Small satellite launcher Astra: 300 launches in 2025, at $3.75M per launch, justifies $2.1B valuation

by Peter B. de Selding

PARIS — Small-satellite launch service provider Astra Space Inc., which has never placed a payload into orbit, is merging with a Craig McCaw-owned acquisition company and planning a subsequent IPO with a $2.1-billion enterprise value on the promise of ramping operations to 55 launches in 2023 and 300 in 2025.

Each launch will carry satellite payloads weighing 50 to 150 kilograms to low Earth orbit and will be priced at an average $3.75 million during that period. Launch revenue, expected to be $4 million this year from . . .

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