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Alaska's public aerospace company selects new leader after governor rejected previous choice adn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adn.com Daily Mail and Mail on Sunday newspapers.
Rocket startup Astra to go public in race for commercial space after suborbital launch from Kodiak Updated: February 3 Print article The rocket start-up Astra plans to go public, the company announced Tuesday, raising $500 million to bolster its position in the burgeoning market for space transportation. In a deal valued at $2.1 billion, Astra would become the first publicly traded company dedicated to delivering satellites into Earth’s orbit. The Alameda, Calif.-based rocket-maker intends to go public through a merger with a blank-check company, or what’s known as a special purpose acquisition company (SPAC), which acts as a financial vehicle to bypass the traditional IPO process. ....