UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 8.01 Other Events.
On August 9, 2021, we issued a press release announcing the award of the Orbital Service Program (OSP-4) Indefinite Delivery/ Indefinite Quantity contract from Rocket Systems Launch Program of the Space Force. A copy of our press release is filed as Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: August 9, 2021 |
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Astra Space, Inc. |
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/s/ Kelyn J. Brannon |
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Kelyn J. Brannon |
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Chief Financial Officer |
Exhibit 99.1
Astra Awarded Orbital Services Program (OSP)-4 Contract by the Space Force
Contract accelerates rapid and responsive launch for Department of Defense
Alameda, CA. August 9, 2021. Astra Space, Inc. (“Astra”) (Nasdaq: ASTR), today announced the award of the Orbital Services Program (OSP)-4 Indefinite Delivery/Indefinite Quantity (IDIQ) contract from the Rocket Systems Launch Program (RSLP) of the Space Force.
OSP-4 allows for the rapid acquisition of launch services to meet mission requirements for payloads greater than 400 pounds, enabling launch to any orbit within 12-24 months from task order award. Astra’s inclusion in this contract preserves, stimulates and enhances the small launch industrial base and yields the Space Force a more diverse vendor pool in support of the nation’s defense.
“We need this IDIQ contract to continue to introduce speed, agility, and flexibility into the launch enterprise and continue to cultivate a resilient and affordable launch market.” said Lt. Col. Justin Beltz, chief of Launch Enterprise’s Small Launch and Targets division.
“It is an honor to serve the United States by building a more resilient space program,” said Martin Attiq, Chief Business Officer of Astra. “This new contract simplifies the process to make responsive launch a critical and credible capability for our nation.”
The Space Force expects to procure from Astra and the other providers under this contract approximately 20 missions in total, over the nine-year ordering period.
About Astra
Astra’s mission is to improve life on Earth from space by creating a healthier and more connected planet. Astra’s first flight to space was within 4 years of its inception, making it the fastest company to reach space. Visit www.astra.com to learn more about Astra.
Safe Harbor Statement
Certain statements made in this press release are “forward-looking statements”. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties, As a result, caution must be exercised in relying on forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) our failure to meet projected development and launch targets, including as a result of the decisions of governmental authorities or other third parties not within our control; (ii) changes in applicable laws or regulations; (iii) the ability of the Astra to meet its financial and strategic goals, due to, among other things, competition; (iv) the ability of Astra to pursue a growth strategy and manage growth profitability; (v) the possibility that Astra may be adversely affected by other economic, business, and/or competitive factors; (vi) the effect of the COVID-19 pandemic on Astra and (vii) other risks and uncertainties described discussed from time to time in other reports and other public filings with the Securities and Exchange Commission, including our registration statements and quarterly reports.
Media Contact:
Kati Dahm
kati@astra.com
Investor Contact:
Dane Lewis
dane@astra.com