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In this case:
- Astra’s acquisition of Apollo Fusion was followed by delays and abandonment
- News from SpaceX and more
Two years ago, Astra hailed its acquisition of satellite propulsion startup Apollo Fusion as a strategic move that would complement its launch business and bring expert engineers into the fold. But under Astra’s leadership, Apollo Fusion quickly disintegrated, with the majority of the original team quitting, leaving only a handful of people to staff the one part of the business that had significant customer demand and promised revenue.
More news from around TC
- Amazon Its board of directors, including founder and CEO Jeff Bezos, is being sued by an institutional investor over massive launch contracts the company awarded to Bezos’ space company, Blue Origin.
- Aerospace firefly Millennium Space Systems has entered the “hot preparation phase” for a US Space Force orbital mission.
- GetaiA space robotics startup has secured an additional $15 million in funding to develop its lunar technology.
- Global StarThe Apple-backed satellite network operator has purchased $64 million worth of launches from SpaceX, according to regulatory filings.
- India The first space solar observatory mission called Aditya-L1 is being launched to study the Sun, just days after the successful landing of the Chandrayaan-3 lunar module mission in the country.
- Space starfish It has managed to pull its first orbital mission back from the brink of disaster, with the startup saying it has regained control of the Otter Pup spacecraft that was rapidly rolling through space.
- Pentagon Integration of commercial space technology must accelerate, says a new editorial.
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