Key Takeaways
- Firefly Aerospace increased backlog to $1.3 billion.
- FAA cleared Alpha for return to flight.
- Company bolstered balance sheet.
Firefly Aerospace reported strong second-quarter earnings after its historic IPO, with a $1.3 billion backlog at the end of July. The company also secured FAA clearance for its Alpha spacecraft to return to flight. Firefly rang the Bell at the Nasdaq MarketSite on August 7, 2025, and issued financial results for the period ending June 30, 2025.