Announced
Financials
Tags
Electronic Components and Equipment
Friendly
electric propulsion engine
United States
Domestic
Private
Acquisition
Majority
Pending
Single Bidder
Synopsis
Astra, a launch vehicle company based in Alameda, California, agreed to acquire Apollo Fusion, a manufacturer of electric propulsion engines, for $145m. “In addition to increasing Astra’s total addressable market for launch services, the acquisition of Apollo Fusion accelerates Astra’s ability to efficiently deliver and operate spacecraft beyond low Earth orbit," Chris Kemp, Astra Founder, Chairman and CEO.
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