Chang’s Rocket Co. To Be Publicly Traded
Ad Astra Rocket, the company started by Costa Rica’s famous physicist and astronaut Franklin Chang, plans to go public on the National Stock Exchange.
Chang’s company will take advantage of a new program through the National Stock Exchange that gives small and mediumsized companies the opportunity to dip their toes into the market.
The company’s stock will be directed toward a small group of “sophisticated” investors who are not afraid of high risk stocks and who buy into Ad Astra’s dream, according to Ronald Chang, executive director of the company’s Costa Rican branch.
Based in Liberia, in the northwestern province of Guanacaste, Ad Astra Rocket is developing a plasma engine it plans to market to the U.S. space agency NASA as a way to cut travel to Mars in half.
You may be interested
Costa Rica coronavirus updates for July 13, 2020Alejandro Zúñiga - July 13, 2020
Costa Rica confirmed 440 new cases of the coronavirus over the past day, totaling 8,036 cumulative known cases, the Health…
Costa Rica is enforcing strict measures this week. Here’s what’s openThe Tico Times - July 13, 2020
Costa Rica is enforcing strict measures throughout much of the country this week in order to better trace coronavirus outbreaks…
Costa Rica announces cuts in public spending in the face of pandemic crisisAFP and The Tico Times - July 13, 2020
The President of Costa Rica, Carlos Alvarado, announced Sunday a sharp cut in public spending as part of the actions…