Firefly Aerospace, a Ceder Park, TX-based end-to-end space transportation company, closed a third tranche of its Series C funding.
The round, which brought the total amount to approx. $300M to date, was led by existing investors including AE Industrial Partners, LP, as well as new investors including Mitsui & Co., Ltd.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Bill Weber, Firefly Aerospace is an end-to-end space transportation company with launch, lunar, and on-orbit services to grant space access to government and commercial customers. Its small- to medium-lift launch vehicles, lunar landers, and orbital vehicles provide the space industry with a single source for missions from low Earth orbit to the surface of the Moon and beyond.
Along with Firefly’s recent responsive launch success, the company has been awarded contracts for multiple Alpha missions, including a NASA mission, concluded a launch agreement with Lockheed Martin, and signed a multi-launch agreement with L3Harris. Under their Blue Ghost Lunar Lander product line, the company also won multiple U.S. government and commercial contracts, including three NASA Commercial Lunar Payload Services (CLPS) task orders.
In addition, Firefly’s on-orbit vehicle, Elytra, is on contract for its first mission for the National Reconnaissance Office, scheduled to fly on Firefly’s Alpha Rocket next year, while The Medium Launch Vehicle being co-developed with Northrop Grumman has major milestones scheduled before the end of the year.
The company expects to announce a close of its current financing round in the near future.
FinSMEs
13/11/2023