Firefly Aerospace Inc., a leading provider of economical launch vehicles, has completed an oversubscribed $75 million Series A funding round led by DADA Holdings. The company plans to use the funds to support its flagship Alpha small launch vehicle and expand its services.
Firefly Aerospace has been awarded a $176.7 million NASA Commercial Lunar Payload Services (CLPS) contract to deliver five payloads to the Moon's south pole in 2029. Utilizing its Elytra orbital vehicle and Blue Ghost lunar lander, Firefly will enable payload operations that include evaluating resources, studying radiation and thermal environments, and deploying rovers and scientific instruments.
Firefly Aerospace has announced the launch of its initial public offering, with the roadshow set to begin soon. The company plans to use the funds raised from the offering to repay outstanding borrowings and for general corporate purposes.
Firefly Aerospace has filed a registration statement with the U.S. Securities and Exchange Commission to pursue an initial public offering (IPO) of its common stock.
Firefly Aerospace conducted its first test launch of the Alpha launch vehicle from Vandenberg Space Force Base in California. The maiden flight demonstrated the company's capabilities, but an electrical issue caused a safe termination of flight.
Firefly Aerospace has announced the selection of three educational payloads for launch as part of its DREAM program. The program, established in 2019, aims to make space attainable for everyone and provide opportunities for students to develop an interest in STEM fields.
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 Aerospace announced the pricing of its initial public offering of 19,296,000 shares at $45.00 per share. The company has granted underwriters a 30-day option to purchase additional shares.
Firefly Aerospace is launching a global competition for academic and educational payloads, free of charge, on its inaugural launch vehicle. The Dedicated Research and Education Accelerator Mission (DREAM) payload aims to support and stimulate STEM globally.
Firefly Aerospace has entered into a definitive agreement to acquire SciTec, Inc., a leader in advanced national security technologies, for approximately $855 million. The acquisition expands Firefly's capabilities in responsive launch, land, and orbit mission services, and enhances its ability to support defense missions.
Firefly Aerospace conducted its first-ever test flight of the Alpha rocket, achieving successful liftoff and progression to supersonic speed. The mission lasted over two minutes before an anomaly occurred, resulting in an early end.
The European Space Agency (ESA) has signed a Letter of Intent with Dassault Aviation to foster technology development in areas such as Low Earth Orbit (LEO) destinations. The project, called VORTEX, aims to develop a reusable spaceplane and automate LEO platforms.