Astra Space Stock Rises on Spacecraft-Engine Pact
29 Agosto 2022 - 3:44PM
Dow Jones News
By Will Feuer
Shares of Astra Space Inc. rose almost 12% after the
space-launch company said it has been tapped by Airbus OneWeb
Satellites LLC to supply spacecraft engines for integration into
the portfolio of Arrow commercial small satellites manufactured by
AOS.
Airbus OneWeb Satellites LLC is a joint venture between Airbus
SE and OneWeb. AOS makes satellites for the OneWeb commercial
constellation and Airbus customers in Merritt Island, Fla. The
venture is making satellites for Airbus U.S. Space & Defense
Inc. in support of U.S. government programs.
Shares of Astra rose almost 12%, to $1.05 a share. So far this
year, the stock is down more than 86%.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
August 29, 2022 09:29 ET (13:29 GMT)
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