Astra Space (ASTR) Will Try To Launch A Test Payload Again: What Happens To ASTR?

Astra Space is an American company, which is engaged in launching rockets into space. Currently, ASTR stock is trading at $ 9,14. It’s about to reach a monthly high of $ 9.7. The stock fell after an unsuccessful rocket test launch. However, the company recently announced that it knows its mistakes in an unsuccessful launch, and therefore prepares, having improved the rocket, to try again.

Even though, there is no need to rush, even if stocks reacted to the news properly. There are still concerns because until the start we won’t know if the problem has been fixed and if everything will go smoothly. Until Astra demonstrates its ability to put payloads into orbit and attract a large enough share of the launch business, investors should remain wary of ASTR.