Tag: Astra Space
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Astra Space Secures Interim Financing Amidst Financial Struggles and Rocket Development Challenges
The company’s struggle to maintain its stock price above $1.00 and develop Rocket 4 has persisted for a year. Astra Space, a space launch and engine company, recently faced a default on a $12.5 million loan due to dwindling cash reserves, prompting the need for immediate funding On October 11, Astra Space failed to meet…