line after a 7th failure. Even though this vehicle was able to reach orbit more than once, they knew they needed a system that could keep launching without issues.
This being said, the process of developing an entirely new rocket is also a very expensive process. Just days ago news came out that Astra defaulted on one of its loans, a bad sign for the company’s future. Here I will go more in-depth into Astra’s current finances, progress on its new rocket, what the future holds, and more.
Full article here - thespacebucket.com/is-astra-s...
For more space-related content check out - thespacebucket.com/
Credit:
Astra - / @astraspace
Chapters:
0:00 - Intro
0:53 - Loan Default
3:25 - Rocket 4 Production - Наука та технологія
I do hope they pull through. They have a great concept and have put a lot of work into this. Firefly aerospace was in a similar situation some years ago but pulled through.
What's going on with Firefly these days? Haven't heard much lately
After the successful Alpha launch, they are currently preparing for more launches for the US. Space Force, NASA, and other commercial launches@@iamaduckquack
@@iamaduckquack im heavily invested into redwire which just a few weeks ago sold firefly a cone for the tip of their new rocket... firefly, redwire, and sierra space all were funded by AE industrial partners and the 3 tend to partner on alot of projects
Firefly launched its first payload for US Space Force & introduced its lunar lander developed for a NASA contract that is scheduled to launch next year.
At least they delivered us the hovering rocket video. That was neat.
Spent money and wasted time on a production line in expensive alameda before they had a working prototype, they should fire kemp
Well, that's unfortunate, but there are a lot more space launch companies in existence than the market can possibly support. Most of them will go out of business before they even bend metal. Even if they don't survive, they at least put payloads into orbit. That is more than most others will ever do. Good luck to them.
Such a bummer. Shows just how difficult rocket science is.
Informative video but wow the audio narration is really, really distracting. Monotone. Last syllable of every sentence trails off to 20% volume. Hopefully this is solely received as constructive feedback to make future videos more popular. Very good content and thanks for creating it.
Hey, if you don't have a good business plan with a strong value proposition, then don't be surprised if your company fails. It is extra tough when your market is so tiny. The odds of success are not good if you don't have government contracts.
Thanks man...I 😎😎😎
🎉😊 hello to you All
bummer
Theirs news they’re taking it private? Selling investors shares at 1.56
Apart from good intentions does Astra have anything unique or that stands head and shoulders above its competition?
mass production maybe?
It's completely portable and launch operations only take two people. This is why I keep saying that Space Force will give them some money to keep going just to have that capability. Then again, firefly already did something close.
@@casualology. SpaceX and Rocket Lab has already demonstrated they have the resources to compete on this front.
I can't understand how this channel hasn't blown up het
It's because it often times repeats the same info just to make regular updates.
It doesnt@@Gnefitisis
@@Hungary_0987 no it does. Just watch anything about Dreamchaser. Like same information recycled between 20 videos....
@@Hungary_0987it very much does. If you watch all the videos on one topic you will see significant amounts of the what is said being repeated word for word.
The smallsat market is moving from a freighter model to a container ship model for rides to orbit, I'm not sure that what Astra is working on is going to be saleable even if they do keep things together long enough to fly a new rocket.
That isn't the case and most companies would much rather have designated rides so they don't have to spend so much money on extra fuel and motors. Ride share sends you up and drops you off vs this rocket takes you directly to the spot.
Aka cheaper to build and faster turn around. Years turn into weeks, turns into days.
Astra should’ve asked Elon to buy their Merlin rocket engines.
Too large and more powerful than what they need for the 1st stage let alone the smaller 2nd stage that they outsourced. They would have needed to start over from scratch.
Why would Elon want to sell his engines to a competitor? Besides, any rocket using the Merlin engine would essentially be a Falcon 9, and that is much bigger than Astra wants or is ready to operate at this time.
@odyssesrex5908,
It would be F9 class when using 9 Merlins in 1st stage. A single Merlin means a much smaller rocket. 🚀🏴☠️
It never seemed like the adults were in charge of this place. They struck me as being more interested in woke slogans than building a sound operation.
i sold my astra shares as soon as the company formed with supervoteing CEO shares
Get woke go broke