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  "documentTitle": "Astra Space, Inc. (ASTR)",
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      "text": "Astra's financial forecasts rely on launching an astounding 165 rockets by 2024 and 300 rockets by 2025.",
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      "text": "satellite launches: 300",
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      "text": "Astra's financial forecasts rely on launching an astounding 165 rockets by 2024 and 300 rockets by 2025. To put these figures in context, 300 launches is 10x the total number of US commercial launches in 2022.",
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      "text": "In a sign of the remarkable exuberance of the space SPAC market in 2021, Astra went public without citing a single launch market study in its investor deck or in the “Launch Market” section of its S-1 filing.",
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      "kind": "paragraph",
      "text": "The above chart shows a global satellite launch market from industry research provider Northern Sky Research (NSR). Based on the firm’s tracking and risk-assessment of 143 non-GEO satellite constellations... the number of satellites launched globally will approach 2,300 per year by 2025.",
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      "text": "Source: Northern Sky Research, Global Satellite Manufacturing and Launch Markets 11th Edition, July 2021.",
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      "text": "Planned Daily Launch Cadence Far Exceeds Addressable Market",
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