Astra Bags Spacecraft Engine Contract From Airbus OneWeb Satellites

Astra Bags Spacecraft Engine Contract From Airbus OneWeb Satellites
  • Astra Space Inc ASTR has been selected by Airbus OneWeb Satellites, LLC (AOS), a joint venture between Airbus SE EADSY and OneWeb. Financial terms were not disclosed
  • AOS will supply the Astra Spacecraft Engine for integration into the portfolio of Arrow commercial small satellites manufactured by AOS.
  • AOS manufactures satellites for the OneWeb commercial constellation and Airbus customers in Merritt Island, Florida. 
  • Price Action: ASTR shares are trading lower by 4.72% at $0.89 and EADSY lower by 0.12% at $25.18 on the last check Monday.

Posted In: BriefsNewsPenny StocksContracts