Astra to lay off 16% of its workforce
Astra, having abandoned its Rocket-3.3 in order to develop its larger Rocket-4 smallsat launcher, announced yesterday that is laying off 16% of its workforce as part of this change in direction.
The decision to abandon Rocket-3.3 has at this time removed the company as an operational rocket company, and has thus put it behind several other competitors which are now gearing up for launch. Its third quarter report also showed a $41 million loss this year, 26% larger than the same quarter last year.
As a result, the company’s stock value has declined 94%, and is now selling for 58 cents per share. If that price does not rise above $1 before April of next year, NASDAQ has said it would delist it.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Astra, having abandoned its Rocket-3.3 in order to develop its larger Rocket-4 smallsat launcher, announced yesterday that is laying off 16% of its workforce as part of this change in direction.
The decision to abandon Rocket-3.3 has at this time removed the company as an operational rocket company, and has thus put it behind several other competitors which are now gearing up for launch. Its third quarter report also showed a $41 million loss this year, 26% larger than the same quarter last year.
As a result, the company’s stock value has declined 94%, and is now selling for 58 cents per share. If that price does not rise above $1 before April of next year, NASDAQ has said it would delist it.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
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