Astra to Go Public July 1 via Craig McCaw’s Holicity SPAC in $2.1B Deal; Proxy Voting Starts

Astra plans to go public on Nasdaq on July 1 via a merger with Craig McCaw’s SPAC Holicity, a deal that values Astra at $2.1 billion and follows recent launches and business moves including a planned acquisition of Apollo Fusion worth up to $145 million. CEO Chris Kemp said proxy statements for the June 30 shareholder vote are being mailed, and Astra has secured multi-launch work for Planet and aims to use Apollo Fusion propulsion on Spaceflight Inc.’s Sherpa tug.