Astra Space (ASTR) enters propulsion system contract with LeoStella
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Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) and LeoStella LLC (“LeoStella”) today announced a contract with Astra to supply multiple Astra spacecraft engines for LeoStella satellites. Astra is expected to start delivering the propulsion systems later this year and through 2023.
LeoStella designs and manufactures operational satellites cost-effectively and at scale. Astra’s Spacecraft Engine has demonstrated that it can help satellites achieve and maintain target orbits and maneuverability and is expected to be integrated into a variety of LeoStella satellites.
“As the demand for small satellites continues to grow, we are always looking for innovative options to provide highly efficient and reliable propulsion for our satellites,” said Tod Byquist, director of programs and supply chain at LeoStella. “Astra’s spacecraft engine has a good flight history and the performance we need to get our satellites into space on schedule.”
“LeoStella is a pioneering force in building critical space infrastructure through a variety of satellite designs,” said Mike Cassidy, vice president of product management at Astra. “Their vision to deploy reliable and cost-effective satellites closely aligns with Astra’s and demonstrates the innovative forces at work to expand and accelerate access to space.”