Astra scrambling to find investors as its cash reserves dwindle

Despite a major reorganization, including laying off a quarter of its workforce, Astra now appears to be scrambling to find new investors even as its available cash reserves shrink.

The company’s financial runway is diminishing even as the company finds new sources of capital, such as a loan announced Aug. 4 that will provide Astra with $10.8 million and plans announced in July to sell up to $65 million in Astra stock in an “at-the-market” transaction. The company forecasted an adjusted EBITDA loss of $25 million to $29 million in the third quarter, ending the quarter with $15 million to $20 million of cash and equivalents on hand.

One analyst on the call expressed frustration with those projections, asking Astra executives for the “upside” of the company’s plans. Kemp emphasized the backlog of orders for its thrusters, which Astra said Aug. 4 was valued at $77 million, as well as orders from the U.S. Space Force and the Defense Innovation Unit for the Rocket 4.

However, he suggested the company’s efforts to focus on thruster production were intended to buy time for Astra as the company looks for new investors. The company said Aug. 4 it was working with PJT Partners, an investment bank, to identify “potential strategic investments in the Astra Spacecraft Engine business” that would bolster its finances. “We are actively focused on finding investors in these two businesses,” he said, noting that the company’s launch and spacecraft propulsion business lines are distinct and “in different phases of their development.”

Essentially the company is approaching a make-or-break moment. What I think is likely to happen is it will either go bankrupt, or be purchased outright by a new big-money investor who will take over the company entirely, replacing its present management with new people.

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Russia considering flying Proton rockets after 2025

According to a story today in Russia’s state-run TASS news outlet, the Khrunichev design bureau that builds Russia’s Proton rocket is in negotiation with Kazahkstan to use all the remaining Proton rockets available, even if that requires additional launches after 2025, the date Roscosmos had previously announced as when all Proton launches will cease.

The Khrunichev Center (part of the state-run space corporation Roscosmos) is actively working on future cooperation with the Kazakh side, including with regard to the use of the Proton carrier rocket, the center’s CEO Alexey Varochko told TASS. “The Khrunichev Center is actively working on various scenarios of mutually beneficial cooperation with the Kazakh side, including those involving the Proton carrier rocket,” Varochko said.

According to the official, the possibility of using Protons after 2025 may be considered only if both Russia and Kazakhstan give their consent.

It sounds like Khrunichev has some spare Protons, and wants to make some money from them, even if Roscosmos has forbid it. It also appears that there is political infighting within Roscosmos about the retirement of Proton and resulting the loss of government jobs at Khrunichev.

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Chandrayaan-3 reaches final lunar orbit for landing


Click for interactive map.

India’s Chandrayaan-3 spacecraft completed its final lunar orbital engine burn today, placing it in the correct orbit to release the lander Vikram, carrying the Pragyan rover.

The release is scheduled for tomorrow, with the landing targeting August 23, 2023. This will be India’s second attempt to softland an unmanned probe on the Moon. The Vikram lander of Chandrayaan-2 failed in 2019 during its final engine burn above the surface, crashing thereafter. Engineers at India’s space agency ISRO spent several years upgrading that lander to better insure this new attempt would succeed.

The lander has been given more ability to manoeuvre during the descent, the mission allows for a bigger 4 km x 2.4 km area for landing, more sensors have been added, one of the thrusters has been removed, and the legs of the lander have been made sturdier to allow for landing even at slightly higher velocity. More solar panels have also been added to ensure that the mission can go on even if the lander does not face the sun. More tests to see the capability of the lander in different situations were carried out to make Chandrayaan-3 more resilient.

Both Vikram and Russia’s Luna-25 lander, scheduled for touchdown on August 21, will land in the high southern latitudes of the Moon, at about 70 degrees. They are not going to the Moon’s south pole, as many news reports claim.

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The impact that almost cracked Mars open

An irregular pit chain on Mars
Click for original image.

Cool image time! The picture to the right, rotated, cropped, reduced, and sharpened to post here, was taken on June 25, 2023 by the high resolution camera on Mars Reconnaissance Orbiter (MRO). It shows what the scientists label an “irregular pit chain,” made up of a series of depressions scattered along a line that extends more than sixty miles to the northeast and to the southwest, beyond the edges of this high resolution close-up.

The chain likely indicates the existence of a fault line, or crack that created a void underground in which surface material is sinking. What makes this crack or fault line significant is how it and other similar fissures or cracks map across the Martian surface, extending for thousands of miles far beyond this particular pit chain and covering almost half the planet. In aggregate they imply the occurrence of past geological events so stupendous they are difficult to comprehend.
» Read more

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Ingenuity’s 55th flight completed

Overview map
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The Ingenuity engineering team today updated the helicopter’s flight log, showing that the 55th flight occurred on August 12, 2023, one day later than originally planned, and flew 881 feet for 143 seconds, 61 feet and 9 seconds longer than planned.

The overview map above shows the present locations of both Perseverance and Ingenuity. The green dot marks Ingenuity’s new position, while the blue dot marks where Perseverance presently sits in Jezero Crater. Based on this map, the main goal of the flight was apparently to fly Ingenuity over a route that Perseverance will likely use to return to its planned route, as indicated by the red dotted line.

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Webb confirms galaxy as one of the earliest known in the universe

The uncertainty of science: Using the spectroscopic instrument on the Webb Space Telescope, scientists have confirmed that one of the first galaxies found by Webb, dubbed Maisie’s Galaxy after the daughter of one scientist, is one of the earliest known in the universe, existing only 390 million years after when cosmologies say the Big Bang happened.

The data also showed that another one of these early galaxies spotted by Webb did not exist 250 million years after the Big Bang, but one billion years after, a date that better fits the theories about the early universe, based on the nature of this galaxy.

It turns out that hot gas in CEERS-93316 was emitting so much light in a few narrow frequency bands associated with oxygen and hydrogen that it made the galaxy appear much bluer than it really was. That blue cast mimicked the signature Finkelstein and others expected to see in very early galaxies. This is due to a quirk of the photometric method that happens only for objects with redshifts of about 4.9. Finkelstein says this was a case of bad luck. “This was a kind of weird case,” Finkelstein said. “Of the many tens of high redshift candidates that have been observed spectroscopically, this is the only instance of the true redshift being much less than our initial guess.”

Not only does this galaxy appear unnaturally blue, it also is much brighter than our current models predict for galaxies that formed so early in the universe. “It would have been really challenging to explain how the universe could create such a massive galaxy so soon,” Finkelstein said. “So, I think this was probably always the most likely outcome, because it was so extreme, so bright, at such an apparent high redshift.”

This science team is presently using Webb’s spectroscope to study ten early galaxies in order to better determine their age. Expect more results momentarily.

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Intuitive Machines sets mid-November launch date for its Nova-C lunar lander


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Intuitive Machines announced yesterday that the launch of its lunar lander, Nova-C, is now targeting a November 15-20, 2023 window, lifting off on a SpaceX Falcon 9 rocket.

The yellow dot on the map to the right indicates the landing site, Malapert A, in the southern latitudes of the Moon. The white cross indicates the south pole.

The lander had originally planned to launch in 2021, but delays in construction pushed the launch back two years. A second company, Astrobotics, has its own lander, Peregrine, that though also delayed two years, has been ready to launch since early this year. It won’t launch until the end of this year at the earliest, however, due to delays in readying its rocket, ULA’s Vulcan on its first flight.

Both India’s Chandrayaan-3 and Russia’s Luna-3 are right now on their way to the Moon, with each planning a landing next week.

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Residual ice on the shaded north-facing slope of northern Martian crater

Residual ice on Mars?
Click for original image.

Cool image time! The picture to the right, rotated, cropped, reduced, and sharpened to post here, was taken on April 10, 2023 by the high resolution camera on Mars Reconnaissance Orbiter (MRO). In the headline I am speculating a bit when I call that pile of material bunched up against the interior slope of this unnamed 18-mile-wide crater residual ice. No data is available to me that proves that assumption, but the look, the location, and the general previous data from Mars all tell me that this is what it is.

First, the location within the crater. Everyone who has lived in the northern latitudes where snow falls knows that snow will remain in the shaded slopes that face north — where less direct sunlight falls — much longer than in places where there is more sunlight. You can sometimes even find this residual snow as late as June and July in some such spots.

This phenomenon will be no different on Mars. In those alcoves this material, which looks exactly like glacial features found in many other places in the mid-latitudes of Mars (such as inside the small half-mile-wide crater in the lower left), is well protected, so that even when the rest of the ice sublimated away within the crater it remained. The cliff wall rises five hundred feet to the south, blocking sunlight so that for most of the year little directly sunlight touches this surface.
» Read more

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China makes available to the international community Chang’e-5’s lunar samples

China on August 2, 2023 announced that it is now allowing scientists from all nations to apply for access to the lunar samples brought back to Earth by its 2020 Chang’e-5 mission to the Moon.

The announcement outlined very specific rules for the loan of the samples, including requirements that if any part of a sample needs to be destroyed to study it that action be videotaped in detail. Samples loaned for research are for one year periods only, though this can be extended.

The rules also allow two month loans for the use of samples in public display, such as at a museum.

In both cases China will closely supervise the research and retain the right to recall the samples at any time if it doesn’t approve of what the borrower is doing.

U.S. law forbids our government officials or agencies from working with China, so don’t expect NASA or its scientists to apply for these samples. However, the law doesn’t apply to independent scientists, though serious state department regulations would apply. I therefore doubt many American scientists will apply for any samples. It would carry too many risks to their other research.

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Scientist creates longest time-lapse movie of exoplanet circling its star

A scientist at Northwestern University has used seventeen years of data to create the longest time-lapse movie yet of an exoplanet circling its star, Beta Pictoris, which is located 63 light years away.

Constructed from real data, the footage shows Beta Pictoris b — a planet 12 times the mass of Jupiter — sailing around its star in a tilted orbit. The time-lapse video condenses 17 years of footage (collected between 2003 and 2020) into 10 seconds. Within those seconds, viewers can watch the planet make about 75% of one full orbit.

“We need another six years of data before we can see one whole orbit,” said Northwestern astrophysicist Jason Wang, who led the work. “We’re almost there. Patience is key.”

I have embedded the video below. Because the star in the center is so bright, its light is blocked out, so that this part of the planet’s orbit is represented by the “X” in the video.
» Read more

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Chandrayaan-3 completes next-to-last orbital maneuver before releasing Vikram lander


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According to India’s ISRO space agency, its Chandrayaan-3 spacecraft has successfully completed the next-to-last orbital maneuver burn before releasing Vikram lander, lowering the spacecraft’s orbit around the Moon to 150 by 177 kilometers.

Today’s maneuver can be considered the second last vital maneuver. The one that takes place on August 16, will set the course for the Vikram lander.

Based on how today’s and August 16’s manoeuvres are executed, ISRO will get to decide where the Vikram lander touches down, among three predesignated spots on the Moon’s surface.

It had been my understanding that the landing zone was as indicated by the red dot on the map to the right. It might be instead that was only one of three potential landing sites. If so, I will update the map when more data is released.

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Axiom signs deal with Poland and ESA to send Polish astronaut to Axiom’s future space station

Capitalism in space: Axiom last week signed an agreement jointly with Poland and the European Space Agency (ESA) to send Polish astronaut to Axiom’s space station, expected to launch sometime in 2026.

This was the second European astronaut Axiom has signed a deal to fly to space, with the ESA in both cases providing support.

In April 2023, Axiom Space and the Swedish National Space Agency signed a letter of intent to send an ESA astronaut to the ISS. Through this agreement, the upcoming Axiom Space mission, Ax-3 now targeting launch in January 2024, will be the first commercial mission to the ISS to include an ESA project astronaut.

The date for the flight of the Polish astronaut was not announced. Nor is it clear whether this astronaut will fly to Axiom’s first module, attached to ISS, or wait until Axiom’s completes its station and separates from ISS entirely.

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