Max Q: An inside look at Astra’s Apollo Fusion acquisition

Max Q: An inside look at Astra’s Apollo Fusion acquisition

Hi there and welcome again to Max Q!

On this subject:

  • Astra’s Apollo Fusion acquisition adopted by delays and desertion
  • Information from SpaceX and extra

Two years in the past, Astra hailed its acquisition of satellite tv for pc propulsion startup Apollo Fusion as a strategic transfer that might spherical out its launch enterprise and produce skilled engineers into the fold. However underneath Astra management, Apollo Fusion shortly disintegrated, with the vast majority of the unique staff resigning, leaving few folks to workers the one a part of the enterprise that had substantial buyer demand and the promise of income.

An Apollo Fusion thruster. Picture Credit: Apollo Fusion

Extra information from throughout TC

  • Amazon and its board, together with founder and govt chairman Jeff Bezos, are being sued by an institutional investor over hefty launch contracts the corporate awarded to Bezos’ house firm, Blue Origin.
  • Firefly Aerospace and Millennium House Techniques have entered the “sizzling standby part” for an orbital mission for the U.S. House Drive.
  • Gitai, an area robotics startup, has closed an extra $15 million in funding to advance its know-how for the moon.
  • Globalstar, a satellite tv for pc community operator backed by Apple, has bought launches from SpaceX price $64 million, in response to regulatory filings.
  • India is launching its first space-based photo voltaic observatory mission known as Aditya-L1 to review the solar, simply days after the profitable touchdown of the nation’s moon rover mission Chandrayaan-3.
  • Starfish House has managed to drag its first orbital mission again from the brink of disaster, with the startup saying that it has regained management over the Otter Pup spacecraft that had been quickly tumbling via house.
  • The U.S. Division of Protection should speed up integration of economic house tech, a brand new op-ed argues.

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