Astra Secures $44 Million Defense Contract for Rocket 4 Development
The embattled space company aims for a 2025 launch as it rebounds with a new Department of Defense contract.
- Astra has won a contract from the Defense Innovation Unit worth up to $44 million to support the development of its Rocket 4 launch vehicle.
- The funding will aid in the industrialization of Astra's production facilities and support the creation of a tactically responsive launch system.
- Astra's Rocket 4 is designed to carry payloads of up to 600 kilograms to low-Earth orbit, with a planned launch by the end of 2025.
- The company, which faced financial struggles and was taken private earlier this year, sees this contract as crucial to its recovery and future success.
- Astra plans to raise an additional $50 million in a new funding round to further support its operations and development goals.