{"id":122201,"date":"2021-05-02T09:22:49","date_gmt":"2021-05-02T16:22:49","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2021\/05\/take-a-look-inside-astras-rocket-factory-as-the-company-prepares-to-go-public"},"modified":"2021-05-02T09:22:49","modified_gmt":"2021-05-02T16:22:49","slug":"take-a-look-inside-astras-rocket-factory-as-the-company-prepares-to-go-public","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2021\/05\/take-a-look-inside-astras-rocket-factory-as-the-company-prepares-to-go-public","title":{"rendered":"Take a look inside Astra\u2019s rocket factory, as the company prepares to go public"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/take-a-look-inside-astras-rocket-factory-as-the-company-prepares-to-go-public.jpg\"><\/a><\/p>\n<p>ALAMEDA, California \u2014 Rocket builder Astra wants to simplify the launch business, with the soon-to-be-public company on a quest to both cut manufacturing costs while dramatically increasing the number of launches to a daily rate.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/02\/23\/what-to-know-about-astra-the-rocket-builder-going-public-via-a-spac.html\">Astra is preparing to go public by the end of June<\/a> through a merger with SPAC <a href=\"https:\/\/www.cnbc.com\/quotes\/HOLUU\" target=\"_blank\">Holicity<\/a>, in a deal that will infuse as much as $500 million capital into the company. In the meantime, Astra is expanding its headquarters on the San Francisco Bay while the company prepares for its next launch this summer.<\/p>\n<p>A SPAC, or special purpose acquisition company, raises capital in an initial public offering and uses the proceeds to buy a private firm and take it public.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ALAMEDA, California \u2014 Rocket builder Astra wants to simplify the launch business, with the soon-to-be-public company on a quest to both cut manufacturing costs while dramatically increasing the number of launches to a daily rate. Astra is preparing to go public by the end of June through a merger with SPAC Holicity, in a deal [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,8],"tags":[],"class_list":["post-122201","post","type-post","status-publish","format-standard","hentry","category-business","category-space"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/122201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=122201"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/122201\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=122201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=122201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=122201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}