Successful IPO
Firefly Aerospace completed a historic IPO, raising $1 billion in gross proceeds, marking it as the largest IPO by a U.S. space and defense company and one of the largest for any industrial company in the 21st century.
Blue Ghost Mission Success
Firefly successfully landed on the moon with Blue Ghost, sending back 120 gigabytes of data, supporting 10 NASA payloads, and continuing to develop subsequent missions with significant contracts from NASA.
FAA Approval and Alpha Rocket Progress
The FAA approved Firefly's Alpha rocket to return to flight, with plans to launch two more times within the year, indicating a ramp-up in flight cadence.
Strong Backlog and New Contracts
Firefly's backlog increased to $1.3 billion with new contracts, including a $177 million award for Blue Ghost Mission 4 and a $22 million contract from the Space Force for the Victus Soul mission.
Strategic Partnerships and Developments
Northrop Grumman invested $50 million into Firefly to advance production of the Eclipse rocket, with significant progress in engine testing and development milestones.