On Wednesday morning, a surprising email popped into my inbox with the following subject line: “Astra announces Department of Defense contract valued up to $44 Million.”
I had to read it a second time to make sure I got it right. Astra, the launch company? Astra, whose valuation went from $2.6 billion to $25 million after a series of launch failures? Astra, the company that was taken private in July at 50 cents a share?
Yes, it was that Astra.
This was curious, indeed. To get some answers, I spoke with the cofounder of Astra, Chris Kemp, who remains the company’s chief executive.
“If I have learned anything, it’s that you just don’t give up,” Kemp said. “You know, if you give up easily, this is not the place to be. Fortunately, I am surrounded by a team that has chosen not to give up.”
Rocket 4 becomes more real
I’ll be frank: When Kemp and his co-founder, Adam London, took Astra private this summer, I never expected to hear from the company again. Astra certainly was not the first launch company to fail, and it won’t be the last. But it is the first to seemingly resurrect itself in such a dramatic way.
To be clear, Astra is not back yet. The company remains in the phase of building and testing rocket stages and engines and does not have a launch vehicle ready to go. Its new booster, Rocket 4, will launch no earlier than the fourth quarter of 2025, Kemp said. (That date should probably be viewed with some skepticism).
The company has previously discussed Rocket 4, which is intended to carry 600 kg to low-Earth orbit, as far back as August 2022. But at the time, most of the launch industry, including this reporter, shrugged and moved along. After all, the company’s smaller vehicle, Rocket 3, failed on five of its seven orbital launch attempts. The general sentiment was that the new rocket would never fly.
However, even as Astra’s finances worsened and the company had to stave off bankruptcy by being taken private, not everyone dismissed the vision. In April 2023, the US Space Force awarded a task order for Rocket 4 to launch the STP-S29B mission. That was interesting, but it was just a single data point. Then came this week’s announcement that the US Department of Defense’s “Defense Innovation Unit” had awarded a grant worth up to $44 million to Astra for a “tactically responsive launch system.”
“The vehicle’s max design gimbal condition is during ascent when it has to fight high-altitude winds.”
Blue Origin’s first New Glenn rocket, with seven BE-4 engines installed inside the company’s production facility near NASA’s Kennedy Space Center in Florida. Credit: Blue Origin
Welcome to Edition 7.17 of the Rocket Report! Next week marks 10 years since one of the more spectacular launch failures of this century. On October 28, 2014, an Antares rocket, then operated by Orbital Sciences, suffered an engine failure six seconds after liftoff from Virginia and crashed back onto the pad in a fiery twilight explosion. I was there and won’t forget seeing the rocket falter just above the pad, being shaken by the deafening blast, and then running for cover. The Antares rocket is often an afterthought in the space industry, but it has an interesting backstory touching on international geopolitics, space history, and novel engineering. Now, Northrop Grumman and Firefly Aerospace are developing a new version of Antares.
As always, we welcome reader submissions. If you don’t want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets as well as a quick look ahead at the next three launches on the calendar.
Astra gets a lifeline from DOD. Astra, the launch startup that was taken private again earlier this year for a sliver of its former value, has landed a new contract with the Defense Innovation Unit (DIU) to support the development of a next-gen launch system for time-sensitive space missions, TechCrunch reports. The contract, which the DIU awarded under its Novel Responsive Space Delivery (NRSD) program, has a maximum value of $44 million. The money will go toward the continued development of Astra’s Launch System 2, designed to perform rapid, ultra-low-cost launches.
Guarantees? … It wasn’t clear from the initial reporting how much money DIU is actually committing to Astra, which said the contract will fund continued development of Launch System 2. Launch System 2 includes a small-class launch vehicle with a similarly basic name, Rocket 4, and mobile ground infrastructure designed to be rapidly set up at austere spaceports. Adam London, founder and chief technology officer at Astra, said the contract award is a “major vote of confidence” in the company. If Astra can capitalize on the opportunity, this would be quite a remarkable turnaround. After going public at an initial valuation of $2.1 billion, or $12.90 per share, Astra endured multiple launch failures with its previous rocket and risked bankruptcy before the company’s co-founders, Chris Kemp and Adam London, took the company private again this year at a price of just $0.50 per share. (submitted by Ken the Bin and EllPeaTea)
Blue Origin debuts a new New Shepard. Jeff Bezos’ Blue Origin space venture successfully sent a brand-new New Shepard rocket ship on an uncrewed shakedown cruise Wednesday, with the aim of increasing the company’s capacity to take people on suborbital space trips, GeekWire reports. The capsule, dubbed RSS Karman Line, carried payloads instead of people when it lifted off from Blue Origin’s Launch Site One in West Texas. But if all the data collected during the 10-minute certification flight checks out, it won’t be long before crews climb aboard for similar flights.
Now there are two … With this week’s flight, Blue Origin now has two human-rated suborbital capsules in its fleet, along with two boosters. This should allow the company to ramp up the pace of its human missions, which have historically flown at a cadence of about one flight every two to three months. The new capsule, named for the internationally recognized boundary of space 62 miles (100 kilometers) above Earth, features upgrades to improve performance and ease reusability. (submitted by Ken the Bin and EllPeaTea)
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China has a new space tourism company. Chinese launch startup Deep Blue Aerospace targets providing suborbital tourism flights starting in 2027, Space News reports. The company was already developing a partially reusable orbital rocket named Nebula-1 for satellite launches and recently lost a reusable booster test vehicle during a low-altitude test flight. While Deep Blue moves forward with more Nebula-1 testing before its first orbital launch, the firm is now selling tickets for rides to suborbital space on a six-person capsule. The first two tickets were expected to be sold Thursday in a promotional livestream event.
Architectural considerations … Deep Blue has a shot at becoming China’s first space tourism company and one of only a handful in the world, joining US-based Blue Origin and Virgin Galactic in the market for suborbital flights. Deep Blue’s design will be a single-stage reusable rocket and crew capsule, similar to Blue Origin’s New Shepard, capable of flying above the Kármán line and providing up to 10 minutes of microgravity experience for its passengers before returning to the ground. A ticket, presumably for a round trip, will cost about $210,000. (submitted by Ken the Bin)
France’s space agency aims to launch a FROG. French space agency CNES will begin flight testing a small reusable rocket demonstrator called FROG-H in 2025, European Spaceflight reports. FROG is a French acronym that translates to Rocket for GNC demonstration, and its purpose is to test landing algorithms for reusable launch vehicles. CNES manages the program in partnership with French nonprofits and universities. At 11.8 feet (3.6 meters) tall, FROG is the smallest launch vehicle prototype at CNES, which says it will test concepts and technologies at small scale before incorporating them into Europe’s larger vertical takeoff/vertical landing test rockets like Callisto and Themis. Eventually, the idea is for all this work to lead to a reusable European orbital-class rocket.
Building on experience … CNES flew a jet-powered demonstrator named FROG-T on five test flights beginning in May 2019, reaching a maximum altitude of about 100 feet (30 meters). FROG-H will be powered by a hydrogen peroxide rocket engine developed by the Łukasiewicz Institute of Aviation in Poland under a European Space Agency contract. The first flights of FROG-H are scheduled for early 2025. The structure of the FROG project seeks to “break free from traditional development methods” by turning to “teams of enthusiasts” to rapidly develop and test solutions through an experimental approach, CNES says on its website. (submitted by EllPeaTea and Ken the Bin)
Falcon 9 sweeps NSSL awards. The US Space Force’s Space Systems Command announced on October 18 it has ordered nine launches from SpaceX in the first batch of dozens of missions the military will buy in a new phase of competition for lucrative national security launch contracts, Ars reports. The parameters of the competition limited the bidders to SpaceX and United Launch Alliance (ULA). SpaceX won both task orders for a combined value of $733.5 million, or roughly $81.5 million per mission. Six of the nine missions will launch from Vandenberg Space Force Base, California, beginning as soon as late 2025. The other three will launch from Cape Canaveral Space Force Station, Florida.
Head-to-head … This was the first set of contract awards by the Space Force’s National Security Space Launch (NSSL) Phase 3 procurement round and represents one of the first head-to-head competitions between SpaceX’s Falcon 9 and ULA’s Vulcan rocket. The nine launches were divided into two separate orders, and SpaceX won both. The missions will deploy payloads for the National Reconnaissance Office and the Space Development Agency. (submitted by Ken the Bin)
SpaceX continues deploying NRO megaconstellation. SpaceX launched more surveillance satellites for the National Reconnaissance Office Thursday aboard a Falcon 9 rocket, Spaceflight Now reports. While the secretive spy satellite agency did not identify the number or exact purpose of the satellites, the Falcon 9 likely deployed around 20 spacecraft believed to be based on SpaceX’s Starshield satellite bus, a derivative of the Starlink spacecraft platform, with participation from Northrop Grumman. These satellites host classified sensors for the NRO. This is the fourth SpaceX launch for the NRO’s new satellite fleet, which seeks to augment the agency’s bespoke multibillion-dollar spy satellites with a network of smaller, cheaper, more agile platforms in low-Earth orbit.
The century mark … This mission, officially designated NROL-167, was the 100th flight of a Falcon 9 rocket this year and the 105th SpaceX launch overall in 2024. The NRO has not said how many satellites will make up its fleet when completed, but the intelligence agency says it will be the US government’s largest satellite constellation in history. By the end of the year, the NRO expects to have 100 or more of these satellites in orbit, allowing the agency to transition from a demonstration mode to an operational mode to deliver intelligence data to military and government users. Many more launches are expected through 2028. (submitted by Ken the Bin)
ULA is stacking its third Vulcan rocket. United Launch Alliance has started assembling its next Vulcan rocket—the first destined to launch a US military payload—as the Space Force prepares to certify it to loft the Pentagon’s most precious national security satellites, Ars reports. Space Force officials expect to approve ULA’s Vulcan rocket for military missions without requiring another test flight, despite an unusual problem on the rocket’s second demonstration flight earlier this month, when one of Vulcan’s two strap-on solid-fueled boosters lost its nozzle shortly after liftoff.
Pending certification … Despite the nozzle failure, the Vulcan rocket continued climbing into space and eventually reached its planned injection orbit, and the Space Force and ULA declared the test flight a success. Still, engineers want to understand what caused the nozzle to break apart and decide on corrective actions before the Space Force clears the Vulcan rocket to launch a critical national security payload. This could take a little longer than expected due to the booster problem, but Space Force officials still hope to certify the Vulcan rocket in time to support a national security launch by the end of the year.
Blue Origin’s first New Glenn has all its engines. Blue Origin published a photo Thursday on X showing all seven first-stage BE-4 engines installed on the base of the company’s first New Glenn rocket. This is a notable milestone as Blue Origin proceeds toward the first launch of the heavy-lifter, possibly before the end of the year. But there’s a lot of work for Blue Origin to accomplish before then. These steps include rolling the rocket to the launch pad, running through propellant loading tests and practice countdowns, and then test-firing all seven BE-4 engines on the pad at Cape Canaveral Space Force Station, Florida.
Seven for seven … The BE-4 engines will consume methane fuel mixed with liquid oxygen for the first few minutes of the New Glenn flight, generating more than 3.8 million pounds of combined thrust. The seven BE-4s on New Glenn are similar to the BE-4 engines that fly two at a time on ULA’s Vulcan rocket. Dave Limp, Blue Origin’s CEO, said three of the seven engines on the New Glenn first stage have thrust vector control capability to provide steering during launch, reentry, and landing on the company’s offshore recovery vessel. “That gimbal capability, along with the landing gear and Reaction Control System thrusters, are key to making our booster fully reusable,” Limp wrote on X. “Fun fact: The vehicle’s max design gimbal condition is during ascent when it has to fight high-altitude winds.”
Next Super Heavy booster test-fired in Texas. SpaceX fired up the Raptor engines on its next Super Heavy booster, numbered Booster 13, Thursday evening at the company’s launch site in South Texas. This happened just 11 days after SpaceX launched and caught the Super Heavy booster on the previous Starship test flight and signals SpaceX could be ready for the next Starship test flight sometime in November. SpaceX has already test-fired the Starship upper stage for the next flight.
Great expectations … We expect the next Starship flight, which will be program’s sixth full-scale demo mission, will include another booster catch back at the launch tower at Starbase, Texas. SpaceX may also attempt to reignite a Raptor engine on the Starship upper stage while it is in space, demonstrating the capability to steer itself back into the atmosphere on future flights. So far, SpaceX has only launched Starships on long, arcing suborbital trajectories that carry the vehicle halfway around the world before reentry. In order to actually launch a Starship into a stable orbit around Earth, SpaceX will want to show it can bring the vehicle back so it doesn’t reenter the atmosphere in an uncontrolled manner. An uncontrolled reentry of a large spacecraft like Starship could pose a public safety risk.
Next three launches
Oct. 26: Falcon 9 | Starlink 10-8 | Cape Canaveral Space Force Station, Florida | 21: 47 UTC
Oct. 29: Falcon 9 | Starlink 9-9 | Vandenberg Space Force Base, California | 11: 30 UTC
Oct. 30: H3 | Kirameki 3 | Tanegashima Space Center, Japan | 06: 46 UTC
Stephen Clark is a space reporter at Ars Technica, covering private space companies and the world’s space agencies. Stephen writes about the nexus of technology, science, policy, and business on and off the planet.
Enlarge/ The core stage for NASA’s second Space Launch System rocket rolls aboard a barge that will take it from New Orleans to Kennedy Space Center in Florida.
Welcome to Edition 7.03 of the Rocket Report! One week ago, SpaceX suffered a rare failure of its workhorse Falcon 9 rocket. In fact, it was the first time the latest version of the Falcon 9, known as the Block 5, has ever failed on its prime mission after nearly 300 launches. The world’s launch pads have been silent since the grounding of the Falcon 9 fleet after last week’s failure. This isn’t surprising, but it’s noteworthy. After all, the Falcon 9 has flown more this year than all of the world’s other rockets combined and is fundamental to much of what the world does in space.
As always, we welcome reader submissions. If you don’t want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets as well as a quick look ahead at the next three launches on the calendar.
Astra finally goes private, again. A long-simmering deal for Astra’s founders to take the company private has been finalized, the company announced Thursday, capping the rocket launch company’s descent from blank-check darling to delisting in three years, Bloomberg reports. The launch company’s valuation peaked at $3.9 billion in 2021, the year it went public, and was worth about $12.2 million at the end of March, according to data compiled by Bloomberg. Astra’s chief executive officer, Chris Kemp, and chief technology officer, Adam London, founded the company in 2016 with the goal of essentially commoditizing launch services for small satellites. But Astra’s rockets failed to deliver and fell short of orbit five times in seven tries.
Spiraling … Astra’s stock price tanked after the spate of launch failures, drying up its funding spigot as Kemp tried to pivot toward a slightly larger, more reliable rocket. Astra acquired a company named Apollo Fusion in 2021, entering a new business segment to produce electric thrusters for small satellites. But Astra’s launch business faltered, and last November Kemp and London submitted an offer to retake ownership of the company. Astra announced the closure of the take-private deal Thursday, with Kemp and London acquiring the company’s outstanding shares for 50 cents per share in cash, below the stock’s final listing price of 53 cents. “We will now focus all of our attention on a successful launch of Rocket 4, delivering satellite engines to our customers, and building a company of consequence,” Kemp said. (submitted by EllPeaTea and Ken the Bin)
Firefly chief leaves company. Launch startup Firefly Aerospace parted ways with CEO Bill Weber, Payload reports. The announcement of Weber’s departure late Wednesday came two days after Payload reported Firefly was investigating claims of an alleged inappropriate relationship between him and a female employee. “Firefly Aerospace’s Board of Directors announced that Bill Weber is no longer serving as CEO of the company, effective immediately,” the company said in a statement Wednesday night. Peter Schumacher takes over as interim CEO while Firefly searches for a new permanent chief executive. Schumacher was an interim CEO at Firefly before Weber’s hiring in 2022.
Two days and gone … Payload published the first report of Weber’s alleged improper relationship with a female employee Monday. Two days later, Weber was gone. Payload reported an executive brought his concerns about the alleged relationship to Firefly’s board and resigned because he lost confidence in leadership at the company. Citing four current and former employees, Payload reported Firefly’s culture became “chaotic” since Weber took the helm in 2022 after its acquisition by AE Industrial Partners. The Texas-based company achieved some success during Weber’s tenure, with four orbital launches of its Alpha rocket, although two of the flights ended up in lower-than-planned orbits. (submitted by Ken the Bin)
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Themis hop tests delayed to next year. The initial hop tests of the European Themis reusable booster, developed by ArianeGroup and funded by ESA, won’t start until next year, European Spaceflight reports. The Swedish Space Corporation, which operates the space center in Sweden where Themis will initially fly, confirmed the schedule change. Once ArianeGroup moves on to higher altitude flights, the testing will be moved to the Guiana Space Center. ESA awarded the first development contract for the Themis booster in 2019, and the first hop tests were then scheduled for 2022. Themis’ hops will be similar to SpaceX’s Grasshopper rocket, which performed a series of up-and-down atmospheric test flights before SpaceX started recovering and reusing Falcon 9 boosters.
Fate of Themis … The Themis booster is powered by the methane-fueled Prometheus engine, also funded by ESA. A large European reusable rocket is unlikely to fly until the 2030s, but a subsidiary of ArianeGroup named MaiaSpace is developing a smaller partially reusable two-stage rocket slated to debut as soon as next year. The Maia rocket will use a modified Themis booster as its first stage. “As a result, for MaiaSpace, the continued and rapid development of the Themis program is essential to ensure it can hit its projected target of an inaugural flight of Maia in 2025,” European Spaceflight reports. (submitted by Ken the Bin)
Enlarge/ Liftoff of Astra’s Rocket 3.0 from Cape Canaveral, Florida.
Astra’s long, strange trip in the space business is taking another turn. The company announced Thursday that it is going private at an extremely low valuation.
Four years ago, the rocket company, based in Alameda, California, emerged from stealth with grand plans to develop a no-frills rocket that could launch frequently. “The theme that really makes this company stand out, which will capture the imagination of our customers, our investors, and our employees, is the idea that every day we will produce and launch a rocket,” Astra co-founder Chris Kemp said during a tour of the factory in February 2020.
Almost exactly a year later, on February 2, 2021, Astra went public via a special purpose acquisition company (or SPAC). “The transaction reflects an implied pro-forma enterprise value for Astra of approximately $2.1 billion,” the company stated at the time. For a time, the company’s stock even traded above this valuation.
But then, rockets started failing. Only two of the seven launches of the company’s “Rocket 3” vehicle were successful. In August 2022, the company announced a pivot to the larger Rocket 4 vehicle. It planned to begin conducting test launches in 2023, but that did not happen. Accordingly, the company’s stock price plummeted.
Last November Kemp and the company’s co-founder, Adam London, proposed to buy Astra shares at $1.50, approximately double their price. The company’s board of directors did not accept the deal. Then, in late February, Kemp and London sharply cut their offer to take the company private, warning of “imminent bankruptcy” if the company doesn’t accept their new proposal. They offered $0.50 a share, well below the trading value of approximately $0.80 a share.
On Thursday, Astra said that this deal was being consummated.
“Astra Space, Inc. announced today that it has entered into a definitive merger agreement pursuant to which the acquiring entity 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,” the company stated. The acquiring entity consists of Kemp, London, and other long-term investors.
Where Astra goes from here is anyone’s guess. Rocket 4 is likely months or years from the launch pad. It faces stiff competition not just from established small launch players such as Rocket Lab and Firefly but also from new entrants as well, including ABL Space and Stoke Space. Additionally, all of these small launch companies have been undercut in price by SpaceX’s Transporter missions, which launch dozens of satellites at a time on the Falcon 9 booster.
Additionally, Astra’s spacecraft engine business—acquired previously from Apollo Fusion—may or may not be profitable now, but there are questions about its long-term viability as well.
“I don’t fault management for seizing the opportunity to raise hundreds of millions of dollars by SPAC’ing, but a pre-revenue launch company without a proven rocket was probably never a good match for the public markets,” said Case Taylor, investor and author of the Case Closed newsletter.
Taylor added that he hopes that Astra spacecraft engines find a way to thrive in the new Astra, as the space industry values their performance. “I hope to see that diamond survive and thrive,” he said.
