Founded Year

2017

Stage

IPO | IPO

Total Raised

$708.45M

Date of IPO

8/7/2025

Market Cap

7.33B

Stock Price

18.31

Revenue

$0000 

About Firefly Aerospace

Firefly Aerospace operates in the aerospace industry, providing small- to medium-lift launch vehicles, lunar landers, and orbital vehicles. The company serves government and commercial customers with its range of vehicles that utilize advanced materials and propulsion technologies. Firefly Aerospace was formerly known as Firefly Space Systems. It was founded in 2017 and is based in Cedar Park, Texas.

Headquarters Location

1320 Arrow Point Drive Suite 109

Cedar Park, Texas, 78613,

United States

512-277-6959

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ESPs containing Firefly Aerospace

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Aerospace Tech

The lunar landers market develops autonomous spacecraft that deliver payloads to the surface of the moon. These vehicles range from small demonstration landers to heavy cargo systems transporting scientific instruments, resource prospecting equipment, rovers, and habitat modules. Companies in this market provide end-to-end services including spacecraft design, manufacturing, launch integration, la…

Firefly Aerospace named as Leader among 9 other companies, including SpaceX, Lockheed Martin, and Blue Origin.

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Expert Collections containing Firefly Aerospace

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Firefly Aerospace is included in 3 Expert Collections, including Conference Exhibitors.

C

Conference Exhibitors

5,302 items

A

Aerospace & Space Tech

4,108 items

These companies provide a variety of solutions, ranging from industrial drones to electrical vertical takeoff vehicles, space launch systems to satellites, and everything in between

D

Defense Tech

1,294 items

Defense tech is a broad field that encompasses everything from weapons systems and equipment to geospatial intelligence and robotics. Company categorization is not mutually exclusive.

Firefly Aerospace Patents

Firefly Aerospace has filed 7 patents.

The 3 most popular patent topics include:

  • rocket engines
  • rocket propulsion
  • spacecraft propulsion
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/24/2020

12/19/2023

Spacecraft propulsion, Rocket propulsion, Rocket engines, Engine technology, Aerodynamics

Grant

Application Date

4/24/2020

Grant Date

12/19/2023

Title

Related Topics

Spacecraft propulsion, Rocket propulsion, Rocket engines, Engine technology, Aerodynamics

Status

Grant

Latest Firefly Aerospace News

Firefly identifies cause of Alpha booster test failure

Nov 13, 2025

Credit: Firefly Aerospace WASHINGTON — Firefly Aerospace says contamination in a fluid line caused the loss of an Alpha first stage being tested for an upcoming launch, pushing back that mission to no earlier than the end of this year. In a Nov. 12 statement coinciding with the release of Firefly’s third-quarter financial results, the company said one of the four engines suffered a “combustion event” during the test. The issue was linked to “minute hydrocarbon contamination” caused by a process error during assembly of the stage, rather than a design flaw in the vehicle. Firefly said it has made process improvements in the wake of the incident. “As this was not a design issue, those corrections included increasing inspection requirements for the fluid systems, optimizing the first-stage sensors and incorporating additional automated aborts for testing,” said Jason Kim, Firefly’s chief executive, on an earnings call. The company also conducted a daylong “quality stand-down,” he said, during which personnel implemented process improvements. “We’re going to continue to enhance our reliability and quality culture,” he added. The stage was being tested for Flight 7 of the Alpha rocket, which will carry a technology demonstration payload for Lockheed Martin. The second stage and payload fairing for that mission are already at the launch site at Vandenberg Space Force Base in California, Kim said. Flight 7 will instead use the next Alpha booster on the production line. Firefly is projecting a launch either late in the fourth quarter of this year or early in the first quarter of next year. “I have full confidence in our vehicle’s design as well as our passionate and dedicated Alpha team to return to flight safely,” Kim said. Before the Flight 7 booster was destroyed on the test stand, the company had planned to launch both Flight 7 and Flight 8 before the end of the year. On the earnings call, Kim declined to provide guidance on future Alpha launches beyond Flight 7, including how many launches the company expects in 2026. “We are still assessing 2026,” he said. “Our plans are that we get a good flight up, get the post-flight data and continue production.” The issues with Alpha are having only a limited impact on work for the larger Eclipse vehicle that Firefly is developing with Northrop Grumman. Production of all Miranda engines that will power the first stage of the initial flight vehicle is underway, Kim said, while hot-fire tests of the first Vira engine, used on the upper stage, are planned for the first half of next year. Kim said there is no change in the schedule for Eclipse. The company previously said the first flight of the vehicle could take place “as soon as 2026” but has not been more specific. “Alpha should not affect our Eclipse production,” he said. Firefly reported $30.8 million in revenue in the third quarter, up from $22.4 million in the same quarter of 2024. The company had an adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) loss of $46.3 million in the quarter, compared to a $28 million loss a year ago. Related

Firefly Aerospace Frequently Asked Questions (FAQ)

  • When was Firefly Aerospace founded?

    Firefly Aerospace was founded in 2017.

  • Where is Firefly Aerospace's headquarters?

    Firefly Aerospace's headquarters is located at 1320 Arrow Point Drive, Cedar Park.

  • What is Firefly Aerospace's latest funding round?

    Firefly Aerospace's latest funding round is IPO.

  • How much did Firefly Aerospace raise?

    Firefly Aerospace raised a total of $708.45M.

  • Who are the investors of Firefly Aerospace?

    Investors of Firefly Aerospace include Northrop Grumman, Texas Space Commission, Giantleap Capital, RPM Ventures, Human Element and 16 more.

  • Who are Firefly Aerospace's competitors?

    Competitors of Firefly Aerospace include Voyager and 8 more.

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Compare Firefly Aerospace to Competitors

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Orbital ATK focuses on aerospace and defense and provides systems and services for space-related applications. The company offers a range of products, including space launch vehicles, satellite components, and missile defense systems. Orbital ATK serves various sectors, including government and commercial space and defense markets. Orbital ATK was formerly known as Orbital ATK. It was founded in 2015 and is based in Dulles, Virginia. Orbital ATK operates as a subsidiary of Northrop Grumman.

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United Launch Alliance

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SpaceX

SpaceX specializes in the design, manufacture, and launch of rockets and spacecraft in the aerospace industry. Its offerings include launch services for payloads such as satellites and cargo, as well as the development of spacecraft for human spaceflight. The company serves sectors such as government space agencies and commercial satellite operators. It was founded in 2002 and is based in Hawthorne, California.

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Blue Origin

Blue Origin is a company focused on space exploration and technology within the aerospace industry. The company develops reusable rocket engines, launch vehicles, in-space systems, and lunar landers. Blue Origin primarily serves the commercial spaceflight and space exploration sectors. It was founded in 2000 and is based in Kirkland, Washington.

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Sidereus Space Dynamics

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Astra

Astra focuses on providing dedicated small launches and on-orbit mobility solutions within the space industry. It offers orbital launch services for small satellites and manufactures electric propulsion systems for spacecraft. Its primary customers include builders and operators of advanced small satellite constellations. It was founded in 2016 and is based in Alameda, California.

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