Firefly Aerospace prices shares at $45, above the expected range
12 Aug
Science & Technology

Firefly Aerospace prices shares at $45, above the expected range

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The Blue Ghost Mission Operations Engineer, Jaxon Liebeck, showcases the Blue Ghost moon lander at Firefly Aerospace headquarters on Tuesday, Dec. 3, 2024 in Cedar Park. Houston Chronicle/hearst Newspapers | Hearst Newspapers | Getty ImagesFirefly Aerospace priced shares in its IPO at $45 on Wednesday, above its expected range. The Texas-based rocket maker will debut on the Nasdaq Thursday under the ticker symbol "FLY." The offering raised $868 million and values the company at about $6.3 billion. Fireflyfiled its initial prospectus in Julyandupped its IPO rangethis week to $41 to $43 a share, from an initial range of $35 to $39. The space technology sector has seen rising investor interest over the last few years as billionaire investors such as Elon Musk and Jeff Bezos put their money behind SpaceX and Blue Origin, respectively. So far this year, space...
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Firefly Aerospace launches NASA-sponsored cubesats
04 Jul
Top Stories

Firefly Aerospace launches NASA-sponsored cubesats

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Top Stories Tamfitronics Firefly Aerospace launched its Alpha rocket July 4 on a mission carrying eight NASA-sponsored cubesats. Credit: Firefly Aerospace/Trevor MahlmannTOKYO Firefly Aerospace placed eight cubesats into orbit on a mission funded by NASA on the first flight of the companys Alpha rocket since an upper stage malfunction more than half a year ago.The Alpha rocket lifted off from a foggy Vandenberg Space Force Base in California at 12:04 a.m. Eastern July 4. A launch attempt July 2 was scrubbed after a ground equipment issue halted the countdown just before ignition of the rockets first stage engines.The rocket started deploying its payload of eight cubesats about 35 minutes after the upper stage shut down, a process expected to last about 11 minutes according to a timeline provided by Firefly. The orbit was a...
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Firefly puts Alpha rocket NASA mission on hold to study data
03 Jul
Science & Technology

Firefly puts Alpha rocket NASA mission on hold to study data

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NASA Space Technology Firefly Aerospace’s Alpha FLTA005 rocket stands at Space Launch Complex 2 (SLC-2) in support of the “Noise of Summer” mission. Image: Firefly Aerospace / Sean ParkerUpdate 9:30 p.m. EDT: Firefly puts launch on hold to allow “more time to evaluate data and test systems from the first attempt.” No new launch date has been announced.Firefly Aerospace is taking more time before launching its fifth Alpha rocket following a last minute ground systems issue Monday night. This will be Firefly’s first mission with NASA as the customer. When it launches, the two-stage, 29.48 meter (96.7-foot) tall rocket will send eight CubeSats from multiple universities and NASA centers to a sun-synchronous Earth orbit.In a social media post, the company stated that it’s standing down “to give the team more time to evaluate data and...
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