Astra

Astra

Provides cost-effective small satellite launch services

About Astra

Simplify's Rating
Why Astra is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Aerospace

Company Size

201-500

Company Stage

IPO

Headquarters

Alameda, California

Founded

2016

Overview

Astra provides launch services specifically for small satellites, catering to commercial businesses, government agencies, and research institutions that need reliable access to space. The company operates small, agile rockets designed to transport these satellites into low Earth orbit (LEO). Astra's approach focuses on making space more accessible by reducing the costs and complexities associated with satellite launches, which allows a wider range of customers to deploy their technology for various applications such as Earth observation and telecommunications. Unlike many competitors, Astra emphasizes efficiency and cost-effectiveness in its services, aiming to attract a diverse clientele and support the growing demand for satellite-based services.

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for small satellite launches due to IoT and 5G technologies.
  • U.S. government's investment in space defense boosts Astra's military launch market.
  • Growing space tourism interest drives innovation in Astra's launch technologies.

What critics are saying

  • Reliance on government contracts poses risk if future funding is reduced.
  • Privatization limits access to public capital markets, affecting future fundraising.
  • High-interest convertible note financing could strain Astra's financial resources.

What makes Astra unique

  • Astra focuses on cost-effective, frequent access to space for small satellites.
  • The company develops lightweight, agile rockets for diverse launch locations.
  • Astra offers online reservations for payload deliveries to sun-synchronous and low-inclination orbits.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$607.7M

Above

Industry Average

Funded Over

5 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Competitive Medical (HMO & PPO)/Dental/Vision plans

Company paid Short Term Disability and Long Term Disability plans

401K with company match

Flexible Spending Account

Commuter benefits

Caregiving support benefits

Company perks, like PetPlan, curated gym/travel/products discounts

Free lunch

Company events

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↓ -1%

2 year growth

↑ 1%
Bizmart
Apr 23rd, 2025
Astra's Rocket 4 Targets Pentagon-Backed Cargo Missions

Aiming to redefine global military logistics, Astra Space is developing its Rocket 4 launch system as a fast-response vehicle for suborbital and orbital cargo delivery missions, backed by a $44 million contract from the U.S. Department of Defense.

Astra
Mar 21st, 2025
Astra Appoints Missile Defense Pioneer Dr. Alan Weston to Lead Rocket Program

Alameda, CA - March 21, 2025 - Astra announced today that Dr. Alan Weston has joined the company as Head of Launch Program, bringing decades of leadership in space launch, missile systems, and national defense to deliver the world's most mobile and manufacturable launch system.

9to5Google
Mar 6th, 2025
Google 'Astra' ready to launch as it joins the main Gemini team alongside new VP

Making this change helps accelerate product development, with Astra officially announced last May at I/O 2024.

Payload Space
Oct 29th, 2024
Inside Astra's Rocket Reinvention

Astra is raising a $50M capital round to support the development of its launch vehicle, dubbed Rocket Four, CEO Chris Kemp told Payload.

Stock Titan
Jul 18th, 2024
Astra Announces Closing of Take-Private Transaction | ASTR Stock News

Astra Space goes private: Co-founders acquire all Class A shares for $0.50 each. Delisting from Nasdaq and reporting suspension follow. Learn about the transaction's impact and Astra's future plans post-privatization.

There are no jobs for Astra right now.

Find jobs on Simplify and start your career today

đź’ˇ
Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →