Private Equity Firm AE Industrial Partners Leads Investment Round for End-to-End Space Transportation Company

Firefly Aerospace, an end-to-end space transportation company, has raised $300 million in funding since February 2023, valuing the company at $1.5 billion pre-money. The investment was led by AE Industrial Partners and includes new investors Mitsui & Co., Ltd. Firefly has been awarded contracts for multiple Alpha missions, including a NASA mission, and has signed agreements with Lockheed Martin and L3Harris. The company’s on-orbit vehicle, Elytra, is on contract for its first mission for the National Reconnaissance Office. Firefly Aerospace is a portfolio company of AE Industrial Partners, focused on delivering responsive, reliable, and affordable space access for government and commercial customers. The company’s success with the US Space Force Alpha launch underscores its growing importance in the space industry. This was first reported by Firefly Aerospace.