Astra Space (ASTR) Stock Hits A New High After Reaching Successfully Orbit

It was possible to put the rocket into the target orbit, with which Elon Musk congratulated the company. Astra Space stock market is skyrocketing in price, adding about 40%. The U.S. rocket-building startup Astra Space was finally able to successfully launch a vehicle, which, 9 minutes after launch, the LV0007 upper stage reached an orbit of 500 km. The launch was carried out from the Pacific Space Complex on Kodiak Island (Alaska) at 01:16 on the East Coast of the United States. During which a test cargo for the U.S. military was delivered to orbit.

The recent launch was the fourth test orbital flight for Astra Space. The first test launch was in September 2020, but then the flight ended shortly after launch due to the failure of internal systems. The next test took place three months later, and then the rocket almost reached the desired speed, but a few seconds before that, the fuel ran out. The third launch was carried out on August 28, 2021, and already during the launch, one of the five engines of the rocket failed. Despite this, it has managed to gain altitude, but the flight was still interrupted less than three minutes after launch. According to the company, its rocket will be the most accessible and most technologically advanced carrier globally.

April Sanchez

Business and Tech Reporter