Astra announces spacecraft engine contract with Maxar Technologies

Astra Space, Inc. ("Astra") (Nasdaq: ASTR) announced that it has reached an agreement with Maxar Technologies ("Maxar") (TSX:MAXR) to supply Astra Spacecraft Engines. The propulsion systems will be used in Maxar's proliferated low Earth orbit (LEO) spacecrafts, which support a wide variety of global coverage missions, including Earth observation, communications and national security. Astra expects to begin delivery of its spacecraft engines in 2023.

"The Astra Spacecraft Engine's flight heritage, high performance and high reliability were critical in our decision-making process as we prepare to deliver our spacecraft platforms to customers for their critical missions," said Joe Foust, Maxar Vice President of proliferated LEO Programs.

"We are pleased to support Maxar on their mission-critical spacecraft platform," said Martin Attiq, Astra's Chief Business Officer. "This agreement demonstrates continued momentum in our Space Products business and validates our Spacecraft Engine as a core technology supporting new constellations."