A Model Rocket Is Launched From a Roof Into a Large Field. The Path of the Rocket Can Be Modeled

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Astra Space Falls Later Debut Commercial Rocket Launch Aborted

(Bloomberg) -- Astra Space Inc. shares tumbled after the company'southward debut launch for customers was aborted at the final 2d, ultimately leading information technology to abolish Monday's attempt to send satellites into space.

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The initial halt was triggered automatically by onboard systems before the rocket left the launchpad, the National Helmsmanship and Space Administration said Monday in a blog post.

The visitor in a tweet said it was "standing downwards today due to a pocket-size telemetry outcome." It will provide an update on the next launch opportunity before long, Astra added.

The launch provider, based in Alameda, California, was attempting to transport four "cubesats" into infinite for three universities and NASA. Cubesats are small satellites that typically weigh less than three pounds.

Astra'southward shares sank further after the launch was called off. The stock fell as much every bit 19%, and was down 13% at 3:thirty p.one thousand. in New York.

(Adds details in outset and second paragraphs, Astra comments in third. Updates stock move throughout.)

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©2022 Bloomberg L.P.

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Source: https://finance.yahoo.com/news/astra-space-falls-debut-commercial-193630342.html

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