Astra (Private Investment)

Funding Details
Awarder
RSS - spacenews.com
Date Award
January 01, 2024
Vertical
Aerospace
Funding URL
View Funding Page
Premoney Valuation
$1,000,000
Valuation
$2,000,000
Funding Amount:
$44,000,000

Company Info
Founding Year
2016
Traction
Astra has faced challenges in its development timeline but is working hard to test stages this year, with plans for two demonstrations in 2026.
Organizations Involved
Department of Defense, Defense Innovation Unit
Founders
Chris Kemp
Company Description
Astra is a rocket startup focused on developing Rocket 4, a two-stage mobile launch vehicle aimed at delivering cargo globally in under an hour. The company is leveraging a $44 million contract with the Department of Defense to demonstrate rapid delivery of military cargo, utilizing its expertise in satellite propulsion and mobile launch systems.
Market
Defense
Location
Alameda, CA, US
Coinvestors
None

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