Holicity Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Craig O. McCaw
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2300 Carillon Point Kirkland WA United States of America
- IPO Date
- Aug 5, 2020
- CIK
- 0001814329
- Website
- holicity.inc
- Similar Companies
- Business
- Holicity Inc is a special purpose acquisition company (SPAC) incorporated in 2020 and headquartered in Kirkland, Washington. It was established with the intent to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other related business combinations. Holicity gained prominence through its business combination with Astra Space, Inc., a satellite launch services company. Following the merger in mid-2021, Holicity ceased significant independent operations and effectively became Astra Space, Inc., which trades on Nasdaq under the ticker symbol ASTR. Astra Space, formerly Holicity Inc., designs, tests, manufactures, and operates space services that enable global communications, earth observation, weather monitoring, navigation, and surveillance capabilities. Astra provides satellite launch services with payload capacities of up to 500 kilograms to orbits as high as 500 kilometers in mid-inclination. The company is expanding its factory operations in Alameda, California, and has enhanced its leadership team with executives from prominent technology and aerospace companies. Recent major changes include the 2021 business combination where Holicity's cash trust of over $300 million was combined with a $200 million PIPE investment led by BlackRock to form Astra's pro forma enterprise valued at approximately $2.1 billion. Since then, Astra has accelerated customer acquisition, securing contracts with NASA for the TROPICS mission and with Planet for multi-launch Earth observation services. The company also acquired Apollo Fusion to broaden its technology capabilities for mid-Earth, geosynchronous, and lunar orbits, supporting an expanding space services platform. Holicity operated originally as a blank check company sponsored by Pendrell X-icity Holdings Corporation, a subsidiary of Pendrell Corporation, controlled by Craig O. McCaw. As Astra, it focuses on evolving its launch services into broader space-based service offerings with plans for frequent launches progressing from monthly to daily by 2025, targeting government, commercial, and satellite customers globally. In summary, Holicity Inc now principally operates as Astra Space, a space launch and services company active in the U.S. and focused on accelerating access to space and delivering satellite payloads with advanced propulsion and services geared toward Earth observation and connectivity markets. The company is headquartered in Alameda, California, following its transition from Holicity SPAC to a pure-play space company through a transformative merger and strategic expansion initiatives completed within the last two years.
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