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Astra has also put all its equipment on wheels, with the company's leadership emphasizing the flexibility it wants to maintain as it builds out its production capabilities.Its near-term goal is to reach orbit, the next hurdle after its most recent launch broke the barrier to space in December. The next Astra launch is planned for this summer, which will also be the first to generate revenue for the company.
The company said the first fairing it used was made of composite carbon fiber, which is typical in the space industry given how light and stiff the material is. But the carbon fiber fairing cost $250,000, necessitating a different solution since the company wants to eventually get the total cost of its rocket down to less than $500,000.
Its goal is to reduce the number of people in mission control to just two, effectively a pilot and a co-pilot, by automating most of its processes.
Hmmmm rockets. How 20th century. Will this ipo be overpriced by billions also?
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Source: Forbes - 🏆 394. / 53 Read more »