Firefly Aerospace Expands Capital Base with Initial Public Offering

Firefly Aerospace, a space and defense technology company, has priced its initial public offering of 19,296,000 shares at $45.00 per share, raising $850 million. The offering includes an over-allotment option for underwriters. Shares are expected to begin trading on Nasdaq Global Market on August 7, 2025, and the offering is expected to close on August 8, 2025, subject to customary closing conditions. Firefly Aerospace is the partner of choice for responsive space missions and has achieved a fully successful landing on the Moon. The company’s small- to medium-lift launch vehicles, lunar landers, and orbital vehicles are built with common flight-proven technologies to enable speed, reliability, and cost efficiencies for each mission from low Earth orbit to the Moon and beyond. The offering was made by Goldman Sachs & Co. LLC, J.P. Morgan, Jefferies, and Wells Fargo Securities, and was filed with the U.S. Securities and Exchange Commission.