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Firefly Aerospace Secures $1.3B Deal With AST SpaceMobile

November 8, 2026

2 min read

Key Takeaways

Firefly Aerospace signed a $1.3 billion deal with AST SpaceMobile.
The contract includes delivery of 36 rocket engines.
Firefly will provide licenses for AST to manufacture the engines.
Shares surged 36.8% following the announcement.

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Strategic Implications

This deal may indicate Firefly Aerospace's growing prominence in the space industry. The partnership could suggest a shift towards collaborative efforts in rocket engine development, which may benefit both companies and potentially impact the broader space market.

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What Happened

Rocket Engine Contract Boosts Shares By 36.8 Percent

Firefly Aerospace Inc. has secured a significant $1.3 billion deal with AST SpaceMobile for the delivery of 36 rocket engines, including 27 Miranda engines and nine Vira engines. The agreement also includes a license for AST SpaceMobile to manufacture the engines. According to Firefly Aerospace CEO Jason Kim, the deal is a ‘win-win’ for both companies, enabling AST SpaceMobile to control its launch schedule while providing Firefly with added funds to expand rocket production. This development was first reported by Insider Monkey.

Source | Originally Published: November 7, 2026

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