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Re: None

Thursday, 10/13/2022 6:55:10 AM

Thursday, October 13, 2022 6:55:10 AM

Post# of 374
“6:29a ET 10/13/2022 - Dow Jones
Astra Space Inks Engine Contract Deal with Astroscale


By Dean Seal

Astra Space Inc. has signed an agreement to provide Astroscale Holdings Inc. with Astra spacecraft engines for its space sustainability spacecraft platform.

The company said Thursday that its engines will be used by Astroscale's platform, ELSA-M, to capture and retire multiple client satellites in a single mission.

The financial terms of the agreement weren't disclosed.

The development of the ELSA-M commercial service is being supported by the U.K. Space Agency and European Space Agency.

Shares of Astra rose 3% to 55 cents in premarket trading.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

October 13, 2022 06:29 ET (10:29 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.“

my posts are always theory and not financial advice

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