The Space Race Is Back and Heading to the Public Market

Astra, a new player in the space industry, aims to revolutionize rocket launches with cost-effective solutions. Founded in a San Francisco garage, Astra now operates from a large facility in Alameda, CA. The company plans to increase rocket production rates significantly by 2025, reducing launch costs to $500,000. Astra's recent launch nearly reached its orbit target, with minor adjustments expected to improve future launches. As the space industry grows, Astra plans to go public, offering investors opportunities in a potentially trillion-dollar market. The industry's profitability is expected to rise as launch costs decrease.

What is Astra's primary goal in the space industry?

• To focus solely on satellite manufacturing

• To build the largest rockets in the world

• To become the most efficient and fastest way to reach space

• To merge with other space companies

Where is Astra's main facility located?

• Seattle, WA

• Alameda, CA

• San Francisco, CA

• Los Angeles, CA

What significant achievement did Astra accomplish in December?

• Merged with a major telecom company

• Successfully launched their 3.2 rocket

• Opened a new manufacturing plant

• Launched their first satellite

How does Astra plan to reduce the cost of rocket launches?

• By increasing the size of their rockets

• By launching rockets from multiple locations

• By increasing the production rate of rockets

• By partnering with other space companies

What is the projected revenue of the global space industry by 2040 according to Morgan Stanley?

• $1 trillion

• $750 billion

• $1.5 trillion

• $500 billion