* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, September 2, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Liam Payne’s Cousin Ross Harris Honors Late Singer With Emotional Song ‘Bones’ – yahoo.com

    Liam Payne’s Cousin Ross Harris Honors Late Singer with Emotional New Song ‘Bones

    Country music star apologizes after drunken show ends with cops taking him down: ‘I’m not OK’ – PennLive.com

    Country Music Star Apologizes After Drunken Show Ends in Police Intervention: ‘I’m Not OK

    Comanche Nation Entertainment closes casino near Devol – KSWO 7News

    Comanche Nation Entertainment Closes Casino Near Devol in Surprising Move

    Erykah Badu Announces ‘Abi & Alan’ Album With The Alchemist Will Be Delayed – yahoo.com

    Erykah Badu Opens Up About the Delay of Her Highly Anticipated ‘Abi & Alan’ Album with The Alchemist

    If You Needed Some BTS Pics Of The Rock’s Tree Trunk Legs To Spice Up Your Day, We Got ‘Em – yahoo.com

    Need a Boost? Check Out These Epic BTS Shots of The Rock’s Tree Trunk Legs!

    Sabrina Carpenter’s pearl-clutching magic? Humor – CNN

    Sabrina Carpenter’s pearl-clutching magic? Humor – CNN

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    China’s CATL sells stake in Finnish subcontract car manufacturer – Reuters

    China’s CATL Sells Stake in Finnish Auto Supplier in Strategic Move

    This Secret Technology Will Make The IPhone 17 Super Thin Air – VOI.ID

    How This Breakthrough Technology Will Make the iPhone 17 Incredibly Thin and Lightweight

    Gator football kicks off with excitement and new technology – WCJB | TV20

    Gator Football Kicks Off with Thrilling Action and Innovative Technology

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Propelling solar technology into a perovskite future – CORDIS

    Propelling solar technology into a perovskite future – CORDIS

    13 Top Technology Trends (2025) – Exploding Topics

    13 Game-Changing Technology Trends to Watch in 2025

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Liam Payne’s Cousin Ross Harris Honors Late Singer With Emotional Song ‘Bones’ – yahoo.com

    Liam Payne’s Cousin Ross Harris Honors Late Singer with Emotional New Song ‘Bones

    Country music star apologizes after drunken show ends with cops taking him down: ‘I’m not OK’ – PennLive.com

    Country Music Star Apologizes After Drunken Show Ends in Police Intervention: ‘I’m Not OK

    Comanche Nation Entertainment closes casino near Devol – KSWO 7News

    Comanche Nation Entertainment Closes Casino Near Devol in Surprising Move

    Erykah Badu Announces ‘Abi & Alan’ Album With The Alchemist Will Be Delayed – yahoo.com

    Erykah Badu Opens Up About the Delay of Her Highly Anticipated ‘Abi & Alan’ Album with The Alchemist

    If You Needed Some BTS Pics Of The Rock’s Tree Trunk Legs To Spice Up Your Day, We Got ‘Em – yahoo.com

    Need a Boost? Check Out These Epic BTS Shots of The Rock’s Tree Trunk Legs!

    Sabrina Carpenter’s pearl-clutching magic? Humor – CNN

    Sabrina Carpenter’s pearl-clutching magic? Humor – CNN

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    China’s CATL sells stake in Finnish subcontract car manufacturer – Reuters

    China’s CATL Sells Stake in Finnish Auto Supplier in Strategic Move

    This Secret Technology Will Make The IPhone 17 Super Thin Air – VOI.ID

    How This Breakthrough Technology Will Make the iPhone 17 Incredibly Thin and Lightweight

    Gator football kicks off with excitement and new technology – WCJB | TV20

    Gator Football Kicks Off with Thrilling Action and Innovative Technology

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Propelling solar technology into a perovskite future – CORDIS

    Propelling solar technology into a perovskite future – CORDIS

    13 Top Technology Trends (2025) – Exploding Topics

    13 Game-Changing Technology Trends to Watch in 2025

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Science

Astra completes deal to go private

July 19, 2024
in Science
Astra completes deal to go private
Share on FacebookShare on Twitter

SEOUL — Astra Space ended more than three years as a public company July 18 by completing a deal to take the company private at a tiny fraction of what it was once valued at.

The company announced before the markets opened that it had closed a deal announced earlier this year with the company’s co-founders, Chris Kemp and Adam London, to take the company private at 50 cents per share. Shares had closed at 53.9 cents July 17.

The agreement ends Astra’s time as a publicly traded company a little more than three years after it made its debut on the Nasdaq. Astra went public through a merger with Holicity, a special purpose acquisition company (SPAC). Such mergers offered a shortcut for companies to go public compared to the traditional initial public offering process.

The market, though, soured on SPAC mergers in general and Astra in particular. Shares in Astra, when corrected for reverse stock splits, have fallen by more than 99% from its peak in the days after going public in July 2021. The company’s market capitalization went from several billion dollars to about $12 million.

Astra, running low on cash, considered bankruptcy several times in recent months before electing to accept the deal offered by Kemp and London, even after they slashed the per-share price by two thirds. A board committee concluded the only alternative to the deal was a bankruptcy filing that could liquidate the company.

Astra went public with plans to offer high-frequency, low-cost launches of small satellites on its Rocket 3 vehicle. However, that vehicle managed only two successful orbital launches on seven attempts, and the company retired the vehicle after a failure in June 2022 on a NASA mission.

The company planned to develop a larger vehicle, Rocket 4, but that have been delayed by the company’s financial problems. It has generated modest revenues from sales of electric propulsion systems using a design from Apollo Fusion, a company it acquired in 2021.

The announcement of the deal to go private offered few clues about the company’s future plans and how it will finance them. Kemp, appearing at the June 15 premiere in Washington of Wild, Wild Space, a documentary about Astra as well as Planet and Rocket Lab, said he had raised a “ton of money” to take the company private but did not disclose specifics.

“The team is super excited to, as a private company, just put our heads down, get focused on putting Rocket 4 back on the pad,” Kemp said at the screening. “Hopefully that will be a much more successful flight.”

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : SpaceNews – https://spacenews.com/astra-completes-deal-to-go-private/

Tags: AstraCompletesscience
Previous Post

Enhanced Dragon spacecraft to deorbit the ISS at the end of its life

Next Post

China launches new Gaofen-11 high resolution spy satellite

Russia and China redouble their efforts to reshape the world order – CNN

Russia and China redouble their efforts to reshape the world order – CNN

September 2, 2025
How Bad Bunny’s Puerto Rico Residency is Boosting the Economy – The New York Times

How Bad Bunny’s Puerto Rico Residency is Sparking a Local Economic Boom

September 2, 2025
Liam Payne’s Cousin Ross Harris Honors Late Singer With Emotional Song ‘Bones’ – yahoo.com

Liam Payne’s Cousin Ross Harris Honors Late Singer with Emotional New Song ‘Bones

September 2, 2025
Trump quashes health concerns on Truth Social, ‘never felt better in my life’ and tees up next battle with Fed’s Lisa Cook – Fortune

Trump Denies Health Rumors, Says He’s ‘Never Felt Better’ as He Gears Up for Next Showdown with Fed’s Lisa Cook

September 2, 2025
The 1600: The Hell-Cycle of Political Prosecutions – Newsweek

The 1600: The Hell-Cycle of Political Prosecutions – Newsweek

September 2, 2025
Construction of forest ecological security patterns based on MSPA model and circuit theory in the Desertification Control forests in South China Karst – Nature

Construction of forest ecological security patterns based on MSPA model and circuit theory in the Desertification Control forests in South China Karst – Nature

September 2, 2025
Bringing life science to life: Park Crossing teacher recognized – WSFA

Bringing life science to life: Park Crossing teacher recognized – WSFA

September 2, 2025
Take flight: EH seventh-graders learn science through paper airplanes – The Daily Reporter – Greenfield Indiana

Soar to New Heights: Seventh-Graders Explore Science with Paper Airplanes

September 2, 2025
Marcos orders lifestyle audit of all government officials — Dateline Philippines – Asian Journal News

Marcos Initiates Comprehensive Lifestyle Audit of Government Officials to Boost Accountability

September 2, 2025
China’s CATL sells stake in Finnish subcontract car manufacturer – Reuters

China’s CATL Sells Stake in Finnish Auto Supplier in Strategic Move

September 2, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (802)
  • Economy (821)
  • Entertainment (21,701)
  • General (16,809)
  • Health (9,862)
  • Lifestyle (835)
  • News (22,149)
  • People (822)
  • Politics (829)
  • Science (16,031)
  • Sports (21,319)
  • Technology (15,801)
  • World (802)

Recent News

Russia and China redouble their efforts to reshape the world order – CNN

Russia and China redouble their efforts to reshape the world order – CNN

September 2, 2025
How Bad Bunny’s Puerto Rico Residency is Boosting the Economy – The New York Times

How Bad Bunny’s Puerto Rico Residency is Sparking a Local Economic Boom

September 2, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version