Astra Space Inc πŸš€ πŸ›° - ($ASTR) - Share chat

Third quarter earnings.

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Some bullish takeaways post earnings call:

  1. FAA mishap investigation has been β€œresolved.”

  2. The coming launch is about to happen in the coming days (they didn’t announce a problem with it)

  3. December launch still on schedule.

  4. Phase 1 factory expansion is on schedule to finish before the end of the year, which means monthly launches shouldn’t be a problem from a production standpoint.

  5. Satellite constellation is laying the groundwork for space services that move beyond broadband.

  6. Initial satellite constellation (phase 1) does not require a capital raise.

  7. They have enough cash for 6-9 quarters

All that said, share price has remained steady and it looks like the perfect ramp if launch is successful over the weekend

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Thanks @0ziris :+1:

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What a night! So proud of Astra and their hard working team.

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:rocket:Awesome news :clap: First step accomplished​:rocket:

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A congratulations from Elon musk, are we looking at a bigger take off ?

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Not doing as great as I’d hoped…

Totally agree. Really good news and then all the big boys / retail investors bailout. Next successful launch should hopefully see another bump.

Did anyone see the intetview with Chris Kemp on CNBC this morning?

Also I think most of everything is flat and depreciating due to the fact everyone is excited and gearing up for Thanksgiving Weekend!