Aerospace company Astra Space, Inc. (ASTR) engages in designing, testing, launching, and operating space products and services. The company also offers designing and testing of propulsion modules that enable satellites to orbit in space.
This month, ASTR’s mission of sending tiny storm-monitoring NASA satellites to orbit failed after an early second-stage booster engine shut down. This was the company’s second failed mission this year. On June 13, during mid-day trading, ASTR’s stock plunged 23% on the news.
