• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Department of Defense Awards Astra New Launch Contract Add-on

By: Astra Space, Inc. via Business Wire
May 16, 2023 at 09:05 AM EDT

Defense Innovation Unit adds first test flight of Rocket 4 to Launch Contract

Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) announced today that it has been awarded a launch contract add-on for Rocket 4’s first test flight with the U.S. Department of Defense (the “DoD”), facilitated by the Defense Innovation Unit (the “DIU”).

This award is an add-on to Astra’s existing contract with the DIU.

Rocket 4 is designed for a nominal payload capacity of approximately 600 kilograms to a 500 km mid-inclination orbit. The first launch is intended to test the overall operations of Launch System 2, collect flight data prior to re-commencing commercial flight operations, and ensure that Rocket 4 will support future DoD mission requirements.

The DIU works to strengthen America’s national security by accelerating the adoption of leading commercial technology and giving innovative American businesses the opportunity to solve high-impact national security problems.

“It is an honor to continue to work with the DoD to support a more resilient national space infrastructure,” said Dr. Tom Williams, Senior Director of Federal Sales at Astra. “We’re excited to have the support from the DIU on the first launch of Rocket 4.”

About Astra Space, Inc.

Astra’s mission is to improve life on Earth from space® by creating a healthier and more connected planet. Today, Astra offers one of the lowest cost-per-launch dedicated orbital launch services of any operational launch provider in the world, and one of the industry’s first flight-proven electric propulsion systems for satellites, Astra Spacecraft Engine™. Astra delivered its first commercial launch to low Earth orbit in 2021, making it the fastest company in history to reach this milestone, just five years after it was founded in 2016. Astra (NASDAQ: ASTR) was the first space launch company to be publicly traded on Nasdaq. Visit astra.com to learn more about Astra.

Safe Harbor

Certain statements made in this press release are “forward-looking statements”. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) our failure to meet projected development and delivery targets, including as a result of the decisions of governmental authorities or other third parties not within our control or delays associated with our move-in to our new production facility; (ii) changes in applicable laws or regulations; (iii) the ability of the Astra to meet its financial and strategic goals, due to, among other things, competition; (iv) the ability of Astra to pursue a growth strategy and manage growth profitability; (v) the possibility that Astra may be adversely affected by other economic, business, and/or competitive factors and (vi) other risks and uncertainties described discussed from time to time in other reports and other public filings with the Securities and Exchange Commission, including our registration statements, annual reports and quarterly reports.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230516005490/en/

Contacts

Investor Contact:

investors@astra.com

Media Contact:

press@astra.com

More News

View More
Microsoft 365 Premium Marks the Next Phase of AI Monetization
Today 11:46 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers MSFT
Could Target’s Week of Discounts Come Full Circle for Investors?
Today 10:15 EDT
Via MarketBeat
Topics Economy
Tickers AAPL GE TGT WMT
3 Reasons to Buy Sprouts Farmers Market Ahead of Earnings
Today 9:24 EDT
Via MarketBeat
Tickers SFM
Bassett Furniture: Buy Now, Sit Back, and Collect Dividends
October 11, 2025
Via MarketBeat
Tickers BSET ETD HVT
AST SpaceMobile's Big Win: Shares Soar on New Deal With Verizon
October 11, 2025
Via MarketBeat
Tickers ASTS JOBY RGTI T VOD VZ
Recent Quotes
View More
Symbol Price Change (%)
GOOG  237.49
-4.72 (-1.95%)
Site Logo
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap