In this articleSIDUASTRMNTSA view from onboard the upper stage of rocket LV0009 during the company's livestream on March 15, 2022.Astra / NASASpaceflightThe space sector's on the tail end of a boom-and-bust cycle. While many companies battened down the hatches to survive, a few publicly-traded names are running on fumes.A flurry of about a dozen space companies went public over the last few years. Although each have had fairly dismal stock performances since their debuts, the majority are still moving forwa ...

The space exploration industry has garnered a lot of attention in recent years. The exciting progress of SpaceX, which was founded by Tesla CEO Elon Musk, has helped bring commercial space applications to the mainstream.One company making noticeable strides is Rocket Lab USA (RKLB -2.02%). The company markets itself as an end-to-end space business -- specializing in launch services, satellite manufacturing, and software used on spacecraft.At just $5.45 per share, the stock is hovering around all-time lows. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 001-39426 ASTRA SPACE, INC. (Exact Name of Registrant as Specified in its Charter) ...

Astra Space, Inc. (NASDAQ:ASTR) Q2 2023 Earnings Conference Call August 14, 2023 4:30 AM ET Company Participants Andrew Hsiung - VP of Strategic Finance and Capital Markets Chris Kemp - Founder, Chairman and CEO Axel Martinez - CFO Conference Call Participants Andre Madrid - Bank of America Suji Desilva - ROTH MKM Operator Ladies and gentlemen, good afternoon. My name is Abby, and I will be your conference operator today. At this time, I would like to welcome everyone to Astra's Second Quarter Fiscal 2023 F ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 001-39426 ASTRA SPACE, INC. (Exact Name of Registrant as Specified in its Charter) Delaw ...

ASTRA INVESTOR UPDATE DISCLAIMER AND FORWARD-LOOKING STATEMENTS Certain statements made in this press release are “forward-looking statements”. Forward-looking Accordingly, none of Astra nor its respective affiliates and advisors makes any representations as to statements may be identified by the use ofwords such as “anticipate”, “believe”, “expect”, “estimate”, the accuracy or completeness of this data. Certain amounts related to the transaction described “plan”, “outlook”, and “project” and other similar ...

Start Time: 16:30 January 1, 0000 4:57 PM ET Astra Space, Inc. (NASDAQ:ASTR) Q1 2023 Earnings Conference Call May 15, 2023, 16:30 PM ET Company Participants Chris Kemp - Founder, Chairman and CEO Axel Martinez - CFO Martin Attiq - Chief Business Officer Andrew Hsiung - VP, Strategic Finance and Capital Markets Conference Call Participants Edison Yu - Deutsche Bank Andre Madrid - Bank of America Operator Ladies and gentlemen, thank you for standing by and welcome to the Astra's First Quarter Fiscal 2023 Fina ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 001-39426 ASTRA SPACE, INC. (Exact Name of Registrant as Specified in its Charter) Dela ...

Astra Space, Inc. (NASDAQ:ASTR) Q4 2022 Earnings Conference Call March 30, 2023 4:30 PM ET Company Participants Andrew Hsiung - VP, Strategic Finance and Capital Markets Chris Kemp - Founder, President, Chairman & CEO Axel Martinez - Chief Business Officer Martin Attiq - Chief Business Officer Conference Call Participants Mariana Pérez Mora - Bank of America Edison Yu - Deutsche Bank Operator Good day, and welcome to Astra's Fourth Quarter Fiscal 2022 Financial Results Conference Call. Today's call is being ...

Launch Achievements - Astra successfully launched vehicle LV0007 into orbit on November 20, 2021, achieving an altitude of 500 km and a velocity of 7.61 km/s, marking it as one of the fastest U.S. companies to demonstrate orbital placement[9] - The company has conducted three commercial launches to date, delivering a total of 23 satellites into low Earth orbit[9] - Astra plans to conduct its first test launch of Launch System 2 by the end of 2023, with commercial launches expected to commence in 2024[9] Business Strategy and Market Position - Astra announced 237 cumulative committed orders for the Astra Spacecraft Engine by November 8, 2022, with the business completing its second customer program[11] - The space economy grew by 8% to $464 billion in 2022, with Astra's strategy focused on capturing a significant share of this market through increased launch capabilities and production scaling[12] - Astra's Launch System 2 is designed to service 80% of the addressable satellite market, aiming to lead the market in lowest cost launch[12] Facilities and Production Capacity - The company moved into a new 60,000 square feet production facility in Sunnyvale, California, with an expected annual capacity of almost 500 units for the Astra Spacecraft Engine[12] - The company has two manufacturing facilities and two test facilities totaling over 300,000 square feet, designed for scaled operations[17] Workforce and Diversity - As of December 31, 2022, Astra had 359 full-time employees, primarily based in the San Francisco Bay Area, with a focus on attracting and retaining talent[18] - Approximately 22% of full-time employees are women and 34% belong to historically underrepresented groups, reflecting the company's commitment to diversity[19] - The company has a focus on employee development and succession planning to build a pipeline of talent[19] Financial Position and Performance - As of December 31, 2022, the company had $21.9 million in cash equivalents and $69.2 million in marketable securities, primarily for working capital purposes[134] - Total assets decreased to $174.7 million from $499.0 million in 2021, representing a decline of approximately 65%[156] - The company reported a net loss of $411,438,000 for the year ended December 31, 2022, compared to a net loss of $257,782,000 in 2021[160] - The accumulated deficit grew to $1.82 billion in 2022, compared to $1.41 billion in 2021, indicating an increase of approximately 29%[156] Impairments and Liabilities - The company reported a non-cash impairment charge of $58.3 million for goodwill, fully impairing the goodwill balance[149] - A non-cash impairment charge of $72.1 million was recorded for property, plant, and equipment, reflecting significant impairment indicators[152] - Total current liabilities increased to $81.5 million in 2022, up from $40.7 million in 2021, marking an increase of approximately 100%[156] Revenue and Expenses - Total revenues for the year ended December 31, 2022, were $9,370,000, compared to no revenues in 2021[158] - Research and development expenses increased to $140,666,000 in 2022, up from $80,398,000 in 2021, reflecting a growth of 75%[158] - Total operating expenses for 2022 were $398,692,000, significantly higher than $154,561,000 in 2021, indicating a rise of 158%[158] Regulatory and Market Risks - The company has been granted commercial space transportation licenses by the FAA for its Rocket v3.0 and Rocket v3.3, effective through March 9, 2026, and plans to seek similar licenses for Rocket 4[23] - The company is subject to stringent U.S. import and export control laws, including ITAR and EAR, which could impact its ability to compete and operate effectively[25] - The company may face additional financial costs due to potential changes in FCC regulations affecting its satellite operations[24] Future Outlook and Funding Needs - The company has substantial doubt about its ability to continue as a going concern due to operating losses and additional capital needs[143] - The company needs to raise substantial additional funds through debt or equity financing to proceed with its business plan[174] - The company anticipates no material impact from recently issued accounting standards on its financial position or results of operations[207] Stock and Equity - The Company has authorized a total of 466,000,000 shares of stock, including 400,000,000 shares of Class A common stock and 65,000,000 shares of Class B common stock, as of December 31, 2022[272] - The 2021 Omnibus Incentive Plan reserved 36.8 million shares of Class A common stock for issuance, with an increase of 13.1 million shares on January 1, 2022[276] - The Company entered into a Common Stock Purchase Agreement with B. Riley, allowing the sale of up to $100.0 million of Class A common stock over a 24-month period[274] Legal and Compliance Matters - The Company intends to defend against ongoing litigation, including the Securities Action and Gonzalez Action, which are currently in early stages[266] - The Company has a retention of $20.0 million under its Directors' and Officers' policy for legal claims[267]