Astra, a startup that makes small rockets to send satellites into orbit, is going public at a valuation of $2.1 billion through a deal with blank-check company Holicity Inc, the companies said on Tuesday.
The deal with Holicity is expected to provide up to $500 million in cash proceeds, they said. This includes a $200 million private investment led by funds and accounts managed by BlackRock Inc, the statement added.
