Astra Space Is Exploring Options, Including Asset Sales
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Rocket-launch company Astra Space Inc. is considering selling a 51% stake in its in-space propulsion business, among other strategic sale options, according to people familiar with the matter.
The Alameda, California-based company would seek to value that unit at more than $100 million in that scenario, one of the people added. A second person said Astra is weighing the potential sale of various parts of its business, including its equipment, parts of its rocket factory and its in-space propulsion division.