A SpaceX Falcon 9 can carry about 20 tons into low Earth orbit. A first-generation Astra rocket can launch about 100 kilograms into space. But SpaceX rockets are larger and more powerful, with more payload capacity. By then the company plans to launch almost a rocket a day.Īn Astra launch will cost roughly $5 million in 2025, an order of magnitude less than even a SpaceX launch. Astra, for its part, projects $1.5 billion in annual sales by 2025. The company believes that more than 38,000 satellites will be launched into low Earth orbit over the next decade which translates in about $100 billion in launch revenue over that span. Astra makes simple, low cost, small rockets combining tenets of rocket engineering with the cost and assembly principles of automotive engineering.Īstra has had some early successes, reaching low Earth orbit in December. “You don’t need the equivalent of a Ferrari to carry a small payload to orbit, so we’re not building one,” explains the company in a news release. Investors can think of Astra a little like the Here are the publicly traded space stocks, along with a few private players, that investors should watch:Īstra launches rockets into low Earth orbit.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |