In its 2Q 2022 financial results, launch service provider Astra Space reported: The big news was that the company was terminating its Space Launch System 1.0 (including the Rocket 3.3 iteration) after two NASA launch failures and that it was moving to the next version of its launch system. The discontinuation of Launch System 1.0.…

In Q1 2022, launch service provider Astra Space reported:  $3.9 million in revenues from launch services during the quarter: LV0008 for NASA in February, which failed; and LV0009 for Spaceflight on March 15. A GAAP net loss of $85.7 million. The cost of revenues was $11 million during the quarter, including $5.5 million in cost of launch…