Astra stock surges after rocket builder reached orbit successfully


The company’s rocket LV0007 lifts off from Pacific Spaceport Complex in Kodiak, Alaska on November 20, 2021.


Shares of rocket builder Astra surged in trading on Monday after the company reached orbit for the first time over the weekend.

The company’s rocket LV0007 launched from the Pacific Spaceport Complex in Kodiak, Alaska on Saturday, carrying a test payload for the U.S. Space Force.

“Getting to orbit was really hard. Astra and only a few other companies – I can count them on one hand – have done this, ever,” Astra CEO Chris Kemp told reporters on Monday.

“We’re now focusing on delivering for our customers and scaling up the production and the launch cadence of our system,” Kemp…


0 0 votes
Article Rating

China sets the stage for easing as PBOC deletes phrases in new report

Previous article

Who is Lael Brainard? What to know about Biden’s Fed vice chair pick

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Investing