Astra appoints Axel Martinez as CFO effective in November 2022
September 30 2022 - 9:00AM
Business Wire
Finance executive with 25 years of experience joins Astra to
help drive scale and leverage his capital markets experience
Astra Space, Inc. (“Astra”) (Nasdaq: ASTR), a provider of space
products and launch services to the global space industry,
announced the appointment of Axel Martinez to Chief Financial
Officer, effective the day after the filing of our quarterly report
in November 2022.
“Axel is a talented and experienced finance executive that will
be an invaluable addition to our management team,” said Chris Kemp,
Founder, Chairman, and CEO of Astra. “We expect his deep knowledge
of the technology industry, experience with scaling high-growth
companies, and participation in capital markets will be a huge
asset to Astra as we enter our next phase.”
In his most recent roles, Martinez served as Chief Financial
Officer at Virgin Hyperloop One and Veev Group Inc. – two growth
technology companies. Axel started his technology career at Google
where he spent 10 years in finance roles, including Head of Capital
Markets where he managed more than $40 billion of capital. Axel
also served as VP & Treasurer of Uber where he helped the
Company scale into more than 60 countries. Previously, Axel worked
at Merrill Lynch and the Chase Manhattan Bank as an investment
banker. Axel holds a B.A. in Economics and Political Science from
Columbia University and an M.B.A. from Harvard Business School.
Kelyn Brannon will transition her responsibilities and remain
CFO through the effective date of Martinez’ appointment.
“We are grateful to Kelyn for her stewardship in taking the
company public last year and building the foundation of Astra's
finance organization,” said Kemp. “I’d like to thank Kelyn on
behalf of the Company for her service and contributions.”
About Astra
Astra’s mission is to improve life on Earth from space® by
creating a healthier and more connected planet. Today, Astra offers
one of the lowest cost-per-launch dedicated orbital launch services
of any operational launch provider in the world, and one of the
industry’s first flight-proven electric propulsion systems for
satellites, Astra Spacecraft Engine™. Astra delivered its first
commercial launch to low Earth orbit in 2021, making it the fastest
company in history to reach this milestone, just five years after
it was founded in 2016. Astra (NASDAQ: ASTR) was the first space
launch company to be publicly traded on Nasdaq. Visit astra.com to
learn more about Astra.
Safe Harbor
Certain statements made in this press release are
“forward-looking statements”. Forward-looking statements may be
identified by the use of words such as “anticipate”, “believe”,
“expect”, “estimate”, “plan”, “outlook”, and “project” and other
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters, including
the timing of when we may file our quarterly report on Form 10-Q
and those risks and uncertainties described from time to time in
other reports and other public filings with the Securities and
Exchange Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220930005154/en/
Media Contact: Kati Dahm media@Astra.com
Investor Contact: Andrew Hsiung investors@astra.com
Astra Space (NASDAQ:ASTR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Astra Space (NASDAQ:ASTR)
Historical Stock Chart
From Apr 2023 to Apr 2024