Astra SPAC Presentation Deck
ASTRA FUNDING PROFILE
($ in millions)
UFCF(2)
$4
($85)
($96)
2021E
($175)
Revenue
$67
($197)
2022E
($154)
($25)
Opex(¹)
Source: Management estimates.
(1) Defined as Revenue minus Adj. EBITDA.
(2) Defined as Adj. EBITDA less Capex less Changes in Net Working Capital.
(3) Pro Forma for $30M primary Series C offering, initial business combination (assuming no Holicity
shareholder redemptions), and $200M PIPE.
$256
($309)
($61)
2023E
($116)
Capex
$780
-($542)
($60)
2024E
$177
Cumulative Unlevered Free Cash Flow
(2)
PROPRIETARY & CONFIDENTIAL - DO NOT REDISTRIBUTE
$1,501
($806)
2025E
$676
($24)
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Total Funding Requirement: ~$450M
Net Proceeds from Transactions: ~$489M(3)
ASTRA
Significant investments will be made in major
facilities, machinery, automation, and headcount to
be complete in 2024
Limited long-term CapEx requirements after 2025
Cash Flow Thereafter: Substantial
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