Astra conducts test launch | Business

ALAMEDA, Calif .– (BUSINESS WIRE) – August 28, 2021–

Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) conducted a test launch of its launcher, the LV0006.

The launcher took off at 3:35 p.m. Pacific time on Saturday, August 28, 2021. One of the five main engines shut down within a second of take-off, causing the vehicle to take off slowly from the air. platform before resuming its trajectory. After approximately two minutes and thirty seconds of flight, the range issued a command to stop all engines, terminating the flight. The vehicle reached an altitude of about 50 kilometers, before returning safely to Earth.

“We regret that we were not able to achieve all of the US Space Force’s mission objectives; however, we captured a tremendous amount of data from this test flight, ”said Chris Kemp, founder, president and CEO of Astra. “We will incorporate the lessons of this test into future launchers, including the LV0007, which is currently in production. “

Astra has opened an investigation into an incident and is working closely with the Federal Aviation Administration (FAA).

About the Astra space

Astra’s mission is to improve life on Earth from space by creating a healthier, more connected planet. Astra’s first space flight took place less than 4 years after its inception, making it the fastest company to reach space. Visit www.astra.com to learn more about Astra.

Safe Harbor Declaration

Certain statements made in this press release are “forward-looking statements”. Forward-looking statements can 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 fact. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. Therefore, caution should 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 inability to achieve projected development objectives, including as a result of decisions by government authorities or d ‘other third parties not under our control; (ii) changes in applicable laws or regulations; (iii) Astra’s ability to meet its financial and strategic objectives, due, among other things, to competition; (iv) Astra’s ability to pursue a growth strategy and manage profitability from growth; (v) the possibility that Astra will be affected by other economic, commercial and / or competitive factors; (vi) the effect of the COVID-19 pandemic on Astra and (vii) other risks and uncertainties discussed from time to time in our other public documents with the Securities and Exchange Commission.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210828005021/en/

CONTACT: Media contact:

Kati dahm

Investor contact:

Danish Lewis

[email protected]

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: RESEARCH TECHNOLOGY AERIAL ENGINEERING AEROSPACE SATELLITE TRANSPORT MANUFACTURING OF SCIENCE EQUIPMENT

SOURCE: Astra Space, Inc.

Copyright Business Wire 2021.

PUB: 08/28/2021 9:43 PM / DISC: 08/28/2021 9:43 PM

http://www.businesswire.com/news/home/20210828005021/en

Copyright Business Wire 2021.


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