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Inside Astra’s rocket factory, as the company prepares to go public

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Astra VP of manufacturing Bryson Gentile, left, and CEO Chris Kemp take a protective cover off a rocket fairing half.

Michael Sheetz | CNBC

ALAMEDA, California — Rocket builder Astra wants to simplify the launch business, with the soon-to-be-public company on a quest to both cut manufacturing costs while dramatically increasing the number of launches to a daily rate.

Astra is preparing to go public by the end of June through a merger with SPAC Holicity, in a deal that will infuse as much as $500 million capital into the company. In the meantime, Astra is expanding its headquarters on the San Francisco Bay while the company prepares for its next launch this summer.

A SPAC, or special…



Source cnbc.com

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