About Firefly Aerospace
Firefly Aerospace is an end-to-end responsive space services company that provides space access for government and commercial customers.
Headquarters
Firefly Aerospace, Cedar Park
Founded
2014-01-01
Industry
Aerospace, Air Transportation, Satellite Communication
Last Funding Type
Series D
Valuation
1
Total Funding
$746.56 million dollars
IPO Status
Private
Financial
Firefly Aerospace demonstrated growth through several key events. The company was selected to demonstrate launch and on-orbit services for the U.S. Defense Innovation Unit. Firefly Aerospace also added Alpha launch capability on Wallops Island, Virginia, and announced plans to launch Alpha rockets from Esrange in Sweden. Additionally, Firefly Aerospace revealed a new facility called 'Rocket Ranch' north of Austin. The company successfully launched eight CubeSats for NASA. However, the CEO left the company amid a misconduct investigation.
Firefly Aerospace Inc. is focused on enhancing the efficiency and functionality of liquid rocket engines. Their R&D efforts include developing cooling channels that improve thermal management by varying the depth along the thrust axis to optimize propellant flow. Additionally, they are innovating tap-off power sources that direct exhaust from the combustion chamber to auxiliary systems, such as turbopumps, to boost the propulsion system's performance. These advancements aim to refine the propulsion capabilities of launch vehicles and spacecraft.
Firefly Aerospace launched eight NASA-sponsored cubesats on July 4 aboard its Alpha rocket. The company is also searching for a new CEO after the departure of the previous CEO amid an investigation into alleged misconduct. Additionally, Firefly Aerospace signed a multi-launch agreement with Lockheed Martin for up to 25 Alpha rocket launches by 2029.
Firefly Aerospace Inc. is focused on enhancing the efficiency and functionality of liquid rocket engines. Their R&D efforts include developing cooling channels that improve thermal management by varying the depth along the thrust axis to optimize propellant flow. Additionally, they are innovating tap-off power sources that direct exhaust from the combustion chamber to auxiliary systems, such as turbopumps, to boost the propulsion system's performance. These advancements aim to refine the propulsion capabilities of launch vehicles and spacecraft.
Firefly Aerospace launched eight NASA-sponsored cubesats on July 4 aboard its Alpha rocket. The company is also searching for a new CEO after the departure of the previous CEO amid an investigation into alleged misconduct. Additionally, Firefly Aerospace signed a multi-launch agreement with Lockheed Martin for up to 25 Alpha rocket launches by 2029.
Funding Rounds
10
Number of Lead Investors
4
Total Funding Amount
$746.56 million dollars
Number of Investors
17