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.
The new subsidiary, Astra Spacecraft Engines, Inc., was incorporated in Delaware on June 5 and filed with the state of California on June 13, corporate records show. However, the new arrangement has been in the works for some time, according to the source, who declined to be named for this story.
There were two motives for the restructuring, re

リンク元