Hello and welcome back to Max Q! I hope everyone had a wonderful July 4.
In this issue:
- Astra’s corporate reorganization
- News from Pulsar Fusion and more
Astra establishes subsidiary for spacecraft engine business
Astra is carving out its spacecraft engine business as a wholly owned subsidiary, a corporate restructuring that will provide greater flexibility in hiring and financing, according to documents viewed by TechCrunch and a person familiar with the matter.
I find this story interesting for two reasons. The first, and less important (at least to me), is that the subsidiary will be regulated under different export rules, which means that Astra will be able to hire people from outside the U.S. much more easily than they could under a single launch ...
