Firefly Aerospace plans to raise $350 mln for creation of Fi

Firefly Aerospace plans to raise $350 mln for creation of Firefly Beta medium-class launcher


Firefly Aerospace plans to raise $350 mln for creation of Firefly Beta medium-class launcher
2 min read
The U.S. rocket and space technology developer Firefly Aerospace Inc., owned by Ukrainian businessman Maksym Polyakov plans to raise $350 million to scale up production and work on a medium-class launch vehicle - Firefly Beta.
Firefly Aerospace CEO Tom Markusic spoke about these plans during the IPO Edge webinar, the company's press service said on Thursday.
"In the next five years we want to take Firefly from a $1 billion with Alpha to being on the order of a $10 billion company with a set of different launch vehicles," Markusic said.

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