Firefly Aerospace, the Texas-based company that successfully put a lander on the Moon earlier this year, is now having success with the stock market as well. It’s initial public offering (IPO) earlier this week led to a valuation of about $6 billion for the company. The sale provided Firefly with about $868 million in new funds to supports its ongoing efforts.
Firefly Aerospace has seen contracts roll in after its recent lunar success. For example, just last month NASA awarded the company a $177 million Commercial Lunar Payload Services contract. The contract calls for Firefly to deliver NASA-sponsored payloads to the lunar South Pole in 2029.
After the award last month, CEO Jason Kim stated:
Firefly is honored to support another NASA CLPS task order as a proven, reliable partner for robotic missions to the Moon…Following our first Blue Ghost mission that made history just a few months ago, this bold Firefly team proved we have the right mix of grit, innovation, and dedication to not only stick the landing, but also complete all scientific objectives for our payload partners. We’ve set the bar high, and we aim to continue setting new records in our missions to come with our active production line of Blue Ghost landers.
This is good news for other companies striving for a piece of the space industry. Now we just need to ensure NASA remains a reliable partner for Firefly Aerospace and others who have proven they can get the job done.
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