Firefly Aerospace raises $75 million as company prepares first launch
Cedar Park-based Firefly Aerospace has raised $75 million in funding as the company moves closer to its inaugural rocket launch. Firefly, which was founded in 2014, is an aerospace company working to develop a group of launch vehicles and in-space services. The company has contracts with multiple commercial and government customers, including NASA and General Atomics. Firefly said it estimates its valuation at more than $1 billion. The funding round was led by DADA Holdings, and included investment from Astera Institute, Canon Ball LLC, Reuben Brothers Limited, SMS Capital Investment L...