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Synopsis
Astra Space, a space agency, went public via a SPAC merger with Holicity, a blank cheque company, in a $2.1bn deal. PIPE investment was led by funds and accounts managed by BlackRock. “I have long believed space provides an unmatched opportunity to benefit and enrich society. Astra’s space platform will further improve our communications, help us protect our planet, and unleash entrepreneurs to launch a new generation of services to enhance our lives," Craig McCaw, Holicity Chairman and CEO.
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