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New Deal


Announced

Completed

Astra Space went public via a SPAC merger with Holicity in a $2.1bn deal.

Financials

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Transaction Value£1,532m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Domestic

Acquisition

Majority

Friendly

Single Bidder

United States

orbital launch capability

Aerospace

space company

Public

De-SPAC

Restructuring

Completed

Synopsis

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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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