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Austin has gained another tech unicorn — this time, in the space industry. On Tuesday, Firefly Aerospace announced it raised $75 million through a Series A round and closed a $100 million secondary transaction. The two deals mean that the Cedar Park-based aerospace company, which develops small and medium-sized launch vehicles, spacecraft and in-space services, is now valued at more than $1 billion. The Series A round was led by DADA Holdings. Canon Ball LLC, Astera Institute, SMS Capital Investment LLC, Raven One Ventures, Reuben Brothers Limited, the XBTO Ventures and other investors als...

Firefly Aerospace raises $75M, readies for first rocket launch The Texas-based company said it is now valued at more than $1 billion thanks to a list of investors, as it prepared for the inaugural launch of its Alpha rocket. Author: Erin McHugh Updated: 11:20 AM EDT May 4, 2021 WASHINGTON — Firefly Aerospace, which is developing launch and in-space vehicles, on Tuesday announced it has raised over $75 million in its Series A financing. In a press release, the Cedar Park, Texas-based company said it is now valued at more than $1 billion thanks to a list of inv...

New rocket, Firefly's Alpha, may be ready to launch by April By (0) An illustration shows the Blue Ghost lunar lander on the surface of the moon, which is a mission planned in 2023. Image courtesy Firefly Aerospace ORLANDO, Fla., Feb. 26 (UPI) -- Texas-based Firefly Aerospace plans to launch its new Alpha rocket from California in April and send a lunar lander to the moon by 2023. The 95-foot-high launch vehicle is designed to lift satellite payloads that weigh just over a ton into low-Earth orbit, or slightly lighter loads to a higher orbit. Advertisement Firefly has existed for only four ...

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 wi...

Firefly Aerospace, Adaptive Launch Solutions Sign Multi-Launch Agreement Firefly Aerospace, Inc., a leading provider of economical and dependable launch vehicles, spacecraft, and in-space services, and Adaptive Launch Solutions (ALS), a designer of multi-manifest hardware, avionics and sequencers, and an integrator of single and multiple satellites, have signed a multi-year Launch Services Agreement (LSA) which includes four Alpha launches beginning in 2021.  “Small launch provides small satellite owners right sized, righ...