On Wednesday morning, a surprising email popped into my inbox with the following subject line: "Astra announces Department of Defense contract valued up to $44 Million."

I had to read it a second time to make sure I got it right. Astra, the launch company? Astra, whose valuation went from $2.6 billion to $25 million after a series of launch failures? Astra, the company that was taken private in July at 50 cents a share?

Yes, it was that Astra.

Read full article

Comments