filings
| 2023-08-14 | earnings-call quote | receipt |
quotes
Specifically, we are focusing investments in delivering reliable spacecraft engines to our customers, which is rapidly becoming an important revenue stream for Astra, while focusing launch system development on reliability and a successful first flight of Rocket 4. We've also decided to reduce our near-term investments in space services to direct resources to support the growth of our core launch services and space products businesses.
Nov 8, 2022 / CEO / receipt, needs a key / Chris Kemp, CEO | earnings call 2022-11-08 | transcript 4786d46b-3993-4d35-999a-35c922893f29 | chars 5310-5749 | segment 5
Second, given the increasing demand from large constellation operators for higher capacity, lower cost, and more reliable launch services, our discussions with NASA and other customers, and the significant resources that have been required to support launching our 1.0 system, we've made a few key decisions. First, we've increased the payload capacity target for Launch System 2.0 from 300 kilograms to 600 kilograms. Second, we're working with all of our launch service customers to re-manifest on Launch System 2.0. Thus, we will not have any additional flights in 2022. And third, we're increasing investments in testing and qualification, which will add additional time and test flights to our schedule prior to resuming commercial launch operations, meaning that whether we'll be able to commence commercial launches in 2023 will depend on the success of our test flights.
Aug 4, 2022 / CEO / receipt, needs a key / Chris Kemp, CEO | earnings call 2022-08-04 | transcript 3d353cf9-881b-4493-83a9-65a383ae6af2 | chars 6458-7336 | segment 6
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