Jason Kim, CEO of Firefly Aerospace, sits to conduct an interview on the Firefly Aerospace Mission Operations Heart in Lender, Texas, on July 9, 2025.
Sergio Flores Reuters
Al -Wirepiece Space Costs shall be from $ 35 to $ 39 in every subsequent The first general offeringA deal that may admire rocket Maker at about 5.5 billion {dollars}.
It’s based mostly in Texas space The corporate mentioned within the up to date bulletin on Monday that it plans to promote about 16.2 million shares. The provide can increase as much as $ 631.8 million.
Earlier this month, Firefly offered its plans to the followers on the Nasdaq Inventory Trade below the Ticker “Fly” icon.
His look comes for the primary time in a renewed batch of area race, reminiscent of billionaire -led firms Elon Musk‘s Spacex Direct extra money to area actions and startups attempt their luck in public markets.
Satellite tv for pc Know-how Firm Voyager He was introduced in June, whereas the reusable missile developer Missile techniques She mentioned that she was planning for the primary time by way of the method of integrating a particular function firm value $ 400 million.
The launch of the general public market in Firefly coincides with the revival of the general public subscription exercise as a big curiosity in accumulation and accumulation of the president Donald TrumpCustoms tariff plans start to make clear. Software program design Figma It’s scheduled to go the viewers this week after elevating its scope.
Firefly make missiles, area brors and lunar queues, together with Satellite firing missiles Often known as Alpha. On the finish of March, the corporate instructed a sixteland leap from 8.3 million {dollars} a 12 months in the past to $ 55.9 million.
The corporate additionally recorded a web lack of about 60.1 million {dollars}, a rise of a lack of 52.8 million {dollars} a 12 months in the past, and mentioned that its accumulation was about $ 1.1 billion.
Among the fundamental supporters of Firefly amongst AE Industrial Companions, who led an early funding tour within the firm. Protection contractor Northrop Grouman She make investments Lockheed Martinand L3Harris And folks.
He watches: Firefly ambitious plan to become the following Spacex
2025-07-28 18:06:00