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AEROSPACE NEWS

Firefly Aerospace Wins $1.3B Engine Deal with AST SpaceMobile

Key Takeaways
  • Firefly Aerospace wins $1.3 billion engine deal with AST SpaceMobile.
  • Deal includes 27 Miranda engines and 9 Vira engines for Blacklift rockets.
  • AST targets late 2028 for debut launch of Blacklift.
  • Firefly's stock jumps 36.8% following the announcement.
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Strategic Implications

This deal may signal a significant shift in the satellite launch market, as companies like AST SpaceMobile seek to secure access to space amid global scarcity. The partnership could strengthen Firefly's position in the industry, which suggests a growing trend towards vertical integration in launch systems.

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What Happened

US Rocket Production Ramps Up Amid Global Launch Scarcity

Firefly Aerospace has secured a $1.3 billion deal to supply core engines for AST SpaceMobile’s new rocket, Blacklift. The agreement includes the delivery of 27 Miranda engines and 9 Vira engines for the first three Blacklift rockets. AST SpaceMobile aims to launch its Blacklift rocket in late 2028, with the goal of deploying a satellite constellation for global cellular broadband service. This development was reported by Reuters.

Source | Originally Published: November 6, 2023

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

Firefly Aerospace Wins $1.3B Engine Deal with AST SpaceMobile

Sponsored by: Jumpseat Solutions
Key Takeaways
  • Firefly Aerospace wins $1.3 billion engine deal with AST SpaceMobile.
  • Deal includes 27 Miranda engines and 9 Vira engines for Blacklift rockets.
  • AST targets late 2028 for debut launch of Blacklift.
  • Firefly's stock jumps 36.8% following the announcement.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

This deal may signal a significant shift in the satellite launch market, as companies like AST SpaceMobile seek to secure access to space amid global scarcity. The partnership could strengthen Firefly's position in the industry, which suggests a growing trend towards vertical integration in launch systems.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

US Rocket Production Ramps Up Amid Global Launch Scarcity

Firefly Aerospace has secured a $1.3 billion deal to supply core engines for AST SpaceMobile’s new rocket, Blacklift. The agreement includes the delivery of 27 Miranda engines and 9 Vira engines for the first three Blacklift rockets. AST SpaceMobile aims to launch its Blacklift rocket in late 2028, with the goal of deploying a satellite constellation for global cellular broadband service. This development was reported by Reuters.

Source | Originally Published: November 6, 2023

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