Astra Space, Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals

New orleans--(business wire)--former attorney general of louisiana charles c. foti, jr., esq. and the law firm of kahn swick & foti, llc (“ksf”) are investigating the sale of astra space, inc. (“astra” or the “company”) (nasdaqcm: astr) to apogee parent inc., (“parent”) a private entity formed by chris kemp, astra's co-founder, chief executive officer and chairman, and dr. adam london, astra's co-founder, chief technology officer and director. the parent is expected to be owned, at the clos.

Los angeles, ca / accesswire / march 12, 2024 / the schall law firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in astra space, inc. ("astra" or "the company") (nasdaq:astr) for potential breaches of fiduciary duty on the part of its directors and management. the investigation focuses on determining if the astra board breached its fiduciary duties to shareholders.

Los angeles, ca / accesswire / march 11, 2024 / the schall law firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in astra space, inc. ("astra" or "the company") (nasdaq:astr) for potential breaches of fiduciary duty on the part of its directors and management. the investigation focuses on determining if the astra board breached its fiduciary duties to shareholders.

Alameda, calif.--(business wire)---- $astr #adastra--astra space, inc. (“astra” or the “company”) (nasdaq: astr) announced today that it has entered into a definitive merger agreement pursuant to which the acquiring entity (the “parent”) has agreed, subject to customary closing conditions, to acquire all shares of astra common stock not already owned by it for $0.50 per share in cash. on march 6, 2024, the closing price of astra's class a common stock was $0.86 per share. the parent was formed by chris kemp, astr.

Alameda, calif.--(business wire)--astra space, inc. (“astra”) (nasdaq: astr) today announced financial results for its third quarter ended september 30, 2023. recent business highlights: announced deliveries of 8 astra spacecraft engines™ out of sunnyvale manufacturing facility. these deliveries are expected to be recognized as revenue in q4 2023 following anticipated customer acceptance. signed two new astra spacecraft engine™ customer contracts totaling $11.7 million in contract value from th.

Astra Space (NASDAQ: ASTR ) stock is in the news Friday after the U.S. space travel company revealed plans to go private. Astra Space is being taken private by a new parent company created by co-founder, chairman and CEO Chris Kemp, and co-founder, director and Chief Technology Officer Dr. Adam London.

Space company Astra will go private in a cut-rate deal with its founders after a dismal run as a publicly-traded stock.

2024 might be the year space stocks break through years of shakiness and pre-revenue indecision. Already, we're seeing major companies like SpaceX, Rocket Lab USA (NASDAQ: RKLB ), and AST SpaceMobile (NASDAQ: ASTS ) rack up win after win.

While many space companies battened the hatches to survive, a few publicly-traded names are running on fumes.

In late December, Rocket Lab entered into an agreement with a government contractor to supply 18 new vehicles. This is a huge testament to commercial space operations and Rocket Lab's reputation within the industry.

Shares of Astra Space surged nearly 85% after the company's founders offered to take the company private in a $30 million deal, according to a securities filing.  The deal, proposed by CEO Adam London and Chairman Chris Kemp, valued Astra at $1.50 per share.

Virgin Galactic (SPCE) shares jumped after the company announced plans to pause space flights in 2023 to focus on developing its next generation of aircrafts. The move comes as Virgin Galactic laid off 18% of staff to "cut costs and realign resources".

Astra Space (NASDAQ: ASTR ) stock is rising higher on Thursday as investors in the space services company react to an offer to take it private. This offer comes from Chris Kemp and Adam London.

The founders of struggling space company Astra have offered to take the company private at a value of about $30 million.

Struggling space company Astra warned in a securities filing on Friday that it may not be able to raise needed cash as funds dwindle.